Existing Reservations. Purchaser shall honor (and shall cause Purchaser’s Manager to honor) all reservations at the Hotel, or for any related conference, banquet, or meeting space or any other facilities, made through or in connection with the Hotel prior to the Cutoff Time for periods on or after the date of Closing. Seller shall not, without Purchaser’s prior written consent, materially discount its prices (as against its typical pricing in accordance with past practices) for any such reservations, conference, banquet or meeting space or other facilities with respect to periods subsequent to the Cutoff Time. Purchaser shall indemnify, defend and hold harmless the Seller-Lender Indemnified Parties and he Xxxxx Indemnified Parties from and against any and all Indemnified Claims arising from a breach by Purchaser of its obligations under this Section 7.10. Seller shall indemnify, defend and hold harmless the Purchaser Indemnified Parties from and against any and all Indemnified Claims arising from a breach by Seller of its obligations under this Section 7.10. The provisions of this Section 7.10 shall survive the Closing.
Existing Reservations. Owner acknowledges that guest satisfaction is a priority for Travelpedia, and that the inability to honor reservations is a sig- nificant source of guest dissatisfaction, poor reviews, and demands for compensation. Accord- xxxxx, Owner agrees to honor all Existing Xxxxx- vations with a checkout date prior to the Effective Termination Date. “Existing Reservations”
Existing Reservations
