Common use of Guest Property in Seller’s Possession on Closing Date Clause in Contracts

Guest Property in Seller’s Possession on Closing Date. Property of guests of the Hotel in Seller’s care, possession or control (excluding that in guest rooms) on the Closing Date shall be handled in the following manner:

Appears in 7 contracts

Samples: Purchase and Sale Agreement (Moody National REIT I, Inc.), Purchase and Sale Agreement (Carey Watermark Investors Inc), Purchase and Sale Agreement (Supertel Hospitality Inc)

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Guest Property in Seller’s Possession on Closing Date. Property of ----------------------------------------------------- guests of the Hotel in Seller’s 's care, possession or control (excluding that in guest rooms) on the Closing Date shall be handled in the following manner:

Appears in 1 contract

Samples: Agreement of Sale and Purchase (Southmark San Juan Inc)

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