Common use of Limited Consent Clause in Contracts

Limited Consent. Licensor’s consent to Management Company operating the Project and Licensor’s grant to Management Company of the right to operate the Project are personal to Management Company, and this Management Company Acknowledgment is not assignable by Licensee or Management Company. If there is a change in control of Management Company or if Management Company becomes, is acquired by, comes under the control of, or merges with or into a Lodging Competitor, or if there is a material adverse change to the financial status or operational capacity of Management Company, Licensee will promptly notify Licensor of any such change and Management Company will be subject to the consent process under the License Agreement as a new operator of the Project.

Limited Consent. Master Licensor’s consent to Management Company operating the Project and Licensor’s grant to Management Company of the right to operate the Project are is personal to Management Company, and this Management Company Acknowledgment is not assignable by Licensee or Management Company. If there is a change Change in control Control of Management Company or if Management Company becomes, is acquired by, comes under the control Control of, or merges with or into a Lodging Competitor or Licensor SOI Competitor, or if there is a material adverse change to the financial status or operational capacity of Management Company, Licensee will promptly notify Master Licensor of any such change and Management Company will be subject to the consent process under the License Agreement as a new operator of the Project.