Common use of Operational Licenses Clause in Contracts

Operational Licenses. During the Review Period Purchaser shall have -------------------- obtained, or determined that it will be able to obtain, all permits, licenses, approvals and other authorizations necessary or desirable to operate the Hotel and all restaurants. bars and lounges presently located in the Hotel, including, without limitation, the Liquor Licenses (hereinafter defined in accordance with Section 9.7 hereof. To that end, Sellers and Purchaser shall cooperate with each other, and each shall execute such transfer forms, license applications and other documents as may be necessary or customary for Purchaser or its designees to obtain such permits, licenses, approvals and other authorizations.

Appears in 3 contracts

Samples: Hotel Purchase Agreement (American General Hospitality Corp), Hotel Purchase Agreement (American General Hospitality Corp), Hotel Purchase Agreement (American General Hospitality Corp)

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Operational Licenses. During the Review Period Purchaser shall have -------------------- obtained, or determined that it will be able to obtain, all permits, licenses, approvals and other authorizations necessary or desirable to operate the Hotel and all restaurants. , bars and lounges presently located in the Hotel, including, without limitation, the Liquor Licenses (hereinafter defined in accordance with Section 9.7 hereofdefined). To that end, Sellers and Purchaser shall cooperate with each other, and each shall execute such transfer forms, license applications and other documents as may be necessary or customary desirable for Purchaser or its designees to obtain such permits, licenses, approvals and other authorizations.

Appears in 2 contracts

Samples: Purchase Agreement (American General Hospitality Corp), Hotel Purchase Agreement (American General Hospitality Corp)

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