Hotel Lessees definition

Hotel Lessees means each of the lessees under the Hotel Lease Agreements. “Initial Nominal Amount” has the meaning ascribed to the term in Clause 2.3.
Sample 1Sample 2Sample 3
Hotel Lessees means each of the lessees under the Hotel Lease Agreements.
Sample 1Sample 2

Examples of Hotel Lessees in a sentence

  • Hotel Master Management Agreement by and between Hotel Lessees (defined therein) and Remington Lodging & Hospitality, LLC, dated March 10, 2011 Assignment and Subordination of Management Agreements by the Assignee (as therein defined) in favor of Xxxxx Fargo Bank, National Association and Barclays Capital Real Estate Inc.

  • Hotel Master Management Agreement by and between Hotel Lessees (defined therein) and Remington Lodging & Hospitality, LLC, dated March , 2011 Assignment and Subordination of Management Agreements by the Assignee (as therein defined) in favor of Xxxxx Fargo Bank, National Association and Barclays Capital Real Estate Inc.

  • The Hotel Manager will manage the business and affairs of its respective Hotel in compliance with the then current Budget approved by the respective Hotel Lessees and the terms of the applicable Management Agreement.

  • Borrower is not a party to any Leases other than the Marquis Lease and Leases that have been assigned by Borrower to the Hotel Lessees.

  • The Hotel Manager will manage the business and affairs of its respective Hotel in compliance with the then current business plan and budget 36 approved by the respective Hotel Lessees and the terms of the applicable Hotel Management Agreement.

  • The Hotel Manager will manage the business and affairs of its respective Hotel in compliance with the then current business plan and budget approved by the respective Hotel Lessees and the terms of the applicable Hotel Management Agreement.

  • PROVIDED, that if a licensee shall order any item in full case lots and the Wholesaler does not have in inventory such item in full case lots, no bottle handling charge may be assessed to the licensee for the partial case.

  • The Denihan Member and the PB Member agree (on behalf of themselves and the Company and the Hotel Manager) that, notwithstanding the terms of each Hotel Management Agreement, for so long as more than one Hotel is leased to the Hotel Lessees and managed by the Hotel Manager or any Affiliate of the Xxxxxxx Member, the Incentive Management Fee shall be determined on a portfolio-wide basis.

Related to Hotel Lessees

  • Sub-Lessee means a lease/license by a Lessee of part or all of leased space to another person.

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

  • Property management means leasing or renting, or offering to lease or rent, real property of others for a fee, commission, compensation, or other valuable consideration pursuant to a property management employment contract.

  • 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.

  • Franchisor means a person who grants a franchise or master franchise, or an affiliate of such a person. Franchisor includes a subfranchisor with regard to its relationship with a franchisee, unless stated otherwise in this section.