Common use of Ownership of Replacements Clause in Contracts

Ownership of Replacements. All repairs, alterations, improvements, renewals or replacements made pursuant to Article V, and all amounts kept in the FF&E Reserve, shall, except as otherwise provided in this Agreement, be the property of Primary Manager or Wyndham, as applicable.

Appears in 2 contracts

Samples: Submanagement Agreement (Interstate Hotels Management Inc), Submanagement Agreement (Wyndham International Inc)

AutoNDA by SimpleDocs

Ownership of Replacements. All repairs, alterations, improvements, renewals or replacements made pursuant to Article V, and all amounts kept in the FF&E Reserve, shall, except as otherwise provided in this Agreement, be the property of Primary Manager or Wyndham, as applicableOwner.

Appears in 2 contracts

Samples: Management Agreement (RLJ Lodging Trust), Management Agreement (Crescent Operating Inc)

Ownership of Replacements. All repairs, alterations, improvements, renewals or replacements made pursuant to this Article V, and all amounts kept in the FF&E Reserve, shall, except as otherwise provided in this Agreement, be the property of Primary Manager or Wyndham, as applicableOwner.

Appears in 2 contracts

Samples: Management Agreement (DiamondRock Hospitality Co), Management Agreement (Apple Reit Six Inc)

Ownership of Replacements. All repairs, alterations, improvements, renewals or replacements made pursuant to Article V, and all amounts kept in the FF&E Reserve, shall, except as otherwise provided in this Agreement, be the property of Primary Manager Lessee or WyndhamOwner, as applicable.

Appears in 2 contracts

Samples: Management Agreement (Interstate Hotels Management Inc), Management Agreement (Wyndham International Inc)

AutoNDA by SimpleDocs

Ownership of Replacements. All FF&E, all repairs, alterations, improvements, renewals or replacements made pursuant to this Article V, and all amounts kept in the FF&E Reserve, shall, except as otherwise provided in this Agreement, be the property of Primary Manager or Wyndham, as applicableOwner.

Appears in 1 contract

Samples: Management Agreement (Gaylord Entertainment Co /De)

Time is Money Join Law Insider Premium to draft better contracts faster.