Common use of Bookings Clause in Contracts

Bookings. Purchaser shall honor all Bookings made prior to the Closing Date for any period on or after the Closing Date; provided, however, that from the Effective Date until the Closing or earlier termination of this Agreement, Seller shall not make any Bookings for any period on or after the Closing Date which are not in the Ordinary Course of Business without Purchaser’s prior approval.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Pebblebrook Hotel Trust), Purchase and Sale Agreement (Pebblebrook Hotel Trust)

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Bookings. Purchaser shall honor all Bookings made prior to the Closing Date for any period on or after the Closing Date; providedexcluding, however, that from any Bookings by any Person in redemption of any benefits accrued under any preferred guest program. This Section 8.5 shall survive the Effective Date until initial Closing and all subsequent Closings hereunder, as well as the Closing or earlier termination of this Master Purchase and Sale Agreement, Seller shall not make any Bookings for any period on or after the Closing Date which are not in the Ordinary Course of Business without Purchaser’s prior approval.

Appears in 2 contracts

Samples: Master Purchase and Sale Agreement (Hersha Hospitality Trust), Master Purchase and Sale Agreement (Hersha Hospitality Trust)

Bookings. Purchaser Buyer shall honor all Bookings made prior to the Closing Date for any period on or after the Closing Date; provided, however, that from the Effective Date until . This Section 7.5 shall survive the Closing or earlier as well as the termination of this Agreement, Seller shall not make any Bookings for any period on or after the Closing Date which are not in the Ordinary Course of Business without Purchaser’s prior approval.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Condor Hospitality Trust, Inc.)

Bookings. Purchaser shall honor all Bookings made prior to before the Closing Date for any period on or after the Closing Date; provided, however, that from the Effective Date until the Closing or earlier termination of this Agreement, Seller shall not make including any Bookings for by any period on or after the Closing Date which are not Person in redemption of any benefits accrued under any guest loyalty program and complimentary bookings made in the Ordinary Course of Business without Purchaser’s prior approvalBusiness. This Section 12.4 shall survive the Closing.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Alpine Acquisition Corp.)

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Bookings. Purchaser shall honor all Bookings made prior to the Closing Date for any period on or after the Closing Date; provided. This Section 8.5 shall survive the Closing. Fee Seller, however, that from the Effective Date until the Closing or earlier termination of this Agreement, Leasehold Seller and/or Manager shall not make any continue to enter into new Bookings for any period on or after the Closing Date which are not in the Ordinary Course of Business without Purchaser’s prior approvalBusiness.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Braemar Hotels & Resorts Inc.)

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