Hotel Work definition

Hotel Work means Construction Work and/or Renovation Work, as the case may be and the context requires.
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Hotel Work means Construction Work and/or Renovation Work, as the case may be.
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Hotel Work means, collectively, the "Seller's Turnover Work," the "Seller's Additional Work" and the "Seller's Additional Shaft Work" as described in the Hotel Purchase Agreement.
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Examples of Hotel Work in a sentence

  • Once commenced, the Hotel Work will continue uninterrupted except to the extent continuation is prevented by events of Force Majeure.

  • You will bear the entire cost of the Hotel Work, including the cost of the Plans and Designs, professional fees, licenses, permits, equipment, furniture, furnishings and supplies.

  • You are solely responsible for ensuring that the Plans and Designs (including Plans and Designs for Hotel Work) comply with our then-current Standards, the Manual, and all Laws.

  • Borrower shall cause Redevelopment LLC to use commercially reasonable efforts to complete all Hotel Work as required under the Hotel Purchase Agreement prior to the date on which Borrower will begin to incur the "Daily Late Payment" described therein.

  • While an Event of Default or Potential Default exists, Collateral Agent shall not be obligated to release to Borrower any portion of the Hotel Work Reserve, and while an Event of Default exists, Collateral Agent shall be entitled, without notice to Borrower, to apply any funds in the Hotel Work Reserve to satisfy Borrower's obligations under the Loan Documents.

  • You are solely responsible for obtaining all necessary licenses, permits and zoning variances required for the Hotel Work.

  • Borrower grants to Collateral Agent (on behalf of the Lenders) a security interest in all funds on deposit in the Hotel Work Reserve.

  • You are solely responsible for obtaining all necessary licenses, permits and zoning variances required for the Hotel Work, and for ensuring that all Hotel Work complies with the Standards, the Manual, any PIP, and all Laws.

  • Provided that Borrower is able to certify that neither Borrower nor Renovation LLC has received any such notice, nor has any such actual knowledge, Collateral Agent shall release the balance of the Hotel Work Reserve to Borrower.

  • You will perform or cause the Hotel Work to be performed in accordance with this Agreement, the approved Plans and Designs, the Manual and, for Renovation Work, the PIP.