Common use of Excluded IT Systems Clause in Contracts

Excluded IT Systems. The IT Systems set forth in Schedule 2.2.5 (the “Excluded IT Systems”). Notwithstanding the foregoing, it is contemplated that certain of the Excluded IT Systems may continue to be used in the Business at the Hotel pursuant to and subject to the terms and provisions of the Management Agreement;

Appears in 1 contract

Sources: Purchase and Sale Agreement (Ashford Hospitality Trust Inc)

Excluded IT Systems. The IT Systems set forth in Schedule 2.2.5 (the “Excluded IT Systems”). Notwithstanding the foregoing, it is contemplated that certain of the Excluded IT Systems may continue to be used in the Business at the Hotel pursuant to and subject to the terms and provisions of the Management Agreement. In the event that any item listed on Schedule 2.1.5 is also listed on Schedule 2.2.5, then this Section 2.2.5 shall control;

Appears in 1 contract

Sources: Purchase and Sale Agreement (Lasalle Hotel Properties)