Non-Disturbance Agreement. Notwithstanding Section 23.01, Lessee agrees that, prior to obtaining any Hotel Mortgage or executing any Lease, Lessee will use its commercially reasonable efforts to obtain from each prospective Holder or Landlord (as applicable), a Non-Disturbance Agreement pursuant to which Manager’s rights under this Agreement will not be
Appears in 3 contracts
Samples: Loan Agreement (Ashford Hospitality Prime, Inc.), Mutual Exclusivity Agreement (Ashford Hospitality Prime, Inc.), Master Management Agreement (Ashford Hospitality Prime, Inc.)
Non-Disturbance Agreement. Notwithstanding Section 23.01, Lessee agrees that, prior to obtaining any Hotel Mortgage or executing any Lease, Lessee will use its commercially reasonable efforts to obtain from each prospective Holder or Landlord (as applicable), a Non-Disturbance Agreement pursuant to which Manager’s rights under this Agreement will not bebe disturbed as a result of a default stemming from non-monetary factors which are not defaults by Manager under Section 19.
Appears in 2 contracts
Samples: Master Project Management Agreement (Braemar Hotels & Resorts Inc.), Master Project Management Agreement (Ashford Inc.)
Non-Disturbance Agreement. Notwithstanding Section 23.01, Lessee agrees that, prior to obtaining any Hotel Mortgage or executing any Lease, Lessee will use its commercially reasonable efforts to obtain from each prospective Holder or Landlord (as applicable), a Non-Disturbance Agreement pursuant to which Manager’s rights under this Agreement will not bebe disturbed as a result of a default stemming from non-monetary factors which (i) relate to Lessee and do not relate solely to the applicable Hotel, and (ii) are not defaults by Manager under Section 19.
Appears in 2 contracts
Samples: Master Management Agreement (Braemar Hotels & Resorts Inc.), Hotel Master Management Agreement (Ashford Hospitality Trust Inc)
Non-Disturbance Agreement. Notwithstanding Section 23.01, Lessee Xxxxxx agrees that, prior to obtaining any Hotel Mortgage or executing any Lease, Lessee will use its commercially reasonable efforts to obtain from each prospective Holder or Landlord (as applicable), a Non-Disturbance Agreement pursuant to which Manager’s rights under this Agreement will not bebe disturbed as a result of a default stemming from non-monetary factors which are not defaults by Manager under Section 19.
Appears in 1 contract
Non-Disturbance Agreement. Notwithstanding Section SECTION 23.01, Lessee agrees that, prior to obtaining any Hotel Mortgage or executing any Lease, Lessee will use its commercially reasonable efforts to obtain from each prospective Holder or Landlord (as applicable), a Non-Disturbance Agreement pursuant to which Manager’s 's rights under this Agreement will not bebe disturbed as a result of a default stemming from non-monetary factors which (i) relate to Lessee and do not relate solely to the applicable Hotel, and (ii) are not defaults by Manager under SECTION 19.01
Appears in 1 contract
Samples: Hotel Master Management Agreement (Ashford Hospitality Trust Inc)
Non-Disturbance Agreement. Notwithstanding Section 23.01, Lessee Lxxxxx agrees that, prior to obtaining any Hotel Mortgage or executing any Lease, Lessee will use its commercially reasonable efforts to obtain from each prospective Holder or Landlord (as applicable), a Non-Disturbance Agreement pursuant to which Manager’s rights under this Agreement will not bebe disturbed as a result of a default stemming from non-monetary factors which are not defaults by Manager under Section 19.
Appears in 1 contract
Samples: Master Project Management Agreement (Stirling Hotels & Resorts, Inc.)
