NEW HOTELS. Lessee acknowledges and agrees that any Hotel owned or leased by Lessee or its designees from any Affiliates of the Partnership (including the Landlords) from and after the Effective Date may at the election of the parties to the Mutual Exclusivity Agreement either be subject to the terms and provisions of this Agreement effective upon execution of an addendum to this Agreement (the “Addendum”) in the form of Exhibit “A” attached hereto, or pursuant to a management agreement in form and substance substantially similar to the terms of this Agreement with either Manager or an Affiliate of Manager; provided that there does not then exist an uncured Event of Default by Manager under this Agreement and the independent director approval requirements under the Mutual Exclusivity Agreement have been satisfied. Effective upon execution of said Addendum, all terms and conditions of this Agreement shall be deemed amended to include and apply to such Hotel(s) as provided in the Addendum. Notwithstanding anything to the contrary contained in this Agreement, a Lessee shall have no liability under this Agreement unless and until Lessee is or hereafter becomes a New Lessee (as that term is defined in a fully executed Addendum) with respect to a Hotel.
NEW HOTELS. 33.01 The parties hereto acknowledge the existence of the Memorandum of Agreement between Starwood Hotels and Resorts Worldwide Inc. And UNITE HERE Local 75 which concerns the subject of new hotels and which was negotiated with Starwood Hotels and Resorts Worldwide Inc. in partial consideration for other terms and conditions of this Agreement. The Memorandum of Agreement, attached or appended to the collective agreement is incorporated by reference into the collective agreement.
NEW HOTELS. The parties hereto acknowledge the existence of the Memorandum of Agreement between Hilton Hotels Corporation and UNITE-HERE, Local 75 which concerns the subject of new hotels and which was negotiated with Hilton Hotels Corporation, in partial consideration for other terms and conditions of this Agreement. The Memorandum of Agreement, attached or appended to the collective agreement is incorporated by reference into the collective agreement.
NEW HOTELS. Lessee acknowledges and agrees that any Hotel owned or leased or to be developed by Lessee or its designees from any Affiliates of the Partnership (including the Landlords) from and after the Effective Date may become subject to the terms and provisions of this Agreement effective upon execution of an addendum to this Agreement (the “Addendum”) in the form of Exhibit “A” attached hereto, or pursuant to a management agreement in form and substance substantially similar to the terms of this Agreement with either Manager or an Affiliate of Manager. Effective upon execution of said Axxxxxxx, all terms and conditions of this Agreement shall be deemed amended to include and apply to such Hotel(s) as provided in the Addendum. Notwithstanding anything to the contrary contained in this Agreement, a Lessee shall have no liability under this Agreement unless and until Lessee is or hereafter becomes a New Lessee (as that term is defined in a fully executed Addendum) with respect to a Hotel. This Agreement will be construed as a separate and independent project management agreement with respect to each Hotel. Any affiliate of Stirling TRS Corporation may become party to this Agreement with respect to a Hotel by executing and delivering an Addendum relating to such Hotel, and in such event, it will not be a condition to the effectiveness of such Addendum that Stirling TRS Corporation consent, join or otherwise be party to such Addendum.
NEW HOTELS. Approximately 206,000 square feet of new limited service hotels (the "Hotels"), expected to be three (3) new hotels with national flags and the scope and quality of which shall be consistent with the current service provided by the Hampton Inn hotel located at 00000 Xxxxxxx Xxxxxxxx Road in the City as of the Effective Date, or other comparable national flag hotel brand including, by way of illustration, La Quinta Inn & Suites, Holiday Inn Express, Hilton Garden Inn, Fairfield Inn, or Courtyard by Marriott. No part of the public financing in the proposed document may be used to directly reimburse any costs or expenses related to the development and construction of the Hotels in the Project; accordingly, none of the Hotels are contractual commitments of the Developer.
NEW HOTELS. The parties hereto acknowledge the existence of the Memorandum of Agreement between Hilton Hotels Corporation and UNITE-HERE, Local which concerns the subject of new hotels and which was negotiated with Hilton Hotels Corporation, in partial consideration for other terms and conditions of this Agreement. The Memorandum of Agreement, attached or appended to the collective agreement is incorporated by reference into the collective agreement. MEMORANDUM OF AGREEMENT THIS MEMORANDUM OF AGREEMENT (“Agreement”) is made and entered into by and between HOTELS CORPORATION (“Hilton”) and UNITE HERE Local (the “Union”). This Agreement shall become a part of and be applicable for the term of the collective bargaining agreement between the Union and [hotel] and shall apply to any new full service hotel (as defined below in this paragraph) in the City of Toronto and the airport area that, on or after the effective date of the is newly constructed by Xxxxxx, newly owned by Xxxxxx or newly managed by Hilton (each referred to hereinafter as a “Hotel” or “Employer”). The term “full service hotel” as used in this Agreement means any hotel operated by Hilton in substantially the same style and manner, and offering substantially the same range of guest services as offered by Xxxxxx at the New York Hilton and Hotels. All other hotels, including hotels operated in substantially the same style and manner, and offering substantially the same range of guest services as are currently offered by Hilton Suites, Hilton Garden Inns, Hilton Grand Vacation Club, Hampton Inn, Hampton Inn Suites, and Suites shall be defined as a “non-full service hotel” and shall be specifically excluded from the provisions of this Agreement. Any hotels which are operated under a franchise license agreement with Xxxxxx also shall be specifically excluded from the provisions of this Agreement. Employees of the Hotel employed in job classifications identified in the recognition clause of the shall be referred to throughout this Agreement as “Employees”. All other employees of the Hotel and/or Employees currently represented by a trade union are excluded. The parties hereby establish the following procedure for the purpose of ensuring an orderly environment for the exercise by the Employer’s Employees of their rights under Section of the Ontario Labour Relations Act and to avoid picketing and/or all other economic action directed at the Employer in the event the Union decides to conduct an organizing campaign a...
NEW HOTELS. Approximately 206,000 square feet of new limited service hotels (the "Hotels"), expected to be three (3) new hotels with national flags and the scope and quality of which shall be consistent with the current service provided by the Hampton Inn hotel located at 00000 Xxxxxxx Xxxxxxxx Road in the City as of the Effective Date, or other comparable national flag hotel brand including, by way of illustration, La Quinta Inn & Suites, Holiday Inn Express, Hilton Garden Inn, Fairfield Inn, or Courtyard by Marriott. The Parties hereby understand and agree that no part of the Public Financing shall be used to directly reimburse any costs or expenses related to the development and construction of the Hotels in the Amended Project. (e) (f)Office Space. Approximately 80,000 square feet of new Class A office space (the "Office Space").
