Common use of Operating Lease Clause in Contracts

Operating Lease. The parties hereto intend that this Lease shall be deemed for all purposes to be an operating lease and not a capital lease.

Appears in 15 contracts

Samples: Lease Agreement (ESH Hospitality, Inc.), Lease Agreement (ESH Hospitality, Inc.), Lease Agreement (ESH Hospitality, Inc.)

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Operating Lease. The parties hereto intend that this Lease Agreement shall be deemed for all purposes to be an operating lease and not a capital lease.

Appears in 2 contracts

Samples: Lease and Operating Agreement, Lease and Operating Agreement (Nevada Property 1 LLC)

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