Common use of Exceptions to Liquidated Damages Clause in Contracts

Exceptions to Liquidated Damages. Notwithstanding -------------------------------- anything to the contrary contained in this Agreement, the provisions of Section ------- 10 shall not apply to any rights or obligations of Seller or Purchaser which -- survive the Closing and in connection with such matters which survive the Closing, a party may seek damages in a court of law or exercise any other remedies available at law or equity.

Appears in 6 contracts

Samples: Purchase and Sale Agreement (American General Hospitality Corp), Purchase and Sale Agreement (American General Hospitality Corp), Purchase and Sale Agreement (American General Hospitality Corp)

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Exceptions to Liquidated Damages. Notwithstanding -------------------------------- anything to the contrary contained in this Agreement, the provisions of Section ------- 10 shall not apply to any rights or obligations of Seller or Purchaser which -- survive the Closing and in connection with such matters which survive the -51- 58 Closing, a party may seek damages in a court of law or exercise any other remedies available at law or equity.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Prime Hospitality Corp)

Exceptions to Liquidated Damages. Notwithstanding -------------------------------- anything to the contrary contained in this Agreement, the provisions of Section ------- 10 shall not apply to any rights or obligations of Seller or Purchaser which -- survive the Closing and in connection with such matters which survive the Closing, a party may seek damages in a court of law or exercise any other remedies available at law or equity.

Appears in 1 contract

Samples: Purchase and Sale Agreement (American General Hospitality Corp)

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Exceptions to Liquidated Damages. Notwithstanding -------------------------------- anything to the contrary contained in this Agreement, the provisions of Section ------- 10 shall not apply to any rights or obligations of Seller or Purchaser which -- survive the Closing and in connection with such matters which survive the Closing, a party may seek damages in a court of law or exercise any other remedies available at law or equity.

Appears in 1 contract

Samples: Purchase and Sale Agreement (American General Hospitality Corp)

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