Examples of Marriott Properties in a sentence
Notwithstanding anything in the MVW License Agreement and Marriott Rewards Agreement to the contrary and subject to the terms and conditions set forth in this Article II, Marriott will be permitted to implement the Cross Redemption Policy; provided, however, that (a) Marriott Rewards points and Marriott Rewards Elite Status will be earned only at participating Marriott Properties and (b) SPG points and SPG Elite Status will be earned only at participating Starwood Properties.
Marriott will place (a) a hyperlink to Xxxxxxxxxxxxxx.xxx on the Xxxxxxxx.xxx website and (b) a hyperlink to Xxxxxxxx.xxx on the Xxxxxxxxxxxxxx.xxx website; provided, for the avoidance of doubt, that customers will not be able to search for or reserve Starwood Properties on Xxxxxxxx.xxx or search for or reserve Marriott Properties on Xxxxxxxxxxxxxx.xxx.
None of the Marriott Properties and Brookdale Properties is located in a Special Flood Hazard Area as defined by the United States Department of Housing and Urban Development, except as set forth in the surveys thereof delivered to Administrative Agent pursuant to Section 4.1. In the case of each Other Property which is a Fee Interest, Borrower or one of its Subsidiaries has good record, marketable and indefeasible fee simple absolute title to such Fee Interest.
Favorable opinions of Xxxxxxxx & Worcester LLP, as counsel to Borrower, Guarantors, Borrower's other Subsidiaries, HRPT and the Advisor, and of local counsel with respect to Guarantors and each of the Marriott Properties and Brookdale Properties, with respect to Borrower, Guarantors, Borrower's other Subsidiaries, HRPT, the Advisor and the Loan Documents, addressed to Administrative Agent and Lenders and dated the Closing Date.
A current survey and legal description for each of the Marriott Properties and Brookdale Properties, certified to Administrative Agent and the Title Company, by a surveyor on a certificate satisfactory to Administrative Agent, and evidence as to whether the respective Property is located in a Special Flood Hazard Area as defined by the United States Department of Housing and Urban Development.
Searches of such public records as Administrative Agent may require showing no Liens against the Marriott Properties and Brookdale Properties (or related personal property or fixtures), the Marriott Leases, the Marriott Lease Guaranties, the Brookdale Master Lease, the Brookdale Lease Guaranty or any other property of either Guarantor other than the Liens of the Loan Documents.
Evidence that the insurance required by Sections 6.6 of this Agreement, and by the Marriott Leases and the Brookdale Master Lease, is in effect as therein required with respect to each of the Marriott Properties and Brookdale Properties, as applicable, with the Administrative Agent named as an additional insured or mortgagee and loss payee as appropriate.
From time to time during the term of this Agreement, Administrative Agent may, in its sole discretion, order an Appraisal of one or more of the Marriott Properties and Brookdale Properties.
Pro forma commitments for the Title Insurance Policies for each of the Marriott Properties and Brookdale Properties, issued by the title agent for the Title Company, together with evidence that the required reinsurance has been reserved.
Copies of the Marriott Leases, the Marriott Lease Guaranties, the Brookdale Master Lease, the Brookdale Subleases and the Brookdale Lease Guaranty for each of the Marriott Properties and Brookdale Properties, and a copy of the Ground Lease, each certified by a Responsible Officer of Borrower.