Hotel Real Property definition

Hotel Real Property means Real Property that operates or is intended to be operated as a hotel, motel or other lodging for transient use of rooms or is a structure from which a hotel, motel or other lodging for transient use of rooms is operated or intended to be operated.
Hotel Real Property means (x) each Real Property constituting an all-inclusive hotel resort owned, operated, managed and/or developed by a Restricted Subsidiary of the Borrower and (y) any undeveloped Real Property acquired by a Restricted Subsidiary of the Borrower, for which such Restricted Subsidiary has entered into a definitive agreement to develop such Real Property and construct an all-inclusive hotel resort and the purchase price, construction costs and other expenditures in respect thereof are in excess of $10,000,000.
Hotel Real Property means any real property (and related assets) and the improvements thereto that is or is intended to be used in connection with the Business of the Consolidated Group.

Examples of Hotel Real Property in a sentence

  • Short title.This subtitle may be cited as the "Adams Morgan Hotel Real Property Tax Abatement Jobs Requirements Clarification Act of 2013".

  • The balances of contract assets as of December 31, 2018 and January 1, 2018 were $8,969 and $3,480, respectively.

  • Adams Morgan Hotel Real Property Tax Abatement Jobs Requirement Clarification 32 Subtitle N.

  • Any Mortgagee’s interest in the Hotel, Real Property and other assets of Lessee or Lessee that comprise the Hotel shall be senior to the rights and interests of Operator or any Affiliate thereof.

  • Adams Morgan Hotel Real Property Tax Abatement Act of 2010, effective April 8, 2011 (D.C. Law 18-370; 58 DCR 1008).

  • Adams Morgan Hotel Real Property Tax Abatement Jobs Requirement Clarification 30 Subtitle N.

  • Subtitle II (X) Funds for Ward 1 Public Housing Properties Amendment Act of 2019‌ BackgroundThe Adams Morgan Hotel Real Property Tax Abatement Act of 201057 provided for a 20-year abatement of real property taxes beginning with the hotel’s receipt of a permanent certificate of occupancy, provided certain conditions, such as employment of District residents, were met.

  • Tolling Agreement - Park Intermediate Holdings LLC - Hyatt Centric Hotel- Real Property Transfer Tax Dispute]Resolution approving a Tolling Agreement to extend the statute of limitations for Park Intermediate Holdings LLC for the Hyatt Centric Hotel to bring potential litigation against the City and County of San Francisco for a refund of real property transfer tax to allow for possible resolution of the matter without litigation.


More Definitions of Hotel Real Property

Hotel Real Property will have the meaning set forth in Section 2.10(a).
Hotel Real Property means the Hotel Land and the Hotel ------------------- Improvements.
Hotel Real Property means the Real Property exclusive of the 0000 Xxxx Xxxx Xxxxxx Tower.

Related to Hotel Real Property

  • Real Property means any estates or interests in real property now owned or hereafter acquired by any Grantor and the improvements thereto.

  • Residential real property means real property improved by a one to four family dwelling used or occupied, or intended to be used or occupied, wholly or partly, as the home or residence of one or more persons, but shall not refer to (a) unimproved real property upon which such dwellings are to be constructed or (b) condominium units or cooperative apartments or (c) property on a homeowners’ association that is not owned in fee simple by the seller.

  • Hotel Property for any hotel means the Real Property and the Personal Property for such hotel.

  • Leased Real Property has the meaning set forth in Section 3.18(b).

  • Mortgaged Real Property means each of the parcels of real property set forth on Schedule 4 hereto, or interests therein, owned in fee by a Credit Party, together with each other parcel of Real Property that shall become subject to a Mortgage after the Closing Date, in each case together with all of such Credit Party’s right, title and interest in the improvements and buildings thereon and all appurtenances, easements or other rights belonging thereto.

  • Company Leased Real Property shall have the meaning set forth in Section 3.15(b).

  • Real Properties means, at any time, a collective reference to each of the facilities and real properties owned, leased or operated by the Consolidated Parties at such time.

  • Real Property Assets means, as of any time, the real property assets (including interests in participating mortgages in which the Borrower’s interest therein is characterized as equity according to GAAP) owned directly or indirectly by the Borrower, EQR and the Consolidated Subsidiaries of either or both at such time.

  • Rental Property means a hotel room, vacation home, or other rental property You booked for Your stay during Your Trip.

  • Real Estate Leases has the meaning set forth in Section 2.1(d)(ii).

  • Transferred Real Property shall have the meaning set forth in Section 1.2(a)(vii).

  • Real Property Interests means all interests in Owned Real Property and Leased Real Property, including fee estates, leaseholds and subleaseholds, purchase options, easements, licenses, rights to access, and rights of way, and all buildings and other improvements thereon and appurtenant thereto, owned or held by Sellers that are used in the business or operations of the Stations, together with any additions, substitutions and replacements thereof and thereto between the date of this Agreement and the Closing Date, but excluding the Excluded Real Property Interests.

  • Owned Real Property has the meaning set forth in Section 4.10(a).

  • Real Property Lease has the meaning set forth in Section 3.9(b).

  • Owned Real Properties has the meaning set forth in Section 3.16(b).

  • Estate in Real Property A fee simple estate in a parcel of land.

  • Unimproved Real Property means Property in which the Company has an equity interest that was not acquired for the purpose of producing rental or other operating income, that has no development or construction in process and for which no development or construction is planned, in good faith, to commence within one (1) year.

  • Material Leased Real Property shall have the meaning set forth in Section 3.17(b).

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • the Property means the Property more particularly described in Condition 2 of the Conditions of Sale (as defined in 1.6 below);

  • Ground Leases Those certain leases with respect to real property that is a portion of the Leased Property, pursuant to which Landlord is a tenant and which leases have either been approved by Tenant or are in existence as of the date hereof and listed on Schedule A hereto.

  • Permitted Real Property Encumbrances means (i) those liens, encumbrances and other matters affecting title to any Mortgaged Property listed in the applicable title policy in respect thereof (or any update thereto) and found, on the date of delivery of such title policy to the Administrative Agent in accordance with the terms hereof, reasonably acceptable by the Administrative Agent, (ii) as to any particular real property at any time, such easements, encroachments, covenants, restrictions, rights of way, minor defects, irregularities or encumbrances on title which do not, in the reasonable opinion of the Administrative Agent, materially impair such real property for the purpose for which it is held by the mortgagor or owner, as the case may be, thereof, or the Lien held by the Administrative Agent, (iii) municipal and zoning laws, regulations, codes and ordinances, which are not violated in any material respect by the existing improvements and the present use made by the mortgagor or owner, as the case may be, of such real property, (iv) general real estate taxes and assessments not yet delinquent, and (v) such other items as the Administrative Agent may consent to.

  • Leased Land means land which is the subject of a lease granted under section 60 or 93G; S. 3 def. of "lessee" amended by No. 39/1997 s. 4(2)(b).

  • The Properties means and refer to all such existing properties, and additions thereto, as are subject to this Declaration or any Supplemental Declaration under the provisions of Article II, hereof.

  • Leased Personal Property shall have the meaning given such term in Section 2.1(e).

  • Residential real estate means any real property located in this state, upon which is constructed or intended to be constructed a dwelling;