Restricted Hotel definition

Restricted Hotel shall not include any one or more of the following: (i) any existing (as of the Effective Date) Residence Inn by Marriott hotel; (ii) any full-service Marriott Hotel or Marriott Suites (or any similar full service lodging product), XXXX-XXXXXXX hotel, Bvlgari hotel, Conference Center by Marriott, Renaissance, Renaissance Suites, Courtyard by Marriott Hotel, Fairfield Inn, Fairfield Suites, Marriott Vacation Club International, SpringHill Suites, TownePlace Suites or any other lodging product (including time share or interval ownership facilities) which is not operated as a select-service hotel under the "Residence Inn by Marriott" trade name and as a member of the System;(iii) any hotel or hotels which are members of a chain of hotels (provided that such chain has a minimum of five (5) or more hotels in operation), all or substantially all (but in no event less than four (4) hotels) of which are acquired by, or merged with, or franchised by or joined through a marketing agreement with, Manager or one of its Affiliates (or the operation of which is transferred to Manager or one of its Affiliates); (iv) any hotel or hotels which are members of a group of hotels which is (in a single transaction with a single seller or transferor) acquired by, or merged with, or franchised by or joined through a marketing agreement with, Manager or one of its Affiliates, or the operation of which is transferred to Manager or one of its Affiliates, provided that such group of hotels contains no fewer than five (5) hotels; (v) any future lodging product developed by Manager or one of its Affiliates which is not included within the System; or (vi) in the event that any existing hotel in the Restricted Area described in clause (i) above ceases to operate under the "Residence Inn by Marriott" trade name as a member of the System, then for each such hotel (if any), an additional hotel which may operate under the "Residence Inn by Marriott" trade name as a member of the System.
Sample 1Sample 2
Restricted Hotel shall not include any one or more of the following: (i) any existing (as of the Effective Date) full-service hotel operating under the "Marriott" trade name within the Restricted Area; (ii) any Xxxx-Xxxxxxx hotel, Courtyard by Marriott Hotel, Renaissance Hotel, Conference Center by Marriott, Residence Inn by Marriott, Fairfield Inn, Fairfield Suites, TownePlace Suites or any other lodging product which is not operated as a full-service hotel under the "Marriott" trade name; or (iii) any future lodging product developed by Manager or one of its Affiliates which is not operated under the "Marriott" tradename.
Sample 1
Restricted Hotel means any hotel or motel facility which (i) is operated under the "Hilton Hotel" flag as a full service hotel but shall not include or apply to any other products, services or businesses under the "Hilton" brand, including, without limitation, Hilton Suites and other all- suite hotels, Hilton Garden Inn or other limited service hotels, Homewood Suites by Hilton or any extended stay hotel or any other comparable brands created by Hilton or any other hotel in which "Hilton" is secondary to another brand name for purposes of identifying such other brands as having a relationship with Hilton Worldwide Holdings, Inc., or (ii) has more than 200 guest rooms and more than 10,000 square feet of meeting space within or immediately adjacent to such facility or has more than 500 guest rooms.
Sample 1

Examples of Restricted Hotel in a sentence

  • Neither Manager nor any of its Affiliates shall open for business, or permit any other person to open for business, any Restricted Hotel within the Restricted Area during the period from the Effective Date to the fifth (5th) anniversary of the Effective Date.

  • Neither Manager nor any of its Affiliates shall open for business, or permit any other person to open for business, any Restricted Hotel within the Restricted Area during the period from the Effective Date to the third (3rd) anniversary of the Effective Date.

  • Neither Management Company nor any of its Affiliates shall own, build, franchise, manage or operate any Restricted Hotel, under the "Marriott" brand name, within the Restricted Area during the period from the Effective Date through the seventh (7th) anniversary of the Effective Date.

  • Neither Manager nor any of its Affiliates shall open for business, or permit any other Person to open for business, any Restricted Hotel within the Restricted Area during the period from the Effective Date to the earlier to occur of (i) the seventh (7th) anniversary of the Opening Date or (ii) September 1, 2011.

  • Manager and its Affiliates shall not at any time from the Effective Date through December 31, 2027, without the prior written consent of Corporation, own, lease, operate,‌ manage, license, franchise, or merge with, in whole or in part, directly or indirectly, a Restricted Hotel that is within the area bounded by Nueces street to the west, I-35 to the east, 12th street to the north, and Ladybird Lake to the south (the "Restricted Area").

  • During the term of this Agreement, neither Management Company nor any of its Affiliates shall own, build, franchise, manage or operate any Restricted Hotel (as defined below) within a fifty mile radius of the Hotel & Conference Center.

  • Neither Manager nor any of its Affiliates shall open for business, or permit any other Person to open for business, any Restricted Hotel within the Restricted Area during the period from the Effective date to the ( th) anniversary of the Effective date.

  • Neither Manager nor any of its Affiliates shall open for business, or permit any other Person to open for business, any Restricted Hotel within the Restricted Area during the period from the Effective Date to the expiration of the Initial Term.


More Definitions of Restricted Hotel

Restricted Hotel shall not include any one or more of the following: (i) any existing (as of the Effective Date) member of the Marriott Hotel System which is within the Restricted Area; (ii) any Courtyard by Marriott (or other similar moderate-price lodging product) or any Residence Inn by Marriott (or other similar extended-stay lodging product) or any Fairfield Inn (or other similar economy-price lodging product); (iii) any hotel or hotels which are members of a chain of hotels (provided that such chain has a minimum of four (4) or more hotels in operation), all or substantially all (but in no event less than four (4) hotels) of which is acquired by, or merged with, or franchised by or joined through marketing agreement with, Management Company or one of its Affiliates (or the operation of which is transferred to Management Company or one of its Affiliates); (iv) any hotel or hotels which are members of a group of hotels which is (in a single transaction with a single seller or transferor) acquired by, or merged with, or franchised by or joined through marketing agreement with, Management Company or one of its Affiliates (or the operation of which is transferred to Management Company or one of its Affiliates), provided that such group of hotels contains no fewer than four (4) hotels; (v) any future lodging product developed by Management Company or one of its Affiliates which is not a lodging product which would have been included within the Marriott Hotel System, as such system existed as of the Effective Date; or (vi) any existing non-Marriott hotel within the Restricted Area which is specifically designated on Exhibit "D" as not being a Restricted Hotel.
Sample 1
Restricted Hotel means any hotel or motel facility which (i) is operated under the "Hilton Hotel" flag as a full service hotel but shall not include or apply to any other products, services or businesses under the "Hilton" brand, including, without limitation, Hilton Suites and other all-suite hotels, Hilton Garden Inn or other limited service hotels, Homewood Suites by Hilton or any extended stay hotel or any other comparable brands created by Hilton or any other hotel in which "Hilton" is secondary to another brand name for purposes of identifying such other brands as having a relationship with Hilton Worldwide Holdings, Inc., or (ii) has more than 200 guest rooms and more than 10,000 square feet of meeting space within or immediately adjacent to such facility or has more than 500 guest rooms.
Sample 1
Restricted Hotel means (a) with respect to the period of time from the Effective Date through the expiration of the twentieth (20 ) full Fiscal Year after Effective Date, any hotel operated or licensed under any trade name or brand owned or controlled by Marriott or its Affiliates (or unbranded hotel using the Marriott Hotel reservation system) containing more than eight hundred (800) rooms and more than one hundred thousand (100,000) square feet of meeting space, and (b) with respect to the period of time commencing the day after expiration of the twentieth (20 ) full Fiscal Year after the Effective Date and continuing until the end of the Initial Term, any hotel branded as a “Gaylord” hotel operating or licensed as a member of the Gaylord Hotel System and any new-build hotel operated or licensed under any trade name or brand owned or controlled by Marriott or its Affiliates or unbranded hotel using the Marriott Hotel reservation system) in each case containing more than eight hundred (800) rooms and more than one hundred thousand (100,000) square feet of meeting space.
Sample 1
Restricted Hotel means any brand of hotel/motel developed, constructed, and/or managed after the Closing Date (as defined in the Purchase Agreement).
Sample 1
Restricted Hotel means any hotel or motel facility which is operated under the "Hilton" brand as a full service hotel but shall not include or apply to (i) Hilton Worldwide Holdings, Inc. or its Affiliates or (ii) any other hotel that is branded under a chain of hotels that includes the word "Hilton" within the brand names (including, for example, but without limitation Hilton Garden Inn, Canopy by Hilton, Home2 Suites by Hilton, Hampton Inn by Hilton, Hilton Grand Vacations, Tempo by Hilton, Homewood Suites by Xxxxxx, Doubletree by Xxxxxx, Xxxxx – a Collection by Xxxxxx, Motto by Xxxxxx, Tru by Xxxxxx, Signia by Xxxxxx, Tapestry Collection by Hilton, Embassy Suites by Xxxxxx, etc.).
Sample 1
Restricted Hotel shall not include any one or more of the following: (i) any existing (as of the Effective Date) hotel operating under the “Marriott” trade name as a member of the Marriott System or under the “Renaissance” trade name as a member of the Renaissance System; (ii) any XXXX-XXXXXXX hotel, Bvlgari Hotel, Courtyard by Marriott Hotel, Conference Center by Marriott, Residence Inn by Marriott, Fairfield Inn, Fairfield Inns and Suites, Marriott Vacation Club International, SpringHill Suites, TownePlace Suites or any other lodging product (including time-share or interval ownership facilities) that is not operated as a full-service hotel under the “Marriott” trade name as a member of the Marriott System or under the “Renaissance” trade name as a member of the Renaissance System; (iii) any hotel or hotels that are members of a chain of hotels (provided that such chain has a minimum of four (4) or more hotels in operation), all or substantially all (but in no event less than three (3) hotels) of which is acquired by, or merged with, or franchised by or joined through marketing agreement with, Manager or one of its Affiliates (or the operation of which is transferred to Manager or one of its Affiliates); (iv) any hotel or hotels that are members of a group of hotels that is (in a single transaction with a single seller or transferor) acquired by, or merged with, or franchised by or joined through marketing agreement with, Manager or one of its Affiliates, or the operation of which is transferred to Manager or one of its Affiliates, provided that such group of hotels contains no fewer than three (3) hotels; or (v) any future lodging product developed by Manager or one of its Affiliates that is not operated as a full-service hotel within the Marriott System or the Renaissance System.
Sample 1

Related to Restricted Hotel

  • Restricted Assets means all licenses, permits, franchises, approvals or other authorizations from any Governmental Authority from time to time granted to or otherwise held by the Company to the extent the same constitute “Excluded Assets” under (and as defined in) the Senior Lien Documents or the Junior Lien Documents or are similarly carved out from the granting clause or the collateral thereunder.

  • Restricted Entity means any "employee benefit plan" as defined in and subject to ERISA, any "plan" as defined in and subject to Section 4975 of the Code, or any entity any portion or all of the assets of which are deemed pursuant to United States Department of Labor Regulation Section 2510.3-101 or otherwise pursuant to ERISA or the Code to be, for any purpose of ERISA or Section 4975 of the Code, assets of any such "employee benefit plan" or "plan" that invests in such entity.

  • Restricted Property means (a) any property of the Company located within the United States of America that, in the opinion of the Company’s board of directors, is a principal manufacturing property or (b) any shares of capital stock or Debt of any Subsidiary owning any such property.

  • Restricted Parties has the meaning set forth in Section 6.7(a).

  • Restricted Areas means (i) all areas within the Facility that are not generally accessible to the public, including judges’ xxxxxxxx, all non-public restrooms, elevators, break rooms, and corridors, and other non-public spaces that are dedicated for use only by judges or Court staff and employees, (ii) public areas of a Facility during non-business hours that are subject to security screening during normal business hours, and (iii) the areas defined as Restricted Areas in the Background Check Policy.

  • Restricted Holder means (i) a holder that is an affiliate of the Company within the meaning of Rule 405, (ii) a holder who acquires Exchange Securities outside the ordinary course of such holder’s business, (iii) a holder who has arrangements or understandings with any person to participate in the Exchange Offer for the purpose of distributing Exchange Securities and (iv) a holder that is a broker-dealer, but only with respect to Exchange Securities received by such broker-dealer pursuant to an Exchange Offer in exchange for Registrable Securities acquired by the broker-dealer directly from the Company.

  • Restricted Persons shall have the meaning assigned to such term in Section 6.9(i).

  • Restricted Party means a person that is:

  • Restricted Client means any person:

  • Restricted Services means services of any kind or character comparable to those Executive provided to the Company during the eighteen (18) month period immediately preceding Executive’s last date of employment with the Company.

  • Restricted companies means companies that boycott Israel.

  • Restricted business operations means business operations in Sudan that include power production activities, mineral extraction activities, oil-related activities, or the production of military equipment, as those terms are defined in the Sudan Accountability and Divestment Act of 2007 (Pub. L. 110-174). Restricted business operations do not include business operations that the person (as that term is defined in Section 2 of the Sudan Accountability and Divestment Act of 2007) conducting the business can demonstrate—

  • Restricted Company means any of the foregoing.

  • Restricted Geographic Area is defined as all countries, territories, parishes, municipalities and states in which Company is doing business or is selling its products at the time of termination of Employee’s employment with Company, including but not limited to every parish and municipality in the state of Louisiana. Employee acknowledges that this geographic scope is reasonable given Employee's position with Company, the international scope of Company's business; and the fact that Employee could compete with Company from anywhere Company does business.

  • Restricted Business has the meaning set forth in Section 6.10(a).

  • Chesapeake Bay Preservation Act land-disturbing activity means a land-disturbing activity including clearing, grading, or excavation that results in a land disturbance equal to or greater than 2,500 square feet and less than one acre in all areas of jurisdictions designated as subject to the Chesapeake Bay Preservation Area Designation and Management Regulations (9VAC25-830) adopted pursuant to the Chesapeake Bay Preservation Act.

  • Restricted Area means an area, access to which is limited by the licensee or registrant for the purpose of protecting individuals against undue risks from exposure to sources of radiation. Restricted area does not include areas used as residential quarters, but separate rooms in a residential building may be set apart as a restricted area.

  • Restricted Activities means those activities described in Section 10 of this Agreement.

  • Restricted Person shall have the meaning assigned to such term in Section 6.9(i).

  • Restricted Transfer means: 1.1.10.1 a transfer of Company Personal Data from any Company Group Member to a Contracted Processor; or 1.1.10.2 an onward transfer of Company Personal Data from a Contracted Processor to a Contracted Processor, or between two establishments of a Contracted Processor, in each case, where such transfer would be prohibited by Data Protection Laws (or by the terms of data transfer agreements put in place to address the data transfer restrictions of Data Protection Laws) in the absence of the Standard Contractual Clauses to be established under section [6.4.3 or] 12 below;

  • Restricted Fund means a fund in which the use of the principal or principal and income is restricted by agreement with, or direction by, the donor to a specific purpose. Restricted fund does not include a fund over which the owner has complete control. The owner is deemed to have complete control over a fund that is to be used for general operating or building purposes.

  • Restricted Transaction means any of the following transactions or transmit- tals involving any credit, funds, instru- ment, or proceeds that the Act pro- hibits any person engaged in the busi- ness of betting or wagering (which does not include the activities of a financial transaction provider, or any inter- active computer service or tele- communications service) from know- ingly accepting, in connection with the participation of another person in un- lawful Internet gambling—

  • Restricted rights, as used in this clause, means the rights of the Government in restricted computer software, as set forth in a Restricted Rights Notice of paragraph (g) if included in this clause, or as otherwise may be provided in a collateral agreement incorporated in and made part of this contract, including minor modifications of such computer software.

  • Property Owner means any person shown as the owner of land on the last equalized assessment roll or otherwise known to be the owner of land by the city council. “Business owner” means any person recognized by the city as the owner of the business. “Owner” means either a business owner or a property owner. The city council has no obligation to obtain other information as to the ownership of land or businesses, and its determination of ownership shall be final and conclusive for the purposes of this part. Wherever this part requires the signature of the property owner, the signature of the authorized agent of the property owner shall be sufficient. Wherever this part requires the signature of the business owner, the signature of the authorized agent of the business owner shall be sufficient.

  • Restricted Enterprise means any Person that is actively engaged in any geographic area in any business which is either (i) in competition with the business of the Company or any of its subsidiaries or affiliates or (ii) proposed to be conducted by the Company or any of its subsidiaries or affiliates in their respective business plans as in effect at that time. During the Restriction Period, upon request of the Company, the Executive shall notify the Company of the Executive’s then-current employment status.

  • Permitted Entity means with respect to a Qualified Stockholder (a) a Permitted Trust (as defined below) solely for the benefit of (i) such Qualified Stockholder, (ii) one or more Family Members of such Qualified Stockholder and/or (iii) any other Permitted Entity of such Qualified Stockholder, or (b) any general partnership, limited partnership, limited liability company, corporation or other entity exclusively owned by (i) such Qualified Stockholder, (ii) one or more Family Members of such Qualified Stockholder and/or (iii) any other Permitted Entity of such Qualified Stockholder.