Examples of Hotel Documents in a sentence
Borrower shall timely perform and comply with all of its obligations under the Hotel Documents and all other agreements with Hotel Operator, Starwood Hotels & Resorts Worldwide, Inc., and their affiliates with respect to the Hotel, and shall keep all such agreements in full force and effect.
Borrower shall not agree to or implement any Change Order without the prior written consent of Hotel Operator (or its Affiliate) where such approval is required under any of the Hotel Documents.
That certain Assignment of Hotel Documents collaterally assigning Borrower’s interests in the Hotel Documents (and related documents) to Lender.
Borrower shall have provided to Lender the executed Hotel Documents, Non-Disturbance Agreement and estoppel letters addressed to Lender with respect to the Hotel Documents, and all of the foregoing must be in form and substance reasonably satisfactory to Lender.
Within 30 days of Administrative Agent's request, Borrower shall deliver to Administrative Agent Hotel Documents (to the extent not already delivered) for any Hotel indicated by Administrative Agent.
The Credit Parties will promptly notify the Administrative Agent in writing upon becoming aware thereof, of any inquiry, proceeding, investigation, or other action, including a written notice from any franchisor or any of its agents or Affiliates which has the potential to result in a termination or cancellation of any of the Hotel Documents.
The Property Parties and their respective Subsidiaries, if applicable, are not in material violation of any provision of the Hotel Documents and the Hotel Documents are in full force and effect and the and their respective Subsidiaries, if applicable, are in material compliance with their respective obligations under the respective Hotel Documents.
Hotel Documents...............................................................................
Enter into or suffer to exist any --------------- agreement prohibiting or conditioning the creation or assumption of any Lien upon any of its property or assets other than any such agreement in favor of the Agent and the Lenders and the Connecticut Hotel Documents.
The execution and delivery of this Agreement, the other Loan Documents and the Hotel Documents to which any of the Property Parties is a party are valid and legally binding obligations of each Property Party enforceable in accordance with the respective terms and provisions hereof and thereof, except as enforceability is limited by bankruptcy, insolvency, reorganization, moratorium or other laws relating to or affecting generally the enforcement of creditors’ rights and general principles of equity.