Operating Agreement Estoppels. Lender shall have received an executed estoppel letter from each party to an Operating Agreement, which shall be in form and substance satisfactory to Lender.
Appears in 5 contracts
Samples: Loan Agreement (Colony Resorts LVH Acquisitions LLC), Loan Agreement (Strategic Hotel Capital Inc), Second Mezzanine Loan Agreement (Strategic Hotel Capital Inc)
Operating Agreement Estoppels. Lender shall have received an executed estoppel letter from each party to an Operating Agreement which is required to deliver an estoppel pursuant to such Operating Agreement, which shall be in form and substance satisfactory to Lender.
Appears in 1 contract
Operating Agreement Estoppels. The Lender shall have received an executed estoppel letter from each party to an Operating Agreement which is required to deliver an estoppel pursuant to such Operating Agreement, which shall be in form and substance reasonably satisfactory to Lenderthe Lender (or in the form required to be delivered under the applicable Operating Agreement).
Appears in 1 contract
Samples: Mezzanine Loan Agreement (Prime Group Realty Trust)
Operating Agreement Estoppels. Lender shall have received an executed estoppel letter from each party to an Operating Agreement which is required to deliver an estoppel pursuant to such Operating Agreement, which shall be in form and substance satisfactory to LenderLender in its Discretion.
Appears in 1 contract
Samples: Loan Agreement (Starwood Hotel & Resorts Worldwide Inc)
