Excepted Transactions. Notwithstanding anything contained in this Agreement to the contrary, the REIT Parties’ rights under Section 4 do not extend to the Excluded Remington Transactions and the Remington Parties’ rights under Section 4(d)(iv) or Section 5 do not extend to the Excluded REIT Transactions. Each party hereto agrees to give written notice to the other party of any Excluded REIT Transaction or Excluded Remington Transaction, as applicable, describing said transaction with reasonable detail.
Appears in 4 contracts
Samples: Mutual Exclusivity Agreement (Ashford Hospitality Trust Inc), Mutual Exclusivity Agreement (Braemar Hotels & Resorts Inc.), Development Agreement (Ashford Hospitality Prime, Inc.)
Excepted Transactions. Notwithstanding anything contained in this Agreement to the contrary, the REIT Parties’ ' rights under Section SECTION 4 do not extend to the Excluded Remington Transactions and the Remington Parties’ ' rights under Section 4(d)(ivSECTION 4(c) or Section SECTION 5 do not extend to the Excluded REIT Transactions. Each party hereto agrees to give written notice to the other party of any Excluded REIT Transaction or Excluded Remington Transaction, as applicable, describing said transaction with reasonable detail.
Appears in 1 contract
Samples: Mutual Exclusivity Agreement (Ashford Hospitality Trust Inc)
