Common use of No Covenants, Conditions or Restrictions Clause in Contracts

No Covenants, Conditions or Restrictions. A. Owner covenants that, as of the Effective Date and during the Term, there will not be (unless Manager has given its prior consent thereto) any covenants, conditions or restrictions, including reciprocal easement agreements or cost-sharing arrangements (individually or collectively referred to as "CC&R(s)") affecting the Site or the Inn which: (i) would prohibit or limit Manager from operating the Inn in accordance with the System Standards; (ii) would allow the Inn facilities (for example, parking spaces) to be used by persons other than guests, invitees or employees of the Inn; (iii) would allow the Inn facilities to be used for specified charges or rates which have not been approved by Manager; or (iv) would subject the Inn to exclusive arrangements regarding food and beverage operation or retail merchandise.

Appears in 5 contracts

Samples: Management Agreement (Apple Hospitality Five Inc), Management Agreement (Apple Hospitality Five Inc), Management Agreement (Apple Hospitality Five Inc)

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No Covenants, Conditions or Restrictions. A. Owner covenants that, as of the Effective Date and during the Term, there will not be (unless Manager has given its prior consent thereto) any covenants, conditions or restrictions, including reciprocal easement agreements or cost-sharing arrangements (individually or collectively referred to as "CC&R(s)") affecting the Site or the Inn Hotel which: (i) would prohibit or limit Manager from operating the Inn Hotel in accordance with the System Standards; (ii) would allow the Inn Hotel facilities (for example, parking spaces) to be used by persons other than guests, invitees or employees of the InnHotel; (iii) would allow the Inn Hotel facilities to be used for specified charges or rates which have not been approved by Manager; or (iv) would subject the Inn Hotel to exclusive arrangements regarding food and beverage operation or retail merchandise.

Appears in 1 contract

Samples: Management Agreement (Apple Reit Six Inc)

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No Covenants, Conditions or Restrictions. A. Owner covenants that, as of the Effective Opening Date and during the TermTerm of this Agreement, there will not be (unless Manager has given its prior written consent thereto) any covenants, conditions or restrictions, including reciprocal easement agreements or cost-sharing arrangements (individually or collectively referred to as "CC&R(s)"“CC&R’s”) affecting the Site or the Inn which: (i) which would prohibit or limit Manager from operating the Inn in accordance with the System Standardsstandards of this Agreement, including related amenities proposed for the Inn; or (ii) which would allow the all Inn facilities (for example, parking spaces) to be used by persons other than guests, invitees or employees of the Inn; (iii) would allow the Inn facilities to be used for specified charges or rates which have not been approved by Manager; or (iv) would subject the Inn to exclusive arrangements regarding food and beverage operation or retail merchandise.

Appears in 1 contract

Samples: Management Agreement (Apple Hospitality Five Inc)

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