Common use of MANAGEMENT OF THE DEVELOPMENT Clause in Contracts

MANAGEMENT OF THE DEVELOPMENT. The Lessee is notified about, accept and will be not against that this condominium development will get a hotel license and will be operated as a hotel by the management company or other assigned company or hotel brand during next 15 years.

Appears in 3 contracts

Sources: Leasehold Agreement, Leasehold Agreement, Leasehold Agreement