Common use of Hotel Covenants Clause in Contracts

Hotel Covenants. (a) Each of Borrower and Leasehold Pledgor shall cause each of Owner and Operating Lessee to cause the hotel located on each Individual Property to be operated pursuant to the applicable Franchise Agreement.

Appears in 4 contracts

Samples: Mezzanine B Loan Agreement (Hospitality Investors Trust, Inc.), Mezzanine a Loan Agreement (Hospitality Investors Trust, Inc.), Mezzanine Loan Agreement (Hospitality Investors Trust, Inc.)

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Hotel Covenants. (a) Each of Borrower and Leasehold Pledgor shall cause each of Owner and Operating Lessee to shall cause the hotel located on each Individual Property to be operated pursuant to the applicable Franchise Agreement.

Appears in 3 contracts

Samples: Loan Agreement (Hospitality Investors Trust, Inc.), Loan Agreement (Hospitality Investors Trust, Inc.), Loan Agreement (Hospitality Investors Trust, Inc.)

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