Common use of The Hotel Clause in Contracts

The Hotel. The subject matter of this Agreement is the management of the "Hotel", as defined in the Homewood Suites License Agreement attached hereto as Exhibit "A" (hereinafter collectively referred to as the "License Agreement"), by Manager. The Hotel is owned in fee by Apple Suites, Inc., a Virginia corporation ("Fee Owner") and leased to Owner pursuant to a lease between Fee Owner and Owner with a commencement date of even date herewith covering the Hotel (hereinafter the "Percentage Lease"). The License Agreement shall exclusively govern Owner's right to use the Homewood Suites "System" (as defined in the License Agreement) in the operation of the Hotel. Fee Owner shall have no right to use the Homewood Suites "System" except as expressly set forth in the License Agreement. Owner hereby expressly acknowledges that neither it nor Fee Owner shall derive any rights in or to the use of the "Homewood Suites" name or the Homewood Suites "System" from this Agreement.

The Hotel. The subject matter of this Agreement is the --------- management of the "Hotel", as defined in the Homewood Suites License Agreement attached hereto as Exhibit "A" (hereinafter collectively referred to as the "License Agreement"), by Manager. The Hotel is owned in fee by Apple Suites, Inc., a Virginia corporation ("Fee Owner") and leased to Owner pursuant to a lease between Fee Owner and Owner with a commencement date of even date herewith covering the Hotel (hereinafter the "Percentage Lease"). The License Agreement shall exclusively govern Owner's right to use the Homewood Suites "System" (as defined in the License Agreement) in the operation of the Hotel. Fee Owner shall have no right to use the Homewood Suites "System" except as expressly set forth in the License Agreement. Owner hereby expressly acknowledges that neither it nor Fee Owner shall derive any rights in or to the use of the "Homewood Suites" name or the Homewood Suites "System" from this Agreement.

The Hotel. The subject matter of this Agreement is the management of the "Hotel", as defined in the Homewood Suites License Agreement attached hereto as Exhibit "A" (hereinafter collectively referred to as the "License Agreement"), by Manager. The Hotel is owned in fee by Apple Suites, Inc., a Virginia corporation ("Fee Owner") and leased to Owner pursuant to a lease of even date herewith between Fee Owner and Owner with a commencement date of even date herewith covering the Hotel (hereinafter the "Percentage Lease"). The License Agreement shall exclusively govern Owner's right to use the Homewood Suites "System" (as defined in the License Agreement) in the operation of the Hotel. Fee Owner shall have no right to use the Homewood Suites "System" except as expressly set forth in the License Agreement. Owner hereby expressly acknowledges that neither it nor Fee Owner shall derive any rights in or to the use of the "Homewood Suites" name or the Homewood Suites "System" from this Agreement.