Hotel Lease definition

Hotel Lease shall have the meaning ascribed to it in Recital B.

Hotel Lease shall have the meaning set forth in the second paragraph of ----------- this Agreement.

Hotel Lease has the meaning set forth in Section 5.9(d) of this Agreement.

Examples of Hotel Lease in a sentence

• As disclosed in the Offering Circular, each of the Hotel Lease and Management Agreements is for a term commencing from the Listing Date and expiring on the tenth anniversary of the Listing Date, subject to renewal for a further term of ten years.

• Details of the New Hotel Lease Agreement and the Car Park Lease Agreement are set out in the Acquisition Circular and a separate waiver for the New Hotel Lease Agreement and the Car Park Lease Agreement will be sought from the Independent Unitholders.

• Landlord represents and agrees that in the event of the cancellation or termination of the Hotel Lease for any reason, this Agreement shall remain in full force and effect with Landlord substituted as Owner hereunder.

• Our Company has formally taken the Shambhu Lodge, currently known as Osiya Shambhu Lodge from Rajesh Kumar Negi, our promoter and Managing Director and Mukesh Kumar Negi through a Hotel Lease Agreement dated September 1, 2021 on a yearly lease rent of ` 2,40,000 and ` 10,000 per month for extra expenses.

• Owner, as tenant, and Landlord, are parties to that certain Master Hotel Lease executed on even date herewith wherein Owner leased the Site from Landlord.

More Definitions of Hotel Lease

Hotel Lease means the Lease Agreement related to the Site described on Exhibit 3.23 attached hereto, together with all amendments, assignments, restatements, extensions, supplements, and exhibits thereto.

Hotel Lease shall have the meaning ascribed to it in Section B of the Recitals. “Impositions” shall have the meaning ascribed to it in Section 4.07.

Hotel Lease means the hotel lease agreement dated as of the Effective Date between the Landlord and the Owner, pursuant to which the Landlord leases the Hotel to Owner.

Hotel Lease means, with respect to any Individual Property, the lease agreement in effect from time to time between an Individual Borrower and the applicable Hotel Lessee for the use and operation of each Individual Property and all amendments, modifications, renewals, substitutions or replacements of each such lease. The initial Hotel Leases in effect as of the date hereof are identified on Schedule III attached hereto.

Hotel Lease has the meaning provided in the Recitals to this Agreement.

Hotel Lease means that certain Lease Agreement dated as of December 19, 1997, as amended, between Owner and Wine Country Hotel, LLC.

Hotel Lease means the Amended and Restated Hotel Lease, dated March 9, 2005, by and between the Company and E&W, as in effect on the Issue Date, without giving effect to any amendment or supplement thereto or modification thereof, except such amendments, supplements and modifications that are not, individually or in the aggregate (together with any other amendments, supplements or modifications to any of the Lease-Related Agreements or License Agreements), adverse to Noteholders.