Effect of Purchaser’s Knowledge. If Purchaser has Knowledge prior to Closing of the inaccuracy of any representation or warranty made by Seller in this Agreement and Purchaser nevertheless elects to close this transaction, such representation or warranty by Seller with respect to such matter shall be deemed to be modified to reflect such Purchaser’s Knowledge.
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)
Effect of Purchaser’s Knowledge. If Purchaser has Knowledge prior to the Closing of the inaccuracy a breach of any representation or warranty made by Seller in this Agreement and Purchaser nevertheless elects to close this transaction, such representation or warranty by Seller with respect to such matter shall be deemed to be modified to reflect such Purchaser’s Knowledge.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Hyatt Hotels Corp), Purchase and Sale Agreement (Xenia Hotels & Resorts, Inc.)
Effect of Purchaser’s Knowledge. If Purchaser has Knowledge prior to Closing of the inaccuracy a breach of any representation or warranty made by Seller in this Agreement and Purchaser nevertheless elects to close this transaction, such representation or warranty by Seller with respect to such matter shall be deemed to be modified to reflect such Purchaser’s Knowledge.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Chesapeake Lodging Trust)
Effect of Purchaser’s Knowledge. If Purchaser has Knowledge prior to Closing of the inaccuracy a breach of any representation or warranty made by Seller in this Agreement and Purchaser nevertheless elects to close this transaction, such representation or warranty by Seller with respect to such matter shall be deemed to be modified to reflect such Purchaser’s 's Knowledge.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Westin Hotels LTD Partnership)
Effect of Purchaser’s Knowledge. If Purchaser has Knowledge prior to Closing of the inaccuracy a breach of any representation or warranty made by Seller in this Agreement and Purchaser nevertheless elects to close this transaction, such representation or warranty by Seller with respect to such matter shall be deemed to be modified to reflect such Purchaser’s 's Knowledge, and Purchaser shall have no indemnification claims or other rights or remedies against Seller with respect thereto.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Comstock Homebuilding Companies, Inc.)
Effect of Purchaser’s Knowledge. If Purchaser has Knowledge prior to Closing of the inaccuracy a breach of any representation or warranty made by Seller in this Agreement and Purchaser nevertheless elects to close this transaction, such representation or warranty by Seller with respect to such matter shall be deemed not to be modified have been breached to reflect such the extent of Purchaser’s 's Knowledge.
Appears in 1 contract
Samples: Agreement of Purchase and Sale and Joint Escrow Instructions (Apple Hospitality Five Inc)
