Qualified Brand definition

Qualified Brand means (i) Marriott, (ii) Hilton, (iii) Hyatt Hotels Corporation and (iv) Starwood Hotels and Resorts Worldwide.
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Qualified Brand means (i) Marriott International, Inc., (ii) Hilton Worldwide Holdings Inc, (iii) Hyatt Hotels Corporation and (iv) InterContinental Hotels Group PLC. “Qualified Franchise Agreement” shall mean a franchise, trademark and license agreement with respect to the Property approved by Lender in writing (which such approval shall not be unreasonably withheld, conditioned or delayed) with a Qualified Franchisor (whether contained in a stand-alone franchise agreement or subsumed within a management or other agreement) containing substantially the same scope of Hotel Brand Agreements that appear in the Franchise Agreement being replaced (or such portion thereof as may be reasonably acceptable to Lender (which approval may be conditioned upon Xxxxxx’s receipt of a Rating Agency Certificate with respect to such agreement)). “Qualified Franchisor” shall mean (i) Hilton, Hyatt, Marriott and/or InterContinental Hotels or (ii) a reputable and experienced franchisor possessing experience in flagging hotel properties similar in size, scope, use and value as the Property and approved by Agent in writing (which such approval may be granted or withheld in Lender’s reasonable discretion and may be conditioned upon Xxxxxx’s receipt of a Rating Agency Confirmation, to the extent that any Securities are then outstanding, with respect to such Person). “Qualified Insurer” shall have the meaning set forth in Section 9.1 hereof. “Qualified Manager” shall mean (i) Manager, (ii) a Brand Manager for a brand comparable or better than the brand being terminated or (iii) a reputable and experienced professional management organization approved by Agent (which such approval may, at Xxxxxx’s option, and to the extent that any Securities are then outstanding, be conditioned upon Agent’s receipt of a Rating Agency Confirmation with regard to both the identity of the proposed manager and the replacement management agreement pursuant to which such manager will be employed). “Rating Agencies” shall mean each of S&P, Moody’s, Fitch, DBRS, Kroll and Morningstar, or any successor thereto, or any other nationally-recognized statistical rating agency which has been approved by Agent, but only to the extent that such Rating Agency has been designated by Agent, or is anticipated to be designated by Agent, in connection with any Secondary Market Transaction. “Rating Agency Confirmation” shall mean a written affirmation from each of the Rating Agencies (obtained at Borrower’s sole cost and expense) that th...
Sample 1
Qualified Brand means (i) Marriott International Inc., (ii) Hilton Worldwide Holdings Inc., (iii) Hyatt Hotels Corporation or (iv) InterContinental Hotels Group, marketed as IHC Hotels & Resorts.
Sample 1

Examples of Qualified Brand in a sentence

  • The Releasees are not responsible for fraudulent calls/mail/e-mails made or sent to Qualified Brand Ambassadors by third parties in connection with Qualified Brand Ambassadors’ participation in this program.

  • All Qualified Brand Ambassadors agree to abide by all of the instructions and decisions of the Company.

  • Those points allows the TRAINEE to become a Qualified Brand Partner with the ability to start earning commissions on sales to customers or enrolling TRAINEEs and/or AFFILIATEs to build a CENTROPIX business, if they choose to do so.

  • Qualified Brand Ambassadors may subsequently opt-out of receiving further emails as set forth in the Privacy Policy.

  • To qualify for the program, each Qualified Brand Ambassador agrees to abide by these Rules, which are subject to change without notice to Qualified Brand Ambassadors.

  • By agreeing to program parameters, Qualified Brand Ambassadors may be sharing their personal information with the Company.

  • To qualify for the program, each Qualified Brand Ambassador automatically releases each of the Releasees (as defined below) and any other person or entity associated in any way with the program from any and all liability arising in any manner from the program, including without limitation, the selection of any program Award achievers, the administration of the program, and the acceptance or the use of any or all of the program Award as awarded.

  • The Canadian Silver Business Builder program and awards arising therefrom is open to Qualified Brand Ambassadors as defined under Section 3 of the Rules, residing in Canada (excluding the province of Quebec) who are of legal age by January 1, 2023.

  • To achieve Silver rank, Brand Ambassadors must: (i) be a Qualified Brand Ambassador; and (ii) have at least three personally sponsored, Qualified Brand Ambassadors.

  • The program is open to Qualified Brand Ambassadors in good standing in accordance with Plexus’ Brand Ambassador Agreement and Policies and Procedures throughout the program period, who achieve a certain number of new Silvers in that specific quarter as defined above.


More Definitions of Qualified Brand

Qualified Brand means a hotel brand of any Individual Property existing on the Closing Date or any other hotel brand as set forth in Schedule IV attached hereto.
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Related to Qualified Brand

  • Qualified GIC A guaranteed investment contract or surety bond providing for the investment of funds in the Custodial Account and insuring a minimum, fixed or floating rate of return on investments of such funds, which contract or surety bond shall:

  • Qualified vendor means a vendor who:

  • Qualified business means an eligible business that:

  • Qualified Basis means the portion or percentage of the Eligible Basis that qualifies for the Tax Credit. It is calculated by multiplying the Eligible Basis by the Applicable Fraction.

  • Qualified User means a person (e.g., employee, consultant, contingent staff) who: (1) is a user of a Qualified Device, or (2) accesses any server software requiring an Enterprise Product Client Access License or any Enterprise Online Service. It does not include a person who accesses server software or an Online Service solely under a License identified in the Qualified User exemptions in the Product Terms.

  • Qualified Affiliate means an Affiliate of a Lender who has executed and delivered to the Administrative Agent an instrument of adhesion in the form set forth in Schedule J.

  • Qualified physician means any physician who has not been excluded under the provisions of subpart I of this part. Except as otherwise provided by regulation, a qualified physician shall be deemed to be designated or ap- proved by OWCP.

  • Qualified third party means 1 or more of the following:

  • Qualified buyer means an applicant who meets the criteria in section 4.

  • qualified U.S. Bank means a qualified U.S. bank as defined in Rule 17f-5 under the Investment Company Act of 1940;

  • Qualified service provider means a Person with specific educational training or at least two years of experience in delivering the Supportive Service(s).

  • Qualified long-term care services means services that meet the requirements of Section 7702(c)(1) of the Internal Revenue Code of 1986, as amended, as follows: necessary diagnostic, preventive, therapeutic, curative, treatment, mitigation and rehabilitative services, and maintenance or personal care services which are required by a chronically ill individual, and are provided pursuant to a plan of care prescribed by a licensed health care practitioner.

  • Outside Entity means any:

  • Qualified wages means wages you paid during the one-year period beginning with the date an ex-offender begins working for you. Only wages that are subject to unemployment tax under IRC Section 3306 qualify. This includes amounts in excess of the maximum taxable wage. Wages paid during any period for which you received federally funded payments for on-the-job training for the ex-offender do not qualify.

  • Health care facility or "facility" means hospices licensed

  • Qualified small business means an entity, whether organized as a corporation, partnership, or proprietorship, organized for profit with its principal place of business located within this state and which meets the following criteria:

  • Qualified patient means a “qualified patient” as defined in Health and Safety Code Section 11362.7(f).