Common use of FORM OF GUARANTY Clause in Contracts

FORM OF GUARANTY. This GUARANTY (“Guaranty”) is executed as of , 2007, by , a organized and existing under the laws of (“Guarantor”), in favor of and for the benefit of Marriott International, Inc., a Delaware corporation (“Franchisor”). In consideration of and as an inducement to Franchisor to execute the Franchise Agreement dated as of , 2007 (as such agreement may be amended, supplemented, restated or otherwise modified, the “Agreement”), by and between Franchisor and (“Franchisee”), Guarantor hereby agrees as follows:

Appears in 3 contracts

Sources: Franchise Agreement (Apple REIT Eight, Inc.), Franchise Agreement (Apple REIT Eight, Inc.), Franchise Agreement (Apple REIT Eight, Inc.)

FORM OF GUARANTY. This GUARANTY (“Guaranty”) is executed as of , 20072005, by , a organized and existing under the laws of (“Guarantor”), in favor of and for the benefit of Marriott International, Inc., a Delaware corporation (“Franchisor”). In consideration of and as an inducement to Franchisor to execute the Franchise Agreement dated as of , 2007 2005 (as such agreement may be amended, supplemented, restated or otherwise modified, the “Agreement”), by and between Franchisor and (“Franchisee”), Guarantor hereby agrees as follows:

Appears in 1 contract

Sources: Franchise Agreement (Apple REIT Seven, Inc.)

FORM OF GUARANTY. This GUARANTY (“Guaranty”) is executed as of , 20072006, by by, a organized and existing under the laws of (“Guarantor”), in favor of and for the benefit of Marriott International, Inc., a Delaware corporation (“Franchisor”). In consideration of and as an inducement to Franchisor to execute the Franchise Agreement dated as of , 2007 2006 (as such agreement may be amended, supplemented, restated or otherwise modified, the “Agreement”), by and between Franchisor and (“Franchisee”), Guarantor hereby agrees as follows:

Appears in 1 contract

Sources: Franchise Agreement (Apple REIT Seven, Inc.)