Ownership of the Hotel. A. Owner and Landlord hereby covenant that neither will hereafter impose or consent to the imposition of any liens, encumbrances or other charges, except as follows:
Ownership of the Hotel. Unless stated in Item 17 of Exhibit A, Franchisee represents and warrants that either: (i) it is the sole owner of the Hotel and holds good and marketable fee title to the Approved Location; or (ii) the Approved Location is subject to a valid purchase contract, and on closing of such contract, Franchisee will be the sole owner of the Hotel and will hold good and marketable fee title to the Approved Location. If the Approved Location is subject to a purchase contract, Franchisee will deliver a copy of the recorded deed in Franchisee’s name to Franchisor no later than the Construction Start Deadline.
Ownership of the Hotel. Franchisee hereby represents, warrants and covenants to Franchisor that (i) Owner is the sole owner of the Hotel, (ii) the Hotel is leased to Franchisee pursuant to the Lease, and (iii) the Lease grants Franchisee full and exclusive control of the Hotel and all rights, powers and authority with respect to the Hotel required or desirable for the performance of Franchisee’s obligations hereunder. To the extent that the Lease provides that any of the obligations of Franchisee hereunder are to be performed by Owner, Franchisee agrees that it will cause Owner to perform such obligations in accordance with this Agreement. Franchisee acknowledges and agrees that neither the existence of the Lease nor any terms thereof that require Owner to perform obligations of Franchisee hereunder will serve as an assignment of such obligation to Owner (or Franchisor’s consent thereto) or will relieve Franchisee of any obligation under this Agreement, and Franchisee covenants that the Lease shall in no way limit or restrict Franchisor’s rights or remedies under this Agreement.
Ownership of the Hotel. Owner represents and warrants that it is the sole owner of the Hotel and holds good and marketable fee title to the Approved Location.
Ownership of the Hotel. A. Owner hereby covenants that: (i) Owner holds leasehold title to the Site pursuant to the Hotel Lease; (ii) Landlord holds good and marketable fee title to the Site; and (iii) Landlord will have, keep, and maintain good and marketable fee title to the Hotel free and clear of any and all liens, encumbrances or other charges, except as follows:
Ownership of the Hotel. A. Primary Manager hereby covenants that it will exercise its rights under the Primary Management Agreement (i) to cause Wyndham to have, keep, and maintain good and marketable leasehold title to the Hotel (ii) to cause Wyndham to cause Owner to have, keep and maintain good and marketable fee title to the Site, in each case free and clear of any and all liens, encumbrances or other charges, except as follows:
Ownership of the Hotel. A. Owner hereby covenants that it holds good and marketable fee title to the Site, subject to the exceptions set forth on the title policy attached as Exhibit E hereto, and that, during the Term, it will have and maintain good and marketable fee title to the Site free and clear of any and all liens, encumbrances or other charges, except as follows:
Ownership of the Hotel. 3.01 Ownership of the Hotel ----------------------
Ownership of the Hotel. Franchisee hereby represents, warrants and covenants to Franchisor that (i) Franchisee is the sole owner of the Hotel and (ii) Franchisee holds good and marketable fee title to the Approved Location.
Ownership of the Hotel. 8.01 Ownership of the Hotel A. Owner hereby covenants that it holds fee [ORLANDO: leasehold] title to the Site, subject to the exceptions set forth on Exhibit F, and that, subject to Article X, Owner will have, keep, and maintain fee [ORLANDO: leasehold] title to the Hotel free and clear of any and all liens, encumbrances or other charges, except as follows:
