Common use of Program Representatives Clause in Contracts

Program Representatives. Each of PIM and Ashford shall appoint one (1) person to serve as its Program Representative. PIM initially designates J▇▇ ▇▇▇▇▇▇ as its Program Representative, and Ashford initially designates D▇▇▇▇ ▇▇▇▇▇▇ as its Program Representative. No action requiring the consent of both parties hereto or by the Program Representatives shall be taken under this Agreement without the unanimous consent of the Program Representatives.

Appears in 2 contracts

Sources: Investment Program Agreement (Ashford Hospitality Trust Inc), Investment Program Agreement (Ashford Hospitality Trust Inc)