Safety Deposit Boxes Sample Clauses

Safety Deposit Boxes. For a period of seven (7) days prior to Closing, Seller shall use reasonable commercial efforts not to permit guests to make any deposits into the Hotel’s safety deposit boxes.
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Safety Deposit Boxes. All part-time and full-time employees shall have the option of obtaining a small safety deposit box free of charge if available.
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Safety Deposit Boxes. On the Closing Date, Seller shall deliver to Purchaser all keys to the safety deposit boxes located at the Hotel, all receipts and agreements relating to such safety deposit boxes which shall contain the name and room number of each depositor. On the Closing Date, Seller shall send written notice to guests at the Hotel who have safety deposit boxes, advising them of the sale of the Business to Purchaser and the procedures to be followed pursuant to this Section 9.2(q) and requesting the removal and verification of the contents thereof within three (3) business days after the Closing Date. All such removals and certifications during said three (3) days shall be under the supervision of a representative of Purchaser and Seller. Boxes of guests who have not responded to such written notice shall be listed at the end of such three (3) day period. Said boxes shall be opened in the presence of the guest, a representative of Purchaser and Seller and the contents recorded; if a guest is not available, then to the extent permitted by Wisconsin law, said boxes shall be opened in the presence of Seller and Purchaser only. Any such property so recorded, and thereafter remaining in the hands of Purchaser shall be the responsibility of Purchaser, and Purchaser shall give Seller a copy of such record and an indemnification reasonably acceptable to the Seller.
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Safety Deposit Boxes. On that date which is two (2) days prior to the Closing Date, Seller shall cause a notice to be sent to all hotel guests who have items in the Hotel's front desk safety deposit boxes advising them of the pending sale of the Hotel and requesting their removal and verification of their property within such boxes on the day which is one (1) day prior to the Closing Date. Buyer may have a representative present at the Hotel on the day of Closing for the purpose of viewing such removal and verification. Guests not responding to the written notice shall be listed at the end of the day prior to the day of Closing. The safety deposit boxes shall be opened on the Closing Date in the presence of representatives of Seller and Buyer to be agreed upon between Seller and Buyer, and such guests' property shall be inspected and recorded. All guests' property in the safety deposit boxes that is so inspected and thereafter remains in the hands of Buyer shall be the responsibility of Buyer and Buyer shall save, defend and hold Seller harmless from any claims which may be asserted by any guest with respect to such property. Buyer shall have no responsibility for property not so verified or recorded.
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Safety Deposit Boxes. On the Closing Date, Seller shall deliver to Purchaser all keys to the safe deposit boxes and room safes located at the Hotel, to the extent in Seller’s possession, and all receipts and agreements relating to such safe deposit boxes, which shall contain the name and room number of each depositor. Each safe deposit box in use by a Hotel guest shall then be sealed by a representative of Purchaser and Seller. On the Closing Date, Seller shall send written notice to guests at the Hotel who have safe deposit boxes, advising them of the sale of the Hotel to Purchaser and the procedures to be followed pursuant to this Section 7.7 and requesting the removal and verification of the contents thereof within three (3) Business Days after the Closing Date. Safe deposit box of guests who have not responded to such written notice shall be listed at the end of such three (3) Business Day period. All safe deposit boxes shall be opened in the presence of the guest and representatives of Purchaser and Seller and the contents recorded; if the guest is not available, such safe deposit boxes shall be opened in the presence of Seller and Purchaser only in accordance with Minnesota Statute § 345.32(d). Any property remaining in safe deposit boxes as of the Cutoff Time (as defined below) shall be the responsibility of Purchaser, and Purchaser shall give Seller a copy of such record and shall indemnify, defend and hold harmless the Seller-Lender Indemnified Parties and The Xxxxx Companies (and its shareholders, members, consultants, representatives, officers, employees and affiliates) (collectively, the “Xxxxx Indemnified Parties”) from and against any and all Indemnified Claims related to the foregoing, including without limitation any liability pursuant to Minnesota law. Seller shall be responsible for and shall indemnify, defend and hold harmless the Purchaser Indemnified Parties from and against any Indemnified Claims pertaining to any property allegedly deposited in a safe deposit box prior to the Closing Date and not recorded pursuant to the procedures of this Section 7.7. Such indemnities shall survive the Closing.
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Safety Deposit Boxes. On the Termination Date Operator shall deliver to Owner all keys to the safe deposit boxes in its possession in the Hotel, all receipts and agreements relating to such safe deposit boxes and a complete list of such safe deposit boxes which list shall contain the name and room number of each depositor. One day prior to the Termination Date, Operator shall send written notice to guests at the Hotel who have safe deposit boxes (which notice shall be in form and substance reasonably satisfactory to Owner), advising of the change of Hotel management and requesting the removal and verification of the contents thereof before the Termination Date. All such removals shall be under the supervision of a representative of Operator and Owner.
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Safety Deposit Boxes. Each employee may have one (1) safety deposit box at the rate of one-half (½) the regular annual rent per year. This benefit is subject to the availability of boxes. Employees maybe requested to surrender their boxes or pay the full amount of annual rent if member needs cannot be served.
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Related to Safety Deposit Boxes

  • Safe Deposit Boxes Prior to the Closing, Seller shall notify all guests or customers who are then using a safe deposit box at the Hotel advising them of the pending change in management of the Hotel and requesting them to conduct an inventory and verify the contents of such safe deposit box. All inventories by such guests or customers shall be conducted under the joint supervision of employees, agents or representatives of the Parties. Upon such inventory and verification, Seller shall deliver to Purchaser all keys, receipts and agreements for such safe deposit box (and thereafter such safe deposit box shall be deemed an “Inventoried Safe Deposit Box”). If this Agreement is terminated after such inventory, Purchaser shall return all keys, receipts and agreements to Seller for such Inventoried Safe Deposit Boxes immediately upon such termination. Upon Closing, Seller shall deliver to Purchaser all keys in Seller’s Possession for all safe deposit boxes not then in use, and a list of all safe deposit boxes which are then in use, but not yet inventoried by the depositor, with the name and room number of such depositor. After the Closing, the Parties shall make appropriate arrangements for guests and customers at the Hotel to inventory and verify the contents of the non Inventoried Safe Deposit Boxes, and upon such inventory and verification, Seller shall deliver to Purchaser all keys, receipt and agreements for such safe deposit box (and such safe deposit box thereafter shall constitute an Inventoried Safe Deposit Box). Purchaser shall be responsible for, and shall indemnify and hold harmless the Seller Indemnitees in accordance with ARTICLE XV from and against any Indemnification Loss incurred by any Seller Indemnitees with respect to, any theft, loss or damage to the contents of any safe deposit box from and after the time such safe deposit box is deemed an Inventoried Safe Deposit Box pursuant to this Section 12.1. Seller shall be responsible for, and shall indemnify and hold harmless the Purchaser Indemnitees in accordance with ARTICLE XV from and against any Indemnification Loss incurred by any Purchaser Indemnitees with respect to, any theft, loss or damage to the contents of any safe deposit box prior to the time such safe deposit box is deemed an Inventoried Safe Deposit Box.

  • Bank Accounts and Safe Deposit Boxes Schedule 6.23 discloses the title and number of each bank or other deposit or financial account, and each lock box and safety deposit box used by the Acquiror Company, the financial institution at which that account or box is maintained and the names of the persons authorized to draw against the account or otherwise have access to the account or box, as the case may be.

  • Safe Deposit Business The Assuming Institution assumes and agrees to discharge, from and after the Bank Closing Date, in the usual course of conducting a banking business, the duties and obligations of the Failed Bank with respect to all Safe Deposit Boxes, if any, of the Failed Bank and to maintain all of the necessary facilities for the use of such boxes by the renters thereof during the period for which such boxes have been rented and the rent therefor paid to the Failed Bank, subject to the provisions of the rental agreements between the Failed Bank and the respective renters of such boxes; provided, that the Assuming Institution may relocate the Safe Deposit Boxes of the Failed Bank to any office of the Assuming Institution located in the trade area of the branch of the Failed Bank in which such Safe Deposit Boxes were located, as determined by the Receiver. The Safe Deposit Boxes shall be located and maintained in such trade area for a minimum of one year from the Bank Closing Date.

  • Deposit Liabilities Assume and thereafter discharge, pay in full and perform all of BANK ONE's obligations and duties relating to the "Deposit Liabilities" (as hereinafter defined). The term "Deposit Liabilities" is defined herein as all of BANK ONE's obligations, duties and liabilities of every type and character relating to all deposit accounts, other than (i) XXXXX accounts and (ii) deposit accounts securing any loan of BANK ONE which is not an Office Loan, for which BUYER assumes no liability, which, as reflected on the books of BANK ONE as of the close of business on the Closing Date, are attributable to the Offices. The deposit accounts referred to in the immediately preceding sentence (hereinafter the "Deposit Accounts") include, without limitation, passbook, statement savings, checking, Money Market, and NOW accounts, Individual Retirement Accounts for which BANK ONE has not received, on or before the Closing Date, the written advice from the account holder of such account holder's objection or failure to accept BUYER as successor custodian ("IRA's") and certificates of deposit. The "obligations, duties and liabilities" referred to in the immediately preceding sentence include, without limitation, the obligation to pay and otherwise process all Deposit Accounts in accordance with applicable law and their respective contractual terms and the duty to supply all applicable reporting forms for periods following the Closing Date including, without limitation, IRS Form 1099 reports relating to the Deposit Accounts to be filed and provided after the Closing Date. With regard to each XXX included within the Deposit Accounts, BUYER shall also assume the appropriate plan pertaining thereto and the trustee or custodial arrangement in connection therewith.

  • Office Location During the Term, the Executive's services hereunder shall be performed at the offices of the Company, which shall be within a twenty five (25) mile radius of New York, NY, subject to necessary travel requirements to the Company’s offices in Toronto, Canada and other MDC Group company locations in order to carry out his duties in connection with his position hereunder.

  • Landlord’s Books and Records Within one hundred twenty (120) days after receipt by Tenant of a Statement, if Tenant disputes the amount of Additional Rent set forth in the Statement, a member of Tenant’s finance department, or an independent certified public accountant (which accountant is a member of a nationally recognized accounting firm and is not working on a contingency fee basis) (“Tenant’s Accountant”), designated and paid for by Tenant, may, after reasonable notice to Landlord and at reasonable times, inspect Landlord’s records with respect to the Statement at Landlord’s offices, provided that there is no existing Event of Default and Tenant has paid all amounts required to be paid under the applicable Estimate Statement and Statement, as the case may be. In connection with such inspection, Tenant and Tenant’s agents must agree in advance to follow Landlord’s reasonable rules and procedures regarding inspections of Landlord’s records, and shall execute a commercially reasonable confidentiality agreement regarding such inspection. Tenant’s failure to dispute the amount of Additional Rent set forth in any Statement within one hundred twenty (120) days of Tenant’s receipt of such Statement shall be deemed to be Tenant’s approval of such Statement and Tenant, thereafter, waives the right or ability to dispute the amounts set forth in such Statement. If after such inspection, Tenant still disputes such Additional Rent, a determination as to the proper amount shall be made, at Tenant’s expense, by an independent certified public accountant (the “Accountant”) selected by Landlord and subject to Tenant’s reasonable approval; provided that if such Accountant determines that Direct Expenses were overstated by more than five percent (5%), then the cost of the Accountant and the cost of such determination shall be paid for by Landlord, and Landlord shall reimburse Tenant for the cost of the Tenant’s Accountant (provided that such cost shall be a reasonable market cost for such services). Tenant hereby acknowledges that Tenant’s sole right to inspect Landlord’s books and records and to contest the amount of Direct Expenses payable by Tenant shall be as set forth in this Section 4.6, and Tenant hereby waives any and all other rights pursuant to applicable law to inspect such books and records and/or to contest the amount of Direct Expenses payable by Tenant.

  • Prior Locations (a) Set forth in Schedule 3(a) is the information required by Schedule 2(a), Schedule 2(b) or Schedule 2(c) with respect to each location or place of business previously maintained by each Company at any time during the past four months.

  • Current Locations (a) The chief executive office of each Grantor is located at the address set forth opposite its name below: Grantor Mailing Address County State

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