Common use of Subleases and Concessions Clause in Contracts

Subleases and Concessions. Lessee shall assign to Lessor or Lessor's nominee simultaneously with the termination of this Agreement, and the assignee shall assume all subleases and concession agreements in effect with respect to the Facility then in Lessee's name.

Appears in 1 contract

Samples: Revolving Credit Agreement (Sunstone Hotel Investors Inc)

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Subleases and Concessions. Lessee shall assign to Lessor or Lessor's nominee simultaneously with the termination of this AgreementLease, and the assignee shall assume all subleases and concession agreements in effect with respect to the each Facility then in Lessee's name.

Appears in 1 contract

Samples: Lease Agreement (Hammons John Q Hotels Inc)

Subleases and Concessions. Operating Lessee shall assign to Operating Lessor or Operating Lessor's nominee simultaneously with the termination of this AgreementLease, and the assignee shall assume all subleases and concession agreements in effect with respect to the each Facility then in Operating Lessee's name.

Appears in 1 contract

Samples: Lease Agreement (Sunstone Hotel Investors, Inc.)

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Subleases and Concessions. Lessee shall assign to Lessor or Lessor's ’s nominee simultaneously with the termination of this AgreementLease, and the assignee shall assume all subleases and concession agreements in effect with respect to the each Facility then in Lessee's ’s name.

Appears in 1 contract

Samples: Lease Agreement (Sunstone Hotel Investors, Inc.)

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