AmeriSuites Hotels. (a) In the event that Seller or any Seller Subsidiary shall seek to acquire and/or construct a new "AmeriSuites" brand hotel within a radius of three (3) miles of the Property (each a "Proposed AmeriSuites Hotel") at any -------------------------- time during the Restricted Period, Purchaser or any of its Affiliates shall have the right and option to purchase said Proposed AmeriSuites Hotel (or Seller's interest therein) pursuant to the terms and conditions set forth below.
Appears in 6 contracts
Samples: Purchase and Sale Agreement (American General Hospitality Corp), Purchase and Sale Agreement (American General Hospitality Corp), Purchase and Sale Agreement (American General Hospitality Corp)
AmeriSuites Hotels. (a) In the event that Seller or any Seller Subsidiary shall seek to acquire and/or construct a new "AmeriSuites" brand hotel within a radius of three (3) miles of the Property (each a "Proposed AmeriSuites Hotel") at any -------------------------- time during the Restricted Period, Purchaser or any of its Affiliates shall have the right and option to purchase said Proposed AmeriSuites Hotel (or Seller's interest therein) pursuant to the terms and conditions set forth below.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Prime Hospitality Corp)
AmeriSuites Hotels. (a) In the event that Seller or any Seller Subsidiary shall seek to acquire and/or construct a new "AmeriSuites" brand hotel within a radius of three (3) miles of the Property (each a "Proposed -------- AmeriSuites Hotel") at any -------------------------- time during the Restricted Period, Purchaser or any ----------------- of its Affiliates shall have the right and option to purchase said Proposed AmeriSuites Hotel (or Seller's interest therein) pursuant to the terms and conditions set forth below.
Appears in 1 contract
Samples: Purchase and Sale Agreement (American General Hospitality Corp)
