Common use of Operational Licenses Clause in Contracts

Operational Licenses. Purchaser shall have obtained all permits, licenses, approvals and Authorizations necessary or desirable to operate the Hotel and all restaurants, bars and lounges presently located in the Hotel, including, without limitation, liquor licenses or alcoholic beverage licenses. To that end, the Seller and the Purchaser shall have cooperated with each other, and each shall have executed such transfer forms, license applications and other documents as may be necessary or desirable for Purchaser to obtain such permits, licenses, approvals and Authorizations.

Appears in 4 contracts

Samples: Purchase Agreement (Humphrey Hospitality Trust Inc), Purchase Agreement (Humphrey Hospitality Trust Inc), Purchase Agreement (Humphrey Hospitality Trust Inc)

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Operational Licenses. Purchaser shall have obtained all permits, -------------------- licenses, approvals and Authorizations necessary or desirable to operate the Hotel and all restaurants, bars and lounges presently located in the Hotel, including, without limitation, liquor licenses or alcoholic beverage licenses. To that end, the Seller and the Purchaser shall have cooperated with each other, and each shall have executed such transfer forms, license applications and other documents as may be necessary or desirable for Purchaser to obtain such permits, licenses, approvals and Authorizations.

Appears in 3 contracts

Samples: Purchase Agreement (Hersha Hospitality Trust), Purchase Agreement (Hersha Hospitality Trust), Purchase Agreement (Hersha Hospitality Trust)

Operational Licenses. Purchaser shall have obtained all permits, -------------------- licenses, approvals and Authorizations other authorizations necessary or desirable to operate the Hotel and all restaurants, bars and lounges presently located in the Hotel, including, without limitation, liquor licenses or alcoholic beverage licensesthe Liquor Licenses. To that end, the Seller and the Purchaser shall have cooperated with each other, and each shall have executed such transfer forms, license applications and other documents as may be necessary or desirable for Purchaser to obtain such permits, licenses, approvals and Authorizationsother authorizations.

Appears in 1 contract

Samples: Hotel Purchase Agreement (American General Hospitality Corp)

Operational Licenses. Purchaser shall have obtained all permits, licenses, approvals and Authorizations necessary or desirable to operate the Hotel Hotels and all restaurants, bars and lounges presently located in the Hotel, Hotels including, without limitation, liquor licenses or alcoholic beverage licenses. To that end, the Seller and the Purchaser shall have cooperated with each other, and each shall have executed such transfer forms, license applications and other documents as may be necessary or desirable for Purchaser to obtain such permits, licenses, approvals and Authorizations.

Appears in 1 contract

Samples: Purchase Agreement (Humphrey Hospitality Trust Inc)

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Operational Licenses. Purchaser shall have obtained all permits, licenses, approvals and Authorizations necessary or desirable to operate the Hotel and all restaurants, bars and lounges presently located in the Hotel, including, without limitation, liquor licenses or alcoholic beverage licenses. To that end, the Seller Sellers and the Purchaser shall have cooperated with each other, and each shall have executed such transfer forms, license applications and other documents as may be necessary or desirable for Purchaser to obtain such permits, licenses, approvals and Authorizations.

Appears in 1 contract

Samples: Purchase Agreement (Hersha Hospitality Trust)

Operational Licenses. Purchaser Acquiror shall have obtained all permits, -------------------- licenses, approvals and Authorizations necessary or desirable to operate the Hotel and all restaurants, bars and lounges presently located in the Hotel, including, without limitation, liquor licenses or alcoholic beverage licenses. To that end, the Seller Contributor and the Purchaser Acquiror shall have cooperated with each other, and each shall have executed such transfer forms, license applications and other documents as may be necessary or desirable for Purchaser Acquiror to obtain such permits, licenses, approvals and Authorizations.

Appears in 1 contract

Samples: Contribution Agreement (Hersha Hospitality Trust)

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