Guest Ledger. The open account (“Guest Ledger Account”) for each person who is a guest at the Hotel on the night immediately preceding Closing (“Closing Eve”) shall be prorated between Seller and Buyer as follows:
Appears in 4 contracts
Samples: Agreement of Purchase and Sale of Real Property and Joint Escrow Instructions, Purchase and Sale Agreement (Highland Hospitality Corp), Agreement of Purchase and Sale (Apple REIT Seven, Inc.)
Guest Ledger. The open account (“Guest Ledger Account”) for each person who is a guest at the Hotel on for the night immediately preceding Closing (“Closing Eve”) shall be prorated between Seller and Buyer as follows:
Appears in 1 contract
Samples: Agreement for Purchase and Sale (Ashford Hospitality Prime, Inc.)
Guest Ledger. The open account (“Guest Ledger AccountLedger”) for each person who is a guest at the Hotel on the night immediately preceding the Closing (“Closing Eve”) shall be prorated between Seller and Buyer as follows:
Appears in 1 contract
Samples: Purchase and Sale Agreement and Joint Escrow Instructions (Chesapeake Lodging Trust)