Existing Hotel Management Agreement definition

Existing Hotel Management Agreement has the meaning set forth in Section 5.9.
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Existing Hotel Management Agreement means that certain Management Agreement between Seller and Hotel Manager.
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Existing Hotel Management Agreement means that certain Hotel Management Agreement dated as of August 1, 2005 between the Hotel Manager and the Debtor, including any amendments, supplements or modifications thereto.
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Examples of Existing Hotel Management Agreement in a sentence

  • The Existing Hotel Management Agreement will be rejected, and subject to the conditions and provisions set forth in the Hotel RSA, the New Hotel Management Agreement will be entered into by and between the Debtor and the Hotel Manager effective as of the Effective Date.

  • Studies like Aniket (2006a) have challenged this standard assumption.In a departure from the existing literature, Aniket (2007) analyses the wealth threshold for accessing the service of the microfinance institutions.

  • According to the Hotel Manager, failure to resolve the Capital Funding Disputes would have resulted in termination of the Existing Hotel Management Agreement.

  • The Debtor and ACA approached the Hotel Manager to secure its support for the Consensual Restructuring and to negotiate modified terms of the Existing Hotel Management Agreement aimed at enhancing the chances that the Consensual Restructuring would succeed.

  • In addition, the Debtor has not fully vetted the extent of the defaults under the Existing Hotel Management Agreement, including whether there are defaults in its favor thereunder.

  • Moreover, without the ability to raise sufficient funds to implement the Initial CapEx Plan, the Hotel Manager would likely terminate the Existing Hotel Management Agreement resulting in a further loss of value.

  • The definitions under the Glossary are also incorporated into certain ancillary agreements, including the Existing Hotel Management Agreement.

  • Liabilities of Seller or Seller's Affiliates arising under or incurred pursuant to the Existing Hotel Management Agreement; and VI.

  • These negotiations have entailed a substantial overhaul of the Existing Hotel Management Agreement; and reaching an accord on a viable capital program that addresses needed structural and mechanical repairs and maintains Westin’s brand standards (the “Capital Funding Disputes”).

  • Upon rejection of the Existing Hotel Management Agreement, any Claims arising or accrued under the Existing Hotel Management Agreement or otherwise incurred in connection with the Hotel Manager’s management and operation of the Project from and after the Petition Date will be entitled to administrative claim priority status; provided, however, that the foregoing shall not elevate the status of a prepetition claim to a postpetition claim.


More Definitions of Existing Hotel Management Agreement

Existing Hotel Management Agreement means the Hotel Advisory Agreement, dated December 21, 2000, between Seller and Teton Hospitality Services, Inc.
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Related to Existing Hotel Management Agreement

  • 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.

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

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

  • Asset Management Agreement means, as the context requires, any agreement entered into between a Series and an Asset Manager pursuant to which such Asset Manager is appointed as manager of the relevant Series Assets, as amended from time to time.

  • Management Agreement means the agreement to be entered into between the Borrower and the Manager providing for the ship management and crewing services of the Vessel, such agreement to be in the form and on the terms and conditions required by the Agent;

  • Collateral Management Agreement The agreement dated as of the Closing Date, between the Issuer and the Collateral Manager relating to the management of the Collateral Obligations and the other Assets by the Collateral Manager on behalf of the Issuer, as amended from time to time in accordance with the terms thereof.

  • New Management Agreement means the management agreement to be entered into between Buyer and the Manager for the operation and management of the Hotel on and after the Closing Date.

  • Sponsor Management Agreement means the Management Agreement between certain of the management companies associated with the Sponsors and the Borrower.

  • Investment Management Agreement means the Investment Management Agreement made

  • Construction Management Agreement means the Construction Management Agreement, dated as of the date of the Common Agreement, between Construction Manager and the Project Company.

  • Project Management Agreement means the agreement dated the 20th February 1985 made between the Trustee and the Manager providing for the Manager to manage and co‑ordinate the development and construction of the Resort and includes, if that agreement is terminated, any other agreement in like and similar terms made with the prior consent of the Minister;

  • Replacement Management Agreement means, collectively, (a) either (i) a management agreement with a Qualified Manager substantially in the same form and substance as the Management Agreement, or (ii) a management agreement with a Qualified Manager, which management agreement shall be reasonably acceptable to Lender in form and substance, provided, with respect to this subclause (ii), Lender, at its option, may require that Borrower shall have obtained prior written confirmation from the applicable Rating Agencies that such management agreement will not cause a downgrade, withdrawal or qualification of the then current rating of the Securities or any class thereof and (b) an assignment of management agreement and subordination of management fees substantially in the form then used by Lender (or of such other form and substance reasonably acceptable to Lender), executed and delivered to Lender by Borrower and such Qualified Manager at Borrower’s expense.

  • leasing agreement means an agreement by which one person (the lessor) grants a right to possession or control of an object (with or without an option to purchase) to another person (the lessee) in return for a rental or other payment;

  • Easement Agreement means any conditions, covenants and restrictions, easements, declarations, licenses and other agreements which are Permitted Encumbrances and such other agreements as may be granted in accordance with Section 19.1.

  • Assignment of Management Agreement means the Assignment of Management Agreement and Subordination of Management Fees, dated the same date as this Loan Agreement, among Borrower, Lender and Property Manager, including all schedules, riders, allonges and addenda, as such Assignment of Management Agreement may be amended from time to time, and any future Assignment of Management Agreement and Subordination of Management Fees executed in accordance with Section 6.09(d).

  • Secondment Agreement is defined in Section 2.2.

  • Investment Management Agreement or IMA means the Investment Management Agreement (IMA) dated December 9, 2002, executed between UTI Trustee Company Private Limited and UTI Asset Management Company Limited.

  • 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.

  • Redevelopment Agreement means an agreement between the

  • Existing Facility Agreement means Existing Facility Agreement A, Existing Facility Agreement B, Existing Facility Agreement C and Existing Facility Agreement D and, in the plural, means all of them;

  • Investment Agreements or “Flow-Through Agreements” means written agreements pursuant to which the Partnership will subscribe for Flow-Through Shares (including Flow-Through Shares issued as part of a unit) or agreements by the Partnership to otherwise invest in or purchase securities of a Resource Issuer, and in respect of Flow-Through Shares comprised of units, the Resource Issuer will covenant and agree:

  • Treasury Management Agreement means any agreement governing the provision of treasury or cash management services, including deposit accounts, overdraft, credit or debit card, funds transfer, automated clearinghouse, zero balance accounts, returned check concentration, controlled disbursement, lockbox, account reconciliation and reporting and trade finance services and other cash management services.

  • 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:

  • Client Agreement means the agreement between the Company and the Client, which together with the Terms of Business are defined as “Operative Agreements” and govern the terms on which the Company deals with the Client.

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

  • Development Agreements means all development, utility or similar agreements included in the Permitted Encumbrances.