Common use of Valet Parking Clause in Contracts

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

Appears in 1 contract

Samples: Asset Purchase Agreement (Station Casinos Inc)

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

Appears in 1 contract

Samples: Purchase and Sale Agreement (Fitzgeralds Gaming Corp)

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

Appears in 1 contract

Samples: Asset Purchase Agreement (Santa Fe Gaming Corp)

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

Appears in 1 contract

Samples: Purchase and Sale Agreement (Majestic Star Casino LLC)

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

Appears in 1 contract

Samples: Purchase and Sale Agreement (Majestic Investor Capital Corp)

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