Franchisor Subordinations. The Borrowers shall have delivered to Lender (1) certified copies of each Franchise Agreement and (2) the Franchisor’s Subordinations.
Appears in 3 contracts
Samples: Loan Agreement, Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc)
Franchisor Subordinations. The Borrowers Borrower shall have delivered to Lender (1) certified copies of each Franchise Agreement and (2) the Franchisor’s 's Subordinations.
Appears in 1 contract
Samples: Mezzanine Loan Agreement (Ashford Hospitality Trust Inc)
