Common use of Fixtures and Tangible Personal Property Clause in Contracts

Fixtures and Tangible Personal Property. All fixtures, furniture, furnishings, fittings, equipment (including laundry equipment), cars, trucks, machinery, apparatus, signage, appliances, draperies, carpeting and other articles of personal property used or useable in connection with the use, operation and maintenance of the Hotel at normal operating levels customarily maintained for the effective economic operation of the Hotel as a "Country Hearth Inn" hotel property, including, without limitation, architectural, engineering and other plans (including "as built" plans) and drawings, the account and business records relating to the operation of the Hotel, telephone numbers for the Hotel, service marks and trademarks relating to the Hotel, all software and data bases (including the disks), ledgers, bank statements, keys and locks and safe combinations, excluding, however: (i) the Consumables; (ii) the Supplies; (iii) equipment and property leased pursuant to the Hotel Contracts; (iv) property owned by guests or other persons furnishing services to the Hotel; (v) the Improvements, (vi) property located at the Hotel and owned by Seller and/or its Affiliates but not used or necessary for the normal operation of the Hotel, and (vii) funds or cash equivalents in Hotel operating accounts or any cash, ▇▇▇▇▇ cash or currency physically located at the Hotel on the Closing Date.

Appears in 2 contracts

Sources: Agreement of Sale and Purchase (Host Funding Inc), Agreement of Sale and Purchase (Host Funding Inc)

Fixtures and Tangible Personal Property. All fixtures, furniture, furnishings, fittings, equipment (including laundry equipment), cars, trucks, machinery, apparatus, signage, appliances, draperies, carpeting and other articles of personal property used or useable in connection with the use, operation and maintenance of the Hotel at normal operating levels customarily maintained for the effective economic operation of the Hotel as a "Country Hearth Days Inn" hotel property, including, without limitation, architectural, engineering and other plans (including "as built" plans) and drawings, the account and business records relating to the operation of the Hotel, telephone numbers for the Hotel, service marks and trademarks relating to the Hotel, all software and data bases (including the disks), ledgers, bank statements, keys and locks and safe combinations, excluding, however: (i) the Consumables; (ii) the Supplies; (iii) equipment and property leased pursuant to the Hotel Contracts; (iv) property owned by guests or other persons furnishing services to the Hotel; (v) the Improvements, (vi) property located at the Hotel and owned by Seller and/or its Affiliates but not used or necessary for the normal operation of the Hotel, and (vii) funds or cash equivalents in Hotel operating accounts or any cash, ▇▇▇▇▇ cash or currency physically located at the Hotel on the Closing Date.

Appears in 1 contract

Sources: Agreement of Sale and Purchase (Host Funding Inc)