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ies prior to the Closing Date as shall occur in the ordinary course of business (the "Fixed Asset Supplies"); (iv) all "Inventories," as defined in the Uniform System of Accounts, such as provisions in storerooms, refrigerators, pantries, and kitchens, beverages in wine cellars and bars, other merchandise intended for sale or
of the Due Diligence Period, Seller shall be permitted to terminate or modify existing Equipment Leases and Service Contracts, and to enter into new Equipment Leases and Service Contracts in the ordinary course of business and on commercially reasonable terms determined by Seller in the exercise of its good faith judgment.
into in compliance with the terms hereof (the "Equipment Leases"); (iii) all items included within the definition of "Property and Equipment" under the Uniform System of Accounts for the Lodging Industry, Eleventh Revised Edition, 2015, as copyrighted by the Hotel Association of New York City, Inc. and published by the Ameri
f the Due Diligence Period, Seller shall be permitted to terminate or modify existing Equipment Leases and Service Contracts, and to enter into new Equipment Leases and Service Contracts in the ordinary course of business and on commercially reasonable terms determined by Seller in the exercise of its good faith judgment.
hereof-Ethe -in the Assumed Equipment Leases" (as defined below); (iii) all items included within the definition of "Property and Equipment" under the Uniform System of Accounts for the Lodging Industry, Eleventh Revised Edition, 2015, as copyrighted by the Hotel Association of New York City, Inc. and published by the Ameri
of the Due Diligence Period, Seller shall be permitted to terminate or modify existing Equipment Leases and Service Contracts, and to enter into new Equipment Leases and Service Contracts in the ordinary course of business and on commercially reasonable terms determined by Seller in the exercise of its good faith judgment.
Entities connected to both the Uniform System of Accounts and Equipment Leases and Service
Katsky Korins LLP
ORGANIZATION
George Mitchell
PERSONMaster Lease
ORGANIZATIONthe American Hotel & Motel Association
ORGANIZATIONAssumption of Service Contracts
ORGANIZATIONthe State Transfer Tax Return
ORGANIZATIONCity Transfer Tax Return
ORGANIZATIONU.S. Central Intelligence Agency
ORGANIZATIONPre-Closing Reservations
ORGANIZATIONU.S. Securities & Exchange Commission
ORGANIZATION
David Mitchell
PERSONThe Social Security
ORGANIZATIONMitchell Holdings
ORGANIZATIONthe Commitment and/or Survey
ORGANIZATION
Review
ORGANIZATIONProperty Taxes
ORGANIZATIONthe Apportionment Date
ORGANIZATIONthe Current Ledger
ORGANIZATIONUnopened Fixed Asset Supplies
ORGANIZATIONAssumption of Equipment Leases
ORGANIZATION