Effect of Hotel Management Agreement Sample Clauses

Effect of Hotel Management Agreement. If Landlord consents to a Hotel Management Agreement, then (a) the terms and conditions of this Lease shall in no way be deemed to have been waived or modified; (b) such consent shall not be deemed consent to any further Hotel Management Agreement by either Tenant or a Hotel Operator or any amendments to the Hotel Management Agreement; (c) Landlord shall have the right to review the original unredacted executed version of the Hotel Management Agreement at Landlord’s office at 0000 Xxxxxxx Xxxxxxx, Xxx Xxxxx, Xxxxxxxxxx xx xxxxx ten (10) days prior to the delivery of the executed version of the Hotel Management Agreement to the Hotel Operator and shall have five (5) Business Days after completing its review to elect to withdraw its consent to the Hotel Management Agreement by delivering written notice to Tenant which specifies in reasonable detail the reasons for such withdrawal if
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Effect of Hotel Management Agreement. If Landlord consents to a Hotel Management Agreement, then (a) the terms and conditions of this Lease shall in no way be deemed to have been waived or modified; (b) such consent shall not be deemed consent to any further Hotel Management Agreement by either Tenant or a Hotel Operator or any amendments to the Hotel Management Agreement; (c) Landlord shall have the right to review the original unredacted executed version of the Hotel Management Agreement at Landlord’s office at 0000 Xxxxxxx Xxxxxxx, Xxx Xxxxx, Xxxxxxxxxx xx xxxxx ten (10) days prior to the delivery of the executed version of the Hotel Management Agreement to the Hotel Operator and shall have five (5) Business Days after completing its review to elect to withdraw its consent to the Hotel Management Agreement by delivering written notice to Tenant which specifies in reasonable detail the reasons for such withdrawal if (i) such executed version of the Hotel Management Agreement is materially different from the draft of the Hotel Management Agreement that Landlord reviewed previously and (ii) such material differences would provide a basis for Landlord not to have provided consent. If Landlord does not withdraw its consent to the Hotel Management Agreement, then Tenant shall deliver to Landlord, within ten (10) days after Tenant’s delivery of the executed version of the Hotel Management Agreement to the Hotel Operator, an affidavit from an authorized representative of Tenant which attaches the redacted version of the fully executed Hotel Management Agreement delivered to Hotel Operator and certifies under penalty of perjury that (i) the redacted version of the Hotel Management Agreement attached to the affidavit is a true, correct and complete copy of the Hotel Management Agreement executed by Tenant and the new Hotel Operator except for any redactions and no additions, deletions, or revisions were made to the unredacted Hotel Management Agreement reviewed by Landlord. Any inaccuracy in the affidavit, as determined by Landlord in its reasonable discretion, may constitute an Event of Default as and to the extent set forth in Section 12.1.5.
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Related to Effect of Hotel Management Agreement

  • PROCUREMENT OF AGREEMENT CONSULTANT represents and warrants that no person or selling agent has been employed or retained by CONSULTANT to solicit or secure this Agreement upon an agreement or upon an understanding for a commission, percentage, a brokerage fee, contingent fee or any other compensation. CONSULTANT further represents and warrants that no payment, gift or thing of value has been made, given or promised to obtain this or any other agreement between the parties. CONSULTANT makes such representations and warranties to induce the COUNTY to enter into this Agreement and the COUNTY relies upon such representations and warranties in the execution hereof. For a breach or violation of such representations or warranties, the COUNTY shall have the right to annul this Agreement without liability, entitling the COUNTY to recover all monies paid hereunder and CONSULTANT shall not make claim for or be entitled to recover, any sum or sums otherwise due under this Agreement. This remedy, if effected, shall not constitute the sole remedy afforded the COUNTY for such falsity or breach, not shall it constitute a waiver of the COUNTY’s right to claim damages or otherwise refuse payment or to take any other action provided for by law or pursuant to this Agreement.

  • Amendment of Agreement This Agreement may be amended only by written agreement of the Adviser and the Sub-Adviser and only in accordance with the provisions of the 1940 Act and the rules and regulations promulgated thereunder.

  • Waivers and Supplemental Agreements with Consent of Holders With the consent of the Holders of Certificates of each Class representing Certificate Balances aggregating not less than 66% of the related Class Balance, (i) compliance by Xxxxxx Xxx with any of the terms of this Trust Agreement may be waived or (ii) Xxxxxx Mae, in its corporate capacity and in its capacity as Trustee, may enter into any Supplemental Agreement for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this Trust Agreement or of modifying in any manner the rights of the Holders of the Certificates issued under this Trust Agreement; provided, however, that no such waiver or Supplemental Agreement shall:

  • GENERAL PURPOSE OF AGREEMENT The general purpose of this agreement is, in the mutual interest of the employer and employee, to provide for the operation of the plant hereinafter mentioned under methods which will further, to the fullest extent possible, the safety and physical welfare of the employees, economy of operation, quality and quantity of output, cleanliness of plant and protection of property. It is recognized by this agreement to be the duty of the Company and the employees to co-operate fully, individually and collectively, for the advancement of said conditions.

  • OPERATION OF AGREEMENT This Agreement will be effective and binding immediately upon its execution, but, anything in this Agreement to the contrary notwithstanding, this Agreement will not be operative unless and until a Change in Control occurs. Upon the occurrence of a Change in Control at any time during the Term, without further action, this Agreement shall become immediately operative.

  • Effect of Agreement Nothing herein contained shall be deemed to require to the Trust to take any action contrary to its Declaration of Trust or its By-Laws or any applicable law, regulation or order to which it is subject or by which it is bound, or to relieve or deprive the Trustees of the Trust of their responsibility for and control of the conduct of the business and affairs of the Trust.

  • Intent of Agreement 3.1 Execution of this Agreement is a representation that the Contractor has carefully examined the Contract Documents and the site, and represents that the Contractor shall become familiar with the nature and location of each Project, the Worksite, the specific conditions under which the Services are to be performed, and all matters which may in any way affect the Work or its performance. The Contractor further represents that, as a result of such examinations and investigations, the Contractor thoroughly understands the Contract Documents and their intent and purpose, and is familiar with all applicable codes, ordinances, laws, regulations and rules as they apply to the Work, and that the Contractor will abide by same. Claims for additional time or additional compensation as a result of the Contractor’s failure to follow the foregoing procedure and to familiarize itself with all local conditions and the Contract Documents will not be permitted.

  • AGREEMENT AMENDMENTS This Agreement may be amended at any time by written instrument duly approved by the President or President's designee and accepted by Faculty Member; provided, however, no such written instrument shall be required for any increase in Faculty Member's salary or any improvement to the fringe benefits of Faculty Member's employment, or for promotion in rank, any of which may be accomplished at any time by official action of the Board of Regents of the University of Nebraska (Board) without the necessity for written modification or amendment of this Agreement. This Agreement and Appendix “A” attached hereto constitute the entire agreement between the parties. This Agreement supersedes all previous agreements between or among the parties. There are no agreements, representations or warranties between or among the parties other than those set forth in this Agreement or the documents and agreements referred to in this Agreement.

  • Cooperation Agreement At the Closing, PCC and Buyer shall, and PCC shall cause PCC Parent to, execute and deliver the Cooperation Agreement pursuant to which Buyer, PCC Parent and PCC shall provide each other certain information and other assistance in connection with the collection, administration and/or satisfaction of certain of the Retained Liabilities.

  • Statement of Agreement The parties hereby acknowledge the accuracy of the foregoing Background Information and hereby agree as follows:

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