Common use of Property Defined Clause in Contracts

Property Defined. (a) The Land and the Improvements are sometimes collectively referred to herein as the “Real Property” and the Real Property, the Personal Property, the Bookings, the Service Contracts, the Intangibles, the Consumable Inventory, the Leases, the Receivables and the House Bank Funds are hereinafter sometimes referred to collectively as the “Property”; provided that, the Purchase Price does not include, and shall be adjusted with respect to, the Receivables, the House Bank Funds, the Unopened Inventory and the other adjustment items described in Section 4.4 below.

Appears in 1 contract

Samples: Purchase and Sale Agreement and Joint Escrow Instructions (Ashford Hospitality Trust Inc)

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Property Defined. (a) The Land and the Improvements are sometimes collectively referred to herein as the “Real Property” and the Real Property, the Personal Property, the Bookings, the Service Contracts, the Intangibles, the Consumable Inventory, the Leases, Leases that are in effect as of the Closing and the Receivables and the House Bank Funds are hereinafter sometimes referred to collectively as the “Property”; provided that, the Purchase Price does not include, and adjustments shall be adjusted made with respect to, the Receivables, the House Bank FundsRetail Inventory, the Unopened Inventory and the other adjustment items described in Section 4.4 below.

Appears in 1 contract

Samples: Purchase and Sale Agreement and Joint Escrow Instructions (Behringer Harvard Opportunity REIT I, Inc.)

Property Defined. (a) The Land and the Improvements are sometimes collectively referred to herein as the "Real Property" and the Real Property, the Personal Property, the Bookings, the Service ContractsOperating Agreements, the Intangibles, the Consumable Inventory, the Leases, the Receivables and the House Bank Funds are hereinafter sometimes referred to collectively as the "Property"; provided that, the Purchase Price does not include, and shall be adjusted with respect to, the Receivables, the House Bank Funds, the Unopened Inventory and the other adjustment items described in Section 4.4 below.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Maui Land & Pineapple Co Inc)

Property Defined. (a) The Land and the Improvements are sometimes collectively referred to herein as the "Real Property" and the Real Property, the Personal Property, the Bookings, the Service ContractsOperating Agreements, the Leases, the Deposits, the Intangibles, the Consumable Inventory, the Leases, the Receivables and the House Bank Funds are hereinafter sometimes referred to collectively as the “Property”"PROPERTY"; provided that, the Purchase Price does not include, and shall be adjusted with respect to, the Receivables, the House Bank Funds, the Unopened Inventory and the other adjustment items described in Section SECTION 4.4 below.

Appears in 1 contract

Samples: Purchase and Sale Agreement and Escrow Instructions (Behringer Harvard Short Term Opportunity Fund I Lp)

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Property Defined. (a) The Land and the Improvements are sometimes collectively referred to herein as the “Real Property” and the Real Property, the Personal Property, the Bookings, the Service Contracts, the Intangibles, the Consumable Inventory, the Leases, the Receivables Leases and the House Bank Funds are hereinafter sometimes referred to collectively as the “Property”; provided that, the Purchase Price does not include, and shall be adjusted with respect to, the Receivables, the House Bank Funds, the Unopened Inventory Inventory, and the other adjustment items described in Section 4.4 below.

Appears in 1 contract

Samples: Purchase and Sale Agreement and Joint Escrow Instructions (Pebblebrook Hotel Trust)

Property Defined. (a) The Land and the Improvements are sometimes collectively referred to herein as the “Real Property” and the Real Property, the Personal Property, the Bookings, the Service ContractsOperating Agreements, the Intangibles, the Consumable Inventory, the Leases, the Receivables and the House Bank Funds are hereinafter sometimes referred to collectively as the “Property”; provided that, the Purchase Price does not include, and shall be adjusted with respect to, the Receivables, the House Bank Funds, the retail inventory and Unopened Inventory and the other adjustment items described in Section 4.4 below.

Appears in 1 contract

Samples: Purchase and Sale Agreement and Escrow Instructions (Strategic Hotel Capital Inc)

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