Default by the Purchaser. If the transaction herein contemplated fails to close as a result of the default of the Purchaser hereunder, or the Purchaser having made any representation or warranty herein which shall be untrue or misleading in any material respect, or the Purchaser having failed to perform any of the covenants and agreements contained herein to be performed by it, the Seller may terminate this Agreement (in which case, the Purchaser shall reimburse the Seller for all of the fees, charges, disbursements and expenses of the Seller’s attorneys).
Appears in 67 contracts
Samples: Purchase and Sale Agreement (CommonWealth REIT), Purchase and Sale Agreement (Senior Housing Properties Trust), Purchase and Sale Agreement (Senior Housing Properties Trust)
Default by the Purchaser. If the transaction herein contemplated fails to close as a result of the default of the Purchaser hereunder, or the Purchaser having made any representation or warranty herein which shall be untrue or misleading in any material respect, or the Purchaser having failed to perform any of the covenants and agreements contained herein to be performed by it, the Seller Sellers may terminate this Agreement (in which case, the Purchaser shall reimburse the Seller Sellers for all of the fees, charges, disbursements and expenses of the Seller’s Sellers’ attorneys).
Appears in 1 contract
Samples: Purchase and Sale Agreement (HRPT Properties Trust)
