Existing Hotels definition

Existing Hotels has the meaning set forth in the Recitals.
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Existing Hotels means Hotels that are managed or owned by Marriott as of the Effective Date.
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Existing Hotels means the Hotels listed on Exhibit A attached hereto, as such Exhibit A is amended or supplemented from time to time by written agreement between FelCor and BHR. GAAP--shall mean, as of any date of determination, accounting principles (a) set forth as generally accepted in then currently effective Opinions of the Accounting Principles Board of the American Institute of Certified Public Accountants, (b) set forth as generally accepted in then currently effective Statements of the Financial Accounting Standards Board or (c) that are then approved by such other entity as may be approved by a significant segment of the accounting profession in the United States of America. The term "consistently applied," as used in connection therewith, means that the accounting principles applied are consistent in all material respects to those applied at prior dates or for prior periods. Guaranty--shall mean a Guaranty of a Percentage Lease substantially in the form attached hereto as Exhibit C. Hostile Change of Control--shall mean, at the relevant time, (i) any event resulting in any "person" or "group" (within the meaning of Sections 13(d) and 14(d) of the 1934 Act), other than United/Harvxx Xxxdings, L.P. or any Affiliate thereof, becoming the beneficial owner (as defined in Rules 13d-3 and 13d-5 under the 1934 Xxx) xxrectly or indirectly, of more than fifty percent (50%) of the total voting power of all classes of capital stock of BHR or, if applicable, the ultimate parent ("Parent"), at the relevant time, of BHR or a Lessee or an Affiliated Manager then outstanding and entitled to vote generally in elections of directors ("Voting Stock") and such beneficial ownership was acquired within a period of two (2) years following a tender offer by such person (or any of its Affiliates) for shares of Voting Stock of such Parent or a solicitation of proxies with respect to Voting Stock of such Parent by such person, if, in either case, such tender offer or solicitation of proxies was not approved by a majority of the Board of Directors of such Parent in office at the time such tender offer or proxy solicitation was commenced, or (ii) a majority of the Board of Directors of the Parent, at the relevant time, being constituted of individuals who were elected pursuant to a solicitation of proxies with respect to Voting Stock of such Parent, if such solicitation of proxies was not approved by a majority of the Board of Directors of such Parent in office at the time such solicitation...
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Examples of Existing Hotels in a sentence

  • European Hotel Fire Safety: An Analysis of the Implementation and Impact of the 1986 EC Recommendations on Fire Safety in Existing Hotels, by Stewart Kidd, p.

  • European Hotel Fire Safety: An Analysis of the Implementation and Impact of the 1986 EC Recommendations on Fire Safety in Existing Hotels, by Stewart Kidd, pp.

  • Assistance in preparing motions for, or objections to, parenting time may be obtained through private counsel or by attending the monthly FOC General Informational Meeting (see page 33).

  • Guidance for hotels is contained in the Guide to Fire Precautions in Existing Hotels, Guesthouses and Similar Premises.

  • Table 8: Summary of Existing Hotels and Other Serviced Accommodation In parallel with this a private sector developer, SHELCO, has received outline planning permission for their Wirebird Hills hotel and golf course development in the west of the island, and have stated their intention to commence development of the first phase.

  • In Johannesburg, representation was much more diverse, with significant numbers from other African countries, South-East Asia and China, and the Arab countries, to name just a few.

  • The Percentage Leases will require Lessors to be responsible for the completion of certain contemplated renovations to Existing Hotels as generally set forth in the budgets on Schedule 1 hereto, with the nature and timing of such renovations to be agreed to between the parties in good faith.

  • The guide supersedes a previously published booklet - Fire Protection for Hotels - Information for owners of Existing Hotels which dealt in a general way with some aspects of fire safety.

  • No outside repairs to vehicles or respraying be permitted Planning Application 04/0814/FP/M - Quality Hotel, Penn Road, Wolverhampton: Erection of a Three Storey Building Containing 39 Additional Hotel Bedrooms, Extension to Car Parking Area with Associated Landscaping and Amendments to Existing Hotels Internal Layout Councillor Foster referred to previous concerns in respect of adequate car park spaces at the application site.

  • Existing Hotels / Restaurants / Pubs and ClubsThere are a considerable number of pubs / bars in Ballyclare town centre.

Related to Existing Hotels

  • 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.

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

  • Existing Project is a Project that has achieved Commercial Operation on or prior to the Execution Date.

  • Existing Property means all property against which ad valorem property taxes were levied by a local unit for its concluding fiscal year, minus all property that is considered losses for purposes of ad valorem property tax levies of the local unit for the ensuing fiscal year.

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

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

  • Shopping Center means the Shopping Center identified on the initial page hereof.

  • Existing uses means those uses actually attained in a water body on or after November 28, 1975, whether or not they are included in the water quality standards.

  • Courtyard means a space permanently open to sky, with or without pergola, enclosed fully or partially by buildings and may be at ground level or any other level within or adjacent to a building;

  • Hotel Property means a Property on which there is located an operating hotel.

  • 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.

  • Existing Building means a building that (a) was in existence and completely constructed on the date that the Applicant first submitted its Application, or (b) in respect of which the IESO has, in its sole and absolute discretion, issued a written confirmation that the building will be deemed an Existing Building for the purposes of the definition of Rooftop Facility.

  • Playground means a public outdoor recreation area for children, usually equipped with swings, slides, and other playground equipment, owned and/or managed by a city, county, state, or federal government.

  • Existing Leases means those leases, license agreements and occupancy agreements identified on Schedule 2.1.3, as the same may be amended or modified from time to time in accordance with the terms of this Agreement.

  • Campground means that term as defined in section 12501 of the public health code, Act No. 368 of the Public Acts of 1978, being section 333.12501 of the Michigan Compiled Laws, except that campground does not include land or sites operated by this state or the federal government, and does not include a membership campground.

  • Initial Properties means collectively the Properties listed on Schedule 1.1 and “Initial Property” means any of such Properties.

  • Golf Course means the 18 hole golf course constructed on the Pearl Valley Estate;

  • Shopping Centre means a grouping of commercial retail outlets which have been designed, developed and managed as a unit by a single owner or group of owners or tenants located on the same lot or lots with a frontage not less than 45 metres and having common on-site parking;

  • Space Leases means any Lease or sublease thereunder (including, without limitation, any Major Space Lease) or any other agreement providing for the use and occupancy of a portion of the Property as the same may be amended, renewed or supplemented.

  • New Leases means, collectively, any lease for space at the Property entered into between the Commencement Date and the Closing Date.

  • Real Estate Leases is defined in Section 4.7.

  • Existing Facilities means all existing buildings and other facilities, the sites for the buildings or facilities, and furnishings or equipment for the buildings or facilities located on real property acquired by the building authority under the terms of this act.

  • School property means in or within any building, structure, athletic playing field, playground, parking lot or land contained within the real property boundary line of a public elementary or secondary school, or in or on a school bus, as defined in Vehicle and Traffic Law §142.

  • Property Owner Association Property means, for each Fiscal Year, any property within the boundaries of IA No. 1 that was owned by a property owner association, including any master or sub-association, as of January 1 of the prior Fiscal Year.

  • Commercial property means property formerly or currently used primarily for business, retail, governmental or professional purposes.

  • Amenities are those areas specifically set forth in the Rules and Regulations for the Community.