Common use of Permitted Transfers of a Partial Interest that Require Notice Clause in Contracts

Permitted Transfers of a Partial Interest that Require Notice. The following Transfer is permitted with prior written notice to us if the Permitted Transfer does not result in a change in Control of the Franchisee, the Hotel or the Hotel Site provided that after the transaction: 13.2.2.1 Less than 50% of all Equity Interests in the Hotel or Franchisee will have changed hands within a 12-month period.