Common use of Hotel Property Clause in Contracts

Hotel Property. Any Real Estate that operates or, in the case of Land Assets or a Development Property is intended to be operated, as a hotel or similar lodging for transient uses of rooms.

Appears in 4 contracts

Samples: Credit Agreement (Condor Hospitality Trust, Inc.), Credit Agreement (Condor Hospitality Trust, Inc.), Term Loan Agreement (Condor Hospitality Trust, Inc.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!