Examples of Liquor License Agreement in a sentence
Each Liquor License Agreement is in full force and effect and there is no material default, breach or violation existing thereunder by Borrower or the applicable licensee thereunder and no event has occurred that, with the passage of time or the giving of notice, or both, would constitute a default, breach or violation by any party thereunder.
Upon the Release of any Mortgaged Property pursuant to this subsection 2.11, the Company shall deliver to the Agent revised Schedules to this Agreement, the Environmental Indemnity, the Security Agreement and the Liquor License Agreement, as applicable, reflecting the Release of such Mortgaged Property, which Schedules shall be satisfactory to the Agent and shall become effective upon the date of such Release.
The Borrower is a party to the Security Agreement, Trademark Agreement, Omnibus Management and Liquor License Agreement, the Atlanta Collateral Assignment, the Cash Management Letters and the Mortgages pursuant to which the Borrower has pledged and created Liens on certain Collateral to secure the Obligations.
The parties agree to use commercially reasonable efforts to agree upon a form of Liquor License Agreement with respect to such anticipated arrangement within 15 days after the Effective Date.
CapStar is a party to the CapStar Guaranty, Security Agreement, the Trademark Agreement and the Omnibus Management and Liquor License Agreement pursuant to which CapStar has guaranteed the Obligations and pledged and created Liens on certain Collateral.