Hotel Account definition

Hotel Account shall have the meaning set forth in Section 7.1.
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Hotel Account has the meaning specified in Section 2.15.
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Hotel Account means the Account by that name within the Construction Fund established and designated s such by Section 5.02 of this Trust Agreement.
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Examples of Hotel Account in a sentence

  • In the event Reserved Room Nights for which funds have already been deposited into the Hotel Account are cancelled, such funds, less any payments due the Hotel for the cancellation of such Reserved Room Nights pursuant to Section 1.5, shall be released to MATCH.

  • Funds deposited into the Hotel Account shall be paid to the Hotel when the Hotel has fulfilled its obligations under this Agreement (namely, the provision of the FIFA World Cup Rooms) and submitted the Vouchers under the Reservation System to be established by MATCH.

  • A deposit account shall be established in the name of the Hotel at a Bank to be designated by MATCH (the "Hotel Account").

  • MATCH and the Hotel shall execute all necessary and appropriate documents that may be required to accomplish the payment of the funds from the Hotel Account as specified in this Section 3.1. All interest generated by the Hotel Account shall belong to MATCH.

  • The Hotel shall furnish MATCH with one (1) complimentary FIFA World Cup™ Room Night for every thirty (30) Reserved Room Nights for which payment has been made by MATCH to the Hotel Account.

  • The account holder is liable for payment of the account balance and is therefore responsible for 1) that those persons/third parties who use the Eurocard Hotel Account have the necessary authorizations to do so; and 2) that the routines agreed with authorised third parties, concerning how the Eurocard Hotel Account may be charged, prevent any unauthorized use of the Eurocard Hotel Account.

  • Eurocard acts as data controller and may collect and process information (including certain personal data) about the account holder and the account holder’s representatives, administrators and persons authorized by the account holder to use Eurocard Hotel Account.

  • All expenses and all fees related to the operation of the Hotels, including Service Provider’s fees shall be paid out of the Hotel Account and Service Provider is authorized to make such payments.

  • Information is obtained from the account holder or their representatives and persons authorised to use Eurocard Hotel Account from public records maintained by authorities, from Eurocard, and from the registers of the SEB Group, or from other reliable sources.

  • The account holder shall fill in an application for Eurocard Hotel Account.


More Definitions of Hotel Account

Hotel Account means the “Operating Account” as defined in the Management Agreement.
Sample 1
Hotel Account means the bank account or accounts held by the Owner, into which AMR and the Owner shall deposit the Gross Revenues of the Hotel and from which the Owner, either directly or through the Officers, shall make the deposits required to be made to the Operating Account pursuant to the provisions of this Agreement, provided that such deposit will be subject to the right of set-off of AMR pursuant to Clause Seven (F) of this Agreement.
Sample 1

Related to Hotel Account

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • FF&E Reserve Account shall have the meaning set forth in Section 7.3 hereof.

  • Seller Account shall have the meaning set forth in the preamble of this Agreement.

  • Project Account means the account referred to in Section 3.04 (a) of this Agreement;

  • Billing Account is the checking account from which all Service fees will be automatically debited.

  • Special Account means the account referred to in Section 2.02 (b) of this Agreement;

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.

  • Subsidy Account If the Trust Estate contains any Subsidy Loans, the deposit account or accounts created and maintained by the Servicer for deposit of Subsidy Funds and amounts payable under interest subsidy agreements relating to mortgage loans other than the Mortgage Loans.

  • Surplus Account has the meaning assigned to it in Section 3.02(a).

  • Disbursement Account means any Deposit Account maintained by Borrower with a financial institution for the purpose of receiving and disbursing the proceeds of Loans made pursuant hereto.

  • Expense Reserve Account The trust account established pursuant to Section 10.3(d).

  • Revenue Account means the Revenue Account established pursuant to the Resolution. “Revenues” means the Pledged Receipts and Recoveries of Principal.

  • Construction Account means the account by that name established in the FGR Subordinated Indebtedness Fund pursuant to the Second Resolution.

  • Business Account means an Account used primarily for business purposes and not for personal, family, or household purposes.

  • Sub-Account means any of the individual sub-accounts of a Participant’s Account that is maintained as provided in Article VIII.

  • Special Accounts means the accounts referred to in Section 2.02 (b) of this Agreement;

  • Expense Account The account established pursuant to Section 10.3(c).

  • Disbursement Accounts has the meaning ascribed to it in Annex C.

  • Direct Account : means any Account which is not an ISA Account.

  • Reserve Account means the account designated as such, established and maintained pursuant to Section 5.07.

  • FF&E Reserve shall have the meaning given such term in Section 5.1.2(a).

  • Property Account has the meaning set forth in Section 2.8(c).

  • Investment Account As defined in Section 3.12(a).

  • Separate Account shall have the respective meanings assigned to such terms in Section 3 of ERISA.

  • Funding Account has the meaning assigned to such term in Section 4.01(h).