Existing Franchise Agreement means that certain franchise license agreement between the Seller and the Franchisor, granting to Seller a franchise to operate the Hotel under the Brand.
Operating Lease means, as applied to any Person, any lease (including, without limitation, leases which may be terminated by the lessee at any time) of any Property (whether real, personal or mixed) which is not a Capital Lease other than any such lease in which that Person is the lessor.
Redevelopment Agreement means an agreement between the
Equipment Lease means a Contract for the lease of Equipment or for the purchase of Equipment under a conditional sales or title retention agreement.
Franchise Agreement or “Agreement” shall mean this Agreement and any amendments or modifications hereto.
JV Agreement each partnership or limited liability company agreement (or similar agreement) between a North American Group Member or one of its Subsidiaries and the relevant JV Partner as the same may be amended, restated, supplemented or otherwise modified from time to time, in accordance with the terms hereof.
Major project means a project comprising of a series of works, activities or services which is intended, in itself, to accomplish a definite and indivisible task of a precise economic or technical nature, which has clearly identified goals and whose total cost exceeds that which is specified in the Framework Agreement;
Equipment Leases shall have the meaning set forth in Section 2.1(b) hereof.
Development Agreements means all development, utility or similar agreements included in the Permitted Encumbrances.
New Franchise Agreement means the franchise license agreement to be entered into between Buyer and the Franchisor, granting to Buyer a franchise to operate the Hotel under the Brand on and after the Closing Date.
Development Agreement has the meaning set forth in the Recitals.
Property Management Agreement means any Property Management Agreement between the Company and the Property Manager.
Maintenance agreement means a contract of limited duration
Home improvement contract means an oral or written
Management Agreement means the agreement to be entered into between the Borrower and the Manager providing for the ship management and crewing services of the Vessel, such agreement to be in the form and on the terms and conditions required by the Agent;
Financing Lease means any lease of property, real or personal, the obligations of the lessee in respect of which are required in accordance with GAAP to be capitalized on a balance sheet of the lessee.
Redevelopment Contract means this redevelopment contract between the Authority and Redeveloper with respect to the Project.
End User License Agreement means a license grant or end user license agreement governing software as further described in this Agreement or any applicable Appendix.