Common use of Guest Ledger Clause in Contracts

Guest Ledger. At Closing, Seller shall receive a credit in an amount equal to: (i) all amounts charged to the Guest Ledger for all room nights up to (but not including) the night during which the Cut-Off Time occurs, and (ii) one half ( 1/2) of all amounts charged to the Guest Ledger for the room night which includes the Cut-Off Time net of any occupancy or sales tax due with respect thereto (other than any restaurant or bar charges on the Guest Ledger which shall be prorated in accordance with Section 11.2.11), and Purchaser shall be entitled to retain all deposits made and amounts collected with respect to such Guest Ledger.

Guest Ledger. At Closing, Seller shall receive a credit in an amount equal to: (i) all amounts charged to the Guest Ledger for all room nights up to (but not including) the night during which the Cut-Off Time occurs, and (ii) one one-half ( 1/2(½) of all amounts charged to the Guest Ledger for the room night which includes the Cut-Off Time net of any occupancy or sales tax due with respect thereto (other than any restaurant or bar charges on the Guest Ledger which shall be prorated in accordance with Section 11.2.11XI.B.10), and Purchaser shall be entitled to retain all deposits made and amounts collected with respect to such Guest Ledger.

Guest Ledger. At Closing, Seller shall receive a credit in an amount equal to: (i) all amounts charged to the Guest Ledger for all room nights up to (but not including) the night during which the Cut-Off Time occurs, and (ii) one half ( 1/2) of all amounts charged to the Guest Ledger for the room night which includes the Cut-Off Time net of any occupancy or sales tax due with respect thereto (other than any restaurant or bar charges on the Guest Ledger which shall be prorated in accordance with Section 11.2.1111.2.10), and Purchaser shall be entitled to retain all deposits made and amounts collected with respect to such Guest Ledger.

Guest Ledger. At Closing, Seller shall receive a credit in an amount equal to: (i) all amounts charged to the Guest Ledger for all room nights up to (but not including) the night during which the Cut-Off Time occurs, and (ii) one half ( 1/2(½) of all amounts charged to the Guest Ledger for the room night which includes the Cut-Off Time net of any occupancy or sales tax due with respect thereto (other than any restaurant or bar charges on the Guest Ledger which shall be prorated in accordance with Section 11.2.11), and Purchaser shall be entitled to retain all deposits made and amounts collected with respect to such Guest Ledger.

Guest Ledger. At Closing, Seller shall receive a credit in an amount equal to: (ia) all amounts charged to the Guest Ledger for all room nights nights, including parking charges, up to (but not including) the night during which the Cut-Off Time occurs, and (iib) one half ( (1/2) of all amounts charged to the Guest Ledger for the room night night, including parking charges, which includes the Cut-Off Time net of any occupancy or sales tax due with respect thereto (other than any restaurant or bar charges on the Guest Ledger which shall be prorated in accordance with Section 11.2.1111.2.10), and Purchaser shall be entitled to retain all deposits made and amounts collected with respect to such Guest Ledger, including parking charges.