Hotel Records. As reasonably required for tax filings, preparation and auditing of financial statements, other reporting and similar purposes, Seller shall have the right to make and retain copies of the Hotel Records which are transferred to Buyer at Closing and to disclose information contained therein. Buyer shall also make the Hotel Records available to Seller and its authorized representatives at the Hotel, at reasonable times and upon reasonable prior notice, and allow Seller to make copies thereof; and Buyer shall not dispose of any Hotel Records prior to the fifth anniversary of Closing without giving Seller at least 30 days’ prior written notice and opportunity to recover the same.
Hotel Records. “Hotel Records” means all of the books, records, correspondence and other files, both paper and electronic (and including any accounting, database or other record-keeping software used in connection with such books and records which Seller owns or otherwise has the right freely to transfer) which have been received or generated and maintained in the course of operation of the Hotel and which are in Seller’s possession or control. 1.52
Hotel Records. “Hotel Records” means all of the books, records, correspondence and other files, both paper and electronic (and including any accounting, database or other record-keeping software used in connection with such books and records which Seller owns or otherwise has the right freely to transfer) which have been received or generated and maintained in the course of operation of the Hotel and which are in Seller’s possession or control, including, without limitation, all customer, reservation, convention, sales, groups, catering, mailing or “Frequent user” lists, operating ledgers, third-party inspection reports, property management reports, current operating and capital budgets and all back-up files and records relating to the operations of the Hotel (including historical operating records) owned by Seller and maintained at 116800-0001/LEGAL125685330.6 the Hotel, in Seller’s possession or control, or to the extent Hotel Manager is acting in its capacity as Seller’s agent, in Hotel Manager’s possession or control, including (A) any computer drives, disks, tapes and other databases which contain the names and addresses of past or perspective customers, and (B) all marketing information used for the Hotel (which shall not be deemed to include information relating to the marketing of the Hotel for sale); exclusive, however of the Excluded Materials.
Hotel Records. 2 1.11 Hotel Revenues .................................................................................. 2 1.12 HPT ............................................................................................. 3 1.13
Hotel Records. 7 1.61 Indemnify..................................................................................... 8 1.
Hotel Records. 47 14. Assignment............................................................................................. 47 15. Notices................................................................................................ 48 16.
Hotel Records. All Hotel Records shall become the property of Buyer upon Closing, subject to the rights of the Hotel Manager, provided Seller shall have the right to make and retain copies of the Hotel Records which are transferred to Buyer at Closing and to disclose information contained therein as reasonably required for tax filings, preparation and auditing of financial statements, other reporting and similar purposes. Buyer shall also make the Hotel Records available to Seller and its authorized representatives at the Hotel, at reasonable times and upon reasonable prior notice, and allow Seller to make copies thereof; and Buyer shall not dispose of any Hotel Records prior to the fifth anniversary of Closing without giving Seller at least 30 days’ prior written notice and opportunity to recover the same.
Hotel Records. 37 8. Prorations, Credits and Other Adjustments.................................37
Hotel Records. Buyer shall provide copies of or access to any Hotel Records relating to pre-Closing periods as Sellers shall reasonably request from time to time after Closing. As reasonably requested by Buyer, Sellers shall provide copies of or access to any Hotel Records that are retained by Sellers with Buyer's consent after Closing.
Hotel Records. Seller and Hotel Manager shall deliver or cause to be delivered to Buyer at Closing all original Hotel Records. Seller shall be entitled to retain copies of all Hotel Records assigned to Buyer. As reasonably required for tax filings, preparation and auditing of financial statements, other reporting and purposes and/or as required by Laws, Buyer and Seller shall have the right to make and retain copies of the Hotel Records and to disclose information contained therein. Prior and following Closing, Seller and Hotel Manager shall also make the Hotel Records available to Buyer and its authorized representatives (including Buyer’s Manager and Buyer’s affiliates), at reasonable times and upon reasonable prior notice, and allow Buyer to make copies thereof; and Seller shall not dispose of any Hotel Records prior to the fifth anniversary of Closing without giving Buyer at least 30 days’ prior written notice and opportunity to recover the same.
