Substitute Hotel Sample Clauses
Substitute Hotel. If the Borrower selects this option, the Borrower shall deliver to the Banks another hotel or hotels acceptable to all of the Banks to serve as a "Borrowing Base Hotel" (a "Substitute Hotel"), in which case the pro forma Borrowing Base Value Certificate shall reflect the inclusion of such hotel in the calculations of the Maximum Advance, and the Borrower shall provide the documentation necessary for the Banks to consider such hotel as a Borrowing Base Hotel.
Substitute Hotel. The Borrower may offer to substitute another hotel or hotels to serve as a "Primary Hotel" (a "Substitute Hotel"), in which case the replacement Borrowing Base Certificate shall reflect the inclusion of such hotel in the calculations of the Line Availability Amount, and the Borrower shall provide the documentation necessary for the Banks to consider such hotel as a Primary Hotel.