Hospitality Property definition

Hospitality Property means a full service or limited service hotel or resort, a condominium or timeshare hotel or resort, an extended stay property, or a conference center, and other facilities incidental to, or in support of such property, including without limitation, restaurants and other food-service facilities, spas, golf facilities or other entertainment facilities or club, conference or meeting facilities and Intellectual Property related thereto; provided that such property shall not include any casino or other gaming property (even if only a part of a Hospitality Property) or senior living property.
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Hospitality Property. Means, hotels, motels, youth hostels, bed and breakfasts and other similar real property interests used in one or more similar businesses;
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Hospitality Property. A real property secured by hospitality space (including mixed-use property) as to which the majority of the underwritten revenue is from hospitality space.
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Examples of Hospitality Property in a sentence

  • Ltd., as manager of ARA US Hospitality Property Trust (“ARA H-REIT”), and ARA Business Trust Management (USH) Pte.

  • The Tsogo Sun Group’s 59.2% interest in Hospitality Property Fund Limited (“HPF”) held by THL will remain owned and consolidated by THL.

  • Notwithstanding anything in this Agreement or any other Credit Document to the contrary, except in connection with the release of Liens on an Owned Hospitality Property contemplated by the provisions of Section 5.09, each payment of any Advance pursuant to this Section 2.07 or any other provision of this Agreement shall be made in a manner such that all Advances secured by a Lien on an Owned Hospitality Property shall be deemed the last Advances repaid.

  • This has been given to the directors of Hospitality Property Fund Limited and will be made available for inspection.

  • ARA US Hospitality Trust is a stapled group comprising ARA US Hospitality Property Trust (“ARA H-REIT”) and its subsidiaries (the “ARA H-REIT Group”) and ARA US Hospitality Management Trust (“ARA H-BT”) and its subsidiaries (the “ARA H-BT Group”) (collectively, “ARA H-Trust” or the “Stapled Group”).

  • With respect to the Owned Hospitality Properties set forth on Schedule 4.21, the Borrower, the Parent or its Subsidiaries, as applicable, has good and marketable fee simple title to such Owned Hospitality Property, free and clear of all Liens other than the Permitted Encumbrances.

  • The following Property Broadening Endorsements offer the ability to amend this Coverage Limit: Hospitality Property Broadening EndorsementAssisted Living and Nursing Home Property Broadening Endorsement Human Services Property Broadening EndorsementSports and Fitness Property Broadening Endorsement Cultural Institutions Property Broadening Endorsement Educational Institutions Property Broadening Endorsement Eldercare Property Broadening EndorsementMedical Facilities Property Broadening Endorsement 4.

  • None of the Permitted Encumbrances has a Material Adverse Change or otherwise materially interferes with the current or intended use or operation of any Owned Hospitality Property or materially impairs the value of any Owned Hospitality Property.

  • The following Property Broadening Endorsements offer the ability to amend this Coverage Limit: Condominium Property Broadening EndorsementReal Estate Property Broadening Endorsement Hospitality Property Broadening Endorsement 3.

  • Ltd., as manager (the “REIT Manager”) of ARA US Hospitality Property Trust and ARA Business Trust Management (USH) Pte.


More Definitions of Hospitality Property

Hospitality Property means a real estate development the primary usage of which is as a hotel or motel with individual rooms principally for short-term rental to tenants occupying same.
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Hospitality Property meaning as hotel or resort property;
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Related to Hospitality Property

  • Community property means that property of a husband and wife

  • University property means premises owned, controlled or occupied by the University in the UK which are made available for use by the Supplier or its sub-contractors for provision of the Services (or any of them) on the terms set out in this Contract or any separate agreement or licence.

  • 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;

  • railway property means any railway belonging to Network Rail and—

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

  • City Property means any real property owned by City, whether in fee or other ownership estate of interest.

  • Association Property means that property, real and personal, which is owned or leased by, or is dedicated by a recorded plat to, the association for the use and benefit of its members.

  • Company Properties shall have the meaning set forth in Section 4.15.1.

  • Commercial real estate means real estate or an interest in real estate that is not any of the following:

  • Shopping Center means the Shopping Center identified on the initial page hereof.

  • Real Estate means all Leases and all land, together with the buildings, structures, parking areas, and other improvements thereon, now or hereafter owned by any Loan Party, including all easements, rights-of-way, and similar rights relating thereto and all leases, tenancies, and occupancies thereof.

  • Hotels means the hotel properties described in Exhibit A hereto, as it may be amended from time to time by mutual agreement of Lessee and Operator to add hotel properties or to delete hotel properties as a result of termination of this Agreement with respect to one or more hotel properties pursuant to the termination provisions set forth in this Agreement. “Hotel” shall mean any hotel set forth on Exhibit A as it may be amended from time to time.

  • Leased Real Estate means all leasehold or subleasehold estates and other rights to use or occupy any land, buildings, structures, improvements, fixtures, or other interest in real property held by the Company or any of its Subsidiaries.

  • 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.

  • Property Owner Association Property means, for each Fiscal Year, any property within the boundaries of IA No. 1 that was owned by a property owner association, including any master or sub-association, as of January 1 of the prior Fiscal Year.

  • Real Estate-Related Assets means any investments by the Company or the Operating Partnership in Mortgages and Real Estate-Related Securities.

  • Environmental Infrastructure System means the Environmental Infrastructure Facilities of the Borrower, including the Project, for which the Borrower is receiving the Loan.

  • Infrastructure Improvements means a street, road, sidewalk, parking facility, pedestrian mall, alley, bridge, sewer, sewage treatment plant, property designed to reduce, eliminate, or prevent the spread of identified soil or groundwater contamination, drainage system, waterway, waterline, water storage facility, rail line, utility line or pipeline, transit-oriented development, transit-oriented property, or other similar or related structure or improvement, together with necessary easements for the structure or improvement, owned or used by a public agency or functionally connected to similar or supporting property owned or used by a public agency, or designed and dedicated to use by, for the benefit of, or for the protection of the health, welfare, or safety of the public generally, whether or not used by a single business entity, provided that any road, street, or bridge shall be continuously open to public access and that other property shall be located in public easements or rights-of-way and sized to accommodate reasonably foreseeable development of eligible property in adjoining areas. Infrastructure improvements also include 1 or more of the following whether publicly or privately owned or operated or located on public or private property:

  • Youth center means any public or private facility that is primarily used to host recreational or social activities for minors, including, but not limited to, private youth membership organizations or clubs, social service teenage club facilities, video arcades, or similar amusement park facilities.

  • Recycling center means an establishment, place of business, facility or building which is maintained, operated, or used for the storing, keeping, buying, or selling of newspaper or used food or beverage containers or plastic containers for the purpose of converting such items into a usable product.

  • Cooperative Property The real property and improvements owned by the Cooperative Corporation, including the allocation of individual dwelling units to the holders of the Coop Shares of the Cooperative Corporation.

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

  • Residential real estate means any real property located in this state, upon which is constructed or intended to be constructed a dwelling;

  • apartment building means a residential use building, or the residential use portion of a mixed-use building, other than a townhouse or stacked townhouse containing four or more dwelling units each of which shall have access to above grade common halls, stairs, elevators, and yards;

  • Partnership Property means any property, real, personal or mixed, or any interest therein or appurtenant thereto which may be owned or acquired by the Partnership.

  • Common Properties means and refer to those areas of land shown on any recorded subdivision plat of The Properties and intended to be devoted to the common use and enjoyment of the owners of The Properties.