Common use of Xxxx-Xxxxx-Xxxxxx Filing Clause in Contracts

Xxxx-Xxxxx-Xxxxxx Filing. All of the assets owned by or in which the Company or any of its Affiliates have an interest are hotels or motels, related improvements such as golf, swimming, tennis, restaurant, health club or parking facilities (but excluding ski facilities), and assets incidental to the ownership and operation of hotels or motels (e.g., prepaid taxes or insurance, management contracts and licenses to use trademarks associated with the hotel or motel being acquired), as contemplated by the regulations promulgated under the Xxxx Xxxxx Xxxxxx Act, except that the Company and its Affiliates each may own other assets but the aggregate value thereof is less than $50,000,000.

Xxxx-Xxxxx-Xxxxxx Filing. All of the assets owned by or in which the Company or any of its Affiliates have an a interest are hotels or motels, related improvements such as golf, swimming, tennis, restaurant, health club or parking facilities (but excluding ski facilities), and assets incidental to the ownership and operation of hotels or motels (e.g., prepaid taxes or insurance, management contracts and licenses to use trademarks associated with the hotel or motel being acquired), as contemplated by the regulations promulgated under the Xxxx Xxxxx Xxxxxx Act, except that the Company and its Affiliates each may own other assets but the aggregate value thereof is less than $50,000,000.