Common use of Valet Parking Clause in Contracts

Valet Parking. At the Transfer Time, an authorized representative of Seller shall perform the following functions for all motor vehicles that were checked and placed in the care of Seller: (i) xxxx all motor vehicles with a sticker or tape; (ii) prepare an inventory ("Inventoried Vehicles") of such items indicating the check number applicable thereto; and (iii) transfer control of the Inventoried Vehicles to an authorized representative of Buyer and secure a receipt for the Inventoried Vehicles. Thereafter, Buyer shall be responsible for the Inventoried Vehicles.

Appears in 2 contracts

Samples: Asset and Land Purchase Agreement (Starwood Hotels & Resorts), Asset and Land Purchase Agreement (Sun International Hotels LTD)

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Valet Parking. At the Transfer Time, an authorized representative of Seller shall perform perform, the following functions for all motor vehicles that were checked and placed in the care of SellerSeller at the Property: (i) xxxx all motor vehicles with a sticker or tape; (ii) prepare an inventory of such vehicles ("Inventoried VehiclesINVENTORIED VEHICLES") of such items indicating the check number applicable thereto; and (iii) transfer control of the Inventoried Vehicles to an authorized representative of Buyer Purchaser and secure a receipt for the Inventoried Vehicles. Thereafter, Buyer Purchaser shall be responsible for the Inventoried Vehicles.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Station Casinos Inc), Asset Purchase Agreement (Station Casinos Inc)

Valet Parking. At the Transfer Time, an authorized representative of Seller shall perform the following functions for all motor vehicles that were checked and placed in the care of Seller: (i) xxxx all motor vehicles with a sticker or tape; (ii) prepare an inventory ("Inventoried Vehicles") of such items indicating the check number applicable thereto; and (iii) transfer control of the Inventoried Vehicles to an authorized representative of Buyer Purchaser and secure a receipt for the Inventoried Vehicles. Thereafter, Buyer Purchaser shall be responsible for the Inventoried Vehicles.

Appears in 2 contracts

Samples: Agreement of Purchase and Sale (Union Plaza Hotel & Casino Inc), Agreement of Purchase and Sale (Union Plaza Hotel & Casino Inc)

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Valet Parking. At or within 12 hours before the Transfer Time, an authorized representative representatives of Seller shall perform the following functions for all motor vehicles that were checked and placed in the care of SellerSeller at the Property: (i) xxxx all motor vehicles with a sticker or tape; (ii) prepare an inventory of such vehicles ("Inventoried Vehicles") of such items indicating the check number applicable thereto; and (iiiii) transfer control of the Inventoried Vehicles to an authorized representative of Buyer Purchaser and secure a receipt for 56 the Inventoried Vehicles. Thereafter, Buyer Purchaser shall be responsible for the Inventoried Vehicles.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Bh Re LLC)

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