Room Rentals. One-half (50%) of the room rentals attributable to the night prior to the Closing Date shall be the property of Seller and the remaining one-half (50%) shall be the property of Purchaser. Room rentals attributable to any night prior to the night prior to the Closing Date shall be the property of Seller.
Appears in 4 contracts
Samples: Asset Purchase Agreement (155 East Tropicana, LLC), Agreement of Sale and Purchase (Interstate Hotels & Resorts Inc), Agreement of Sale and Purchase (Interstate Hotels & Resorts Inc)
Room Rentals. One-half (50%) of the room rentals and related taxes attributable to the night prior to the Closing Date shall be the property of Seller the Sellers and the remaining one-half (50%) shall be the property of Purchaser. Room Subject to Section 6.1.12, room rentals attributable to any night prior to the night prior to before the Closing Date shall be the property of Sellerthe Sellers.
Appears in 1 contract
Room Rentals. One-half (50%) of the room rentals attributable to the night prior to the Closing Date shall be the property of applicable Seller and the remaining one-half (50%) shall be the property of PurchaserBuyer. Room rentals attributable to any night prior to the night prior to the Closing Date shall be the property of applicable Seller.
Appears in 1 contract
Samples: Share Purchase Agreement (Chesapeake Lodging Trust)
Room Rentals. OneAn amount equal to one-half (50%) of the room rentals (less credit card commissions) attributable to the night prior to the Closing Date shall be the property of Seller and the remaining one-half (50%) shall be the property of Purchaser. Room rentals attributable to any night prior to the night prior to the Closing Date shall be the property of Seller.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Moody National REIT I, Inc.)
