Common use of ALTERATIONS AND/OR ADDITIONS Clause in Contracts

ALTERATIONS AND/OR ADDITIONS. When improvements, alterations and/or additions are to be made to the property, *** shall carry them out. ***. THIS EXHIBIT HAS BEEN REDACTED AND IS THE SUBJECT OF A CONFIDENTIAL TREATMENT REQUEST. REDACTED MATERIAL IS MARKED WITH A *** AND HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. Such improvements, alterations and/or additions, once installed and concluded, shall become part of the HOTEL. SEVENTEEN. PREVENTIVE MAINTENANCE. *** shall maintain the HOTEL in good operating conditions, notwithstanding reasonable wear and tear and damages caused as a result of fires, riots, disasters, events of force majeure or acts of God or other similar accidents. The expenses incurred by the *** in maintaining and repairing the HOTEL for its proper functioning shall be borne solely by the ***.

ALTERATIONS AND/OR ADDITIONS. When improvements, alterations and/or additions are to be made to the property, *** shall carry them out. ***. Such improvements, alterations and/or additions, once installed and concluded, shall become part of the HOTEL. SIXTEEN. PREVENTIVE MAINTENANCE. *** shall maintain the HOTEL in good operating conditions, notwithstanding reasonable wear and tear and damages caused as a THIS EXHIBIT HAS BEEN REDACTED AND IS THE SUBJECT OF A CONFIDENTIAL TREATMENT REQUEST. REDACTED MATERIAL IS MARKED WITH A *** AND HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. Such improvements, alterations and/or additions, once installed and concluded, shall become part of the HOTEL. SEVENTEEN. PREVENTIVE MAINTENANCE. *** shall maintain the HOTEL in good operating conditions, notwithstanding reasonable wear and tear and damages caused as a result of fires, riots, disasters, events of force majeure or acts of God or other similar accidents. The expenses incurred by the *** in maintaining and repairing the HOTEL for its proper functioning shall be borne solely by the ***.