Radius Restriction. Subject to the provisions of ------------------ Section 13.4 below, during the Restricted Period, neither Seller nor any Seller ------------ Subsidiary shall own, lease, acquire, construct or manage any Full Service Hotel located within a three (3) mile radius of the Hotel.
Appears in 8 contracts
Samples: Purchase and Sale Agreement (American General Hospitality Corp), Purchase and Sale Agreement (American General Hospitality Corp), Purchase and Sale Agreement (American General Hospitality Corp)
Radius Restriction. Subject to the provisions of ------------------ Section 13.4 below, during the Restricted Period, neither Seller nor any Seller ------------ Subsidiary shall own, lease, acquire, construct or manage any Full Service Hotel located within a three (3) mile radius of the Hotel.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Prime Hospitality Corp)