Common use of Business Clause in Contracts

Business. As of the Agreement Date, the Parent, the Borrower, the other Loan Parties and the other Subsidiaries are engaged in the business of developing, construction, acquiring, owning and operating hotel properties, together with other business activities incidental thereto.

Appears in 9 contracts

Samples: Credit Agreement (DiamondRock Hospitality Co), Term Loan Agreement (DiamondRock Hospitality Co), Credit Agreement (DiamondRock Hospitality Co)

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Business. As of the Agreement Date, the Parent, the Borrower, the other Loan Parties and the other Subsidiaries are engaged in the business of developingowning, construction, acquiring, owning leasing and operating hotel propertiesfinancing real estate, together with other business activities incidental thereto.

Appears in 5 contracts

Samples: Term Loan Agreement (Broadstone Net Lease Inc), Term Loan Agreement (Broadstone Net Lease Inc), Credit Agreement (Broadstone Net Lease Inc)

Business. As of the Agreement Date, the Parent, the Borrower, the other Loan Parties and the other Subsidiaries are engaged in the business of developingdevelopment, construction, acquiringacquisition, owning ownership and operating operation of hotel properties, together with other business activities incidental thereto.. ​

Appears in 4 contracts

Samples: Credit Agreement (Sunstone Hotel Investors, Inc.), Credit Agreement (Sunstone Hotel Investors, Inc.), Term Loan Agreement (Sunstone Hotel Investors, Inc.)

Business. As of the Agreement Date, the Parent, the Borrower, the other Loan Parties and the other Subsidiaries are engaged in the business of developingthe acquisition, constructiondisposition, acquiringfinancing, owning ownership, development rehabilitation, leasing, operation and operating hotel propertiesmanagement of office buildings, together with other business activities incidental thereto.

Appears in 4 contracts

Samples: Credit Agreement (Parkway Properties Inc), Credit Agreement (Parkway Properties Inc), Assignment and Assumption Agreement (Parkway Properties Inc)

Business. As of the Agreement Date, the Parent, the Borrower, the other Loan Parties and the other Subsidiaries are engaged in the business of developingthe acquisition, constructiondisposition, acquiringfinancing, owning ownership, development, rehabilitation, leasing, operation and operating hotel propertiesmanagement of office buildings, together with other business activities incidental or reasonably related thereto.

Appears in 3 contracts

Samples: Assignment and Assumption Agreement (Parkway Properties Inc), Assignment and Assumption Agreement (Parkway, Inc.), Term Loan Agreement (Parkway Properties Inc)

Business. As of the Agreement Date, the Parent, the Borrower, the other Loan Parties Borrower and the other Subsidiaries are engaged in the business of developing, construction, acquiring, owning and operating hotel properties, together with other business activities incidental thereto.

Appears in 3 contracts

Samples: Credit Agreement (DiamondRock Hospitality Co), Credit Agreement (DiamondRock Hospitality Co), Credit Agreement (DiamondRock Hospitality Co)

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Business. As of the Agreement Date, the Parent, the Borrower, the other Loan Parties and the other Subsidiaries are engaged in the business of developingdevelopment, construction, acquiringacquisition, owning ownership and operating operation of hotel properties, together with other business activities incidental thereto.

Appears in 3 contracts

Samples: Credit Agreement (Sunstone Hotel Investors, Inc.), Credit Agreement (Sunstone Hotel Investors, Inc.), Credit Agreement (Sunstone Hotel Investors, Inc.)

Business. As of the Agreement Date, the Parent, the Borrower, the other Loan Parties and the other Subsidiaries are engaged in the business of acquiring, disposing, financing, developing, constructionrenovating and, acquiring, owning leasing single family homes and operating hotel propertiesrental properties and managing such Properties, together with other business activities incidental or reasonably related thereto.

Appears in 2 contracts

Samples: Credit Agreement (American Homes 4 Rent, L.P.), Credit Agreement (American Homes 4 Rent, L.P.)

Business. As of the Agreement Date, the Parent, the Borrower, the other Loan Parties and the other Subsidiaries are engaged in the business of developing, construction, acquiring, owning and operating hotel properties, together with other business activities incidental thereto.. (v)

Appears in 1 contract

Samples: Credit Agreement (DiamondRock Hospitality Co)

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