Common use of Liquor Inventory Clause in Contracts

Liquor Inventory. “Liquor Inventory” means all liquor, wine, beer and other alcoholic beverages held for sale to Hotel guests and others in the Ordinary Course or otherwise used in the operation of the Hotel.

Appears in 3 contracts

Samples: Agreement of Purchase and Sale (Apple REIT Seven, Inc.), Agreement of Purchase and Sale (Chesapeake Lodging Trust), Agreement of Purchase and Sale (Pebblebrook Hotel Trust)

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Liquor Inventory. “Liquor Inventory” means all liquor, wine, beer and other alcoholic beverages held for sale to Hotel guests and others in the Ordinary Course or otherwise used in the operation of the Hotel, including the inventory located in the mini-bars of the Hotel rooms.

Appears in 1 contract

Samples: Agreement for Purchase and Sale (Ashford Hospitality Prime, Inc.)

Liquor Inventory. Liquor Inventory" means all liquor, wine, beer and other alcoholic beverages held for sale to Hotel guests and others in the Ordinary Course or otherwise used in the operation of the Hotel.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (CNL Hospitality Properties Inc)

Liquor Inventory. “Liquor Inventory” means all liquor, wine, beer and other alcoholic beverages held for sale to Hotel guests and others in the Ordinary Course or otherwise used in the operation of the Hotel, including (without limitation) the alcoholic beverage contents of any in-room servi-bars and mini-bars.

Appears in 1 contract

Samples: Joint Escrow Instructions (Marcus Corp)

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Liquor Inventory. “Liquor Inventory” means all liquor, wine, beer and other alcoholic beverages held for sale to Hotel guests and others in the Ordinary Course or otherwise used in the operation of the Hotel, including, without limitation, the contents of any in-room servi-bars and mini-bars.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Highland Hospitality Corp)

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