Damage or Destruction of Assets. In the event of destruction or material damage, at or before the moment of Closing, of any of the assets of the Hotel, Restaurant or Property, then either Buyer of Seller shall have the right to terminate this Agreement.
Appears in 2 contracts
Samples: Asset Purchase Agreement (MHI Hospitality CORP), Asset Purchase Agreement (MHI Hospitality CORP)
Damage or Destruction of Assets. In the event of destruction or material damage, at or before the moment of Closing, of any of the assets of the Hotel, Restaurant or Propertyassets, then either Buyer of Seller shall have the right to terminate this Agreement.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Soligen Technologies Inc), Asset Purchase Agreement (Us Natural Gas Corp)
