Common use of Parties' Rights and Obligations Clause in Contracts

Parties' Rights and Obligations. If during the Term there is any Condemnation of all or any part of the Leased Property or any interest in this Lease, the rights and obligations of Lessor and Lessee shall be determined by this Article 15.

Appears in 42 contracts

Samples: Hotel Lease Agreement, Hotel Lease Agreement (Apple REIT Ten, Inc.), Hotel Lease Agreement (Apple REIT Ten, Inc.)

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Parties' Rights and Obligations. If during the Term there is any Condemnation of all or any part of the Leased Property or any interest in this Lease, the rights and obligations of Lessor and Lessee shall be determined by this Article 15XV.

Appears in 29 contracts

Samples: Master Lease Agreement, Master Lease Agreement (Supertel Hospitality Inc), Lease Agreement (MHI Hospitality CORP)

Parties' Rights and Obligations. If If, during the Term Term, there is any Condemnation of all or any part of the Leased Property or any interest in this Lease, the rights and obligations of Lessor and Lessee shall be determined by this Article 15XV.

Appears in 7 contracts

Samples: Lease Agreement (American Realty Capital Hospitality Trust, Inc.), Lease Agreement (American Realty Capital Hospitality Trust, Inc.), Lease Agreement (American Realty Capital Hospitality Trust, Inc.)

Parties' Rights and Obligations. If during the Term term there is any Condemnation of all or any part of the Leased Property or any interest in this Lease, the rights and obligations of Lessor and Lessee shall be determined by this Article 15XV.

Appears in 4 contracts

Samples: Lease Agreement (Crescent Real Estate Equities Inc), Lease Agreement (Crescent Real Estate Equities Inc), Lease Agreement (Crescent Operating Inc)

Parties' Rights and Obligations. If during the Term there is any Condemnation of all or any part of the Leased Property or any interest in this Lease, the rights and obligations of Lessor and Lessee shall be determined by this Article Section 15.

Appears in 3 contracts

Samples: Lease Agreement (Host Funding Inc), Lease Agreement (Host Funding Inc), Lease Agreement (Host Funding Inc)

Parties' Rights and Obligations. If during the Term there is any Condemnation of all or any part of the Leased Property or any interest in this Lease, the rights and obligations of Lessor and Lessee shall be determined by this Article 15XV, subject to the provisions of any Mortgage.

Appears in 3 contracts

Samples: Merger Agreement (American General Hospitality Corp), Merger Agreement (Capstar Hotel Co), Purchase and Sale Agreement (Prime Hospitality Corp)

Parties' Rights and Obligations. If during the Term there is any Condemnation of all or any part of the Leased Property or any interest in this Lease, the rights and obligations of Lessor and Lessee shall be determined by this Article 1515 subject to the terms of any Mortgage or Ground Lease.

Appears in 3 contracts

Samples: Lease Agreement (Bristol Hotels & Resorts Inc), Master Hotel Agreement (Felcor Suite Hotels Inc), Lease Agreement (Felcor Lodging Trust Inc)

Parties' Rights and Obligations. If during the Term there is any -------------------------------- Condemnation of all or any part of the Leased Property or any interest in this Lease, the rights and obligations of Lessor and Lessee shall be determined by this Article 15.

Appears in 2 contracts

Samples: Hotel Lease Agreement (Apple Suites Inc), Master Hotel Lease Agreement (Apple Hospitality Two Inc)

Parties' Rights and Obligations. If during the Term there is any ------------------------------- Condemnation of all or any part of the Leased Property or any interest in this Lease, the rights and obligations of Lessor and Lessee shall be determined by this Article 15.

Appears in 2 contracts

Samples: Master Hotel Lease Agreement (Apple Hospitality Two Inc), Hotel Lease Agreement (Apple Suites Inc)

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Parties' Rights and Obligations. If during the Term there is ------------------------------- any Condemnation of all or any part of the Leased Property or any interest in this Lease, the rights and obligations of Lessor and Lessee shall be determined by this Article 15XV, subject to the provisions of any Mortgage.

Appears in 1 contract

Samples: Lease Agreement (American General Hospitality Corp)

Parties' Rights and Obligations. If during the Term there is any Condemnation of all or any part of the Leased Property or any interest in this Lease, the rights and obligations of Lessor and Lessee shall be determined by this Article 15.

Appears in 1 contract

Samples: Lease Agreement (Humphrey Hospitality Trust Inc)

Parties' Rights and Obligations. If during the Term there is any Condemnation of all or any part of the Leased Property or any interest in this Lease, the rights and obligations of Lessor and Lessee shall be determined by this Article ARTICLE 15.

Appears in 1 contract

Samples: Lease Agreement (Capital Lodging)

Parties' Rights and Obligations. If during the Term there is any Condemnation of all or any part of the Leased Property or any interest in this Lease, the rights and obligations of Lessor and Lessee shall be determined by this Article 15XV, subject to the provisions of any Mortgage and/or Ground Lease.

Appears in 1 contract

Samples: Stock Purchase Agreement (Keystone Inc Et Al)

Parties' Rights and Obligations. If during the Term there is any Condemnation of all or any part of the a Leased Property or any interest in this Master Lease, the rights and obligations of Lessor and Lessee shall be determined by this Article 15XV.

Appears in 1 contract

Samples: Master Lease Agreement (Winston Hotels Inc)

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