Restaurants and Bars, Etc. The Seller shall cause the transactions in the restaurants and bars in the Hotel to be closed out as of the Cut-Off Time and all revenues with respect thereto and with respect to other services to guests of the Hotel, including without limitation, health club revenues, room service revenues and banquet revenues, if any, shall be prorated between the Seller and the Buyer as of the Cut-Off Time.
Appears in 5 contracts
Samples: Assignment and Assumption Agreement (Carey Watermark Investors Inc), Assignment and Assumption Agreement (Carey Watermark Investors Inc), Assignment and Assumption Agreement (Carey Watermark Investors Inc)
Restaurants and Bars, Etc. The Seller shall cause close out the transactions in the restaurants and bars in the Hotel to be closed out as of the Cut-Off Time and all revenues with respect thereto and with respect to other services to guests of the Hotel, including without limitation, health club revenues, room service revenues and banquet revenues, if any, shall be prorated between the Seller and the Buyer as of the Cut-Off Time.
Appears in 3 contracts
Samples: Agreement of Purchase and Sale (Interstate Hotels & Resorts Inc), Agreement of Purchase and Sale (Interstate Hotels & Resorts Inc), Agreement of Purchase and Sale (Interstate Hotels & Resorts Inc)
Restaurants and Bars, Etc. The Seller shall cause Manager to close out the transactions in the restaurants and bars in the Hotel to be closed out as of the Cut-Off Time and all revenues with respect thereto and with respect to other services to guests of the Hotel, including including, without limitation, health club revenues, room service revenues and banquet revenues, if any, shall be prorated between the Seller and the Buyer as of the Cut-Off Time.
Appears in 1 contract
Samples: Hotel Purchase and Sale Agreement (Sotherly Hotels Lp)
