Common use of Guest Ledger Clause in Contracts

Guest Ledger. The balance (less any contested charges) of the open account (“Guest Ledger Account”) for each guest or group of guests at the Hotel on the night immediately preceding Closing (“Closing Eve”) shall be prorated between Seller and Buyer as follows:

Appears in 1 contract

Samples: Joint Escrow Instructions (Marcus Corp)

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Guest Ledger. The balance (less any contested charges) of the open and unpaid account (“Guest Ledger Account”) for each person who is a guest or group of guests at the any Hotel on the night Day immediately preceding the Closing (“Closing Eve”) Date shall be prorated between Seller Sellers and Buyer as follows:

Appears in 1 contract

Samples: Agreement for Purchase and Sale (Capital Lodging)

Guest Ledger. The balance (less any contested charges) of the open and unpaid account ("Guest Ledger Account") for each person who is a guest or group of guests at the any Hotel on the night Day immediately preceding the Closing (“Closing Eve”) Date shall be prorated between Seller Sellers and Buyer as follows:

Appears in 1 contract

Samples: Agreement for Purchase and Sale (Capital Lodging)

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Guest Ledger. The balance (less any contested charges) of the open and unpaid account ("Guest Ledger Account") for each person who is a guest or group of guests at the any Hotel on the night Day immediately preceding the Closing (“Closing Eve”) Date shall be assigned to Buyer and prorated between Seller Sellers and Buyer as follows:

Appears in 1 contract

Samples: Domain Name Assignment Agreement (Capital Lodging)

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