New Marriott definition

New Marriott means New Marriott MI, Inc., a Delaware corporation (to be renamed Marriott International, Inc. after the Spinoff).
New Marriott means New Marriott MI, Inc. (to be renamed Marriott International, Inc. upon the consummation of the Distribution).
New Marriott shall have the meaning set forth in the first paragraph ------------ of this Agreement.

Examples of New Marriott in a sentence

  • The present name of the corporation is "Marriott International, Inc." The name under which the corporation was originally incorporated is New Marriott MI, Inc., and the original Certificate of Incorporation of the corporation was filed with the Secretary of State of the State of Delaware on September 19, 1997.

  • This Agreement ---------------------------------------------- shall not become effective, and the Existing Agreement shall remain in effect, until such time as New Marriott, Host Marriott, SMS, and HMSC have executed and delivered an Acknowledgment and Release substantially in the form of Exhibit A --------- hereto.

  • Sodexho will pay, on demand by New Marriott, any amounts not timely paid by SMS under this Agreement and the Indenture.

  • New Marriott may exercise its --------------------------------- right to redeem any Securities in accordance with Article 3 of the Indenture, without obtaining the prior consent of SMS.

  • The proceeds of the Advances shall be available (and the Borrower agrees that it shall use such proceeds) solely to refinance certain Existing Debt of the Borrower, ICC and their respective Subsidiaries, to make any required payment to New Marriott and to pay transaction fees and expenses.

  • No amendment, modification, termination or waiver of any provision of these obligations, or consent to any departure by Sodexho therefrom, shall in any event be effective without the written concurrence of New Marriott.

  • The proceeds of the Advances and issuances of Letters of Credit shall be available (and the Borrower agrees that it shall use such proceeds and Letters of Credit) solely to refinance certain Existing Debt of ICC, the Parent Guarantor, and their respective Subsidiaries, to make any required payment to New Marriott, to pay transaction fees and expenses and, from time to time, to finance working capital needs and for general corporate purposes of the Borrower and its Subsidiaries.

  • To the extent that SMS is not ----------------------------- permitted or obligated to make any payment hereunder or under the Indenture for any reason whatsoever, Sodexho agrees to make such payment directly to New Marriott or the Trustee, as the case may be, and shall indemnify New Marriott for any losses, costs or expenses incurred by New Marriott as a result of SMS not being permitted or obligated to make any such payments.

  • This Registration Statement on Form S-8 is filed by New Marriott MI, Inc.

  • The Compensation Committee shall consist of one Independent Director who will serve as the Chairman of the committee, one Sodexho Designee and one New Marriott Director.


More Definitions of New Marriott

New Marriott shall have the meaning set forth in the first paragraph of ------------ this Agreement.

Related to New Marriott

  • Marriott means Marriott International, Inc.

  • Airside means, generally, those areas of an Airport which requires a person to pass through a security checkpoint to access. References to "sterile areas" generally mean Airside areas within terminal buildings. References to "Airfield", "Aircraft Operations Area", "AOA", or "Secured areas" generally mean outdoor Airside areas or areas not accessible to passengers.

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

  • 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.

  • Existing Franchise Agreement means that certain franchise license agreement between the Seller and the Franchisor, granting to Seller a franchise to operate the Hotel under the Brand.

  • Summer Season in any year, means the Season commencing on 01 April in that year;

  • Club means a club for the time being in membership of the Competition.

  • Courtyard means a space permanently open to sky, with or without pergola, enclosed fully or partially by buildings and may be at ground level or any other level within or adjacent to a building;

  • Streamlined Documentation Mortgage Loan Any Mortgage Loan originated pursuant to the Seller's Streamlined Loan Documentation Program then in effect.

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

  • Franchise Agreement or “Agreement” shall mean this Agreement and any amendments or modifications hereto.