Ashford LLC definition

Ashford LLC means Ashford Hospitality Advisors LLC, a Delaware limited liability company.
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Ashford LLC has the meaning set forth in the introductory paragraph of this Agreement.
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Ashford LLC shall have the meaning set forth in the preamble.
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Examples of Ashford LLC in a sentence

  • For the avoidance of doubt, in determining the amount of Enhanced Return Investments that Ashford LLC has funded or committed as of any time, amounts repaid in respect of previously made Enhanced Return Investments shall not be deducted.

  • All of the hotel properties in our portfolio are currently asset-managed by Ashford LLC.

  • Ashford Trust further desires to transfer, assign and set over unto Ashford LLC, without recourse or warranty except as expressly provided in the Separation and Distribution Agreement, all of such party’s right, title and interest under the Prime Licensing Agreement, and Ashford LLC desires to assume the rights and obligations of Ashford Trust pursuant to the Prime Licensing Agreement.

  • On or prior to the Distribution Date, the Parties shall take all necessary actions to (i) adopt the amended and restated limited liability company agreement of Ashford LLC, as well as each of the amended and restated certificate of incorporation and the amended and restated bylaws of Ashford Inc., each substantially in the forms filed by Ashford Inc.

  • Subject to the terms and conditions of this ERFP Agreement, Ashford LLC agrees to make Enhanced Return Investments pursuant to this ERFP Agreement in an aggregate amount of fifty million dollars ($50,000,000) or, upon the further written agreement of both Ashford LLC and the Operating Partnership, an aggregate amount of up to one hundred million dollars ($100,000,000) (either of the foregoing, as the case may be, the “Aggregate ERFP Amount”).

  • Since inception, the Company has generated asset management fees of $1,475,064, all from American Homeowner Preservation 2015A+, LLC.

  • Rather than approve the Sessa candidates so that their nomination to the board would not trigger the Proxy Penalty, the Ashford Prime board launched a campaign against the Sessa candidates, warning voters that electing them to the board would “allow Ashford LLCto terminate the advisory agreement and require the Company to pay a substantial termination fee to Ashford LLC upon such termination.” See Sessa’s Mot.

  • See id.A few weeks after it opted out of MUTA, the board, with the support of the independent directors, approved the Third Amended and Restated Advisory Agreement (the “TARAA”) between Ashford Prime, Ashford Inc., Ashford LLC, Ashford OP, and Ashford Prime TRS Corporation.

  • Upon expiration of any such rent-free lease, Ashford LLC shall convey the applicable FF&E to the Applicable TRS in exchange for the fair market value thereof, payable in cash by the Applicable TRS.

  • Ashford LLC shall notify the Operating Partnership in writing no later than one week after the Commitment Request Date as to whether the conditions to funding set forth in Section 2.03(a) are satisfied as of the date of Ashford LLC’s notice (in the event such written notice confirms the funding conditions are satisfied as of the date of such notice, the “Confirmation Notice”).

Related to Ashford LLC

  • General partnership means an organization formed under chapters 45-13 through 45-21.

  • GP means Gottbetter & Partners, LLP.

  • General Partner means the Company or its successors as general partner of the Partnership.

  • MLP has the meaning given such term in the introduction to this Agreement.

  • Atlas means Automated Transportation Logistics Activity System. ATLAS is a computerized information system to which all Shippers have access upon request. ATLAS enables Shippers to nominate and release product and to monitor and coordinate the movement of Petroleum Products while on Carrier's system.

  • Operating Partnership has the meaning set forth in the preamble.

  • General Partnership Interest means a Partnership Interest held by the General Partner that is a general partnership interest.

  • Delaware LLC means any limited liability company organized or formed under the laws of the State of Delaware.

  • IDR means Interval Data Recorder.

  • ETP means Energy Transfer Partners, L.P., a Delaware limited partnership.

  • GP LLC means Plains All American GP LLC, a Delaware limited liability company.

  • Wp means Watt Peak.

  • TRS means a taxable REIT subsidiary (as defined in Section 856(l) of the Code) of the General Partner.

  • LP means the aggregate quantity of Lost Production during such Month (expressed in MWh) and

  • MLP Partnership Agreement means the Amended and Restated Agreement of Limited Partnership of the MLP, as amended or restated from time to time.

  • General Partners means all such Persons.

  • EXCO means EXCO Resources, Inc., a Texas corporation.

  • REIT means a real estate investment trust under Sections 856 through 860 of the Code.

  • Holdco has the meaning set forth in the Preamble.

  • Partnership has the meaning set forth in the preamble of this Agreement.

  • Constellation has the meaning assigned to that term in the Recitals.

  • Partnership Subsidiary means Host LP and any partnership, limited liability company, or other entity treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes in which either Host REIT or Host LP owns (or owned on or after January 1, 1999) an interest, either directly or through one or more other partnerships, limited liability companies or other entities treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes (whether or not Host REIT or Host LP has a controlling interest in, or otherwise has the ability to control or direct the operation of, such entity). Notwithstanding the foregoing, the term “Partnership Subsidiary” shall not in any way be deemed to include the Non-Controlled Subsidiaries or subsidiaries thereof, the Taxable REIT Subsidiaries or subsidiaries thereof, or the Subsidiary REITs or subsidiaries thereof.

  • General Partner Unit means a fractional part of the General Partner Interest having the rights and obligations specified with respect to the General Partner Interest. A General Partner Unit is not a Unit.

  • Limited Partnership Interest means the ownership interest of a Limited Partner in the Partnership at any particular time, including the right of such Limited Partner to any and all benefits to which such Limited Partner may be entitled as provided in this Agreement and in the Act, together with the obligations of such Limited Partner to comply with all the provisions of this Agreement and of the Act.

  • Managing entity means the managing agent or, if there is no managing agent, the time-share

  • Comcast means Comcast Corporation, a Pennsylvania corporation.