Hotel Licenses definition

Hotel Licenses as defined in Section 4.3(b).
Sample 1Sample 2Sample 3
Hotel Licenses as defined in Section 4.3(b). “Hotel Property”: Real Property owned or leased by a Subsidiary, on which there is located an operating hotel. “IBA”: as defined in Section 2.15(a). “Improvements”: any Subsidiary’s interest in and to all on site and off site improvements to the Hotel Properties, together with all fixtures, Tenant improvements, and appurtenances now or later to be located on the Hotel Properties or in such improvements. “Incremental Amendment”: as defined in Section 2.23(c)(ii). “Incremental Facilitiesy”: as defined in Section 2.23(a). “Incremental Term Loan Facilityies”: as defined in Section 2.23(a). “Incremental Term Loan Facility Notice”: each notice delivered by the Borrower to the Administrative Agent pursuant to Section 2.23 requesting an Incremental Term Loan Facility. “Incremental Term Loans”: as defined in Section 2.23(a). “Indebtedness”: of any Person at any date, without duplication, (a) all indebtedness of such Person for borrowed money, (b) all obligations of such Person for the deferred purchase price of Property (excluding any obligations under a contract to purchase Property that has not been consummated) or services (other than trade payables incurred in the ordinary course of such Person’s business), (c) all obligations of such Person evidenced by notes, bonds, debentures or other similar instruments, (d) all indebtedness created or arising under any conditional sale or other title retention agreement with respect to Property acquired by such Person (even though the rights and remedies of the seller or lender under such agreement in the event of default are limited to repossession or sale of such Property), (e) all Capital Lease Obligations of such Person, (f) all obligations of such Person, contingent or otherwise, as an account party or applicant under acceptance, letter of credit, surety bond or similar facilities, (g) all obligations of such Person, contingent or otherwise, to purchase, redeem, retire or
Sample 1
Hotel Licenses as defined in Section 4.3(b). “Hotel Property”: Real Property owned or leased by a Subsidiary, on which there is located an operating hotel. “Improvements”: any Subsidiary’s interest in and to all on site and off site improvements to the Hotel Properties, together with all fixtures, Tenant improvements, and appurtenances now or later to be located on the Hotel Properties or in such improvements. “Incremental Amendment”: as defined in Section 2.23(c)(ii). “Incremental Term Loan Facilities”: as defined in Section 2.23(a). “Incremental Term Loan Facility Notice”: each notice delivered by the Borrower to the Administrative Agent pursuant to Section 2.23 requesting an Incremental Term Loan Facility. “Incremental Term Loans”: as defined in Section 2.23(a).
Sample 1

Examples of Hotel Licenses in a sentence

  • To the extent not previously delivered on or prior to the Effective Date, the Administrative Agent shall have received for each Initial Borrowing Base Property copies of all Hotel Licenses, including all liquor and hospitality licenses.

  • Each Group Member is in compliance in all material respects with all Hotel Licenses, and no event (including, without limitation, any material violation of any law, rule or regulation) has occurred which would reasonably likely lead to the revocation or termination of any Hotel License or the imposition of any material restriction thereon.

  • Manager agrees to use all reasonable efforts within its control to comply with any conditions or requirements set out in or imposed by law in connection with any Hotel Licenses and Permits, for so long as the expense of such compliance shall be paid for by Owner.

  • The Hotel Licenses listed on Schedule 4.3(b) constitute all Hotel Licenses of the Borrowing Base Group Members.

  • The Administrative Agent shall have received for each Initial Borrowing Base Property copies of all Hotel Licenses, including all liquor and hospitality licenses.

Related to Hotel Licenses

  • Governmental Licenses has the meaning set forth in Section 4.3.

  • Business Licenses has the meaning ascribed to it in Section 1.01(a)(x).

  • Reciprocal license means the issuance of an Iowa license to practice barbering to an applicant who is currently licensed in another state and which state has a mutual agreement to license persons who have the same or similar qualifications to those required in Iowa.

  • Retail license means one of the following licenses issued under this title:

  • Material License has the meaning assigned to such term in Section 7.15.

  • Permits and Licenses means any approval, consent, license, permit, waiver, exception, variance or other authorization issued, granted, given, or otherwise made available by or under the authority of a government or governmental agency or under any applicable law, regulation, rule or order.

  • Licenses and Permits means, collectively, all of Seller’s right, title and interest, to the extent assignable, in and to licenses, permits, certificates of occupancy, approvals, dedications, subdivision maps and entitlements now or hereafter issued, approved or granted by the Authorities in connection with the Real Property and the Improvements, together with all renewals and modifications thereof.

  • Professional license means any license, permit, certificate, registration, qualification, admission, temporary license, temporary permit, temporary certificate, or temporary registration that is described in divisions (W)(1) to (37) of this section and that qualifies a person as a professionally licensed person.

  • Initial license means the first permanent license granted to a qualified individual.

  • Commercial License means any license issued to an individual or entity that is not a patient, caregiver, or transporter agent.

  • Perpetual License means a license which is everlasting and valid if the software is being used in accordance with the license-agreement requirements.

  • Provisional license means a nonrenewable license issued by the Board of Education for a specified

  • Original license means a motor vehicle dealer license issued to an applicant who has never been

  • Licenses means all licenses, permits, certificates of authority, authorizations, approvals, registrations, franchises, and similar consents granted or issued by any Person and are associated with or necessary to operate the Company and/or used in connection with the Business.

  • FCC Licenses means a License issued or granted by the FCC.

  • Business License means a license issued by the Department to a medical marijuana dispensary, grower, processor, testing laboratory, or transporter.

  • Governmental Permits has the meaning specified in Section 5.8.

  • Environmental Licence means any Authorisation required at any time under Environmental Law.

  • Parent Permits has the meaning set forth in Section 4.1.

  • Governmental Approvals means all authorizations, consents, approvals, licenses and exemptions of, registrations and filings with, and reports to, all Governmental Authorities.

  • Company Permits has the meaning set forth in Section 3.12(a).

  • Local licensing authority means the governing body of a municipality or city and county, the board of county commissioners of a county, or any authority designated by municipal or county charter, municipal ordinance, or county resolution.

  • Intellectual Property Licenses means all licenses, sublicenses and other agreements by or through which other Persons, including Seller’s Affiliates, grant Seller exclusive or non-exclusive rights or interests in or to any Intellectual Property that is used in or necessary for the conduct of the Business as currently conducted.