Hotel Property definition

Hotel Property means a Property on which there is located an operating hotel.
Hotel Property for any hotel means the Real Property and the Personal Property for such hotel.
Hotel Property means a Portfolio Property that is (i) operated by or on behalf of one or more Subsidiaries of the Company as a hotel and (ii) designated as a “Hotel Property” in a written notice executed by a Responsible Officer of the REIT and delivered to the holders.

Examples of Hotel Property in a sentence

  • Notwithstanding the foregoing, no merger, dissolution, liquidation, or consolidation shall be permitted if, as a result of such transaction, the Core Hotel Property of each Pledged Property is no longer owned or leased pursuant to Qualified Ground Leases in its entirety by an Unencumbered Property Owner whose Capital Stock is pledged pursuant to the Pledge Agreement in accordance with Section 7.14.


More Definitions of Hotel Property

Hotel Property means the same as that term is defined in Section 63N-2-502.
Hotel Property means each Hotel owned or leased by the Company or any of its Subsidiaries (including the furniture, fixture and equipment thereon).
Hotel Property means a qualified hotel and any property that is included in the same development as the qualified hotel, including convention, exhibit, and meeting space, retail shops, restaurants, parking, and other ancillary facilities and amenities.
Hotel Property means a qualified hotel and any property that is included in the
Hotel Property means any Property that is used in whole or in part for hotel purposes, including, without limitation, any motels, motor inns, or hotels and the like (full service, select service, extended stay or otherwise), whether in fee or leasehold, together with any improvements and fixtures now or hereafter located thereon, all rights, privileges and easements appurtenant thereto, and all tangible and intangible personal property used in connection therewith.
Hotel Property means each hotel owned or leased by the Borrower or any of its Subsidiaries (including the furniture, fixture and equipment thereon), provided that the term "Hotel Property" shall not include any casino -------- or gaming hotel.
Hotel Property means any Property, the improvements on which are operated as a hotel, inn or the providing of lodging or leisure services, together with any incidental improvements on such Property operated in connection with such hotel, inn, lodging or leisure facility.