Default by Contributor. If Contributor’s or any LP Unit Recipient’s representations and warranties contained herein shall not be materially true and correct on the Contract Date or on the Closing Date, or if any or all of Contributor and the LP Unit Recipient fail to perform any of the covenants and agreements contained herein to be performed by Contributor (including Contributor’s obligation to close), or any LP Unit Recipient, as the case may be, or if any of the Acquiror’s Conditions Precedent shall not have been satisfied, Acquiror may elect to exercise, against Contributor, any of the rights and remedies granted under Section 28.3(c) of the Master Agreement.
Appears in 5 contracts
Samples: Contribution Agreement, Contribution Agreement (American Housing Income Trust, Inc.), Contribution Agreement (American Housing Income Trust, Inc.)
