Common use of Leases and Concessions Clause in Contracts

Leases and Concessions. Lessee shall assign to Lessor or Lessor's nominee simultaneously with the termination of this Agreement, and the assignee shall assume, all leases, contracts, concession agreements and agreements in effect with respect to the Facility then in Lessee's name which are designated by Lessor.

Appears in 6 contracts

Samples: Lease Agreement (Hersha Hospitality Trust), Lease Agreement (Hersha Hospitality Trust), Lease Agreement (Innkeepers Usa Trust/Fl)

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Leases and Concessions. Lessee shall assign to Lessor or Lessor's nominee simultaneously with the termination of this AgreementLease, and the assignee shall assume, assume all leases, contracts, leases and concession agreements and agreements in effect with respect to the Facility then in Lessee's name which are designated by Lessorname.

Appears in 5 contracts

Samples: Lease Agreement (Equity Inns Inc), Consolidated Lease Agreement (Equity Inns Inc), Consolidated Lease Agreement (Equity Inns Inc)

Leases and Concessions. Lessee shall assign to Lessor or Lessor's ’s nominee simultaneously with the termination of this Agreement, and the assignee shall assume, assume all leases, contracts, leases and concession agreements and agreements in effect with respect to the Facility then in Lessee's name which are designated by Lessor’s name.

Appears in 5 contracts

Samples: Master Lease Agreement, Master Lease Agreement (Supertel Hospitality Inc), Master Lease Agreement (Supertel Hospitality Inc)

Leases and Concessions. Lessee shall assign to Lessor or Lessor's nominee simultaneously with the termination of this Agreement, and the assignee shall assume, assume all leases, contracts, leases and concession agreements and agreements in effect with respect to the Facility then in Lessee's name which are designated by Lessorname.

Appears in 4 contracts

Samples: Master Lease Agreement (Humphrey Hospitality Trust Inc), Lease Agreement (Humphrey Hospitality Trust Inc), Lease Agreement (Humphrey Hospitality Trust Inc)

Leases and Concessions. Lessee shall assign to Lessor or ---------------------- Lessor's nominee simultaneously with the termination of this Agreement, and the assignee shall assume, all leases, contracts, concession agreements and agreements in effect with respect to the Facility then in Lessee's name which are designated by Lessor.

Appears in 3 contracts

Samples: Lease Agreement (Hersha Hospitality Trust), Lease Agreement (Hersha Hospitality Trust), Lease Agreement (Hersha Hospitality Trust)

Leases and Concessions. Lessee shall assign to Lessor or Lessor's nominee simultaneously with the termination of this AgreementLease, and the assignee shall assume, assume any and all leases, contracts, subleases and concession agreements and agreements in effect with respect to the Facility then in Lessee's name which are designated by Lessorany Facility.

Appears in 2 contracts

Samples: Percentage Lease Agreement (Red Lion Inns Limited Partnership), Percentage Lease Agreement (Boykin Lodging Co)

Leases and Concessions. Lessee shall assign to Lessor or Lessor's nominee simultaneously with the termination of this AgreementLease, and the assignee shall assume, assume any and all leases, contracts, subleases and concession agreements and agreements in effect with respect to the Facility then in Lessee's name which are designated by LessorLessor elects to have assigned and to assume.

Appears in 2 contracts

Samples: Percentage Lease Agreement (Realty Refund Trust), Percentage Lease Agreement (Boykin Lodging Trust Inc)

Leases and Concessions. Lessee shall assign to Lessor or Lessor's ---------------------- nominee simultaneously with the termination of this Agreement, and the assignee shall assume, all leases, contracts, concession agreements and agreements in effect with respect to the Facility then in Lessee's name which are designated by Lessorname.

Appears in 1 contract

Samples: Lease Agreement (Hersha Hospitality Trust)

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Leases and Concessions. Lessee shall assign to Lessor or ---------------------- Lessor's nominee simultaneously with the termination of this Agreement, and the assignee shall assume, assume all leases, contracts, leases and concession agreements and agreements in effect with respect to the Facility then in Lessee's name which are designated by Lessorname.

Appears in 1 contract

Samples: Master Lease Agreement (Humphrey Hospitality Trust Inc)

Leases and Concessions. Lessee shall assign to Lessor or LessorLessol's nominee simultaneously with the termination of this AgreementLease, and the assignee shall assume, assume any and all leases, contracts, subleases and concession agreements and agreements in effect with respect to the Facility then in Lessee's name which are designated by LessorLessor elects to have assigned and to assume.

Appears in 1 contract

Samples: Percentage Lease Agreement (South Seas Properties Co LTD Partnership)

Leases and Concessions. Lessee shall assign to Lessor or Lessor's nominee designee simultaneously with the termination of this Agreement, and the assignee shall assume, assume all leases, contracts, concession agreements and agreements in effect with respect to the Facility then in Lessee's name which are designated by Lessorname. Lessee shall assign any membership contracts to Lessor or its designee as provided in SECTION 7.2(g).

Appears in 1 contract

Samples: Lease Agreement (Interstate Hotels Management Inc)

Leases and Concessions. Lessee shall assign to Lessor or ------------------------ Lessor's nominee simultaneously with the termination of this Agreement, and the assignee shall assume, all leases, contracts, concession agreements and agreements in effect with respect to the Facility then in Lessee's name which are designated by Lessor.

Appears in 1 contract

Samples: Lease Agreement (Hersha Hospitality Trust)

Leases and Concessions. Lessee shall assign to Lessor or Lessor's ---------------------- nominee simultaneously with the termination of this Agreement, and the assignee shall assume, assume all leases, contracts, leases and concession agreements and agreements in effect with respect to the Facility then in Lessee's name which are designated by Lessorname.

Appears in 1 contract

Samples: Lease Agreement (Humphrey Hospitality Trust Inc)

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