20 - Economic Development Agreement with Emerald Hospitality LLC Home 2 Suites by Hilton

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The City's obligation to pay the Annual Grants shall be conditioned upon the compliance and satisfaction by the Companyof the terms and conditions of this Agreement and each of the conditions set forth in this Article V. 5.2 Mf!d Standing. The Companynot have an uncured!; *f this Agreement. Company5.3 Room Nights. Subject to availability and reasonable advance notice, the agrees to tduring the City may utilize these room nights. A room night shall be the use of one room per nights allotted to the City per this section. Notwithstanding the foregoing, on an annual basis, Company shall provide to the City by January 31 st of each year this Agreement is in effect, certain proposed "blackout dates" which the City cannot utilize for purposes of this Section; provided however, the "blackout dates" shall be subject to the mutual agreement the a Agreement5.4 Event Center Use. Subject to availability and reasonable advance notice, the Company agrees to provide the City with five (5) days' use of the event space every year during which the City may utilize the space Notwithstanding the foregoing, on an annual basis, Company shall provide to the City by January 31st of each year this proposed "blackout iti"cannot purposesi`; provided however, the "blackout dates" 1,'^ subject mutual agreement ; 5.5 Required Use. During the period beginning on the E-6ective Date anU continuing until the Expiration Date, the Leased ; purpose other than the Required Use, and the operation of the Leased Premises in conformance f Required Us" shall not ceasemore 0 continuous days except connection ! ! the extent of of Force Majeure.