Common use of Default by Acquiror Clause in Contracts

Default by Acquiror. In the event Acquiror defaults in any of its obligations under this Agreement, then Contributor may elect to exercise, against Acquiror, any of the rights and remedies granted under the Master Agreement.

Appears in 3 contracts

Samples: Contribution Agreement (American Housing Income Trust, Inc.), Contribution Agreement (American Housing Income Trust, Inc.), Contribution Agreement (American Housing Income Trust, Inc.)

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Default by Acquiror. In the event Acquiror defaults in any of its obligations under this Agreement, then Contributor may elect to exercise, against Acquiror, any of the rights and remedies granted under Section 28.3(a) of the Master Agreement.

Appears in 2 contracts

Samples: Contribution Agreement, Contribution Agreement (Arizona Land Income Corp)

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