Room Revenues Sample Clauses

Room Revenues. All revenues from the rental of guest rooms of the Hotels (but excluding any items included in the definition of Other Revenues), together with any and all sales or other taxes thereon.
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Room Revenues. All revenues from guest room rentals and other suite revenues for the period before the Closing Date shall be allocated to the Interest Owners, and all such revenues for the period after the Closing Date shall be allocated to the Buyer. All such revenues for the night in which the Cutoff Time occurs shall be credited to the Interest Owners, but the Interest Owners shall provide the Buyer credit at Closing equal to the reasonable expenses to be incurred to clean such guests’ rooms.
Room Revenues. Gross Revenue from the rental of guestrooms, whether to individuals, groups or transients, at the Hotel, excluding the following:
Room Revenues. Room Revenues for the night of the Closing Date shall be divided equally between Buyer and Sellers pursuant to the Operations Settlement. Revenues, other than Room Revenues, of the Property for the night of the Closing Date shall belong solely to and be retained by Sellers.
Room Revenues. Room Revenues for the night of the Termination Date shall be divided equally between Speakeasy and HHLV pursuant to the Operations Settlement. Revenues, other than Room Revenues, of the Property for the night of the Termination Date shall belong solely to and be retained by HHLV.
Room Revenues. 2.1 Taxes.......................................3.1
Room Revenues. Room Revenues for the night that includes the Time of Proration shall be split equally between Xxxxxx'x and Coast pursuant to the Operations Settlement. Revenues, other than Room Revenues, of the Barbary Coast for the night that includes the Time of Proration shall belong solely to and be retained by Coast.
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Room Revenues. At Closing Seller shall receive (i) a credit in an amount equal to all charges accrued to the open accounts of any guests or customers staying at the Hotel as of the Proration Time for all room nights up to (but not including) the night during which the Adjustment Time occurs and Purchaser shall be entitled to retain all deposits made and amounts collected with respect to such charges. The final night’s room revenue (all revenue related to rooms occupied on the evening preceding the Closing Date as well as movie revenues and parking for such evening) shall be adjusted at Closing and Seller shall receive a credit at Closing in such sum as represents 50% thereof, net of 50% of related credit card company or other commissions to be deducted therefrom by the remitting party with Purchaser entitled to the remaining 50% thereof. From and after the Adjustment Time, revenue from the Hotel attributable to food and beverage and other sales or services shall belong to Purchaser. Purchaser shall receive a credit at Closing in the amount of any unpaid sales and/or hotel/motel occupancy taxes, travel agent commissions and fees and similar costs for the period prior to the Adjustment Time with respect to Hotel guests departing after the Adjustment Time, which Purchaser shall report and pay to the taxing authority.
Room Revenues. All revenues from the rental of guest rooms at the Hotel/Casino, together with any sales or other Taxes thereon (collectively, the “Room Revenues”) for the night preceding the Closing Date shall be divided equally between Buyer and Seller pursuant to the Operations Settlement. Revenues, other than Room Revenues, of the Business for the night preceding the Closing Date shall belong solely to and be retained by Seller. All other revenues, including other Room Revenues, accruing prior to the Time of Possession shall belong solely to and be retained by the Seller.

Related to Room Revenues

  • Revenues 1. Earnings generated during the project implementation through the sales of products and merchandise, participation fees or any other provisions of services against payment must be deducted from the amount of costs incurred by the project in line with Art 61 of Regulation 1303/2013 and stipulations in the programme implementation manual.

  • Collect Revenues, Apply Accounts Lender, either itself or through a receiver, may collect the payments, rents, income, and revenues from the Collateral. Lender may at any time in Lender’s discretion transfer any Collateral into Lender’s own name or that of Lender’s nominee and receive the payments, rents, income, and revenues therefrom and hold the same as security for the Indebtedness or apply it to payment of the Indebtedness in such order of preference as Lender may determine. Insofar as the Collateral consists of accounts, general intangibles, insurance policies, instruments, chattel paper, choses in action, or similar property, Lender may demand, collect, receipt for, settle, compromise, adjust, xxx for, foreclose, or realize on the Collateral as Lender may determine, whether or not Indebtedness or Collateral is then due. For these purposes, Lender may, on behalf of and in the name of Grantor, receive, open and dispose of mail addressed to Grantor; change any address to which mail and payments are to be sent; and endorse notes, checks, drafts, money orders, documents of title, instruments and items pertaining to payment, shipment, or storage of any Collateral. To facilitate collection, Lender may notify account debtors and obligors on any Collateral to make payments directly to Lender.

  • Operating Costs The Assuming Institution agrees, during its period of use of any Leased Data Management Equipment, to pay to the Receiver or to appropriate third parties at the direction of the Receiver all operating costs with respect thereto and to comply with all relevant terms of any existing Leased Data Management Equipment leases entered into by the Failed Bank, including without limitation the timely payment of all rent, taxes, fees, charges, maintenance, utilities, insurance and assessments.

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