Common use of Excluded Records Clause in Contracts

Excluded Records. The term “Records” shall exclude proforma budgets and projections (provided the Hotel has been open and operating for a period of three months prior to Closing) and construction budgets and contracts related to the development and construction of the Hotel.

Excluded Records. The term “Records” shall exclude proforma budgets and projections (provided the Hotel has been open and operating for a period of three (3) months prior to Closing) and construction budgets and contracts related to the development and construction of the Hotel.