Biltmore Hotel Franchise Agreement definition

Biltmore Hotel Franchise Agreement means the Embassy Suites License Agreement, dated as of September 1, 1996, by and between Promus Hotels, Inc., as licensor, and DJONT Operations, L.L.C., as licensee, as assigned and amended by (i) the Assignment and Assumption of, and Amendment to, License Agreement, dated as of June 13, 2003, by and among DJONT Operations, L.L.C., as assignor, DJONT/JPM Phoenix Leasing, L.L.C., as assignee, and Promus Hotels, Inc., as licensor; (ii) HLT Manage-Franchise Mezz I Asset Contribution Agreement, dated as of October 24, 2007, by and among, among others, Promus Hotels LLC, as contributor, HLT Existing Franchise Holding LLC, as contributee, and Hilton Hotels Corporation, as guarantor; and (iii) letter agreement regarding brand standards and QA understandings, dated as of June 23, 2009, from FelCor TRS Holdings, L.L.C. to Hilton Hotels Corporation.

Related to Biltmore Hotel Franchise Agreement

  • New Franchise Agreement means the franchise license agreement to be entered into between Buyer and the Franchisor, granting to Buyer a franchise to operate the Hotel under the Brand on and after the Closing Date.

  • Franchise Agreement or “Agreement” shall mean this Agreement and any amendments or modifications hereto.

  • Existing Franchise Agreement means that certain franchise license agreement between the Seller and the Franchisor, granting to Seller a franchise to operate the Hotel under the Brand.

  • Franchise Agreements means (a) the Franchise Agreements set forth on Part IV of Schedule 4.01(p) hereto, and (b) any Franchise Agreement in respect of a Borrowing Base Asset entered into after the Closing Date in compliance with Section 5.01(r).

  • Hotel Management Agreement means any hotel management agreement relating to the management and operation of the Real Property together with all supplements, amendments and modifications thereto.

  • Property Management Agreement means any Property Management Agreement between the Company and the Property Manager.

  • Franchise Area means the present legal boundaries of the City as of the Effective Date, and shall also include any additions thereto, by annexation or other legal means as provided in this Agreement.

  • Hotel means any establishment used for the purpose of temporary, overnight lodging for which a fee is paid and reservations are required.

  • Hotel Site means the real property on which the Hotel is located or to be located, as approved by us.

  • Redevelopment Agreement means an agreement between the

  • Enterprise Agreement means an agreement certified under the Workplace Relations Act 1996 (Cth) or approved under the Industrial Relations Act 1996 (NSW).

  • Marriott means Marriott International, Inc., a Delaware corporation, or any Affiliate thereof.

  • Franchisor means Marriott International, Inc.

  • Management Agreement means the agreement of the Directors in the form attached hereto as Schedule C. The Management Agreement shall be deemed incorporated into, and a part of, this Agreement.

  • Operating Lease means, as applied to any Person, any lease of any property (whether real, personal or mixed) by that Person as lessee which is not a Capital Lease.

  • Master Tenant means any entity approved by HUD now or hereafter leasing the Healthcare Facility pursuant to a Master Lease.

  • Franchisee means a person to whom a franchise is granted.

  • Franchise Fee means a direct or indirect payment to purchase or operate a franchise. Franchise fee does not include any of the following:

  • Property management system means the Contractor’s system or systems for managing and controlling Government property.

  • Redevelopment Contract means this redevelopment contract between the Authority and Redeveloper with respect to the Project.

  • Property management means leasing or renting, or offering to lease or rent, real property of others for a fee, commission, compensation, or other valuable consideration pursuant to a property management employment contract.

  • Operating Leases means all real or personal property leases under which any Company is bound or obligated as a lessee or sublessee and which, under GAAP, are not required to be capitalized on a balance sheet of such Company; provided that Operating Leases shall not include any such lease under which any Company is also bound as the lessor or sublessor.

  • Subfranchisor means a person who is granted a master franchise.

  • Hotels means the hotel properties described in Exhibit A hereto, as it may be amended from time to time by mutual agreement of Lessee and Operator to add hotel properties or to delete hotel properties as a result of termination of this Agreement with respect to one or more hotel properties pursuant to the termination provisions set forth in this Agreement. “Hotel” shall mean any hotel set forth on Exhibit A as it may be amended from time to time.

  • Network Operating Agreement means an executed agreement that contains the terms and conditions under which the Network Customer shall operate its facilities and the technical and operational matters associated with the implementation of Network Integration Transmission Service under Tariff, Part III. Network Operating Committee:

  • Existing Management Agreement means that certain management agreement between the Seller and the Existing Manager for the operation and management of the Hotel.