Condemnation Actions. As of the Effective Date, to Seller’s Knowledge, (i) Seller has not received written notice of any pending condemnation actions with respect to the Real Property or any material part thereof, and (ii) there is no threatened condemnations action with respect to the Real Property or any material portion thereof.
Appears in 3 contracts
Samples: Agreement of Purchase and Sale, Agreement of Purchase and Sale (Moody National REIT I, Inc.), Agreement of Purchase and Sale (Moody National REIT I, Inc.)
Condemnation Actions. As of the Effective Date, there are no pending or, to Seller’s Knowledgeknowledge, (i) Seller has not received written notice of any pending threatened condemnation or eminent domain actions or proceedings with respect to the Real Property or any material part thereof, and (ii) there is no threatened condemnations action with respect to the Real Property or any material portion thereof.
Appears in 1 contract
Samples: Hotel Purchase and Sale Agreement (American Realty Capital Hospitality Trust, Inc.)
