Definition of Pre-Closing Receivables

  1. Pre-Closing Receivables means any accounts receivable, notes receivable or other obligations arising from or in connection with the ownership, operation and activities of the Hotel up to the Closing Time and attributable to such period of time, including, without limitation, charges for lodging, meals, beverages, conference facilities, recreational activities, leases and facilities and all other matters connected with the Hotel or Property.

Definition of Pre-Closing Receivables in Purchase and Sale Agreement

Pre-Closing Receivables means any accounts receivable, notes receivable or other obligations arising from or in connection with the ownership, operation and activities of the Hotel up to the Closing Time and attributable to such period of time, including, without limitation, charges for lodging, meals, beverages, conference facilities, recreational activities, leases and facilities and all other matters connected with the Hotel or Property.