Common use of Cash on Hand Clause in Contracts

Cash on Hand. Any and all till money and house banks, and all checks, travelers’ checks, and bank drafts paid by guests of the Hotel and located at the Property, specifically excluding, however, all Account Cash.

Appears in 4 contracts

Samples: Assignment and Assumption Agreement (Chesapeake Lodging Trust), Agreement for Sale and Purchase (Hersha Hospitality Trust), Assignment and Assumption Agreement (Carey Watermark Investors 2 Inc)

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Cash on Hand. Any and all till money and house banks, and all checks, travelers’ checks, and bank drafts paid by guests of the Hotel and located at the Property, specifically excluding, however, all Account CashCash and all Reserves.

Appears in 1 contract

Samples: Agreement for Sale and Purchase of Hotel (Strategic Hotel Capital Inc)

Cash on Hand. Any and all till money and in the house banks, bank and all checks, travelers’ checks, checks and bank drafts paid by guests of the Hotel and located at the PropertyProperty and any other deposits remaining for the benefit of Purchaser, specifically excluding, however, excluding all Account Cash (collectively, the “Cash-On-Hand”).

Appears in 1 contract

Samples: Purchase and Sale Agreement (Clearview Hotel Trust, Inc.)

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Cash on Hand. Any and all till money and house banks, and any and all money in vending machines, postage meters, pay phones, laundry machines and other cash-operated equipment and all checks, travelers’ checks, and bank drafts paid by guests of the Hotel and located at the Property, specifically excluding, however, all Account CashCash and Deposits.

Appears in 1 contract

Samples: Agreement for Sale and Purchase (Strategic Hotels & Resorts, Inc)

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