Common use of Cash Bank Clause in Contracts

Cash Bank. “Cash Bank” means, with respect to the Hotel, cash on hand in house banks and xxxxx cash as of Closing.

Appears in 3 contracts

Samples: Agreement for Purchase and Sale (Ashford Hospitality Prime, Inc.), Purchase and Sale Agreement (Highland Hospitality Corp), Agreement of Purchase and Sale (Pebblebrook Hotel Trust)

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Cash Bank. “Cash Bank” means, with respect to the Hotel, cash on hand in house banks and xxxxx cash as of Closing, as specified in the Preliminary Statement.

Appears in 2 contracts

Samples: Agreement of Purchase and Sale (Chesapeake Lodging Trust), Agreement of Purchase and Sale (Apple REIT Seven, Inc.)

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Cash Bank. Cash Bank" means, with respect to the Hotel, cash on hand in house banks and xxxxx cash as of Closing.

Appears in 1 contract

Samples: Joint Escrow Instructions (Marcus Corp)

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