Common use of Trade Area Restriction Clause in Contracts

Trade Area Restriction. Neither Tenant nor any of its Affiliated Persons shall own, build, franchise, manage or operate any full-service Wyndham Hotel within the designated area on Exhibit D, at any time during the Term; it being expressly understood and agreed that hotels other than Wyndham Hotels (e.g. garden hotels or resort hotels) are not subject to the foregoing restriction.

Appears in 1 contract

Samples: Lease Agreement (Hospitality Properties Trust)

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Trade Area Restriction. Neither Tenant nor any of its Affiliated Persons shall own, build, franchise, manage or operate any full-service Wyndham Hotel Garden hotel within the designated area on Exhibit D, at any time during the Term; it being expressly understood and agreed that hotels other than Wyndham Hotels Garden hotels (e.g. garden full service hotels or resort hotels) are not subject to the foregoing restriction.

Appears in 1 contract

Samples: Lease Agreement (Wyndham Hotel Corp)

Trade Area Restriction. Neither Tenant nor any of its ---------------------- Affiliated Persons shall own, build, franchise, manage or operate any full-service Wyndham Hotel Garden hotel within the designated area on Exhibit D, at any time during the --------- Term; it being expressly understood and agreed that hotels other than Wyndham Hotels Garden hotels (e.g. garden full service hotels or resort hotels) are not subject to the foregoing restriction.

Appears in 1 contract

Samples: Lease Agreement (Hospitality Properties Trust)

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Trade Area Restriction. Neither Tenant nor any of its Affiliated Persons shall own, build, franchise, manage or operate any full-full- service Wyndham Hotel within the designated area on Exhibit D, at any time during the Term; it being expressly understood and agreed that hotels other than Wyndham Hotels (e.g. garden hotels or resort hotels) are not subject to the foregoing restriction.

Appears in 1 contract

Samples: Lease Agreement (Wyndham Hotel Corp)

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