Common use of Operation of Other Hotels Clause in Contracts

Operation of Other Hotels. During the Term and except for the Hotel, neither Manager nor any of its Affiliates shall acquire, lease, own, manage or operate, directly or indirectly, any hotel, inn, motel or other type of lodging facility, regardless of whether similar to the Hotel or whether operated under the same or a different brand, in the geographic area that is within a one-mile radius of the front door of the Hotel, except that Manager or its Affiliates may acquire, lease, own, manage or operate hotels listed in Schedule 1 attached hereto.

Appears in 2 contracts

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