MHP Properties definition

MHP Properties shall not include (i) any property owned by tenants, guests, licensees or concessionaires of or to such MHP Property or MHP Properties, or (ii) any MHP Property or MHP Properties released from the Lien of the Security Documents pursuant to the provisions of Section 2.3 or 2.6 of this Agreement or any Security Document.
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MHP Properties has the meaning set forth in the MHP Loan Agreement. --------------
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MHP Properties means the fee or leasehold estate ------------ -------------- owned by MHP in any or all of those 3 Marriott hotels in San Antonio, Texas, New Orleans, Louisiana, and San Ramon, California, in each case including all improvements thereon, fixtures thereto, direct interests therein, and personal property related thereto or in cluded therein; provided, however, that "MHP -------- ------- Property" or "MHP 12
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Examples of MHP Properties in a sentence

  • MHP is a limited partnership validly existing and in good standing under the laws of the State of Delaware and is qualified to do business in each jurisdiction where the nature of its business or location of the MHP Properties requires it to be so qualified, including Texas, Louisiana and California.

  • MHP shall appear in and defend any Action that might in any way in the good faith judgment of the Lender affect the value of the MHP Properties or the SC Property, title to the MHP Properties or the SC Property, the priority of the MHP Mortgages or the SC Mortgage or the rights and powers of the Lender.

  • Neither the General Partner nor MHP has assets other than those related to the MHP Properties and their respective partnership interests in SC.

  • The General Partner is a corporation validly existing and in good standing under the laws of the State of Delaware and is qualified to do business in each jurisdiction where the nature of its business or location of the MHP Properties requires it to be so qualified.

  • The Annual Plan shall contain provisions for deposit into the Capital Expenditure and FF&E Reserve Account of an aggregate amount equal to at least 4% or 5% of projected Gross Revenues for each year, the specific percentage to be determined by the requirements for such purpose of the Management Agreement relating to each of the MHP Properties.

  • If, in connection with the Securitization, MHP is required to furnish newly issued title policies with respect to the MHP Properties, the Lender shall bear the cost thereof.

  • Neither the General Partner nor MHP has engaged in any business unrelated to the ownership of the MHP Properties and their respective partnership interests in SC.