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.
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. 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. Gross Revenue from the rental of guestrooms, whether to individuals, groups or transients, at the Hotel, excluding the following:
(a) the amount of all credits, rebates or refunds to customers, guests or patrons;
(b) all sales taxes or any other taxes imposed on the rental of such guest rooms;
(c) any fees collected for amenities including, but not limited to: telephone, laundry, movies or concessions; and
(d) accounts receivable that previously have been included in Room Revenues but which have remained uncollected for at least 180 days and have become, in the reasonable judgment of Lessee, uncollectable.
Room Revenues. Gross revenue from the rental of guest rooms, whether to individuals, groups or transients, at the Project, determined in a manner consistent with the Uniform System, excluding the following:
(i) The amount of all credits, rebates or refunds to customers, guests or patrons;
(ii) All sales taxes or any other taxes imposed on the rental of such guest rooms; and
(iii) any fees collected for amenities including, but not limited to, telephone, laundry, movies or concessions.
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.
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.
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. 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. 2.1 Taxes.......................................
