House Funds. Cash on hand at or for the Hotels, including, without limitation, pxxxx cash funds and cashiers’ banks but exclusive of Reserve Funds.
House Funds. Buyer and Sellers shall mutually agree upon a procedure for counting and determining all House Funds as of the Transfer Time and Buyer shall pay to Sellers as part of the Operations Settlement the amount of House Funds so determined. Buyer shall have no obligation to purchase chips or tokens of other casinos, all of which shall be retained by Sellers and are excluded from sale. The House Funds are not included in the Purchase Price and the purchase price thereof shall be in addition to the Purchase Price.
House Funds. Growth Partners and CEOC shall mutually agree upon a procedure, consistent with the counting of House Funds in the ordinary course of business and in accordance with applicable Laws, for counting and determining House Funds with respect to each Casino as of the Closing.
House Funds. Buyer and Sellers shall mutually agree upon a procedure consistent with the counting of House Funds in the Ordinary Course of Business and in accordance with applicable Laws for counting and determining all House Funds as of the Closing, with such amount being included in the Calculation of the Estimated Closing Net Working Capital. Buyer shall have no obligation to purchase chips or tokens of other casinos, all of which shall be retained by Sellers and are Excluded Assets.
House Funds. At Closing, Seller shall receive a credit for all the cash on hand at the facilities operating on the Real Property as of the Apportionment Time, and such cash on hand shall become the property of Purchaser as of the Closing.
House Funds. Buyer and the applicable Seller shall mutually agree upon a procedure for counting and determining all House Funds as of the Transfer Time for each Property and Buyer shall pay to the applicable Seller, pursuant to the procedures set forth in this Section 4.2, the amount of House Funds in excess of the Minimum Cash for such Seller’s Property. Buyer shall have no obligation to purchase chips or tokens of other casinos, all of which shall be retained by the applicable Seller and are excluded from the transaction contemplated herein. The House Funds in excess of the Minimum Cash are not included in the Purchase Price and the purchase price therefor shall be in addition to the Purchase Price.
House Funds. Cash on hand at the Hotels.
House Funds. Speakeasy and HHLV shall mutually agree upon a procedure for counting and determining all House Funds as of the Transfer Time and Speakeasy shall pay to HHLV as part of the Operations Settlement the amount of House Funds so determined. Speakeasy shall have no obligation to purchase chips or tokens of other casinos, all of which shall be retained by HHLV and are excluded from sale.
House Funds. Prior to Closing, Purchaser and Seller shall mutually agree upon a procedure for counting and determining all House Funds (as defined below) as of 11:59:59 P.M. Las Vegas time on the date immediately preceding the Closing Date (the “Transfer Time”), and Purchaser shall deliver to Seller, at the Closing, an amount equal to the House Funds so determined. “House Funds” means all cash and cash equivalents located at any property owned or leased by SGF, including without limitation, cash, negotiable instruments, and other cash equivalents located in cages, drop boxes, slot machines and other gaming devices, cash on hand for any SGF xxxxx cash fund and cashiers’ banks, coins and slot hoppers, carousels, slot vault, counting rooms, and poker bank, and the funds in any bank accounts maintained by SGF.