Contributor’s Default. If the Closing fails to occur due to the default of a Contributor, REIT shall be entitled to recover from the applicable defaulting Contributor any out-of-pocket expenses reasonably incurred by REIT specifically incurred in connection with this Agreement.
Appears in 4 contracts
Samples: Contribution Agreement (Bluerock Residential Growth REIT, Inc.), Contribution Agreement (Bluerock Residential Growth REIT, Inc.), Contribution Agreement (Bluerock Residential Growth REIT, Inc.)
Contributor’s Default. If the Closing fails to occur due to the default of a Contributor, REIT shall be entitled to recover from the applicable defaulting Contributor any out-of-pocket expenses reasonably incurred by REIT specifically incurred in connection with this Agreement.
Appears in 4 contracts
Samples: Contribution Agreement (Bluerock Residential Growth REIT, Inc.), Contribution Agreement (Bluerock Residential Growth REIT, Inc.), Contribution Agreement (Bluerock Residential Growth REIT, Inc.)
