Permitted Facility Manager definition

Permitted Facility Manager means, with respect to each Hotel Property, Marriott International, a Subsidiary of Marriott International, Interstate Hotels Corporation, a Subsidiary of Interstate Hotels Corporation, Hyatt Corporation, a Subsidiary of Hyatt Corporation, Four Seasons Hotel Limited, a Subsidiary of Four Seasons Hotel Limited, Swissôtel Management (U.S.) LLC, Crestline Capital Corporation, a Subsidiary of Crestline Capital Corporation, Westin Hotels & Resorts, a Subsidiary of Westin Hotels & Resorts, Hilton Hotels Corp., a Subsidiary of Hilton Hotels Corp., Fairmont Hotels & Resorts, a Subsidiary of Fairmont Hotels & Resorts, Barceló Crestline Corporation, a Subsidiary of Barceló Crestline Corporation, Intercontinental Hotels Group, a Subsidiary of Intercontinental Hotels Group (or, in the case of each of the foregoing, a successor thereto (so long as such successor remains a first-class nationally recognized hotel management company)), or another first-class hotel management company in good standing, as determined in the sole discretion of the U.S. Borrower.
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Permitted Facility Manager means, with respect to each Hotel Property owned or leased by a Subsidiary of Borrower, a Wholly-Owned Subsidiary of the Borrower or another hotel management company in good standing.
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Permitted Facility Manager means, with respect to each Hotel Property, the following companies and/or their Subsidiaries: Marriott International, Inc.; Starwood Hotels & Resorts Worldwide, Inc.; Hyatt Corporation; Four Seasons Hotel Limited; Swissôtel Management (USA) L.L.C.; Hilton Worldwide, Inc.; Fairmont Hotels & Resorts Inc.; InterContinental Hotels Group PLC; Interstate Hotels Corporation; Barceló Crestline Corporation; Accor; and Delta Hotels Limited (or, in the case of each of the foregoing, a successor thereto (so long as such successor remains a first-class nationally recognized hotel management company)), or another first-class hotel management company in good standing, as determined in the sole discretion of the Company, which may include operators of select service hotels.
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Examples of Permitted Facility Manager in a sentence

  • Neither the Company nor any of its Subsidiaries has received written notice that it or any Permitted Facility Manager is engaged in any unfair labor practice with respect to any Hotel Property or other Real Property owned or leased by the Company or any of its Subsidiaries that could reasonably be expected to have a Material Adverse Effect.

  • Unless the Required Banks otherwise agree in writing, Holdings will take, and will cause each of its Subsidiaries to take, all action necessary so that (x) each Borrowing Base Property is at all times managed by a Permitted Facility Manager pursuant to the respective Management Agreement and (y) no such Management Agreement is terminated.


More Definitions of Permitted Facility Manager

Permitted Facility Manager means, with respect to each Hotel Property, the following companies and/or their Subsidiaries: Marriott International, Inc.; Starwood Hotels & Resorts Worldwide, Inc.; Hyatt Corporation; Four Seasons Hotel Limited; Swissôtel Management (USA) L.L.C.; Hilton Worldwide, Inc.; Fairmont Hotels & Resorts Inc.; InterContinental Hotels Group PLC; Interstate Hotels Corporation; Barceló Crestline Corporation; Accor; and Delta Hotels Limited (or, in the case of each of the foregoing, a successor thereto (so long as such successor
Sample 1
Permitted Facility Manager means, with respect to each Hotel Property, Marriott International, a Wholly-Owned Subsidiary of Marriott International, Interstate Hotels Corporation (or a successor thereto (so long as such successor remains a first-class nationally recognized hotel management company)), a Wholly-Owned Subsidiary of Interstate Hotels Corporation (or such successor), Hyatt Corporation, a Wholly-Owned Subsidiary of Hyatt Corporation, Four Seasons Hotel Limited, a Wholly-Owned Subsidiary of Four Seasons Hotel Limited, Swissotel Management (U.S.) LLC, Crestline Capital Corporation, a Wholly-Owned Subsidiary of Crestline Capital Corporation, Westin Hotels & Resorts, a Wholly-Owned Subsidiary of Westin Hotels & Resorts, Hilton Hotels Corp., a Wholly-Owned Subsidiary of Hilton Hotels Corp., or another first-class hotel management company in good standing.
Sample 1
Permitted Facility Manager means, with respect to each Hotel Property or Senior Living Care Facility, Marriott International, a Wholly-Owned Subsidiary of Marriott International, Interstate Hotels Corporation (or a successor thereto (so long as such successor remains a first-class nationally recognized hotel management company)), a Wholly-Owned Subsidiary of Interstate Hotels Corporation (or such successor), Hyatt Corporation, a Wholly-Owned Subsidiary of Hyatt Corporation, Four Seasons Hotel Limited, a Wholly-Owned Subsidiary of Four Seasons Hotel Limited, Swissotel Management (US) LLC or another first-class nationally recognized hotel management company in good standing reasonably acceptable to the Administrative Agent.
Sample 1
Permitted Facility Manager means, with respect to each Borrowing Base Property, Marriott International, a Wholly-Owned Subsidiary of Marriott Inter-
Sample 1
Permitted Facility Manager means, with respect to each Hotel Property, Marriott International, a Wholly-Owned Subsidiary of Marriott International, Interstate Hotels Corporation (or a successor thereto (so long as such successor remains a first-class nationally recognized hotel management company)), a Wholly-Owned Subsidiary of Interstate Hotels Corporation (or such successor), Hyatt Corporation, a Wholly-Owned Subsidiary of Hyatt Corporation, Four Seasons Hotel Limited, a Wholly-Owned Subsidiary of Four Seasons Hotel Limited, Swissotel Management (US) LLC, Crestline, a Wholly-Owned Subsidiary of Crestline or another first-class nationally recognized hotel management company in good standing reasonably acceptable to the Administrative Agent.
Sample 1
Permitted Facility Manager means, with respect to each Hotel Property, Marriott International, a Wholly-Owned Subsidiary of Marriott International, Interstate Hotels Corporation (or a successor thereto (so long as such successor remains a first-class nationally recognized hotel management company)), a Wholly-Owned Subsidiary of Interstate Hotels Corporation (or such successor), Hyatt Corporation, a Wholly-Owned Subsidiary of Hyatt Corporation, Four Seasons Hotel Limited, a Wholly-Owned Subsidiary of Four Seasons Hotel Limited, Swissotel Management (US) LLC, Crestline, a Wholly-Owned Subsidiary of Crestline or another first-class nationally recognized hotel management company in good standing reasonably acceptable to the Administrative Agent.
Sample 1

Related to Permitted Facility Manager

  • Permitted Facility means a facility authorized by the general permit to discharge total nitrogen or

  • Facility Manager The Authorized User’s representative who is responsible for the day to day operations of the facility(s) referenced in the Project Definition.

  • Designated facility means (a hazardous waste treatment, storage, or disposal facility which :

  • Related facilities means any ancillary facilities owned by the Company which are —

  • approved facility means any private practice, hospital, clinic or other health facility in Namibia defined in section 1 of the Hospitals and Health Facilities Act, 1994 (Act No. 36 of 1994), approved by the Council for the purpose of the training of hearing aid acoustics interns, and “facility” has a corresponding meaning;

  • Transit-oriented facility means a facility that houses a transit station in a manner that promotes transit ridership or passenger rail use.

  • Qualified facility means a permanent facility within this state equipped for the production of motion pictures, television shows, or digital media production that meets all of the following requirements:

  • Off-site facility means a structural BMP located outside the subject property boundary described in the permit application for land development activity.

  • Authorized Facilities means the public facilities authorized to be financed, in whole or in part, by the CFD.

  • Child-occupied facility means a building or portion of a building constructed prior to 1978, visited regularly by the same child, age six years or younger on at least two different days within any week (Sunday through Saturday period), provided that each day’s visit lasts at least three hours and the combined weekly visit lasts at least six hours, and the combined annual visits last at least 60 hours. Child-occupied facilities may include, but are not limited to, day-care centers, preschools and kindergarten classrooms.

  • Stand Alone System Upgrade Facilities means System Upgrade Facilities that a Developer may construct without affecting day-to-day operations of the New York State Transmission System during their construction. NYISO, the Connecting Transmission Owner and the Developer must agree as to what constitutes Stand Alone System Upgrade Facilities and identify them in Appendix A to this Agreement.

  • On-site facility means a structural BMP located within the subject property boundary described in the permit application for land development activity.

  • Marijuana cultivation facility means an entity licensed to cultivate, prepare, and package marijuana and sell marijuana to retail marijuana stores, to marijuana product manufacturing facilities, and to other marijuana cultivation facilities, but not to consumers.

  • Vending facility means automatic vending machines, cafeterias, snack bars, cart service, shelters, counters, and such other appropriate auxiliary equipment which may be operated by licensed managers and which is necessary for the sale of newspapers, periodicals, confections, tobacco products, foods, beverages, and other articles or services dispensed automatically or manually and prepared on or off the premises in accordance with all applicable health laws and including the vending or exchange of chances for any lottery authorized by State Law and conducted by an agency of a State within such State. [CFR 34, Part 395.1(X)]

  • Public facility means 1 or more of the following:

  • Property Management Fee means the fee payable to the Manager for its day-to-day management of the Property pursuant to the Management Agreement.

  • 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.

  • Affected facility means, with reference to a stationary source, any apparatus to which a standard is applicable.

  • Marijuana testing facility means an entity licensed to analyze and certify the safety and potency of marijuana.

  • Facility Site shall have the meaning set forth in the recitals to the Facility Site Lease.

  • LNG facility means a terminal which is used for the liquefaction of natural gas or the importation, offloading, and re-gasification of LNG, and includes ancillary services and temporary storage necessary for the re-gasification process and subsequent delivery to the transmission system, but does not include any part of LNG terminals used for storage;

  • Dry cleaning facility means an establishment with one or more dry cleaning systems.

  • Holding facility means a designated area for the retention of

  • Shared Facilities means the gentie lines, transformers, substations, or other equipment, permits, contract rights and obligations, and other assets and property (real or personal), in each case, as necessary to enable delivery of energy from Seller’s electric generating facility (which is excluded from this definition of Shared Facilities) to the Point of Interconnection that are used in common with other entities, as applicable.

  • Generating Facility means the Generating Unit(s) comprising Seller’s power plant, as more particularly described in Section 1.02 and Exhibit B, including all other materials, equipment, systems, structures, features and improvements necessary to produce electric energy and thermal energy, excluding the Site, land rights and interests in land.

  • Required Facility Lenders means, as of any date of determination, with respect to one or more Facilities, Lenders having more than 50% of the sum of (a) the Total Outstandings under such Facility or Facilities and (b) the aggregate unused Commitments under such Facility or Facilities; provided that the unused Commitments of, and the portion of the Total Outstandings under such Facility or Facilities held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of the Required Facility Lenders.