Hotel Properties. (a) With the exception of Encumbrances which will be satisfied and discharged at Closing, each Interest Holder as appropriate owns the Property free and clear of any Encumbrances as defined in the CTF Agreement.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Marriott International Inc /Md/), Purchase and Sale Agreement (Sunstone Hotel Investors, Inc.)
Hotel Properties. (a) With the exception of Encumbrances which will be satisfied and discharged at Closing, each Interest Holder Holder, as appropriate appropriate, owns the Property free and clear of any Encumbrances as defined in the CTF AgreementEncumbrances.
Appears in 2 contracts
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Marriott International Inc /Md/)
Hotel Properties. (a) With the exception of Encumbrances which will be satisfied and discharged at Closing, each Interest Holder Holder, as appropriate appropriate, owns the Property free and clear of any Encumbrances as defined in the CTF Agreement.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Marriott International Inc /Md/)
