Unopened Containers. All inventories of food and beverage in unopened containers, as well as all inventories of unopened and unused linens, china, glassware, silver, uniforms, towels, paper goods, stationery, soaps, cleaning supplies and the like with respect to the Hotel on hand as of the Closing Date, for which Hersha Owner shall receive a credit at Closing in the amount of the total of the actual cost to Hersha Owner of such items transferred to Owner JV at Closing.
Appears in 5 contracts
Samples: Asset Purchase and Contribution Agreement (Hersha Hospitality Trust), Asset Purchase and Contribution Agreement (Hersha Hospitality Trust), Asset Purchase and Contribution Agreement (Hersha Hospitality Trust)
Unopened Containers. All inventories of food and beverage in unopened containers, as well as all inventories of unopened and unused linens, china, glassware, silver, uniforms, towels, paper goods, stationery, soaps, cleaning supplies and the like with respect to 15 the Hotel on hand as of the Closing Date, for which Hersha Owner shall receive a credit at Closing in the amount of the total of the actual cost to Hersha Owner of such items transferred to Owner JV at Closing.
Appears in 2 contracts
Samples: Asset Purchase and Contribution Agreement (Hersha Hospitality Trust), Asset Purchase and Contribution Agreement (Hersha Hospitality Trust)
