Guests’ Baggage Sample Clauses

Guests’ Baggage. Prior to the Closing, the Company and Buyer shall take inventory of: (i) all baggage, suitcases, luggage, valises and trunks of hotel guests checked or left in the care of the Casino; (ii) all luggage or other property of guests retained by the Casino as security for unpaid accounts receivable; and (iii) the contents of the baggage storage room; provided, however, that no such baggage, suitcases, luggage, valises or trunks shall be opened. Except for the property referred to in (ii) above, which shall be removed from the Casino by the Company within ten (10) days after the Closing, all such baggage and other items shall be sealed in a manner to be agreed upon by the parties and listed in an inventory prepared and signed jointly by Representatives of the Company and Buyer as of the Closing. Said baggage and other items shall continue to be stored by the Company and Buyer shall be responsible for claims with respect thereto.
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Guests’ Baggage. Prior to the Closing, the applicable Seller, on the one hand, and Buyer, on the other hand, shall take inventory of: (a) all baggage, suitcases, luggage, valises and trunks of hotel guests checked or left in the care of such Seller at its Property; (b) all luggage or other property of guests retained by such Seller as security for unpaid accounts receivable; and (c) the contents of the baggage storage room; provided, however, that no such baggage, suitcases, luggage, valises or trunks shall be opened. Except for the property referred to in (b) above, which shall be removed from the Properties by the applicable Seller or their Affiliates within ten (10) days after the Closing, all such baggage and other items shall be sealed in a manner to be agreed upon by the parties and listed in an inventory prepared and signed jointly by said representatives of the applicable Seller and Buyer as of the Closing. Said baggage and other items shall be stored as Buyer shall choose, and Buyer shall be solely responsible for claims with respect thereto.
Guests’ Baggage. Effective as of the Transfer Time, Representatives of each of Seller and Buyer shall take inventory of: (i) all baggage, suitcases, luggage, valises and trunks of hotel guests checked or left in the care of Seller at the Property; (ii) all luggage or other property of guests retained by Seller as security for unpaid Accounts Receivable; and (iii) the contents of the baggage storage room; provided, however, that no such baggage, suitcases, luggage, valises or trunks shall be opened. Except for the property referred to in (ii) above with respect to Accounts Receivable to be retained by Seller, which shall be removed from the Property by Seller or its Affiliates pursuant to the terms of Section 1.5.2 hereof, all such baggage and other items shall be sealed in a manner to be agreed upon by the parties and listed in an inventory prepared and signed jointly by said Representatives of Seller and Buyer as of the Closing Date (the “List of Inventoried Baggage”). Said baggage and other items shall be stored as Buyer shall choose. Pursuant to Article 9 hereof, Seller shall be responsible for and indemnify Buyer against claims of alleged missing baggage not contained on the List of Inventoried Baggage, and Buyer shall be responsible for and indemnify Seller against claims of alleged missing baggage listed on the List of Inventoried Baggage.
Guests’ Baggage. On the Closing Date, authorized representatives of Buyer and Seller shall take inventory of (a) all baggage, suitcases, luggage, valises and trunks checked or left in the care of the Hotel, (b) all luggage or other property of guests retained as security for unpaid Accounts Receivable, (c) the contents of any storage room, (d) parcels, laundry, valet packages and other property checked or left in the care of the Hotel (but excluding safe deposits boxes), and (d) all items contained in the Hotel’s lost-and-found; provided, however, that no such baggage, suitcases, luggage, valises, trunks, parcels or packages shall be opened. All such baggage and other items shall be sealed and listed in an inventory prepared and signed jointly by the representatives of Buyer and Seller as of the Closing Date, and all such items shall be the responsibility of Buyer from and after the Closing Date. Buyer agrees to indemnify and hold Seller and Seller’s affiliates and their respective partners, direct and indirect owners, officers, directors, employees, agents, successors and assigns (collectively, the “Seller Parties”) harmless from and against any and all claims, demands, actions, suits, liability or judgments, including costs and reasonable attorney’s fees, incurred by them in connection therewith arising from and after the Closing Date. The provisions of this Section 10.1 and the obligations of Seller and Buyer hereunder shall survive the Closing.
Guests’ Baggage. Sellers shall comply with all laws related to (i) all baggage, suitcases, luggage, valises and trunks of hotel guests checked or left in the care of HLC at the Hotel; (ii) all luggage or other property of guests retained by HLC as security for unpaid accounts receivable; and (iii) the contents of the baggage storage room.
Guests’ Baggage. All baggage or other property of guests or tenants retained by Seller prior to the Closing as security for unpaid accounts receivable, if any, and all baggage, parcels, laundry or valet packages checked or left in the care of Seller prior to the Closing by guests or tenants now or formerly in the Property not so retained as security, shall be included in Inventory, and custody thereof shall be transferred to Buyer at the Closing. Buyer shall indemnify and hold Seller harmless from any loss, cost or expense, including reasonable counsel fees, arising out of any claim for missing contents from baggage in the Inventory.
Guests’ Baggage. At the Transfer Time, CCI and CC Buyer shall take inventory of: (i) all baggage, suitcases, luggage, valises and trunks of hotel guests checked or left in the care of the Hotel; (ii) all luggage or other property of guests retained by the Hotel as security for unpaid accounts receivable; and (iii) the contents of the baggage storage room; provided, however, that no such baggage, suitcases, luggage, valises or trunks shall be opened. Except for the property referred to in (ii) above, which shall be removed from the Hotel by CCI within ten (10) days after the Closing, all such baggage and other items shall be sealed in a manner to be agreed upon by the parties and listed in an inventory prepared and signed jointly by said Representatives of CCI and CC Buyer as of the Transfer Time. Said baggage and other items shall thereafter be stored and administered as CC Buyer shall choose, and CC Buyer shall be responsible for and indemnify CCI against any claims with respect thereto.
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Guests’ Baggage. From and after the Closing, Purchaser shall be responsible for (i) all baggage, suitcases, luggage, valises and trunks of hotel guests checked or left in the care of Seller as of the Closing, (ii) all luggage or other property of guests retained by Seller as of the Closing as security for unpaid accounts receivable and (iii) the contents of the baggage storage room; provided, however, that no such baggage, suitcases, luggage, valises or trunks shall be opened. All such baggage and other items shall be sealed in a manner to be agreed upon by the Parties and listed in an inventory prepared and signed jointly by Representatives of Seller and Purchaser as of the Closing. Said baggage and other items shall be stored as Purchaser shall choose, and Purchaser shall be responsible for claims with respect thereto. Following the Closing, Seller shall have no right in and shall make no claim to any baggage, suitcases, luggage, valises or trunks left in the care of the Property, maintained in the baggage storage room or retained as security for unpaid accounts, all of which shall be the sole property of Purchaser.
Guests’ Baggage. Effective as of the Transfer Time, Flamingo and Flamingo Buyer shall take inventory of: (i) all baggage, suitcases, luggage, valises and trunks of hotel guests checked or left in the care of Flamingo at the Casino Property; (ii) all luggage or other property of guests retained by Flamingo as security for unpaid accounts receivable; and (iii) the contents of the baggage storage room; provided, however, that no such baggage, suitcases, luggage, valises or trunks shall be opened. All such baggage and other items shall be sealed in a manner to be agreed upon by the parties and listed in an inventory prepared and signed jointly by said representatives of Flamingo and Flamingo Buyer as of the Closing Date. Said baggage and other items shall be stored as Flamingo Buyer shall choose, and Flamingo Buyer shall be solely responsible for claims with respect thereto.

Related to Guests’ Baggage

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