Mutual exclusivity clause sampleMutual Exclusivity Agreement • October 27th, 2020
Contract Type FiledOctober 27th, 2020printer-friendly Mutual Exclusivity Agreement - Ashford Hospitality LP, Ashford Hospitality Trust Inc., Remington Hotel Corp., Remington Accommodation & Hospitality LP, Archie Bennett Jr. and Montgomery J. Bennett reciprocal exclusivity agreement for this reciprocal exclusivity agreement (this agreement) will be made as the , 2003 (effective date) by and between ASHFORD HOSPITALITY LIMITED LIABILITY COMPANY, the Delaware Limited Liability Company (the PARTNERSHIP), ASHFORD HOSPITALITY TRUST , INC., a Maryland company (REIT), REMINGTON HOTEL CORPORATION, a Texas company (RHC), and RemINGTON LODGING & HOSPITALITY, L.P., the Delaware Limited Partnership (MANAGER), and Archie BENNETT, JR. and MONTGOMERY J. BENNETT agree and agree to Remington Affiliates. The parties enter into this Agreement on the basis of the following facts, understandings and intentions: A. Prior to this date, the Remington Parties were actively involved in various aspects of the acquisition, development, renov