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Common use of Capital Replacements Clause in Contracts

Capital Replacements. acquisition, installation, and replacement of (i) FF&E, and (ii) capital items as required to maintain the Hotel and comply with Brand Standards.

Appears in 6 contracts

Sources: Management Agreement (Capital Lodging), Management Agreement (Capital Lodging), Management Agreement (Capital Lodging)

Related Clauses

  • Replacements and Replacement Reserve
  • Repair and Replacement
  • Tool Replacement
  • Benchmark Replacement
  • Emergency Replacement

Parent Clauses

  • Definitions
  • Business and Affairs in Connection With Enterprise
  • Business and Affairs of the Enterprise
  • Management and Operation of Development
  • Miscellaneous

Sub-Clauses

  • Capital Replacements to require OWNER’s approval
  • Capital Replacements
  • Compliance with Annual Plan
  • Preparation and Submission
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