Hotel FF&E definition

Hotel FF&E means the furniture, furnishings, wall coverings, fixtures and hotel equipment for a Hotel and which includes equipment required for operation of the kitchens, restaurants and laundry, office equipment, material handling equipment, cleaning and engineering equipment and vehicles.

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Hotel FF&E means all furniture, furnishings, wall coverings, fixtures, carpeting, rugs, fine arts, paintings, statuary, decorations, and hotel equipment and systems located at, or used in connection with, the operation of the Building and Appurtenances, including without limitation, major equipment and systems required for the operation of kitchens, bars, laundry and dry cleaning facilities, office equipment, dining room wagons, major material handling equipment, major cleaning and engineering equipment, telephone systems, computerized accounting and vehicles together with all replacements therefor and additions thereto, but in all events excluding Operating Equipment and Supplies.

Hotel FF&E means the furniture, furnishings, wall coverings, fixtures and hotel equipment for the Hotel and which includes equipment required for operation of the kitchens, restaurants and laundry, office equipment, material handling equipment, cleaning and engineering equipment and vehicles. "Hotel Standards" shall mean the standards established by the respective Franchisor of the Hotel from time to time as well as those identified in Section 3.02. "Hotel" shall mean the hotel property described in Exhibit A hereto. "Incentive Fees" shall mean incentive compensation paid by Lessee to Operator for performance above budgeted expectations, achievable to a maximum aggregate payout of two percent (2%) of Gross Hotel Income. The following will trigger Incentive Fee payouts:

Examples of Hotel FF&E in a sentence

Management Company shall prepare an estimate (“FF&E Estimate”) of the expenditures necessary during the ensuing Fiscal Year for (i) replacement and renewal of the Hotel FF&E and (ii) building repairs of the nature contemplated by Section 8.02 A 2, and shall submit such FF&E Estimate to TRS for TRS's review and approval at the same time it submits the Preliminary Annual Operating Projection described in Section 9.03.
The Hotel Capital Budget will set forth all projected capital improvements and all projected expenditures for replacements, substitutions and additions to Hotel FF&E for such Fiscal Year, which budget shall also be month-to-month as well as annual.
Management Company shall prepare an estimate (“FF&E Estimate”) of the expenditures necessary for (i) replacement and renewal of the Hotel FF&E and (ii) building repairs of the nature contemplated by Section 8.02 A 2 during the ensuing Fiscal Year, and shall submit such Estimate to Owner for Owner’s review and approval at the same time it submits the Annual Operating Projection described in Section 9.03.
At any time and from time to time, the Manager shall have the right to alter, remodel and/or demolish any improvements now or hereafter situated upon the Land, or within the Hotel, or replace or add to any of the furniture, furnishings, fixtures or equipment, located within the Hotel ("FF&E") in accordance with the express provisions of the CEP Budget (as described in Section 3.16), without the prior consent of the Owner, and in any other manner with the prior written consent of the Owner.
Purchaser expressly acknowledges that any request or requirement of Franchisor for a Property Improvement Plan and/or to upgrade the Hotel or any Hotel FF&E (as defined in the Management Agreement) or other personalty therein shall be Purchaser’s sole responsibility and shall be at Purchaser’s sole cost and expense and notwithstanding anything herein to the contrary, the same is not and shall not be a condition precedent to or of Closing.
Management Company shall prepare an estimate ("FF&E Estimate") of the expenditures necessary during the ensuing Fiscal Year for (i) replacement and renewal of the Hotel FF&E and (ii) building repairs of the nature contemplated by Section 8.02 A 2, and shall submit such FF&E Estimate to Owner for Owner's review and approval at the same time it submits the Preliminary Annual Operating Projection described in Section 9.03.
Management Company shall prepare an estimate (“FF&E Estimate”) of the expenditures necessary for (i) replacement and renewal of the Hotel FF&E and (ii) building repairs of the nature contemplated by Section 8.02 A2 during the ensuing Fiscal Year, and shall submit such Estimate to Owner for Owner’s review and approval at the same time it submits the Annual Operating Projection described in Section 9.03.
The New Hotel will include a building containing not less than _____ (___) guest rooms and suites, not less than __________ square feet of Hotel dedicated conference space, usual first-class Hotel amenities such as food and beverage facilities, health and recreational facilities, and the New Hotel FF&E (as defined below).
All amounts remaining in the Marina Capital Improvement Sinking Fund and the Hotel FF&E Sinking Fund at the close of each Rental Year shall be carried forward and retained until fully used as herein provided.
Management Company shall prepare an estimate ("FF&E Estimate") of the expenditures necessary for (i) replacement and renewal of the Hotel FF&E and (ii) building repairs of the nature contemplated by Section 8.02 A 2 during the ensuing Fiscal Year, and shall submit such Estimate to Owner for Owner's review and approval at the same time it submits the Annual Operating Projection described in Section 9.03.

More Definitions of Hotel FF&E

Hotel FF&E means all machinery, tools, chattels, movables, furniture, furnishings, artwork, equipment, computer hardware and software, radios, televisions, electronics equipment and tangible personal property (including china, glassware, silverware, linen, uniforms and office supplies) used or held for use on site at the Hotel as at the Effective Date subject to any changes or additions made by the Vendor in the ordinary course of business and, in any event, excluding Hotel Inventory, any personal property owned by Tenants or leased by Tenants from Persons other than the Vendor and located within the Tenants’ leased premises in the Hotel or any personal effects of guests of the Hotel.

Hotel FF&E means all machinery, tools, chattels, movables, furniture, furnishings, artwork and equipment and accessories of every nature and kind, including, without limitation, computer hardware owned by the Seller and used or held for use on site at the Hotel as of the Execution Date.

Hotel FF&E means FF&E at the time in question situated at the Premises, whether owned or leased.