Ownership of Replacements. All repairs, renovations, additions, alterations, improvements, renewals or replacements made pursuant to this Article V, and all amounts kept in the Reserves, shall, except as otherwise provided in this Agreement, be the property of Tenant or Landlord, as applicable, as provided under the Lease.
Appears in 7 contracts
Samples: Management Agreement (Service Properties Trust), Management Agreement (Service Properties Trust), Management Agreement (Service Properties Trust)
Ownership of Replacements. All repairs, renovations, additions, alterations, improvements, renewals or replacements made pursuant to this Article V, and all amounts kept in the Reserves, shall, except as otherwise provided in this Agreement, be the property of Tenant Landlord or LandlordOwner, as applicable, as provided under the Lease.
Appears in 6 contracts
Samples: Management Agreement (Hospitality Properties Trust), Management Agreement (Hospitality Properties Trust), Management Agreement (Hospitality Properties Trust)
Ownership of Replacements. All repairs, renovations, additions, alterations, improvements, renewals or replacements made pursuant to this Article V, and all amounts kept in the ReservesReserve, shallshall be the property of Owner, except subject to Manager's rights to such funds as otherwise provided in this Agreement, be the property of Tenant or Landlord, as applicable, as provided under the Lease.
Appears in 5 contracts
Samples: Management Agreement (Apple Hospitality Five Inc), Management Agreement (Apple Hospitality Five Inc), Management Agreement (Apple Hospitality Five Inc)
Ownership of Replacements. All repairs, renovations, additions, alterations, improvements, renewals or replacements made pursuant to this Article V, and all amounts kept in the ReservesReserve, shall, except as otherwise provided in this Agreement, be the property of Tenant or Landlord, as applicable, as provided under the LeaseOwner.
Appears in 2 contracts
Samples: Management Agreement (Apple Hospitality Five Inc), Management Agreement (Apple Hospitality Two Inc)
Ownership of Replacements. All repairs, renovations, additions, alterations, improvements, renewals or replacements made pursuant to this Article V, and all amounts kept in the ReservesReserve, shallshall be the property of Owner, except subject to Manager’s rights to such funds as otherwise provided in this Agreement, be the property of Tenant or Landlord, as applicable, as provided under the Lease.
Appears in 2 contracts
Samples: Management Agreement (Apple Reit Six Inc), Management Agreement (Apple Reit Six Inc)
Ownership of Replacements. All repairs, renovations, additions, alterations, improvements, renewals or replacements made pursuant to this Article V, and all amounts kept in the ReservesCapital Reserve, shall, except as otherwise provided in this Agreement, be the property of Tenant or Landlord, as applicable, as provided under the LeaseOwner.
Appears in 1 contract
Samples: Hotel Management Agreement (Strategic Hotel Capital Inc)
Ownership of Replacements. All repairs, renovations, additions, alterations, improvements, renewals or replacements made pursuant to this Article V, and all amounts kept in the Reserves, shall, except as otherwise provided in this Agreement, be the property of Tenant or Landlord, as applicable, as provided under the applicable Lease.
Appears in 1 contract
