Common use of Operating Standards Clause in Contracts

Operating Standards. The Operation of the Hotel at a level comparable to the operation of hotels of similar class and standing in the area in which the Hotel is located, and in a physical condition substantially similar to that of the Hotel as of the Opening Date (or, after the completion of the renovations contemplated by the Initial Improvements and other improvements required for the level of the Hotel’s condition and operation to meet the level of the condition and operation of System Hotels of similar class and standing to the Hotel, the condition of the Hotel after the completion of such Initial Improvements and other improvements) and taking into account the making and completion of the Maintenance and Repairs and Capital Improvements required throughout the Operating Term pursuant to Article 9, all in accordance with this Agreement and the System.

Operating Standards. The Operation of the Hotel at a level comparable to the operation of hotels of similar class and standing in the area in which the Hotel is located, and in a physical condition substantially similar to that of the Hotel as of the Opening Date Date, (or, after the completion of the renovations contemplated by the Initial Improvements and other improvements required for the level of the Hotel’s condition and operation to meet the level of the condition and operation of System Hotels of similar class and standing to the Hotel, the condition of the Hotel after the completion of such Initial Improvements and other improvements) and taking into account the making and completion of the Maintenance and Repairs and Capital Improvements required throughout the Operating Term pursuant to Article 9, all in accordance with this Agreement and the System.