Permit. “Permit” means any permit, certificate, license or other form of authorization or approval issued by a government agency or authority and legally required for the proper operation and use of the Hotel (including, without limitation, any certificates of occupancy with respect to the Hotel Improvements, elevator permits, conditional use permits, zoning variances and business licenses, but excluding Liquor Licenses) to the extent held and assignable by Seller or otherwise transferable with the Hotel.
Appears in 4 contracts
Sources: Agreement of Purchase and Sale (Chesapeake Lodging Trust), Purchase and Sale Agreement (Marcus Corp), Purchase and Sale Agreement (Highland Hospitality Corp)
Permit. “Permit” means any permit, certificate, license or other form of authorization or approval issued by a government agency or authority and legally required for the proper operation and use of the Hotel (including, without limitation, any certificates of occupancy with respect to the Hotel Improvements, elevator permits, conditional use permits, zoning variances and business licenses, but excluding Liquor Licenses) to the extent held and assignable by Seller or Hotel Manager or otherwise transferable with the Hotel.
Appears in 2 contracts
Sources: Purchase and Sale Agreement (Ashford Hospitality Prime, Inc.), Purchase and Sale Agreement (Apple REIT Seven, Inc.)
Permit. “Permit” means any material license, permit, certificateconsent, license authorization, approval, certificate of occupancy, ratification, certification, registration, exemption, variance, exception and similar consent granted or other form of authorization or approval issued by a government agency or authority and legally required for the proper operation and use of the Hotel (including, without limitation, any certificates of occupancy Governmental Authority with respect to the Hotel Improvements, elevator permits, conditional use permits, zoning variances and business licenses, but excluding Liquor Licenses) to the extent held and assignable by Seller or otherwise transferable with the Hotel.
Appears in 1 contract
Sources: Membership Interest Agreement (Carey Watermark Investors Inc)
Permit. “Permit” means any permit, certificate, license or other form of authorization or approval issued by a government agency or authority and legally required for the proper operation and use of the Hotel (including, without limitation, any certificates of occupancy with respect to the Hotel Improvements, elevator permits, conditional use permits, zoning variances and business licenses, but excluding Liquor Licenses) to the extent held and assignable by Seller or otherwise transferable with the Hotel.. 1.73
Appears in 1 contract