Hotel Purchase Agreement definition

Hotel Purchase Agreement means that certain Agreement for Purchase and Sale of Hotel Property and the Development of a Hotel dated May 15, 2007 by and between Borrower and Modern Magic Hotel, LLC ("Hotel Buyer"), as amended by that certain Sixth Amendment to Agreement for the Purchase and Sale of Hotel Property and the Development of a Hotel dated as of March 18, 2008 between Borrower and Hotel Buyer and as previously amended as described in Recital A of such Sixth Amendment.
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Hotel Purchase Agreement means the Land Purchase Contract attached hereto as Exhibit A
Sample 1

Examples of Hotel Purchase Agreement in a sentence

  • When we launch the product, it will then be 100 per cent right for the customer.tests will also provide valuable information to our NPD-colleagues.

  • On February 9, 2007, the company signed another Hotel Purchase Agreement to sell the Days Inn—Fredericksburg—North and the Days Inn—Bossier with settlement to take place on July 31, 2007.

  • In pertinent part, the Hotel Purchase Agreement provides that “[i]f [M Street] asserts a claim against [the Hotel Investors], the [Hotel Investors] will have the right and the option to participate in .

  • Financial Status and Capacity C.1 Financial Status Requirement:(i) The audited balance sheets and profit & loss account/ annual report for the last 5 financial years [FY 2011-12 to FY 2015-16] shall be submitted and must demonstrate the current soundness of the Applicant’s financial position and indicate its prospective long-term profitability in terms of: a.

  • On February 9, 2007, the company signed another Hotel Purchase Agreement to sell the Days Inn - Fredericksburg - North and the Days Inn - Bossier with settlement to take place on July 31, 2007.

  • On February 9, 2007, the Company signed a Hotel Purchase Agreement to sell the following properties: the Days Inn - Alexandria, the Days Inn - Fredericksburg - South, the Comfort Inn - Alexandria, and the Days Inn - Shreveport with settlement to take place on March 30, 2007.

  • Each of the two Hotel Companies which is a corporation (a "Corporate Hotel Company") shall enter into either an Agreement of Merger (a "Merger Agreement") and/or a Purchase and Sale Agreement (a "Hotel Purchase Agreement") with RRF.

  • All the conditions to closing of the Hotel Purchase Transaction shall have been satisfied or waived, and the parties to the Hotel Purchase Agreement shall be ready, willing and able to close the Hotel Purchase Transaction simultaneously with the Transactions.

  • Unless Purchaser and Seller mutually agree ------------------ otherwise, the Closing of this Agreement is conditioned upon there being no failure of a condition precedent under Article 10 of that certain Hotel Purchase Agreement (the "Dependent Contract") of the same date as this Agreement between Renthotel Utah, L.C. ("RUL") and Purchaser providing for the sale and purchase of the Salt Lake City Doubletree hotel located at 00 X.

  • Concurrently with the Formation, RRF, at Wirtx'x xxxion, will issue to parties designated by Wirtx, xxrsuant to an Exchange Agreement between RRF and such parties (the "Exchange Agreement"), 200,000 presently authorized but unissued RRF Shares in exchange for $1,000,000 of equity interests in the Hotel Companies which otherwise would be transferred pursuant to the Operating Partnership Agreement, the Merger Agreement or the Hotel Purchase Agreement.

Related to Hotel Purchase Agreement

  • Rental-purchase agreement means an agreement for the use of personal property by a lessee primarily for personal, family, or household purposes, for an initial period of 4 months or less that is automatically renewable with each payment after the initial period and that permits the lessee to become the owner of the property. Rental-purchase agreements shall not include any of the following:

  • Additional Purchase Agreement means each Additional Purchase Agreement (including the related Additional Xxxx of Sale, the related Blanket Endorsement and any attachments thereto), substantially in the form of Attachment C hereto (of which these Master Terms form a part by reference, provided that in the event of a substitution, the form will be modified accordingly), to be executed by SLM ECFC, Funding and the Interim Eligible Lender Trustee for the benefit of Funding, which certifies that the representations and warranties made by SLM ECFC as set forth in Sections 5(A) and (B) of these Master Terms are true and correct as of the related Purchase Date.

  • Original Purchase Agreement has the meaning set forth in the recitals to this Agreement.

  • Note Purchase Agreement means the Note Purchase Agreement, dated as of the Issuance Date, among the Company, the Subordination Agent, the Escrow Agent, the Paying Agent, and the Pass Through Trustee under each Pass Through Trust Agreement providing for, among other things, the issuance and sale of certain equipment notes, as the same may be amended, supplemented or otherwise modified from time to time in accordance with its terms.

  • hire-purchase agreement means an agreement, other than a conditional sale agreement, under which—

  • Initial Purchase Agreement means the Purchase Agreement (including the related Blanket Endorsement, Initial Xxxx of Sale and any attachments thereto) substantially in the form of Attachment A hereto (of which these Master Terms form a part by reference), to be executed by VL Funding, the VL Funding Eligible Lender Trustee on behalf of VL Funding, Funding and the Interim Eligible Lender Trustee on behalf of Funding, which shall certify that the representations and warranties made by VL Funding as set forth in Sections 5(A) and (B) and by the Servicer as set forth in Section 5(C) of these Master Terms are true and correct as of the Closing Date.

  • Loan Purchase Agreement The Loan Purchase Agreement described in the Recitals to this Agreement, which Loan Purchase Agreement incorporates the terms of the Aurora Loan Services Seller Guide, as the same may be amended from time to time.

  • Lease-purchase agreement means an agreement for the use of personal property by an individual for personal, family or household purposes, for an initial period of four months or less, that is automatically renewable with each payment after the ini- tial period, but does not obligate or require the consumer to continue leasing or using the property beyond the initial period, and that permits the consumer to become the owner of the property.

  • Receivables Purchase Agreement means the receivables purchase agreement, dated as of the Closing Date, between AHFC and the Seller, as amended or supplemented from time to time.

  • Note Purchase Agreements means (i) that certain Note Purchase Agreement, dated as of April 16, 2014 among the Parent, the Borrower, and the purchasers party thereto, (ii) that certain Note Purchase Agreement, dated as of December 18, 2014 among the Parent, the Borrower, and the purchasers party thereto, and (iii) that certain Note Purchase Agreement, dated as of June 13, 2018, among the Parent, the Borrower, and the purchasers party thereto, in each case as amended from time to time.

  • Unit Purchase Agreement means the Common Unit and Class B Unit Purchase Agreement, dated as of December 1, 2006, among the Partnership and the purchasers named therein.

  • Mortgage Loan Purchase Agreement The agreement between the Seller and the Depositor, regarding the transfer of the Mortgage Loans by the Seller to or at the direction of the Depositor, substantially in the form of Exhibit D annexed hereto.

  • Series B Purchase Agreement means that certain Series B Preferred Stock Purchase Agreement, dated as of November 10, 2015, as amended and supplemented to date, by and among the Company and the investors signatory thereto.

  • Series A Purchase Agreement means the Series A Preferred Unit Purchase Agreement, dated as of June 20, 2017, by and among the Partnership and the Series A Purchasers thereunder, as may be amended from time to time.

  • Bond Purchase Agreement means a Bond Purchase Agreement, dated as of the sale of the Series KK-2019 Bonds, entered into by and between KUB and the Underwriter, in substantially the form of the document attached hereto as Exhibit A, subject to such changes as permitted by Section 9 hereof, as approved by the President and Chief Executive Officer of KUB, consistent with the terms of this resolution;

  • Sale and Purchase Agreement means the sale and purchase agreement entered into or to be entered into on the date of this Agreement between the Investor and the Company in the agreed form;

  • Share Purchase Agreement has the meaning set forth in the Recitals.

  • Purchase Agreement shall have the meaning set forth in the preamble.

  • Aircraft Purchase Agreement Has the meaning specified in the NPA.

  • Master Purchase Agreement has the meaning set forth in the recitals.

  • Stock Purchase Agreement means the agreement between the Company and a Purchaser who acquires Shares under the Plan that contains the terms, conditions and restrictions pertaining to the acquisition of such Shares.

  • Securities Purchase Agreement shall have the meaning set forth in the recitals hereto.

  • Equity Purchase Agreement is defined in the recitals to this Agreement.

  • Forward Purchase Agreement means an agreement that provides for the sale of equity securities in a private placement that will close substantially concurrently with the consummation of a Business Combination.

  • Subsequent Mortgage Loan Purchase Agreement The agreement between the Depositor and the Seller regarding the transfer of the Subsequent Mortgage Loans by the Seller to the Depositor.

  • Purchase Agreement Assignment means that certain Purchase Agreement Assignment [NW 1997 J], dated as of March 18, 1998, between Lessee and Lessor, as the same may be amended, supplemented or modified from time to time, with a form of Consent and Agreement to be executed by the Manufacturer attached thereto.