Safety Deposit Boxes. For a period of seven (7) days prior to Closing, Seller shall use reasonable commercial efforts not to permit guests to make any deposits into the Hotel’s safety deposit boxes.
Safety Deposit Boxes. Each employee may have one (1) safety deposit box at the rate of one-half (½) the regular annual rent per year. This benefit is subject to the availability of boxes. Employees maybe requested to surrender their boxes or pay the full amount of annual rent if member needs cannot be served.
Safety Deposit Boxes. On the Termination Date Operator shall deliver to Owner all keys to the safe deposit boxes in its possession in the Hotel, all receipts and agreements relating to such safe deposit boxes and a complete list of such safe deposit boxes which list shall contain the name and room number of each depositor. One day prior to the Termination Date, Operator shall send written notice to guests at the Hotel who have safe deposit boxes (which notice shall be in form and substance reasonably satisfactory to Owner), advising of the change of Hotel management and requesting the removal and verification of the contents thereof before the Termination Date. All such removals shall be under the supervision of a representative of Operator and Owner.
Safety Deposit Boxes. On the Closing Date, Seller shall deliver to Purchaser all keys to the safety deposit boxes located at the Hotel, all receipts and agreements relating to such safety deposit boxes which shall contain the name and room number of each depositor. On the Closing Date, Seller shall send written notice to guests at the Hotel who have safety deposit boxes, advising them of the sale of the Business to Purchaser and the procedures to be followed pursuant to this Section 9.2(q) and requesting the removal and verification of the contents thereof within three (3) business days after the Closing Date. All such removals and certifications during said three (3) days shall be under the supervision of a representative of Purchaser and Seller. Boxes of guests who have not responded to such written notice shall be listed at the end of such three (3) day period. Said boxes shall be opened in the presence of the guest, a representative of Purchaser and Seller and the contents recorded; if a guest is not available, then to the extent permitted by Wisconsin law, said boxes shall be opened in the presence of Seller and Purchaser only. Any such property so recorded, and thereafter remaining in the hands of Purchaser shall be the responsibility of Purchaser, and Purchaser shall give Seller a copy of such record and an indemnification reasonably acceptable to the Seller.
Safety Deposit Boxes. On that date which is two (2) days prior to the Closing Date, Seller shall cause a notice to be sent to all hotel guests who have items in the Hotel's front desk safety deposit boxes advising them of the pending sale of the Hotel and requesting their removal and verification of their property within such boxes on the day which is one (1) day prior to the Closing Date. Buyer may have a representative present at the Hotel on the day of Closing for the purpose of viewing such removal and verification. Guests not responding to the written notice shall be listed at the end of the day prior to the day of Closing. The safety deposit boxes shall be opened on the Closing Date in the presence of representatives of Seller and Buyer to be agreed upon between Seller and Buyer, and such guests' property shall be inspected and recorded. All guests' property in the safety deposit boxes that is so inspected and thereafter remains in the hands of Buyer shall be the responsibility of Buyer and Buyer shall save, defend and hold Seller harmless from any claims which may be asserted by any guest with respect to such property. Buyer shall have no responsibility for property not so verified or recorded.
Safety Deposit Boxes. On the Closing Date, Seller shall deliver to Purchaser all keys to the safe deposit boxes and room safes located at the Hotel, to the extent in Seller’s possession, and all receipts and agreements relating to such safe deposit boxes, which shall contain the name and room number of each depositor. Each safe deposit box in use by a Hotel guest shall then be sealed by a representative of Purchaser and Seller. On the Closing Date, Seller shall send written notice to guests at the Hotel who have safe deposit boxes, advising them of the sale of the Hotel to Purchaser and the procedures to be followed pursuant to this Section 7.7 and requesting the removal and verification of the contents thereof within three (3) Business Days after the Closing Date. Safe deposit box of guests who have not responded to such written notice shall be listed at the end of such three (3) Business Day period. All safe deposit boxes shall be opened in the presence of the guest and representatives of Purchaser and Seller and the contents recorded; if the guest is not available, such safe deposit boxes shall be opened in the presence of Seller and Purchaser only in accordance with Minnesota Statute § 345.32(d). Any property remaining in safe deposit boxes as of the Cutoff Time (as defined below) shall be the responsibility of Purchaser, and Purchaser shall give Seller a copy of such record and shall indemnify, defend and hold harmless the Seller-Lender Indemnified Parties and The Xxxxx Companies (and its shareholders, members, consultants, representatives, officers, employees and affiliates) (collectively, the “Xxxxx Indemnified Parties”) from and against any and all Indemnified Claims related to the foregoing, including without limitation any liability pursuant to Minnesota law. Seller shall be responsible for and shall indemnify, defend and hold harmless the Purchaser Indemnified Parties from and against any Indemnified Claims pertaining to any property allegedly deposited in a safe deposit box prior to the Closing Date and not recorded pursuant to the procedures of this Section 7.7. Such indemnities shall survive the Closing.
Safety Deposit Boxes. All part-time and full-time employees shall have the option of obtaining a small safety deposit box free of charge if available.
