Common use of Reservation Deposits Clause in Contracts

Reservation Deposits. Prepaid and unearned reservation deposits and other such third party prepaid items relating to periods after the Cut-Off Time shall be transferred to Purchaser, or the amounts thereof credited to Purchaser, at the Closing.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Carey Watermark Investors Inc), Purchase and Sale Agreement (Supertel Hospitality Inc), Real Estate Purchase and Sale Agreement (Pinnacle Entertainment Inc)

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Reservation Deposits. Prepaid and unearned reservation and event deposits (including deposits for group Bookings and events) and other such third party prepaid items relating to periods after the Cut-Off Time shall be transferred to PurchaserBuyer, or the amounts thereof credited to PurchaserBuyer, at the Closing.

Appears in 1 contract

Samples: Share Purchase Agreement (Chesapeake Lodging Trust)

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Reservation Deposits. Prepaid and unearned reservation deposits and other such third party prepaid items relating to periods after the Cut-Off Time shall be transferred to Purchaser, or the amounts thereof credited to Purchaser, at the Closing.

Appears in 1 contract

Samples: Purchase and Sale Agreement

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