Marriott Properties definition
Examples of Marriott Properties in a sentence
Notwithstanding anything in the MVW License Agreement and Marriott Rewards Agreement to the contrary and subject to the terms and conditions set forth in this Article II, Marriott will be permitted to implement the Cross Redemption Policy; provided, however, that (a) Marriott Rewards points and Marriott Rewards Elite Status will be earned only at participating Marriott Properties and (b) SPG points and SPG Elite Status will be earned only at participating Starwood Properties.
In furtherance of the foregoing, (i) brochures and solicitations for SPG (but not Marriott Rewards) may be made available at Starwood Properties and through other Starwood brand channels, and (ii) brochures and solicitations for Marriott Rewards (but not SPG) may be made available at Marriott Properties and through other Marriott brand channels.
Marriott will place (a) a hyperlink to ▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ on the ▇▇▇▇▇▇▇▇.▇▇▇ website and (b) a hyperlink to ▇▇▇▇▇▇▇▇.▇▇▇ on the ▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ website; provided, for the avoidance of doubt, that customers will not be able to search for or reserve Starwood Properties on ▇▇▇▇▇▇▇▇.▇▇▇ or search for or reserve Marriott Properties on ▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇.
Searches of such public records as Administrative Agent may require showing no Liens against the Marriott Properties and Brookdale Properties (or related personal property or fixtures), the Marriott Leases, the Marriott Lease Guaranties, the Brookdale Master Lease, the Brookdale Lease Guaranty or any other property of either Guarantor other than the Liens of the Loan Documents.
An Appraisal for each of the Marriott Properties and Brookdale Properties, in an aggregate amount for all such Properties not less than $500,000,000.
Copies of the occupancy certificate and the certificate of need, if applicable, for each of the Marriott Properties and Brookdale Properties, issued by the appropriate Governmental Authorities, except for any such certificate which Borrower has advised Administrative Agent in writing prior to the Closing Date is unavailable.
A current survey and legal description for each of the Marriott Properties and Brookdale Properties, certified to Administrative Agent and the Title Company, by a surveyor on a certificate satisfactory to Administrative Agent, and evidence as to whether the respective Property is located in a Special Flood Hazard Area as defined by the United States Department of Housing and Urban Development.
Sonder will reimburse Marriott for any costs associated with the relocation of people to other Marriott Properties as a result of, or subsequent to, such people receiving such notice, including costs associated with relocating Loyalty Redemptions reservations.
Evidence that the insurance required by Sections 6.6 of this Agreement, and by the Marriott Leases and the Brookdale Master Lease, is in effect as therein required with respect to each of the Marriott Properties and Brookdale Properties, as applicable, with the Administrative Agent named as an additional insured or mortgagee and loss payee as appropriate.
From time to time during the term of this Agreement, Administrative Agent may, in its sole discretion, order an Appraisal of one or more of the Marriott Properties and Brookdale Properties.