Leases and Concessions. Lessee shall assign to Lessor or Lessor’s nominee simultaneously with the termination of this Lease, and the assignee shall assume, all leases and concession agreements in effect with respect to the Hotel then in Lessee’s name.
Appears in 35 contracts
Samples: Hotel Lease Agreement (Moody National REIT II, Inc.), Hotel Lease Agreement, Hotel Lease Agreement (Moody National REIT II, Inc.)
Leases and Concessions. Lessee shall assign to Lessor or Lessor’s 's nominee simultaneously with the termination of this Lease, and the assignee shall assume, all leases and concession agreements in effect with respect to the Hotel then in Lessee’s 's name.
Appears in 7 contracts
Samples: Master Hotel Lease Agreement (Apple Suites Inc), Master Hotel Lease Agreement (Apple Suites Inc), Master Hotel Lease Agreement (Apple Hospitality Five Inc)
Leases and Concessions. Lessee shall assign to Lessor or Lessor’s nominee simultaneously with the termination of this Lease, and the assignee shall assume, assume all leases and concession agreements in effect with respect to the Hotel then in Lessee’s name.
Appears in 6 contracts
Samples: Lease Agreement (American Realty Capital Hospitality Trust, Inc.), Lease Agreement (American Realty Capital Hospitality Trust, Inc.), Lease Agreement (American Realty Capital Hospitality Trust, Inc.)
Leases and Concessions. Lessee shall assign to Lessor or Lessor’s 's nominee simultaneously with the termination of this Lease, and the assignee shall assume, assume all leases and concession agreements in effect with respect to the Hotel then in Lessee’s 's name.
Appears in 4 contracts
Samples: Lease Agreement (Strategic Hotel Capital Inc), Lease Agreement (Strategic Hotel Capital Inc), Lease Agreement (Strategic Hotel Capital Inc)
Leases and Concessions. Lessee shall assign to Lessor or Lessor’s nominee 's designee simultaneously with the termination of this LeaseAgreement, and the assignee shall assume, all leases leases, contracts, concession agreements and concession agreements in effect with respect to the Hotel then in Lessee’s name's name which are designated by Lessor.
Appears in 3 contracts
Samples: Lease Agreement (Felcor Lodging Trust Inc), Lease Agreement (Bristol Hotels & Resorts Inc), Lease Agreement (Felcor Suite Hotels Inc)
Leases and Concessions. Lessee shall assign to Lessor or Lessor’s 's ---------------------- nominee simultaneously with the termination of this Lease, and the assignee shall assume, all leases and concession agreements in effect with respect to the Hotel then in Lessee’s 's name.
Appears in 3 contracts
Samples: Master Hotel Lease Agreement (Apple Hospitality Two Inc), Hotel Lease Agreement (Apple Suites Inc), Master Hotel Lease Agreement (Apple Hospitality Two Inc)
Leases and Concessions. Lessee shall assign to Lessor or Lessor’s 's nominee simultaneously with the termination of this Master Lease, and the assignee shall assume, assume all leases and concession agreements in effect with respect to the Hotel then in Lessee’s 's name.
Appears in 1 contract
Leases and Concessions. Lessee shall assign to Lessor or ---------------------- Lessor’s 's nominee simultaneously with the termination of this Lease, and the assignee shall assume, all leases and concession agreements in effect with respect to the Hotel then in Lessee’s 's name.
Appears in 1 contract
Leases and Concessions. Lessee shall assign to Lessor or Lessor’s 's nominee simultaneously with the termination of this Lease, and the assignee shall assumeassume and indemnify Lessee for, all leases and concession agreements in effect with respect to the Hotel then in Lessee’s 's name, all of the costs, fees, and expenses of which shall be paid by the assignee.
Appears in 1 contract
