Common use of DESCRIPTION OF THE PROPERTY Clause in Contracts

DESCRIPTION OF THE PROPERTY. Subject to the terms and provisions set forth in this Agreement, at the Closing, Seller shall sell, convey, transfer, assign and deliver to Purchaser, all right, title and interest of Seller in and to the property and assets set forth in this Section 2.1, but expressly excluding the Excluded Property (collectively, the “Property”):

Appears in 3 contracts

Samples: Purchase and Sale Agreement (IMH Financial Corp), Purchase and Sale Agreement (Pebblebrook Hotel Trust), Purchase and Sale Agreement (Pebblebrook Hotel Trust)

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DESCRIPTION OF THE PROPERTY. Subject to the terms and provisions set forth in this Agreement, at the Closing, Seller shall sell, convey, transfer, assign and deliver to Purchaser, and Purchaser shall purchase and accept from Seller, all right, title and interest of Seller in and to the property and assets set forth in this Section 2.1, but expressly excluding the Excluded Property (collectively, the “Property”):

Appears in 3 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Forestar Group Inc.), Purchase and Sale Agreement (Chesapeake Lodging Trust)

DESCRIPTION OF THE PROPERTY. Subject to the terms and provisions set forth in this Agreement, at the Closing, Seller shall sell, convey, transfer, assign and deliver to Purchaser, and Purchaser shall purchase and accept from Seller, all rightof the property, title assets, rights and interest of Seller in and to the property and assets interests set forth in this Section 2.1, but expressly excluding the Excluded Property (collectively, the “Property”):

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Sotherly Hotels Lp), Purchase and Sale Agreement (Sotherly Hotels Lp)

DESCRIPTION OF THE PROPERTY. Subject to the terms and provisions set forth in this Agreement, at the Closing, Seller shall sell, convey, transfer, assign and deliver to Purchaser, and Purchaser shall purchase and accept from Seller, all right, title and interest of Seller in and to the property and assets set forth in this Section 2.1, but expressly excluding the Excluded Property following: (collectively, the “Property”):

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Lincoln Educational Services Corp), Purchase and Sale Agreement (Lincoln Educational Services Corp)

DESCRIPTION OF THE PROPERTY. Subject to the terms and provisions set forth in of this Agreement, at the Closing, Seller Sellers shall sell, convey, transfer, assign and deliver to Purchaser, and Purchaser shall purchase and accept from Sellers, all rightof the property, title assets, rights and interest of Seller in and to the property and assets set forth interests described in this Section 2.11.1 with respect to all of the Hotels, but expressly excluding the Excluded Property (collectively, the “Property”):

Appears in 1 contract

Samples: Purchase and Sale Agreement (Alpine Acquisition Corp.)

DESCRIPTION OF THE PROPERTY. Subject to the terms and provisions set forth in this Agreement, at the Closing, Seller shall sell, convey, transfer, assign and deliver to Purchaser, all rightand Purchaser shall purchase and accept from Seller, title and interest of Seller in and to the property and assets set forth in this Section 2.1, but expressly excluding the Excluded Property (collectively, the “Property”"PROPERTY"):

Appears in 1 contract

Samples: Purchase and Sale Agreement (Westin Hotels LTD Partnership)

DESCRIPTION OF THE PROPERTY. Subject to the terms and provisions set forth in this Agreement, at the Closing, Seller shall sell, convey, transfer, assign and deliver to Purchaser, and Purchaser shall purchase and accept from Seller, all right, title and interest of Seller in and to the property and assets set forth in this Section 2.1, but expressly excluding the Excluded Property . (collectively, the “Property”):

Appears in 1 contract

Samples: Purchase and Sale Agreement (Lincoln Educational Services Corp)

DESCRIPTION OF THE PROPERTY. Subject to the terms and provisions set forth in this Agreement, at the Closing, Seller shall sell, convey, transfer, assign and deliver sell to Purchaser, and Purchaser shall purchase from Seller, all right, title and interest of Seller in and to the property and assets set forth in this Section 2.1, but expressly excluding the Excluded Property (collectively, the “Property”):to:

Appears in 1 contract

Samples: Purchase and Sale Agreement

DESCRIPTION OF THE PROPERTY. Subject to the terms and provisions set forth in this Agreement, at the Closing, Seller shall sell, convey, transfer, assign and deliver deliver, as applicable, to Purchaser, and Purchaser shall purchase and accept from Seller, all right, title and interest of Seller in and to the property and assets set forth in this Section 2.1, but expressly excluding the Excluded Property (collectively, the “Property”):

Appears in 1 contract

Samples: Purchase and Sale Agreement (Lasalle Hotel Properties)

DESCRIPTION OF THE PROPERTY. Subject to the terms and provisions set forth in this Agreement, at the Closing, Seller shall sell, convey, transfer, assign and deliver to Purchaser, and Purchaser shall purchase and accept from Seller, all of Seller’s right, title and interest of Seller in and to the property and assets set forth in this Section 2.1, but expressly excluding the Excluded Property (collectively, the “Property”):

Appears in 1 contract

Samples: Purchase and Sale Agreement (Apple Hospitality REIT, Inc.)

DESCRIPTION OF THE PROPERTY. Subject to the terms and provisions set forth in this Agreement, at the Closing, Seller shall sell, convey, transfer, assign and deliver to Purchaser, and Purchaser shall purchase and accept from Seller, all right, title and interest of Seller in and to the property and assets set forth in this Section 2.1, but expressly excluding the Excluded Property (collectively, the “Property”):): 2230752.03F-NYCSR03A - MSW

Appears in 1 contract

Samples: Purchase and Sale Agreement (Braemar Hotels & Resorts Inc.)

DESCRIPTION OF THE PROPERTY. Subject to the terms and provisions set forth in this Agreement, at the Closing, Seller shall sell, convey, transfer, assign and deliver to Purchaser, and Purchaser shall purchase and accept from Seller, all right, title and interest of Seller and Operating Tenant, as the case may be, in and to the property and assets set forth in this Section 2.1, but expressly excluding the Excluded Property (collectively, the “Property”):

Appears in 1 contract

Samples: Purchase and Sale Agreement (Highland Hospitality Corp)

DESCRIPTION OF THE PROPERTY. Subject to the terms and provisions set forth in this Agreement, at the Closing, Seller shall sell, convey, transfer, assign and deliver (or cause to be sold, conveyed, transferred, assigned and delivered) to Purchaser, and Purchaser shall purchase and accept from Seller, all right, title and interest of Seller in and to the property and assets set forth in this Section 2.1, but expressly excluding the Excluded Property (collectively, the “Property”):

Appears in 1 contract

Samples: Purchase and Sale Agreement (Clearview Hotel Trust, Inc.)

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DESCRIPTION OF THE PROPERTY. Subject to the terms and provisions set forth in this Agreement, at the Closing, Seller shall sell, convey, transfer, assign and deliver deliver, as applicable, to Purchaser, and Purchaser shall purchase and accept from Seller, all right, title and interest of Seller Seller, if any, in and to the Hotel and the other property and assets set forth in this Section 2.1, but expressly excluding the Excluded Property (collectively, the “Property”):

Appears in 1 contract

Samples: Purchase and Sale Agreement (Ashford Hospitality Trust Inc)

DESCRIPTION OF THE PROPERTY. Subject to the terms and provisions set forth in this Agreement, at the Closing, Seller shall (and shall cause Operating Tenant to) sell, convey, transfer, assign and deliver to Purchaser, and Purchaser shall purchase and accept from Seller and Operating Tenant, all right, title and interest of Seller and Operating Tenant, as the case may be, in and to the property and assets set forth in this Section 2.1, but expressly excluding the Excluded Property (collectively, the “Property”):”.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Chesapeake Lodging Trust)

DESCRIPTION OF THE PROPERTY. Subject to the terms and provisions conditions set forth in this AgreementAgreement and subject to the terms and conditions of the Management Agreement as hereinafter set forth, at the Closing, Closing Seller shall sell, convey, transfer, assign and deliver to Purchaser, all rightand Purchaser shall purchase and accept from Seller, title and interest of Seller in and to without warranty except as otherwise expressly stated, the property and assets set forth in this Section 2.1, but expressly excluding the Excluded Property (collectively, the "Property"):

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Apple Hospitality Five Inc)

DESCRIPTION OF THE PROPERTY. Subject to the terms and provisions set forth in this Agreement, at the Closing, Seller shall sell, convey, transfer, assign and deliver to Purchaser, all rightand Purchaser shall purchase and accept or assume, title and interest of Seller in and to as applicable, from Seller, the property and assets set forth in this this Section 2.1, but expressly excluding the Excluded Property and the Retained Liabilities (collectively, the “Property”):

Appears in 1 contract

Samples: Purchase and Sale Agreement (Carey Watermark Investors Inc)

DESCRIPTION OF THE PROPERTY. Subject to the terms and provisions set forth in this Agreement, at the Closing, Seller shall sell, convey, transfer, assign and deliver to Purchaser, and Purchaser shall purchase and accept from Seller, free and clear of all rightEncumbrances, title other than Permitted Exceptions, all property and interest assets of Seller in and to Seller, including, without limitation, the property and assets set forth in this Section 2.1, but expressly excluding the Excluded Property (collectively, the “Property”):

Appears in 1 contract

Samples: Purchase and Sale Agreement (Lightstone Value Plus Real Estate Investment Trust V, Inc.)

DESCRIPTION OF THE PROPERTY. Subject to the terms and provisions set forth in this Agreement, at the Closing, Seller shall sell, convey, transfer, assign and deliver to Purchaser, and Purchaser shall purchase and accept from Seller, all right, title and interest of Seller in and to the property and assets set forth in this Section 2.1II.A, but expressly excluding the Excluded Property (collectively, the “Property”):

Appears in 1 contract

Samples: Purchase and Sale Agreement (DiamondRock Hospitality Co)

DESCRIPTION OF THE PROPERTY. Subject to the terms and provisions set forth in this Agreement, at the Closing, Seller shall sell, convey, transfer, assign and deliver to Purchaser, and Purchaser shall purchase and accept from Seller, all right, title and interest of Seller Seller, if any, in and to the property and assets set forth in this Section 2.1, but expressly excluding the Excluded Property (collectively, the “Property”):

Appears in 1 contract

Samples: Purchase and Sale Agreement (Westin Hotels LTD Partnership)

DESCRIPTION OF THE PROPERTY. Subject to the terms and provisions set forth in this Agreement, at the Closing, Seller shall (and shall cause Operating Tenant to) sell, convey, transfer, assign and deliver to Purchaser, and Purchaser shall purchase and accept from Seller and Operating Tenant, all right, title and interest of Seller and Operating Tenant, as the case may be, in and to the property and assets set forth in this Section 2.1, but expressly excluding the Excluded Property (collectively, the “Property”):

Appears in 1 contract

Samples: Purchase and Sale Agreement (Chesapeake Lodging Trust)

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