Gift Certificates. During the Sale Term, Agent shall accept Merchant’s gift certificates, gift cards and Merchandise credits issued by Merchant prior to the Sale Commencement Date. Merchant shall reimburse Agent in cash for such amounts during the weekly sale reconciliation provided for in Section 8.7.
Gift Certificates. After the Closing Date it is contemplated that gift certificates and other evidences of credit which are liabilities of the Seller will be presented to Purchaser for redemption (the “Gift Certificates”). For a period of fifteen (15) months following the Closing Date, Purchaser shall recognize and honor such Gift Certificates up to the amount shown on the balance sheet of the Seller as of the Closing Date (the “Gift Certificate Outstanding Balance”) and the Seller shall indemnify Purchaser for any such amount in accordance with Section 11.1 and Section 11.4. Following such fifteen (15) month period, Purchaser shall not honor any Gift Certificates, and following the sixteenth (16th) month after the Closing Date, the Escrow Agent (as hereinafter defined) shall deliver to Seller the remaining balance of Escrow Account (as hereinafter defined) in accordance with the Escrow Agreement. The Escrow Agreement shall provide that (i) the Purchaser shall obtain repayment for the redeemed Gift Certificates only upon delivery of same to the Escrow Agent and (ii) the Escrow Agent shall promptly deliver such redeemed Gift Certificates to Queyrouze, as agent for the Seller.
Gift Certificates. The Operating Partnership shall receive a ----------------- credit for all gift certificates issued by the Asset and paid for by or on behalf of the recipient. The Operating Partnership agrees to honor all non- expired gift certificates issued by the Asset to the extent such non-expired gift certificates are itemized at the Final Closing. At least five (5) days prior to the date of the Final Closing, the Asset Entity shall deliver to the Operating Partnership copies of all information and records necessary to support the prorations hereunder. In the event any prorations made pursuant hereto shall prove incorrect for any reason whatsoever, either party shall be entitled to an adjustment to correct the same.
Gift Certificates. Buyer agrees to honor all gift certificates issued by Seller Parties prior to the Closing Date; provided, all gift certificates were issued in bona fide transactions for the benefit of the Operational Spas and in the ordinary course of business, and provided, further, that nothing in this Section 9.9 in any way limits the indemnification obligations in Section 10.2(v).
Gift Certificates. Purchaser shall receive a credit for ninety percent (90%) of the face value of all gift certificates issued by the Hotel for use at the Hotel outstanding as of the Closing Date.
Gift Certificates. When using the gift voucher, the original gift voucher must be presented at check-in at the resort. Photocopies or copies of the gift certificate are not allowed and are not valid. The gift voucher is valid until the expiration date indicated on each individual gift voucher. If the date of validity is not written on the gift voucher, the gift voucher is considered valid for one year from the date of issue. In this case, the gift certificate is not used during its validity, is stolen, lost or nothing, its user is not entitled to a refund or compensation in any form. The voucher can be used as a means of payment for any service, food or drink available at the resort. You can use the service voucher only for the services listed on the voucher, the unused part of the service cannot be compensated for another service. When exchanging a gift voucher for the use of services of lesser value, the customer is not entitled to compensatory differences in price. When exchanging a gift certificate for good value, the customer must pay the difference. The date can be changed only once, namely: • Up to 30 days before arrival The change of the date is possible only depending on the availability and prior individual agreement with the representative of CV99 d.o.o. to the e-mail address xxxxxxxxx@xxxxxxxxxxxxxxxx.xx We reserve the right to charge an additional fee of 20% of the final price of the reservation. Early departure: The resort is not obliged to return the value of the overnight stay to the guest / client for early departure. Any exceptions to the reason for early departure require approval from the company's management. These general terms and conditions are governed by Slovenian law. The parties agree on the exclusive jurisdiction of the Slovenian courts. CV99 d.o.o. will protect all obtained data on website visitors in accordance with the Personal Data Protection Act and other Slovenian and European legislation. By sending personal data via the information form, the website visitor agrees that CV99 d.o.o. uses this data for internal statistical and data processing purposes. In doing so, the company undertakes not to pass on the data to third parties or companies for the purpose of commercial exploitation of personal data. The website visitor voluntarily provides his personal data and allows the company CV99 doo, Xxxxxxxx xxxxxxxx 0, 0000 Xxxxxx (user of personal data) to collect, use and process his personal data (ie collection, acquisition, registration, editing...
Gift Certificates. Purchaser shall receive a credit at Closing in the amount of any “Gift Certificates” issued by Seller for free or reduced rate room charges which have not been redeemed as of the date of Closing, and Seller shall furnish Purchaser with detailed records of all Gift Certificates issued by Seller including a statement identifying the amount of each Gift Certificate and an identification of all holders of such Gift Certificates and such other reasonable information as Purchaser may request.
Gift Certificates. At or prior to Closing, Property Owner shall terminate the gift certificate program currently in effect with respect to the Shopping Center ("Gift Certificate Program"). Gift certificates issued by Property Owner or on Property Owner's account prior to Closing which are outstanding on the Closing Date ("Outstanding Gift Certificates") shall be honored by the Company after the Closing Date. At Closing, (i) Property Owner shall transfer and assign to the Company any bank account or reserve established to cover the Outstanding Gift Certificates, and (ii) to the extent such bank accounts or reserves are insufficient to cover the Outstanding Gift Certificates, Contributors shall pay CBL/OP at Closing the amount of such deficiency. Except for any termination fee or damages payable in connection with the termination of the gift card fulfillment contract (which termination fee and damages will be handled in the manner descried in Section 4.7), Contributors shall indemnify and hold harmless the Company and CBL/OP from any Losses that the Company or CBL/OP may incur as a result of: (i) any claims, actions, suits or demands brought against the Company or CBL/OP with respect to the Gift Certificate Program and/or the operations thereunder (except to the extent the Company fails to honor the Outstanding Gift Certificates after the Closing), (ii) the value of Outstanding Gift Certificates exceeding, in the aggregate, the total amount of the bank accounts or reserves assigned by Property Owner to the Company at the Closing plus the amount paid by Contributors to CBL/OP at the Closing in accordance with clause (ii) above). Such indemnity shall entail the provision of a defense by Contributors for CBL/OP and/or the Company and payment of all attorneys fees and court costs associated therewith; and, notwithstanding anything to the contrary contained in this Agreement, shall not be subject to any limitations on liability or survival set forth in this Agreement (including, without limitation, Sections 7.3, 10.5 and 10.6 below) or subject to the provisions of the Indemnity Escrow Agreement. Contributors' obligations under this Section 6.10 shall survive Closing.
Gift Certificates. (a) From and after the Closing Date, Purchaser shall, and shall cause the Company and the Subsidiaries to, issue gift certificates different in size and color from those gift certificates issued by the Company and the Subsidiaries prior to the Closing Date.
(b) For a period of three (3) years following the Closing Date, the Paying Agent agrees, out of the Holdback Amount or otherwise, to reimburse the Company for an amount equal to the amount of each gift certificate that was sold by the Company or the Subsidiaries prior to the Closing Date and which has been redeemed for food or beverage provided by the Company or the Subsidiaries after the Closing Date.
Gift Certificates. Alloy has the right to purchase from Company gift certificates at a discount equal to fifty (50%) of the face value of such certificate (“Gift Certificate Costs”), provided that the aggregate maximum retail value of such gift certificates purchased in any three month period does not exceed five thousand dollars ($5,000).
