Common use of UPGRADING OF THE HOTEL Clause in Contracts

UPGRADING OF THE HOTEL. Licensor may at any time during the License Term require substantial modernization, rehabilitation and other upgrading of the Hotel to meet the then current standards specified in the Manual as long as those standards apply to a majority of the hotels operated by Licensor and its licensees in the same brand or category as the Hotel. Nothing in this paragraph shall be construed to relieve Licensee from the obligation to maintain acceptable product quality ratings at the Hotel and maintain the Hotel in accordance with the Manual at all times during the Agreement. Limited exceptions from those standards may be made by Licensor based on local conditions or special circumstances. If the upgrading requirements contained in this Paragraph 6b cause Licensee undue hardship, Licensee may terminate this Agreement by paying a fee computed according to Paragraph 13f.

Appears in 10 contracts

Samples: License Agreement (Apple Suites Inc), License Agreement (Apple Suites Inc), License Agreement (Apple Suites Inc)

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