HPT Parties definition

HPT Parties. HPT, HPT-TA Trust Landlord, HPT-TA LLC Landlord, HPT-PSC Trust Landlord and HPT-PSC LLC Landlord.
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HPT Parties means, collectively, HPT, the Purchaser and the Tenant.
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HPT Parties means HPT, HPTMI, HPTMI Hawaii and the New Tenant.
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Examples of HPT Parties in a sentence

  • The HPT Parties and the TA Parties acknowledge and agree that the TA/Petro Leases are so-called “triple net” leases, and TA Tenant is responsible for all real estate taxes, personal property taxes, other assessments, utilities and other costs and expenses related to each Property as further described in the TA/Petro Leases.

  • All of the representations and warranties made by each of the sellers in the Purchase Agreements are true and correct in all respects and such representations and warranties are hereby restated and made by the Marriott Parties directly to and for the benefit of each of the HPT Parties as if more fully set forth herein.

  • The Marriott Parties acknowledge that they have been advised by the HPT Parties that the HPT Parties intend to amend and restate the Additional Leases and the Initial Leases that have been from time to time assigned to the New Tenant pursuant to the terms hereof (and after giving effect to any amendments contemplated hereby) as a single master lease.

  • It is the intention of the parties hereto that the Deposit be available to benefit each of the HPT Parties as herein provided and that all of the IHG Parties shall have the obligations with respect to the Deposit correspondingly as set forth herein.

  • Until all obligations of the IHG Parties and PR Tenant pursuant to the Secured Obligations shall have been irrevocably paid and satisfied in full, each of Staybridge Manager, IC Manager and IHG Maryland waives any right to enforce any remedy which any of the HPT Parties now has or may in the future have against the other or the PR Tenant with respect to the Deposit, draws therefrom or the replenishment thereof.

  • There shall be no default on the part of any of the HPT Parties under any of the Transaction Documents, and there shall be no facts or circumstances which with the passage of time, the giving of notice or both would constitute such a default or which would pursuant to the terms of the Transaction Documents entitle the Seller to terminate any Transaction Document.

  • All other costs and expenses associated with the transaction contemplated hereby, including without limitation, recording fees and taxes, transfer fees, local counsel fees and other costs and expenses shall be shared by the Marriott Parties and the HPT Parties.

  • The Marriott Parties shall indemnify and hold harmless the HPT Parties, and their respective successors and assigns, from and against any loss, liability or expense, including reasonable attorneys' fees, arising out of any claim or claims for commissions or other compensation for bringing about this Agreement or the transactions contemplated hereby made by any broker, finder or like agent, if such claim or claims are based in whole or in part on dealings with any of the Marriott Parties.

  • The HPT Parties and the TA Parties acknowledge and agree that the TA Leases are so-called “triple net” leases, and TA Tenant is responsible for all real estate taxes, personal property taxes, other assessments, utilities and other costs and expenses related to each Property as further described in the TA Leases.

  • Each of the HPT Parties and the Marriott Parties agree to perform their respective obligations under the terms of the Purchase Agreement.

Related to HPT Parties

  • Concert Parties means such Persons as are deemed to be Acting in Concert with AbbVie pursuant to Rule 3.3 of Part A of the Takeover Rules.

  • Parent Parties has the meaning set forth in ARTICLE V.

  • Party/Parties means Buyer and Seller individually/collectively.

  • Note Parties means, collectively, the Company and each Guarantor.

  • Local Parties shall be defined as the Board or the local OSSTF/FEESO bargaining unit party to a collective agreement.

  • Transaction Parties As defined in Section 5.3(o).

  • Party/Parties means Buyer and Seller individually/collectively.

  • Seller Parties has the meaning set forth in the preamble to this Agreement.

  • Investor Parties has the meaning set forth in the Preamble.

  • Party and Parties means the Settling Defendants, the Plaintiffs, and, where necessary, the Settlement Class Members.

  • U.S. Loan Parties means the U.S. Borrowers and the U.S. Guarantors.

  • Parties has the meaning set forth in the Preamble.

  • Licensee Parties has the meaning ascribed to such term in Section 5.1.

  • Relevant Parties means the Agent, each Borrower, each Security Party, the Security Trustee, each Lender and the Swap Bank;

  • Credit Parties means the Borrower and the Guarantors.

  • Contracting Parties has the meaning set forth in Section 9.14.

  • Selling Parties shall have the meaning specified in the preamble.

  • Bank Parties means Administrative Agent and the Banks.

  • Contractor Parties means a Contractor’s members, directors, officers, shareholders, partners, managers, principal officers, representatives, agents, servants, consultants, employees or any one of them or any other person or entity with whom the Contractor is in privity of oral or written contract (e.g. subcontractor) and the Contractor intends for such other person or entity to perform under the Contract in any capacity. For the purpose of this Contract, vendors of support services, not otherwise known as human service providers or educators, shall not be considered subcontractors, e.g. lawn care, unless such activity is considered part of a training, vocational or educational program.

  • Company Parties means the collective reference to Holdings and its Restricted Subsidiaries, including the Borrower, and “Company Party” means any one of them.

  • Borrower Parties means the collective reference to the Borrower and its Restricted Subsidiaries, and “Borrower Party” means any one of them.

  • Agent Parties has the meaning specified in Section 10.02(c).

  • Buyer Parties means Buyer, its respective Affiliates and the former, current or future equity holders and Representatives of each of the foregoing.

  • Warrantors means the Founders, the Founder Holdcos and the Group Companies.

  • Covered Parties has the meaning set forth in Section 6.7(a).

  • Settling Parties means Settling Defendants and Plaintiffs.