Hotel Operating Agreement definition

Hotel Operating Agreement means the Agreement between the Owner and the Qualified Hotel Operator governing the operation of the Hotel.
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Hotel Operating Agreement consists of the following:
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Hotel Operating Agreement means an agreement between Lessee and Hotel Operator for the operation and management of the Hotel.
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Examples of Hotel Operating Agreement in a sentence

  • Refer to Section 11.3 for a summary of the terms of the Hotel Operating Agreement.

  • The term automatically extends for further periods of 5 years unless terminated by written notice by MAHM or upon an event of default by either party.Termination upon event of default:The occurrence of an event of default provides the non- defaulting party with the right to terminate the Hotel Operating Agreement on 30 days’ notice.

  • Conflict of interest policy There are a number of related party transactions described in this PDS in relation to the Fund, including the fees payable by the Responsible Entity to other entities within MA Financial Group under the Investment Management Agreement and the Hotel Operating Agreement.

  • More information about the Hotel Operating Agreement can be found at Section 11.3.

  • In addition, the Responsible Entity has appointed MAHM to manage and operate all the Fund’s assets under a Hotel Operating Agreement.

  • PVC is an amazingly versatile and useful polymer and common salt is the secret ingredient of its amazing success.www.suedsalz.de Huge shovel loaders transport the rock salt to the belts.

  • The Board will monitor MAHM’s performance in accordance with the terms of the Investment Management Agreement and Hotel Operating Agreement between Redcape and MAHM.The performance of senior executives all of whom are employees of MAHM (being Redcape Management) is assessed on an annual basis by Moelis Australia in accordance with Moelis Australia’s policies and processes.

  • Accordingly, approval of the Members is sought for payment of compensation to IHCL towards premature termination of Hotel Operating Agreement dated August 24, 2010.

  • Value of Imports calculated on CIF NIL NILBasis of Capital Goods2.12 The Company has entered into The Hotel Operating Agreement (HOA) with Indian Hotel Company Limited (IHCL) on 18th April, 2000.

  • Accordingly, IHCL and the Company are considered as related parties.7. The premature termination of Hotel Operating Agreement is caused by the termination of License Agreement by DIL as a result of change in ownership of DIL.


More Definitions of Hotel Operating Agreement

Hotel Operating Agreement means any brand, trademark, tradename, license, franchise, reservation system, logotype, mxxx, listing system, hotel operating system (including, without limitation, any of the foregoing owned or otherwise controlled by Borrower, Sponsor or Guarantor or any of their respective Affiliates) and any agreements and/or rights to use the foregoing (by law, contract or otherwise), in each case, as would be commonly subsumed into a hotel franchise agreement.
Sample 1
Hotel Operating Agreement means (i) that certain Lodging Management Agreement, by and between the Company and Hotel Operator, dated as of August 14, 2009, as extended, amended, restated, supplemented, superseded or otherwise modified from time to time in accordance with the terms thereof, or (ii) any replacement or successor hotel operating agreement or lodging management agreement between the Company and a successor Hotel Operator, as the same shall be extended, amended, restated, supplemented, superseded or otherwise modified from time to time in accordance with the terms thereof.
Sample 1
Hotel Operating Agreement means that certain Hotel Operating Agreement dated March 8, 2005 executed by and between Borrower and Hotel Operator for management and operation of the Hotel.
Sample 1
Hotel Operating Agreement. That certain W Austin Hotel Operating Agreement by and between Stratus Block 21 Investments, L.P., and Starwood Hotel & Resorts Worldwide, Inc., dated as of October 26, 2006, as amended by First Amendment to Operating Agreement dated January 30, 2008, and Second Amendment to W Austin Hotel Operating Agreement, dated May 6, 2008, as such agreement was assigned by Xxxxxxx Xxxxx 00 Xxxxxxxxxxx, X.X. to Borrower by virtue of that certain Assignment and Assumption Agreement dated as of July 30, 2007; and as such agreement was assigned by Starwood Hotel & Resorts Worldwide, Inc. to Hotel Operator by virtue of that certain Assignment and Assumption Agreement dated as of July 30, 2007.
Sample 1
Hotel Operating Agreement means that certain Hotel Operating Agreement dated as of December 1, 2006, executed by Hotel Lessee and Hotel Manager.
Sample 1

Related to Hotel Operating Agreement

  • PJM Operating Agreement means the Amended and Restated Operating Agreement of PJM or the successor, superseding or amended versions of the Amended and Restated Operating Agreement that may take effect from time to time.

  • Property Management Agreement means any Property Management Agreement between the Company and the Property Manager.

  • Operating Agreement means the agreement, whether or not referred to as an operating agreement and whether oral, in a record, implied, or in any combination thereof, of all the members of a limited liability company, including a sole member, concerning the matters described in section 489.110, subsection 1. The term includes the agreement as amended or restated.

  • Hotel Management Agreement means any hotel management agreement relating to the management and operation of the Real Property together with all supplements, amendments and modifications thereto.

  • Network Operating Agreement means an executed agreement that contains the terms and conditions under which the Network Customer shall operate its facilities and the technical and operational matters associated with the implementation of Network Integration Transmission Service under Tariff, Part III. Network Operating Committee:

  • Co-operation Agreement means the agreement between the Exchange and Oslo Børs with regards to the access to the Linked Order Book;

  • Joint Operating Agreement (JOA) means the operating and participating agreement between the Parties constituting the Contractor that governs their operational activities, obligations and responsibilities under this Contract,

  • Company Operating Agreement means the Restated Operating Agreement of the Company dated August__, 2019, as amended from time to time.

  • leasing agreement means an agreement by which one person (the lessor) grants a right to possession or control of an object (with or without an option to purchase) to another person (the lessee) in return for a rental or other payment;

  • Construction Management Agreement means the Construction Management Agreement, dated as of the date of the Common Agreement, between Construction Manager and the Project Company.

  • Operating Partnership Agreement means the Fifth Amended and Restated Agreement of Limited Partnership of the Operating Partnership, as it may be amended, supplemented or restated from time to time.

  • Asset Management Agreement means, as the context requires, any agreement entered into between a Series and an Asset Manager pursuant to which such Asset Manager is appointed as manager of the relevant Series Assets, as amended from time to time.

  • Management Agreement means the agreement to be entered into between the Borrower and the Manager providing for the ship management and crewing services of the Vessel, such agreement to be in the form and on the terms and conditions required by the Agent;

  • Construction Agreement as used in this subsection means an agreement between Seller and any contractor or subcontractor to install the System;

  • Generation Interconnection Agreement means the generation interconnection agreement to be entered into separately between Seller and PGE, providing for the construction, operation, and maintenance of interconnection facilities required to accommodate deliveries of Seller's Net Output.

  • Redevelopment Agreement means an agreement between the

  • Interconnection Agreement means the interconnection agreement entered into by Seller pursuant to which the Facility will be interconnected with the Transmission System, and pursuant to which Seller’s Interconnection Facilities and any other Interconnection Facilities will be constructed, operated and maintained during the Contract Term.

  • Construction Services Agreement means this Construction Services Agreement, together with any duly authorized and executed amendments hereto.

  • Existing Management Agreement means that certain management agreement between the Seller and the Existing Manager for the operation and management of the Hotel.

  • Easement Agreement means any conditions, covenants and restrictions, easements, declarations, licenses and other agreements which are Permitted Encumbrances and such other agreements as may be granted in accordance with Section 19.1.

  • Construction Service Agreement means either an Interconnection Construction Service Agreement or an Upgrade Construction Service Agreement.

  • Enterprise Agreement means an agreement certified under the Workplace Relations Act 1996 (Cth) or approved under the Industrial Relations Act 1996 (NSW).

  • O&M Agreement means the agreement(s), if any, between the Company and the O&M Contractor for the operation and maintenance of the Facility to be entered into between the Company and the O&M Contractor, as amended or superseded from time to time;

  • Construction Agreements means agreements to which Tenant is a party for Construction Work, rehabilitation, alteration, repair, replacement or demolition performed pursuant to this Lease.

  • Use Agreement means a written agreement between a primary licensee and a Type S applicant or licensee that specifies the designated area of the Type S licensee, the days and hours in which the Type S licensee is assigned to use the common-use area, any allocation of responsibility for compliance pursuant to Section 40196, and an acknowledgement that the Type S licensee has sole and exclusive use of the common- use area during the Type S licensee’s assigned time period.

  • Lease Agreement means the bargain, with respect to the lease, of the lessor and the lessee in fact as found in their language or by implication from other circumstances including course of dealing or usage of trade or course of performance as provided in this article. Unless the context clearly indicates otherwise, the term includes a sublease agreement.