Executive Management. Unless the Required Lenders otherwise consent in writing, Xxxxx X. Xxxxxxxxxxx shall remain each Borrower's operations manager and the President of The Summit Group, Inc., and The Summit Group, Inc. shall be the property manager of each Hotel pursuant to each Borrower's Operating Agreement.
Appears in 2 contracts
Samples: Second Amended and Restated Loan Agreement (Summit Hotel Properties, Inc.), Second Amended and Restated Loan Agreement (Summit Hotel Properties, LLC)
Executive Management. Unless the Required Lenders otherwise consent in writing, Xxxxx X. Xxxxxxxxxxx shall remain each Borrower's ’s operations manager and the President of The Summit Group, Inc., and The Summit Group, Inc. shall be the property manager of each Hotel pursuant to each Borrower's ’s Operating Agreement.
Appears in 2 contracts
Samples: First Amended and Restated Loan Agreement (Summit Hotel Properties LLC), First Amended and Restated Loan Agreement (Summit Hotel Properties LLC)
Executive Management. Unless the Required Lenders Agent otherwise consent consents in writing, Xxxxx X. Xxxxxxxxxxx shall remain each Borrower's operations manager and the President of The Summit Group, Inc., and The Summit Group, Inc. shall be the property manager of each Hotel pursuant to each Borrower's Operating Agreement.
Appears in 1 contract
Samples: Second Amended and Restated Loan Agreement (Summit Hotel Properties, LLC)
Executive Management. Unless the Required Lenders Lenders' otherwise consent in writing, Xxxxx X. Xxxxxxxxxxx shall remain each BorrowerCompany's operations manager and the President of The Summit Group, Inc., and The Summit Group, Inc. shall be the property manager of each Hotel pursuant to each BorrowerCompany's Operating Agreement.
Appears in 1 contract
