Assignment of Hotel Management Agreement definition

Assignment of Hotel Management Agreement means the document in which Seller shall assign to Buyer and Buyer shall assume all of Seller’s obligations to the Hotel Manager under the Hotel Management Agreement, substantively in the form of Exhibit “1-C” attached hereto.
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Assignment of Hotel Management Agreement means that certain Assignment of Management Agreements and Subordination of Management Fees, dated as of the Closing Date, as may be Modified from time to time, by and among Metroflag BP, LLC, a Nevada limited liability company, WW Lodging Limited LLC, a Delaware limited liability company, and Credit Suisse, as Administrative Agent and as Collateral Agent.
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Assignment of Hotel Management Agreement means that certain Assignment of Hotel Management Agreement, dated as of the date hereof, from FF&E Subsidiary and King’s Village Subsidiary to Lender, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.
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Examples of Assignment of Hotel Management Agreement in a sentence

  • Original, fully executed Assignment of Management Agreements and Assignment of Hotel Management Agreement, in each case, in form and substance satisfactory to the Administrative Agent.

  • Hotel Manager’s consent to the sale of the Property as contemplated under this Agreement, including to the parties execution of the Assignment of Hotel Management Agreement or the execution of a new management agreement as described above in this subsection (a), is collectively referred to as the “Marriott Consent”.

  • Upon Closing, Buyer shall assume the obligations of Seller under the Hotel Management Agreement accruing on and after the Closing Date, strictly in accordance with and subject to the terms and conditions of the Hotel Management Agreement and pursuant to the Assignment of Hotel Management Agreement.

  • Assignor has executed this Assignment of Hotel Management Agreement and Hotel Reserve Account as of the date first above written.

  • UNITE HERE Local 30 shall have not objected under Side Letter of Agreement Regarding Ownership Successorship between KenCal Operating LLC (signed July 15, 2009) and UNITE HERE Local 30 (signed July 30, 2009) (the “Union Side Letter”) to the written assumption by Buyer of the obligations, if any, of Seller under the Union Side Letter as provided in Section 3 of the Assignment of Hotel Management Agreement.


More Definitions of Assignment of Hotel Management Agreement

Assignment of Hotel Management Agreement means that certain Assignment of Hotel Management Agreement and Subordination of Hotel Management Fees, dated as of the Modification Date, among Borrower, Hotel Lessee, Hotel Manager and Administrative Agent, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.
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Assignment of Hotel Management Agreement shall have the meaning assigned thereto in Section 4.5(a).
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Related to Assignment of Hotel Management Agreement

  • Assignment of Management Agreement means the Assignment of Management Agreement and Subordination of Management Fees, dated the same date as this Loan Agreement, among Borrower, Lender and Property Manager, including all schedules, riders, allonges and addenda, as such Assignment of Management Agreement may be amended from time to time, and any future Assignment of Management Agreement and Subordination of Management Fees executed in accordance with Section 6.09(d).

  • Hotel Management Agreement means any hotel management agreement relating to the management and operation of the Real Property together with all supplements, amendments and modifications thereto.

  • Property Management Agreement means that certain management agreement between the Company and the Property Manager with respect to the management of the Property.

  • Assignment Agreements The following Assignment, Assumption and Recognition Agreements, each dated as of March 29, 2006, whereby certain Servicing Agreements solely with respect to the related Mortgage Loans were assigned to the Depositor for the benefit of the Certificateholders:

  • Assignment of Recognition Agreement With respect to a Cooperative Loan, an assignment of the Recognition Agreement sufficient under the laws of the jurisdiction wherein the related Cooperative Unit is located to reflect the assignment of such Recognition Agreement.

  • Assignment of Agreements means that certain Assignment of Agreements, Licenses, Permits and Contracts, dated as of the date hereof, from Borrower, as assignor, to Lender, as assignee.

  • Collateral Assignment Agreement has the meaning set forth in Section 10.05.

  • Asset Management Agreement means, as the context requires, any agreement entered into between a Series and an Asset Manager pursuant to which such Asset Manager is appointed as manager of the relevant Series Assets, as amended from time to time.

  • Collateral Management Agreement The agreement dated as of the Closing Date, between the Issuer and the Collateral Manager relating to the management of the Collateral Obligations and the other Assets by the Collateral Manager on behalf of the Issuer, as amended from time to time in accordance with the terms thereof.

  • Easement Agreement means any conditions, covenants, restrictions, easements, declarations, licenses and other agreements listed as Permitted Encumbrances or as may hereafter affect the Leased Premises.

  • industrial agreement means an agreement registered by the Commission under this Act as an industrial agreement;

  • Trademark Assignment Agreement has the meaning set forth in Section 2.01.

  • IP Assignment Agreement has the meaning set forth in Section 3.2(a)(iii).

  • Assignment of Contracts shall have the meaning provided in Section 5.07.

  • Management Fee Subordination Agreement means that certain Amended and Restated Management Fee Subordination Agreement, dated as of the Closing Date, by and between the Sponsor and Agent and acknowledged by the Borrower.

  • Consent Agreement means this Consent Agreement, duly signed and concluded between the Commission and the Respondent, as contemplated in section 40(1) of the Act.

  • Existing Management Agreement means that certain management agreement between the Seller and the Existing Manager for the operation and management of the Hotel.

  • Qualified assignment agreement means an agreement providing for a qualified assignment within the meaning of section 130 of the Internal Revenue Code.

  • Assignment and Conveyance Agreement As defined in Subsection 6.01.

  • New Management Agreement means the management agreement to be entered into between Buyer and the Manager for the operation and management of the Hotel on and after the Closing Date.

  • Purchase Agreement Assignment means the Purchase Agreement and Engine Warranties Assignment [________], dated as of even date with the Participation Agreement, between Lessee and Owner Trustee.

  • leasing agreement means an agreement by which one person (the lessor) grants a right to possession or control of an object (with or without an option to purchase) to another person (the lessee) in return for a rental or other payment;

  • SCM Agreement means the Agreement on Subsidies and Countervailing Measures in Annex 1A to the WTO Agreement;

  • Patent Assignment Agreement means the Patent Assignment Agreement attached hereto as Exhibit G.

  • Concession Agreement means the Concession Agreement referred to in Recital (A) above and annexed hereto as Annex-A, and shall include all of its Recitals and Schedules and any amendments made thereto in accordance with the provisions contained in this behalf therein;

  • Project Management Agreement means the agreement dated the 20th February 1985 made between the Trustee and the Manager providing for the Manager to manage and co-ordinate the development and construction of the Resort and includes, if that agreement is terminated, any other agreement in like and similar terms made with the prior consent of the Minister;