CY Hotel definition
CY Hotel means that certain Courtyard by Marriott hotel located on the Leased Property.
Examples of CY Hotel in a sentence
Reliance Agreement, Dated March 12, 2008, Issued by Terracon to Ausnorth CY Hotel, LLC.
Thereafter, Landlord and Tenant shall negotiate in good faith to agree on an alternative use for the RI Hotel and/or the CY Hotel, as the case may be, appropriate adjustments to the Percentage Rent, the Reserve and other related matters; provided, however, in no such event shall the Minimum Rent be reduced or abated.
In the event that operating the RI Hotel and/or the CY Hotel, as the case may be, for such alternative use shall be outside of Tenant's expertise as reasonably determined by Tenant, Tenant may engage a third-party Manager, reasonably acceptable to Landlord, for such purpose.