Examples of Hotel FF&E in a sentence
At Closing, Sellers shall assign to Buyer and Buyer shall receive without a credit to Sellers the Hotel FF&E reserve account and the Hotel’s shared facility (and shared component, if any) reserve account, any security deposits and any other reserves and deposits held by Seller.
As provided in Section 14(c), the Hotel FF&E reserve account and the Hotel’s shared facilities (and shared component unit, if any) reserve account shall be transferred to Buyer at Closing and Sellers shall not receive a credit at Closing for the amount of such funds so transferred to Buyer at Closing.
A.2. Hotel F&FE and Upgradation of Existing Mahatma Mandir Convention Centre and Helipad Exhibition Ground Facilities – Components (b) and (c) i.
Notice is hereby given that sealed proposals will be received before 3:00 pm CST on Friday, December 16, 2016, at the Office of the City Clerk, in City Hall, 101 First Street SE, Cedar Rapids, Iowa 52401 for the Best Western Coopers Mill Hotel FF&E Liquidation as requested by the City of Cedar Rapids Public Works Department.
The Paid CVPC Value Project Amount (as defined in the CPVC Letter) was deposited into the Hotel FF&E Reserve in connection with Seller’s acquisition of the Property in 2018.
A.1. Hotel F&FEThe PMC will develop broad functional and design requirement statements for the Hotel F&FE component in consultation with IRSDC / GARUD.
The New Hotel will include a building containing not less than _____ (___) guest rooms and suites, not less than __________ square feet of Hotel dedicated conference space, usual first-class Hotel amenities such as food and beverage facilities, health and recreational facilities, and the New Hotel FF&E (as defined below).
PMC shall review the EPC Contractor’s work programme and budget; and develop a Programme-wide schedule based up on the requirements of Programme components (b) and (c), i.e., Hotel F&FE and upgradation of existing Mahatma Mandir Convention Centre and Helipad Exhibition Ground Facilities.The schedule for completion of components (b) and (c) will be integrated with the EPC Contractor’s work programme to ensure that necessary tie-ins between these components are achieved in time.
All funds in any Hotel FF&E Reserve or Golf FF&E Reserve shall remain on deposit for the benefit of Buyer, and Seller shall receive a credit in the amount of all such funds remaining on deposit for the benefit of Buyer or as otherwise set forth on Schedule 10.1(n).