Common use of Transfers Not Involving Competitors Clause in Contracts

Transfers Not Involving Competitors. of the Franchise Agreement shall apply hereunder to any Transfer of the Hotel, any ownership interest in the Hotel, this Agreement or the Operating Agreement, or of a direct or indirect ownership interest in Owner (including any controlling (greater than 15%) interest in any entity that controls Owner, but excluding interests of limited partners, if any) as if Owner were a party thereto; any such Transfer(s) by Owner as described above shall be made only in strict compliance with said Section XV as the context requires.

Transfers Not Involving Competitors. of the Franchise Agreement shall apply hereunder to any Transfer of the Hotel, any ownership interest in the Hotel, this Agreement or the Operating Agreement, or of a direct or indirect ownership interest in Owner (including any controlling (greater than 15%) interest in any entity that controls Owner, but excluding interests of limited partners, if any) as if Owner were a party thereto; any such Transfer(s) by Owner as described above shall be made only in strict compliance with said Section XV as the context requires.

Transfers Not Involving Competitors. of the Franchise Agreement shall will apply hereunder to any Transfer of the Hotel, any ownership interest Ownership Interest in the Hotel, the Owner, this Agreement or the Operating AgreementLease, or a change of a direct or indirect ownership interest Control in Owner (including any controlling (greater than 15%) interest in any entity that controls Owner, but excluding interests of limited partnersFranchisee or Owner, if any) as if Owner were a party thereto; any such Transfer(s) by Owner as described above shall will be made only in strict compliance with said Section XV 17 as the context requires.

Transfers Not Involving Competitors. of the Franchise Agreement shall will apply hereunder to any Transfer of the Hotel, any ownership interest Ownership Interest in the Hotel, Owner, this Agreement or the Operating AgreementLease, or a change of a direct or indirect ownership interest Control in Owner (including any controlling (greater than 15%) interest in any entity or an Affiliate that controls directly or indirectly Controls Owner, but excluding interests of limited partners, if any) as if Owner were a party thereto; any such Transfer(s) by Owner as described above shall will be made only in strict compliance with said Section XV 17 as the context requires.

Transfers Not Involving Competitors. of the Franchise Agreement shall will apply hereunder to any Transfer of the Hotel, any ownership interest Ownership Interest in the Hotel, the Owner, this Agreement or the Operating AgreementLease, or a change of a direct or indirect ownership interest Control in Owner (including any controlling (greater than 15%) interest in any entity that controls Owner, but excluding interests of limited partnersFranchisee or Owner, if any) as if Owner were a party thereto; any such Transfer(s) by Owner as described above shall will be made only in strict compliance with said Section XV 17 as the context requires.. 574369v2 – Charlotte/Matthews, NC Xxxxxxxxx Xxx & Xxxxxx 000000x0 (03/31/2010) 3/16/2011

Transfers Not Involving Competitors. Section 17 of the Franchise Agreement shall will apply hereunder to any Transfer of the Hotel, any ownership interest Ownership Interest in the Hotel, Owner, this Agreement or the Operating AgreementLease, or a change of a direct or indirect ownership interest Control in Owner (including any controlling (greater than 15%) interest in any entity or an Affiliate that controls directly or indirectly Controls Owner, but excluding interests of limited partners, if any) as if Owner were a party thereto; any such Transfer(s) by Owner as described above shall will be made only in strict compliance with said Section XV 17 as the context requires.