Property Level Agreement definition

Property Level Agreement means any asset level agreement that exists on the Closing Date and any future agreement with any Governmental Authority having jurisdiction over Borrower's properties and assets.
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Property Level Agreement means any agreement, arrangement, commitment, concession or understanding, whether or not in writing, intended to apply to a specific property (or properties) only, but which is not intended to have brand, corporate or business-line application;
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Property Level Agreement means any asset level agreement that exists on the Closing Date and any future
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Examples of Property Level Agreement in a sentence

  • Upon the expiration of the Initial Subscription Term, the Property Level Agreement shall automatically renew for a period of one (1) year unless Subscriber elects not to renew by notifying Vendor of such election in writing at least thirty (30) days prior to the expiration of the Initial Subscription Term.

  • The undersigned Property (“Subscriber”) agrees to be bound by the terms and conditions of the Agreement together with all schedules which are hereby incorporated by reference into this Property Level Agreement.

  • Upon the expiration of the Initial Subscription Term, the Property Level Agreement will automatically renew and be extended for successive periods of twelve (12) months (each a “Renewal Period”) unless Subscriber elects not to renew by notifying Vendor of such election in writing at least thirty (30) days prior to the expiration of the Initial Subscription Term or the relevant Renewal Period.

  • Subscriber may terminate this Agreement, applicable attachment or any Transaction Document, within the first six months of the term without cause on 30 day prior written notice without liability to Vendor, except for payment by Subscriber on a pro rata basis for services provided in accordance with the terms of the Agreement or this Property Level Agreement prior to such termination notice.

  • The term of this Property Level Agreement shall be for a period of three (3) years commencing on the date of sign up and digital acceptance of Vendor’s Terms & Conditions and terminating three (3) years from said date.

  • Except as otherwise instructed by Subscriber and subject to any Transition rights set forth in this Property Level Agreement, immediately upon receipt of such termination notice by Vendor, Vendor shall cease all Services being performed hereunder.

  • Vendor agrees that: (a) the determination to participate hereunder by each Subscriber will be completely voluntary, and (b) as to each Property Level Agreement, only the Subscriber that signs will be liable to Vendor under that Property Level Agreement, and Marriott will not be liable under any Property Level Agreement unless it is signatory thereto.

  • The term of this Property Level Agreement shall be for a period of one (1) year commencing on the date of sign up and digital acceptance of Vendor’s Terms & Conditions and terminating one (1) year from said date.

  • The term of this Property Level Agreement shall be for a period of one (1) year commencing on and terminating on (“Initial Subscription Term”).

  • The term of this Property Level Agreement shall be for a period of three (3) years commencing on and terminating on (“Initial Subscription Term”).