Initial Reservation definition
Examples of Initial Reservation in a sentence
A confirmation listing arrival and departure dates, property information and the rental amount due will be emailed to you upon acceptance of your reservation request and receipt of your Initial Reservation Payment.
In the event the Purchaser fails to return signed Purchase Agreement and the Additional ▇▇▇▇▇▇▇ Money Deposit within ten (10) days after being presented with such Notice, Seller shall refund the Initial Reservation Deposit, and neither party shall have any further rights or obligations hereunder.
Failure to have reserved the Initial Reservation on or prior to the Closing Date, or failure to have reserved the Subsequent Reservation, pursuant to this Section 5(e) for three (3) consecutive business days or ten (10) days in the aggregate after July 31, 2008 (or such later date as may be approved with the consent of the holders of Series A-1 Stock) shall be a material default of the Company’s obligations under this Agreement and an Event of Default under the Certificate of Designations.
Additionally, Lender shall loan the Community the funds necessary to acquire the Initial Reservation, have those lands placed into trust for the benefit of the Community, and plan, develop and construct the Gaming Enterprise, under the terms and conditions set forth hereunder.
The purpose of this Funding and Loan Agreement is to memorialize certain agreements reached between the parties concerning Lender's financial support for the acquisition of certain lands for the Community's Initial Reservation, the development of portions of the Initial Reservation for the operation of a tribal Gaming Enterprise, and the 2 utilization of Lender's consulting services in the technical operation of the proposed Gaming Enterprise on the Community's Initial Reservation.
Community shall furnish Lender with a survey of the Initial Reservation prepared by an accredited land surveyor, which survey shall locate all property lines, easements, rights of way or other physical matters affecting the use or development of the property.
The Connections, subject of this Initial Reservation Option, will benefit from the same tariff reductions as the Connection leased firm, provided the option is converted into a firm order before 1st April 1998 and that the Delivery Dates of these Connections are at the latest: ##MATERIAL OMITTED AND SEPARATELY FILED UNDER A REQUEST FOR CONFIDENTIAL TREATMENT## for Connection 4 ##MATERIAL OMITTED AND SEPARATELY FILED UNDER A REQUEST FOR CONFIDENTIAL TREATMENT## for Connections 2, 3 and 5.
Purchaser shall not be entitled to any interest on the Initial Reservation Deposit, which will be held in a non-interest bearing account.
All cancellations are subject to the following: • 60 day minimum notice is required for cancellation on all rentals • If the above notice requirements are met, we will refund your Initial Reservation Payment less a $25 per night cancellation fee.
This will be collected at the time the reservation is made and will be in addition to the 25% Initial Reservation Payment.