Master Hotel Manager definition

Master Hotel Manager means Tower Rock Hotels & Resorts Inc., a wholly owned subsidiary of X’Xxxxx Hotels & Resorts Ltd.;
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Master Hotel Manager means Tower Rock Hotels & Resorts Inc.;
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Master Hotel Manager means (a) for periods up to and including April 25, 2018, the Former Master Hotel Manager, and (b) for periods on and after April 26, 2018, the Current Master Hotel Manager.
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Examples of Master Hotel Manager in a sentence

  • The failure or inability of the Master Hotel Manager to satisfy its obligations to AHIP or effectively and efficiently operate AHIP’s hotel properties could have a material adverse effect on AHIP’s financial position, results of operations and cash flows, which could in turn reduce the amount of cash available for distribution to Unitholders and for the payment of interest and principal to holders of Debentures and could negatively impact the market price of the Units and Debentures.

  • AHIP and the Master Hotel Manager purchase some information technology from vendors, on whom AHIP’s and the Master Hotel Manager’s systems depend.

  • Portions of AHIP’s information technology infrastructure or the information technology infrastructure of the Master Hotel Manager and franchisors also may experience interruptions, delays or cessations of service or produce errors in connection with systems integration or migration work that takes place from time to time.

  • Current and prospective investors will also have to rely on the ability of the Master Hotel Manager to manage the operation of the properties and to implement an appropriate property management strategy.

  • Although AHIP and the Master Hotel Manager have taken steps to protect the security of their respective information systems and the data maintained in those systems, it is possible that their respective safety and security measures will not be able to prevent the systems’ improper functioning or damage, or the improper access or disclosure of personally identifiable information such as in the event of cyber-attacks.

  • AHIP cannot provide assurance that the Master Hotel Manager will satisfy its obligations to AHIP or effectively and efficiently operate AHIP’s hotel properties.

  • When AHIP’s current insurance policies expire, the Master Hotel Manager may encounter difficulty in obtaining or renewing property or casualty insurance on behalf of AHIP for AHIP’s properties at the same levels of coverage and under similar terms.

  • Thus, all of AHIP’s revenue is generated by hotels managed by the Master Hotel Manager.

  • Current and prospective investors assessing the risks and rewards of an investment in AHIP should appreciate that they will, in large part, be relying on the good faith and expertise of the General Partner and the Master Hotel Manager.

  • In addition, sophisticated hardware and operating system software and applications that AHIP and the Master Hotel Manager or franchisors may procure from outside companies may contain defects in design or manufacture, including “bugs” and other problems that could unexpectedly interfere with AHIP’s internal operations or the operations at AHIP’s hotels.


More Definitions of Master Hotel Manager

Master Hotel Manager means Tower Rock Hotels & Resorts Inc.; “MSA” means metropolitan statistical area;
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Master Hotel Manager means Tower Rock Hotels & Resorts Inc.; “Midwestern Portfolio” has the meaning ascribed to it under “Use of Proceeds”;
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Master Hotel Manager means Tower Rock Hotels & Resorts Inc. X’Xxxxx Hoortts Letdl.; s & Res “Material Contracts” mes, acnollectively, the Unit Purchase Agreement, the Master Hotel Management Agreement, the IPO Hotel Management Agreement, the Master Development Agreement, the REIT LP Agreement, the Nomination Agreement, the Voting Agreement, the Escrow Agreement, the Pledge Agreement, the Credit Agreement, the Purchase and Sale Agreement and this Agreement;
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Related to Master Hotel Manager

  • Property Manager means an entity that has been retained to perform and carry out at one or more of the Properties property-management services, excluding persons, entities or independent contractors retained or hired to perform facility management or other services or tasks at a particular Property, the costs for which are passed through to and ultimately paid by the tenant at such Property.

  • Hotel Management Agreement means any hotel management agreement relating to the management and operation of the Real Property together with all supplements, amendments and modifications thereto.

  • Franchisee means a person to whom a franchise is granted.

  • Master Tenant means any entity approved by HUD now or hereafter leasing the Healthcare Facility pursuant to a Master Lease.

  • Amenity Manager – shall mean the District Manager or that person or firm so designated by the District’s Board of Supervisors, including their employees.

  • Hotel means any establishment used for the purpose of temporary, overnight lodging for which a fee is paid and reservations are required.

  • Property Management Agreement means that certain management agreement between the Company and the Property Manager with respect to the management of the Property.

  • Manager has the meaning set forth in 2.1.

  • Hotels means the hotel properties described in Exhibit A hereto, as it may be amended from time to time by mutual agreement of Lessee and Operator to add hotel properties or to delete hotel properties as a result of termination of this Agreement with respect to one or more hotel properties pursuant to the termination provisions set forth in this Agreement. “Hotel” shall mean any hotel set forth on Exhibit A as it may be amended from time to time.

  • Franchisor means Marriott International, Inc.

  • Starwood shall have the meaning assigned to such term in the preamble to this Agreement.

  • Existing Manager means THR Property Management L.P.

  • Airport Manager means that term as defined in section 2 of the aeronautics code of the state of Michigan, 1945 PA 327, MCL 259.2.

  • CLO Asset Manager means, with respect to any Securitization Vehicle that is a CLO, the entity that is responsible for managing or administering the underlying assets of such Securitization Vehicle or, if applicable, the assets of any Intervening Trust Vehicle (including, without limitation, the right to exercise any consent and control rights available to the Directing Holder).

  • Management Company means the firm overseeing the operation and management of the Participating Property; and shall mean the Grantee in any event wherein the Management Company is required to perform any obligations under this Agreement.

  • City Manager means the City Manager of the City.

  • Property management means leasing or renting, or offering to lease or rent, real property of others for a fee, commission, compensation, or other valuable consideration pursuant to a property management employment contract.

  • Master Developer means a developer cooperating with a

  • Marriott means Marriott International, Inc.

  • tour operator means, with the exception of an air carrier, an organiser within the meaning of Article 2, point 2, of Council Directive 90/314/EEC of 13 June 1990 on package travel, package holidays and package tours (2);

  • Asset Manager means the manager of each of the Series Assets as specified in each Series Designation or, its permitted successors or assigns, appointed in accordance with Section 5.10.

  • Sub-Manager Any Person with which the Property Manager or the Special Servicer has entered into a Sub-Management Agreement.

  • Network Operating Agreement means an executed agreement that contains the terms and conditions under which the Network Customer shall operate its facilities and the technical and operational matters associated with the implementation of Network Integration Transmission Service under Tariff, Part III.

  • CFPC means the College of Family Physicians of Canada.

  • Construction management contract means a contract in which a party is retained by the owner to

  • Developer means the legal or beneficial owner or owners of a lot or of any land proposed to be included in a proposed development, including the holder of an option or contract to purchase, or other person having an enforceable proprietary interest in such land.