Common use of Hotel Records Clause in Contracts

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 (5th) anniversary of Closing without giving Seller at least thirty (30) days’ prior written notice and opportunity to recover the same.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Highland Hospitality Corp)

AutoNDA by SimpleDocs

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 (5th) anniversary of Closing without giving Seller at least thirty (30) 30 days’ prior written notice and opportunity to recover the same.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Pebblebrook Hotel Trust)

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 (5th) anniversary of Closing without giving Seller at least thirty (30) 30 days' prior written notice and opportunity to recover the same.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (CNL Hospitality Properties Inc)

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 (5th) anniversary of Closing without giving Seller at least thirty (30) 30 days’ prior written notice and opportunity to recover the same. 14.

Appears in 1 contract

Samples: Agreement of Purchase and Sale of Real Property and Joint Escrow Instructions

AutoNDA by SimpleDocs

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 116800-0001/LEGAL125685330.6 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 third (5th3rd) anniversary of Closing without giving Seller at least thirty (30) days’ prior written notice and opportunity to recover the same.

Appears in 1 contract

Samples: Agreement for Purchase and Sale (Ashford Hospitality Prime, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.