Conditions Precedent to a Hotel Property Qualifying as an Eligible Property. In order for an Initial Property or a Future Property to qualify initially and thereafter to continue to qualify as an Eligible Property, the following conditions precedent must be satisfied and remain satisfied for that Property:
Appears in 2 contracts
Sources: Senior Unsecured Credit Agreement (Lasalle Hotel Properties), Senior Unsecured Credit Agreement (Lasalle Hotel Properties)
Conditions Precedent to a Hotel Property Qualifying as an Eligible Property. In order for an Initial Property or a Future Property to qualify initially and thereafter to continue to qualify as an Eligible Property, the following conditions precedent must be satisfied and remain satisfied for that Property:
Appears in 2 contracts
Sources: Credit Agreement (American General Hospitality Corp), Credit Agreement (American General Hospitality Corp)