Common use of Property of Guests Clause in Contracts

Property of Guests. All baggage or other items checked or left in the care of Seller, and any items in the “Lost and Found Bin” will be listed in an inventory, prepared in duplicate and signed by representatives of Seller and Buyer on the Closing Date. Buyer will be responsible from and after the Closing for all property so listed and shall hold harmless, indemnify and defend Seller, from and against any and all Claims arising out of the subsequent loss of or damage to such listed property. Seller shall indemnify Buyer from and against any and all Claims arising out of any loss of or damage to property of guests at the Hotel prior to the Closing or not so listed in such inventory. Seller and Buyer shall use reasonable efforts to have Hotel guests who have left items in any of the Hotel’s safe deposit boxes (not including in-room safes) confirm on the Closing Date that no such items are missing, but Seller shall not be deemed liable for any guest Claim made after the Closing Date with respect to items allegedly left in a Hotel safe deposit box before Closing merely because such items could not be listed on the above-described inventory.

Property of Guests. All baggage or other items checked or left in the care of Seller, and any items in the “"Lost and Found Bin” " will be listed in an inventory, prepared in duplicate and signed by representatives of Seller and Buyer on the Closing Date. Buyer will be responsible from and after the Closing for all property so listed and shall hold harmless, indemnify and defend Seller, from and against any and all Claims arising out of the subsequent loss of or damage to such listed property. Seller shall indemnify Buyer from and against any and all Claims arising out of any loss of or damage to property of guests at the Hotel prior to the Closing or not so listed in such inventory. Seller and Buyer shall use reasonable efforts to have Hotel guests who have left items in any of the Hotel’s 's safe deposit boxes (not including in-room safes) confirm on the Closing Date that no such items are missing, but Seller shall not be deemed liable for any guest Claim made after the Closing Date with respect to items allegedly left in a Hotel safe deposit box before Closing merely because such items could not be listed on the above-described inventory.

Property of Guests. All baggage or other items checked or left in the care of Seller, and any items in the “Lost and Found Bin” will be listed in an inventory, prepared in duplicate and signed by representatives of Seller and Buyer on the Closing Date. Buyer will be responsible from and after the Closing for all property so listed and shall hold harmless, indemnify and defend Indemnify Seller, from and against any and all Claims arising out of the subsequent loss of or damage to such listed property. Seller shall indemnify Indemnify Buyer from and against any and all Claims arising out of any loss of or damage to property of guests at the Hotel prior to the Closing or not so listed in such inventory. Seller and Buyer shall use reasonable efforts to have Hotel guests who have left items in any of the Hotel’s safe deposit boxes (not including in-room safes) confirm on the Closing Date that no such items are missing, but Seller neither Party shall not be deemed liable for any guest Claim made after the Closing Date with respect to items allegedly left in a Hotel safe deposit box before Closing merely because such items could not be listed on the above-described inventory.

Property of Guests. All baggage or other items checked or left in the care of SellerSellers, and any items in the “"Lost and Found Bin” " of any Hotel will be listed in an inventory, prepared in duplicate and signed by representatives of Seller Sellers and Buyer on the Closing Date. Buyer will be responsible from and after the Closing for all property so listed and shall hold harmless, indemnify and defend SellerIndemnify Sellers, from and against any and all Claims arising out of the subsequent loss of or damage to such listed property. Seller Sellers shall indemnify Indemnify Buyer from and against any and all Claims arising out of any loss of or damage to property of guests at the any Hotel prior to the Closing or not so listed in such inventory. Seller Sellers and Buyer shall use reasonable efforts to have Hotel guests who have left items in any of the Hotel’s Hotels' safe deposit boxes (not including in-room safes) confirm on the Closing Date that no such items are missing, but Seller no Party shall not be deemed liable for any guest Claim made after the Closing Date with respect to items allegedly left in a Hotel safe deposit box before Closing merely because such items could not be listed on the above-described inventory.

Property of Guests. All baggage or other items checked or left in the care of SellerSellers, and any items in the “Lost and Found Bin” of any Hotel will be listed in an inventory, prepared in duplicate and signed by representatives of Seller Sellers and Buyer on the Closing Date. Buyer will be responsible from and after the Closing for all property so listed and shall hold harmless, indemnify and defend SellerIndemnify Sellers, from and against any and all Claims arising out of the subsequent loss of or damage to such listed property. Seller Sellers shall indemnify Indemnify Buyer from and against any and all Claims arising out of any loss of or damage to property of guests at the any Hotel prior to the Closing or not so listed in such inventory. Seller Sellers and Buyer shall use reasonable efforts to have Hotel guests who have left items in any of the Hotel’s Hotels’ safe deposit boxes (not including in-room safes) confirm on the Closing Date that no such items are missing, but Seller no Party shall not be deemed liable for any guest Claim made after the Closing Date with respect to items allegedly left in a Hotel safe deposit box before Closing merely because such items could not be listed on the above-described inventory.