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Common use of Use of Properties Clause in Contracts

Use of Properties. Each Property consists solely of a hotel and related operations and is used for no other purpose.

Appears in 4 contracts

Sources: Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc)

Related Clauses

  • Use of Property
  • Use of Project
  • Sale of Properties
  • Lease of Property
  • Operation of Properties

Parent Clauses

  • REPRESENTATIONS AND WARRANTIES
  • Borrower Representations
  • Borrowers’ Representations
  • Permitted Mezzanine Loan
  • Conditions Precedent to Closing

Sub-Clauses

  • San Carlos Property
  • Beverly Property
  • Maintenance
  • Compliance with Laws and Permits
  • Roads
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