Common use of Development Agreement Clause in Contracts

Development Agreement. In the event that a REIT Transaction relates to the development and construction of a Hotel Property, then the terms and conditions of any such development and construction, including the project oversight and developer management fees, shall be pursuant to the terms set forth in that certain form of Development Agreement attached hereto as Exhibit B.

Appears in 6 contracts

Samples: Mutual Exclusivity Agreement (Ashford Inc.), Mutual Exclusivity Agreement (Braemar Hotels & Resorts Inc.), Mutual Exclusivity Agreement (Ashford Hospitality Trust Inc)

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Development Agreement. In the event that a REIT Transaction relates to the development and construction of a Hotel Property, then the terms and conditions of any such development and construction, including the project oversight and developer management fees, shall be pursuant to the terms set forth in that certain form of Development Agreement attached hereto as Exhibit B.EXHIBIT C.

Appears in 2 contracts

Samples: Mutual Exclusivity Agreement (Ashford Hospitality Trust Inc), Mutual Exclusivity Agreement (Ashford Hospitality Trust Inc)

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Development Agreement. In the event that a the REIT Transaction relates to transaction concerns the development and construction of a Hotel Propertythe Hotel's property, then the terms and conditions of any for such development and construction, including the project oversight monitoring and developer management fees, shall be pursuant to comply with the terms provisions set forth out in that certain this particular form of Development development contract attached to this Agreement attached hereto as Exhibit B.Annex C. 6.

Appears in 1 contract

Samples: static.s123-cdn-static.com

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