Common use of Permit Clause in Contracts

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

Samples: Joint Escrow Instructions (Marcus Corp), Agreement of Purchase and Sale (Chesapeake Lodging Trust), Purchase and Sale Agreement (Highland Hospitality Corp)

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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

Samples: Agreement for Purchase and Sale (Ashford Hospitality Prime, Inc.), Agreement of Purchase and Sale (Apple REIT Seven, Inc.)

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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

Samples: Limited Liability Company Operating Agreement (Carey Watermark Investors Inc)

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