Benchmark Brands definition

Benchmark Brands means comparable airport hotels (a) within the upscale/upper-midscale chain scale segment as classified by STR, Inc., or its successor, or such other industry-accepted hotel data research firm publishing similar information as may be mutually agreed to by the parties; and (b) that are operated by nationally-recognized brands such as Hilton, Hyatt, InterContinental, Marriott, Starwood, and Wyndham.

Related to Benchmark Brands

  • Benchmark Gilt means, in respect of a Reset Period, such United Kingdom government security having a maturity date on or about the last day of such Reset Period as the Calculation Agent, with the advice of the Reference Banks, may determine to be appropriate;

  • Benchmark means, initially, the Term SOFR Reference Rate; provided that if a Benchmark Transition Event has occurred with respect to the Term SOFR Reference Rate or the then-current Benchmark, then “Benchmark” means the applicable Benchmark Replacement to the extent that such Benchmark Replacement has replaced such prior benchmark rate pursuant to Section 2.12(d)(iii)(A).

  • Mizuho means Mizuho Bank, Ltd.

  • SBD means Standard Bidding Documents.

  • Service Management System (SMS) means an off-line system used to access, create, modify, or update information in a Database.