Marriott Property definition

Marriott Property means each Individual Property that is occupied and operated by Marriott as a Marriott hotel franchise, and is managed by Marriott.
Marriott Property shall have the meaning given in Section 19.2.
Marriott Property means all information, materials, data, software, equipment, documents, images, files, and other property, whether tangible or intangible, including computer software, owned, acquired, developed or licensed by Marriott prior to or independently of this Agreement. Marriott Property includes derivative works of the foregoing even if created during performance under this Agreement. Marriott shall retain all right, title and interest, including copyright and patent rights, in and to Marriott Property, and OCC obtains no right, title, or interest therein, except that OCC may use Marriott Property for the sole, exclusive and limited purpose of performing the Services in compliance with the terms and conditions of this Agreement. OCC shall comply with the terms of any license or other agreement applicable to such Marriott Property of which it is given notice by Marriott. All Marriott Property consisting of information shall be deemed to be Marriott’s confidential information subject to the confidentiality provisions of this Agreement. OCC shall not use, assign, convey, or otherwise transfer any Marriott Property in any manner other than as expressly instructed by Marriott in writing or as otherwise permitted by this Agreement.

Examples of Marriott Property in a sentence

  • If at any time Marriott is no longer Manager of any Marriott Property pursuant to the terms and provisions of the applicable Management Agreement, Borrower shall comply with all of the insurance, casualty and condemnation requirements and obligations set forth in this Agreement and in the other Loan Documents with respect to such Individual Property.

  • Demolition Purchase Option: Marriott Owner has the option to purchase the Foundation Parcel at any time after December 31, 2013 if Marriott Owner intends to demolish the hotel at the Marriott Property, which option is exercised by notice from Marriott Owner to Mayo.

  • If the Services generate work products, then to the extent work products contain OCC Property or Marriott Property, including derivative works thereof created during performance under this Agreement, each party shall retain its ownership rights to its property in such work products.

  • In the case of the Marriott Property which is a Leasehold Interest, SPTMRT has good record and marketable title to such Leasehold Interest.

  • OCC shall not use, assign, convey, or otherwise transfer any Marriott Property in any manner other than as expressly instructed by Marriott in writing or as otherwise permitted by this Agreement.

  • In the case of each Marriott Property and Brookdale Property, the title thereto of SPTMRT or SPTBROOK, as applicable, is free and clear of all Liens and other matters affecting title, except for the Mortgages, the Assignments of Leases, Rents and Lease Guaranties, Permitted Encumbrances and such other matters as are set forth in the Title Insurance Policies.

  • OCC shall comply with the terms of any license or other agreement applicable to such Marriott Property of which it is given notice by Marriott.

  • Neither Borrower, SPTMRT, SPTBROOK nor any of Borrower's other Subsidiaries is in default under or with respect to any Contractual Obligation in any respect which could have a MAC with respect to any Marriott Property or Brookdale Property or a Material Adverse Effect.

  • All material assessments for public improvements that have been made against any Marriott Property or Brookdale Property have been paid or provided for, except that in the case of any assessments that are payable in installments, all installments due have been paid or provided for, subject to such exceptions which are not reasonably likely to have, in the aggregate, a MAC with respect to any Marriott Property or Brookdale Property.

  • Marriott Property shall include all customer and/or guest information, including names or other information relating to or traceable to the guest or customer, as well as hotel occupancy information, guest billing information not related to usage of the OCC Service, or other usage data and any other information about actions, services, events, or activities occurring in or requested from Marriott or its managed or franchised hotels.


More Definitions of Marriott Property

Marriott Property means the real property affected or formerly affected by that certain Purchase and Development Agreement among American Ski, Marriott Ownership Resorts, Inc. and Borrower dated July 22, 1998, as amended on March 10, 2000; the foregoing property being more particularly described on Exhibit "J" attached hereto and made a part hereof.

Related to Marriott Property

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Common Property , in relation to a scheme, means-

  • Joint Property means property that is owned by 2 or more persons with rights of survivorship, and includes a tenancy by the entireties in real property, a tenancy in personal property as provided in section 1 of 1927 PA 212, MCL 557.151, a joint tenancy, a joint tenancy with rights of survivorship, and a joint life estate with contingent remainder in fee. For purposes of this part, joint property is considered to consist of a present interest and a future interest. The future interest is the right of survivorship.

  • Adjacent Property means all land adjoining and surrounding the Stadium Site on which will be located any public streets, sidewalks, plazas, or bridges and any public or private parking facilities or other accoutrements to be developed by Authority or other parties in connection with the Project.

  • School property means in or within any building, structure, athletic playing field, playground, parking lot or land contained within the real property boundary line of a public elementary or secondary school, or in or on a school bus, as defined in Vehicle and Traffic Law §142.