Hospitality Assets definition

Hospitality Assets means:
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Hospitality Assets means those assets listed on Annex A to the Spin Off Term Sheet, "Hospitality Business" shall mean the business conducted with the Hospitality Assets and "Post-September 1 Hospitality Business" shall mean the Hospitality Business conducted from and after September 1, 1997;
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Hospitality Assets means each of the assets included in the definition of Hospitality Assets under the Purchase Agreement.
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Examples of Hospitality Assets in a sentence

  • Real Estate – Hospitality Assets Hospitality operating assets within our real estate operations are classified as PP&E and are accounted for using the revaluation method.

  • Xxxxxx, Greece Attention: Dimitra Kontogogou Email: dxxx@xxxxxx.xx and Hospitality Assets Corp.

  • The Borrower agrees that the prepayment required under this Section shall occur (to the extent permitted under the PW Debt) no later than the later of (A) ten days after such sale of any such Hospitality Assets is consummated or (B) the date allowed under the PW Debt.

  • BAI hereby agrees that the Hospitality Assets specifically includes its rights, title and interest as franchisee under the Franchise Agreements.

  • Except as otherwise permitted by Section 7.3 or under the PW Debt in connection with condemnation or casualty, maintain, keep and preserve, and cause each of its Subsidiaries to maintain, keep and preserve, all of its properties (tangible and intangible) necessary or useful in the proper conduct of its business, including, without limitation, the Hospitality Assets, in good working order and condition, ordinary wear and tear excepted.

  • This Agreement and the Exhibits and Schedules hereto, together with the Purchase Agreement, constitute the entire agreement between the parties hereto with respect to the Closing and transfer of interests in the Hospitality Assets.

  • At Closing, Sellers shall execute or cause to be executed and delivered such affidavits and other documents and instruments, and shall make such deposits with Title Insurer as shall be requested by Title Insurer (x) to remove the exception in the title policies relating to Hospitality Units for "rights of parties in possession" and (y) to evidence Sellers' authority to convey the Hospitality Assets, or (z) to remove any exceptions to title which Sellers are obligated to remove pursuant to this Agreement.

  • Keep, and cause each of its Subsidiaries to keep, adequate records and books of account, in which entries will be made in accordance with GAAP, reflecting all financial transactions of the Borrower and its Subsidiaries; provided, however, that if the manager of the Hospitality Assets is an affiliate of the Lender, the Borrower shall not be responsible for any breach of this covenant.

  • BAI is, at the Closing, conveying to OPCO and REALCO the Hospitality Assets.

  • Engage in or permit any of its Subsidiaries to engage in, directly or indirectly, any other business or activity other than the ownership and operation of the Hospitality Assets.

Related to Hospitality Assets

  • Hospitality means the considerate care of guests, which may include refreshments, accommodation and entertainment at a restaurant, hotel, club, resort, convention, concert, sporting event or other venue such as Company offices, with or without the personal presence of the host. Provision of travel may also be included, as may other services such as provision of guides, attendants and escorts; use of facilities such as a spa, golf course or ski resort with equipment included;

  • Hospitality Package means any official hospitality package created by MATCH Hospitality comprising a Ticket and certain Match-day hospitality benefits and services to be provided at any Hospitality Facility in connection with the FIFA World Cup Qatar 2022™. Hospitality Packages do not include services or benefits provided other than at a Hospitality Facility, such as (without limitation) ground transportation, air travel or overnight accommodation services.

  • Health Care Operations shall have the meaning given to such term under the HIPAA 2 Privacy Rule in 45 CFR § 164.501.

  • Business operations means engaging in commerce in any form, including by acquiring, developing, maintaining, owning, selling, possessing, leasing, or operating equipment, facilities, personnel, products, services, personal property, real property, or any other apparatus of business or commerce.

  • Real Estate Business means homebuilding, housing construction, real estate development or construction and related real estate activities, including the provision of mortgage financing or title insurance.

  • Cannabis business means any business activity involving cannabis, including but not limited to cultivating, transporting, distributing, manufacturing, compounding, converting, processing, preparing, storing, packaging, delivering, testing, dispensing, retailing and wholesaling of cannabis, of cannabis products or of ancillary products and accessories, whether or not carried on for gain or profit.

  • food business operator means the natural or legal persons responsible for ensuring that the requirements of food law are met within the food business under their control;

  • Centers means the international agricultural and natural resources research centers that are members of the Consortium; and each a “Center”.

  • Affordable housing development means a development included in the Housing Element and Fair Share Plan, and includes, but is not limited to, an inclusionary development, a municipal construction project or a 100 percent affordable development.

  • Active business operations means all business operations that are not inactive business operations.

  • Separate Business means each of the activities of the Licensee connected

  • Ohio Business Gateway means the online computer network system, created under section 125.30 of the Ohio Revised Code, that allows persons to electronically file business reply forms with state agencies and includes any successor electronic filing and payment system.

  • Small Diversity business concern means a small business concern that is at least fifty-one (51) percent unconditionally owned by one or more individuals who are both socially and economically diverse, or a publicly owned business that has at least fifty-one (51) percent of its stock unconditionally owned by one or more socially and economically diverse individuals and that has its management and daily business controlled by one or more such individuals. This term also means a small business concern that is at least fifty-one (51) percent unconditionally owned by an economically diverse Indian tribe or Native Hawaiian Organization, or a publicly owned business that has at least fifty-one (51) percent of its stock unconditionally owned by one of these entities, that has its management and daily business controlled by members of an economically diverse Indian tribe or Native Hawaiian organization.

  • Business Centre means each of the places so specified in the relevant Pricing Supplement.

  • Retail tobacco store means a retail store utilized primarily for the sale of tobacco products and accessories and in which the sale of other products is merely incidental.

  • Restricted business operations means business operations in Sudan that include power production activities, mineral extraction activities, oil-related activities, or the production of military equipment, as those terms are defined in the Sudan Accountability and Divestment Act of 2007 (Pub. L. 110-174). Restricted business operations do not include business operations that the person (as that term is defined in Section 2 of the Sudan Accountability and Divestment Act of 2007) conducting the business can demonstrate—

  • Microenterprise means an enterprise which employs fewer than 10 persons and whose annual turnover and/or annual balance sheet total does not exceed EUR 2 million;

  • Interscholastic Activities means athletic or non-athletic/academic activities where students compete on a school vs. school basis.

  • Retail marijuana store means an entity licensed to purchase Retail Marijuana from a Retail Marijuana Cultivation Facility and to purchase Retail Marijuana Product from a Retail Marijuana Products Manufacturing Facility and to sell Retail Marijuana and Retail Marijuana Product to consumers.

  • Hotel means any establishment used for the purpose of temporary, overnight lodging for which a fee is paid and reservations are required.

  • Affordable development means a housing development all or a portion of which consists of restricted units.

  • Participating Home Infusion Therapy Provider means a Home Infusion Therapy Provider who has a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.