Advance Bookings. Buyer shall assume and honor for its account all Bookings relating to dates after the Proration Time set forth on the Schedule of Advance Bookings delivered by Seller to Buyer at the Close of Escrow pursuant to SECTION 4.2.1.9.
Advance Bookings. All Advance Bookings will be disclosed in the Due Diligence Materials.
Advance Bookings. Buyer shall receive a credit for advance payments and security deposits, if any, under advance room and event bookings to the extent they relate to a period after the Cutoff Time.
Advance Bookings. Buyer shall assume and honor for its account all Bookings relating
Advance Bookings. All Advance Bookings will be disclosed in the Due Diligence Materials and shall be updated and provided to Purchaser at day 15, day 30, and day 40, during the term of this Agreement.
Advance Bookings. Any Advance Bookings will be paid to Buyer or, at Buyer’s option, credited to Buyer at Closing;
Advance Bookings. To Seller’s knowledge, the Advance Bookings are true and correct in all material respects.
Advance Bookings. The Performer cannot be booked more than 12 months in advance of the Client’s Event date.
Advance Bookings. 48 20. LICENSE, FRANCHISE AND MANAGEMENT AGREEMENT......................... 49 20.1
Advance Bookings. Buyer shall assume, recognize and honor, for its own account, the terms and rates of all Hotel Bookings made before the Effective Date. Hotel Bookings made between the Effective Date and Closing which are arm's length transactions entered into in accordance with Seller's standard operating procedures shall be included within the Hotel Bookings assigned by Seller and assumed by Buyer pursuant to the Assignment and Assumption of Hotel Bookings, except that any such Hotel Bookings which are described in Section 11.14(h) shall not be so ---------------- included unless Seller obtains Buyer's prior written consent to same before entering into same. Buyer shall not be obligated to honor any "trade out agreements" for which Seller has received the benefit of prior to the Closing Date and Seller shall be responsible for the payment of same. Buyer recognizes that Hotel Bookings may include discounts or other benefits, including, without limitation, corporate, government or group discounts, weekend discounts or requirements that Buyer provide ancillary food, beverage or other benefits to the guests holding such reservations. Buyer agrees that Seller cannot make and has not made any representation or warranty that any party holding a Hotel Booking will utilize or honor such Hotel Booking. Buyer acknowledges the risk of non-utilization and non-performance of Hotel Bookings, and acknowledges that some holders of Hotel Bookings may cancel specifically because of the sale of the Hotel. All cancellation fees and forfeited deposits which accrue or are retainable after the Closing Date shall belong to Buyer. The provisions of this Section 19 shall survive the Closing. ----------
