Hotel Operator. Borrower acknowledges that the Bank has agreed to make this loan in reliance on the expertise of ▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇▇▇▇ and ▇▇▇▇▇ ▇. ▇▇▇▇▇ in operating properties such as the Term Loan Properties. Borrower agrees that unless the Bank otherwise consents in writing (which consent shall not be unreasonably withheld), one or more of the individuals listed in the preceding sentence shall be actively involved in the operation and management of the Term Loan Properties throughout the term of this Agreement.
Appears in 2 contracts
Sources: Loan Agreement (Humphrey Hospitality Trust Inc), Loan Agreement (Humphrey Hospitality Trust Inc)