Common use of Hotel Franchise Clause in Contracts

Hotel Franchise. Acquiror or its designee shall have received a franchise with respect to the Hotel from the Franchisor for a minimum term of ten (10) years from the date hereof, all upon terms and conditions reasonably acceptable to Acquiror. Acquiror will use its best efforts to obtain such approval and shall pay all costs and expenses associated therewith. From the date hereof to and including the Closing Date, Contributor shall comply with and perform all of the duties and obligations of licensee under the Franchise.

Hotel Franchise. Acquiror or its designee shall have received a franchise with respect to the Hotel from the Franchisor for a minimum term of ten (10) years from the date hereof, all upon terms and conditions reasonably acceptable to Acquiror. Acquiror will shall use its best efforts to obtain such approval and shall pay all costs and expenses associated therewith. From the date hereof to and including the Closing Date, Contributor shall comply with and perform all of the duties and obligations of licensee under the Franchise.

Hotel Franchise. Acquiror or its designee shall have received a franchise with respect to the Hotel from the Franchisor for a minimum term of ten (10) years from the date hereof, all upon terms and conditions reasonably acceptable to Acquiror. Acquiror will use its best efforts to obtain such approval and shall pay all costs and expenses associated therewith. From the date hereof to and including the Closing Date, Contributor shall comply with and perform all of the duties and obligations of licensee under the Franchise.to