Host Transaction definition
Examples of Host Transaction in a sentence
Except as contemplated by the Host Transaction Documents, at all times on and after the Initial Borrowing Date and prior to the release of the Corporation from its obligations under the Assigned Starwood Note (and the assignment by the Assigned Starwood Note LLC of its rights thereunder) in connection with the Host Transaction, the Assigned Starwood Note LLC shall at all times own (subject to no Liens) the Assigned Starwood Note.
Customer agrees to pay TSG on a semi-annual basis an additional charge at the rate of [*] per Host Transaction for Host Transactions which exceed the level of [*] Host Transactions per SABRE Booking.
Notwithstanding the foregoing, at all times after the Initial Borrowing Date and prior to the consummation of the Host Transaction, Assigned Starwood Note LLC shall not create, incur or assume any Lien on or with respect to its property or assets.
At all times after the Initial Borrowing Date and prior to the depairing of the Class B shares and the common Stock of the Corporation in connection with the Host Transaction, the Corporation shall maintain, directly or indirectly, voting control of Starwood REIT as well as beneficial ownership of 100% of the Class A shares of Starwood REIT.
Customer agrees that SABREscan will be measured monthly using a twelve-month rolling average, and Customer agrees to pay TSG on a quarterly basis an additional charge at the rate of [*] per Host Transaction for Host Transactions which exceed the level of [*] Host Transactions per SABRE Booking.