Hotel Real Property definition

Hotel Real Property means Real Property that operates or is intended to be operated as a hotel, motel or other lodging for transient use of rooms or is a structure from which a hotel, motel or other lodging for transient use of rooms is operated or intended to be operated.
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Hotel Real Property means (x) each Real Property constituting an all-inclusive hotel resort owned, operated, managed and/or developed by a Restricted Subsidiary of the Borrower and (y) any undeveloped Real Property acquired by a Restricted Subsidiary of the Borrower, for which such Restricted Subsidiary has entered into a definitive agreement to develop such Real Property and construct an all-inclusive hotel resort and the purchase price, construction costs and other expenditures in respect thereof are in excess of $10,000,000.
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Hotel Real Property means any real property (and related assets) and the improvements thereto that is or is intended to be used in connection with the Business of the Consolidated Group.
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Examples of Hotel Real Property in a sentence

  • Subject to Section 5.17, as to any Material Hotel Real Property located in Italy, the Administrative Agent shall have received (i) a notarial report including, inter alia, reports on title with respect to such Material Hotel Real Property showing no Liens thereon (other than Liens permitted by Section 6.02), and (ii) all relevant hotel licenses.

  • Any Mortgagee’s interest in the Hotel, Real Property and other assets of Lessee or Lessee that comprise the Hotel shall be senior to the rights and interests of Operator or any Affiliate thereof.

  • To Omaha's and Shareholders' best knowledge, the Hotel Real Property and the Hotels comply with the Americans With Disability Act of 1991 in all material respects.

  • No commitments have been made to any governmental authority, utility company, school board, church or other religious body, or any homeowners' association or any other organization, group or individual, relating to the Hotel Real Property and/or Hotel Assets which would impose an obligation upon Bristol or Bristol Omaha to make any contribution or dedication of money or land or to construct, install or maintain any improvements of a public or private nature on or off of the Hotel Real Property.

  • Adams Morgan Hotel Real Property Tax Abatement Jobs Requirement Clarification 32 Subtitle N.

  • Bristol agrees to indemnify and hold Omaha harmless of and from any costs, expenses or damages arising from Bristol's inspection of the Hotel Assets; provided, however, Bristol will not be responsible for any economic damage resulting from the discovery of structural or environmental conditions existing at any Hotel Real Property.

  • Adams Morgan Hotel Real Property Tax Abatement Jobs Requirement Clarification 30 Subtitle N.

  • As a result, the reaction energy is around 20 kJ/mol more stable than in the case without the presence of electric field.

  • Any refunds of such Taxes shall be allocated between Buyer and Seller based on the portion of the year in which the Closing occurred that each of them owned (directly or indirectly) the applicable Hotel, Real Property or other Hotel Assets.

  • Tolling Agreement - Park Intermediate Holdings LLC - Hyatt Centric Hotel- Real Property Transfer Tax Dispute]Resolution approving a Tolling Agreement to extend the statute of limitations for Park Intermediate Holdings LLC for the Hyatt Centric Hotel to bring potential litigation against the City and County of San Francisco for a refund of real property transfer tax to allow for possible resolution of the matter without litigation.


More Definitions of Hotel Real Property

Hotel Real Property means the Hotel Land and the Hotel ------------------- Improvements.
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Hotel Real Property means the Real Property exclusive of the 0000 Xxxx Xxxx Xxxxxx Tower.
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Hotel Real Property will have the meaning set forth in Section 2.10(a).
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Related to Hotel Real Property

  • Real Property means, collectively, all right, title and interest (including any leasehold, mineral or other estate) in and to any and all parcels of or interests in real property owned or leased by any Person, whether by lease, license or other means, together with, in each case, all easements, hereditaments and appurtenances relating thereto, all improvements and appurtenant fixtures and equipment, all general intangibles and contract rights and other property and rights incidental to the ownership, lease or operation thereof.

  • Residential real property means real property improved by a one to four family dwelling used or occupied, or intended to be used or occupied, wholly or partly, as the home or residence of one or more persons, but shall not refer to (a) unimproved real property upon which such dwellings are to be constructed or (b) condominium units or cooperative apartments or (c) property on a homeowners’ association that is not owned in fee simple by the seller.

  • Hotel Property means a Property on which there is located an operating hotel.

  • Leased Real Property has the meaning set forth in Section 3.18(b).

  • Mortgaged Real Property means (a) each Real Property identified on Schedule 1.01(a) hereto and (b) each Real Property, if any, which shall be subject to a Mortgage delivered after the Original Closing Date pursuant to Section 5.11(d) or pursuant to Section 5.11(d) of the Original Credit Agreement or the Prior Credit Agreement.

  • Company Leased Real Property has the meaning set forth in Section 3.14(b).

  • Real Properties means the real property owned by the Borrower or any of its Subsidiaries.

  • Real Property Assets means as to any Person as of any time, the real property assets (including, without limitation, interests in participating mortgages in which such Person’s interest therein is characterized as equity according to GAAP) owned directly or indirectly by such Person at such time.

  • Rental Property means a hotel room, vacation home, or other rental property You booked for Your stay during Your Trip.

  • Real Estate Leases has the meaning set forth in Section 2.1(d)(ii).

  • Transferred Real Property means (a) the Transferred Owned Real Property and (b) the premises that is subject to the Transferred Real Property Leases.

  • Real Property Interests means all interests in real property of whatever nature, including easements, whether as owner or holder of a Security Interest, lessor, sublessor, lessee, sublessee or otherwise.

  • Owned Real Property has the meaning set forth in Section 4.10(a).

  • Real Property Lease has the meaning set forth in Section 3.9(b).

  • Owned Real Properties has the meaning set forth in Section 3.16(b).

  • Estate in Real Property A fee simple estate in a parcel of land.

  • Unimproved Real Property means Property in which the Company has an equity interest that was not acquired for the purpose of producing rental or other operating income, that has no development or construction in process and for which no development or construction is planned, in good faith, to commence within one (1) year.

  • Material Leased Real Property has the meaning set forth in Section 2.14.

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • the Property means the Property more particularly described in Condition 2 of the Conditions of Sale (as defined in 1.6 below);

  • Ground Leases Those certain leases with respect to real property that is a portion of the Leased Property, pursuant to which Landlord is a tenant and which leases have either been approved by Tenant or are in existence as of the date hereof and listed on Schedule A hereto.

  • Permitted Real Property Encumbrances means (i) those liens, encumbrances and other matters affecting title to any Mortgaged Property listed in the applicable title policy in respect thereof (or any update thereto) and found, on the date of delivery of such title policy to the Administrative Agent in accordance with the terms hereof, reasonably acceptable by the Administrative Agent, (ii) as to any particular real property at any time, such easements, encroachments, covenants, restrictions, rights of way, minor defects, irregularities or encumbrances on title which do not, in the reasonable opinion of the Administrative Agent, materially impair such real property for the purpose for which it is held by the mortgagor or owner, as the case may be, thereof, or the Lien held by the Administrative Agent, (iii) municipal and zoning laws, regulations, codes and ordinances, which are not violated in any material respect by the existing improvements and the present use made by the mortgagor or owner, as the case may be, of such real property, (iv) general real estate taxes and assessments not yet delinquent, and (v) such other items as the Administrative Agent may consent to.

  • Leased Land means land which is the subject of a lease granted under section 60 or 93G; S. 3 def. of "lessee" amended by No. 39/1997 s. 4(2)(b).

  • The Properties means and refer to all such existing properties, and additions thereto, as are subject to this Declaration or any Supplemental Declaration under the provisions of Article II hereof.

  • Leased Personal Property shall have the meaning given such term in Section 2.1(e).

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