Common use of If No Termination Clause in Contracts

If No Termination. If a Casualty occurs and Buyer either does not or elects not to exercise the right under Section 9.3.1 to terminate this Agreement, this Agreement shall continue in force and, upon Closing, Buyer shall receive, at Buyer’s election:

Appears in 1 contract

Samples: Agreement for Purchase and Sale (Ashford Hospitality Prime, Inc.)

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If No Termination. If a Casualty occurs and Buyer either does not have or elects not to exercise the right under Section 9.3.1 to terminate this Agreement, this Agreement shall continue in force and, upon Closing, Buyer shall receive, at Buyer’s election:

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Pebblebrook Hotel Trust)

If No Termination. If a Casualty occurs and Buyer either does not have or elects not to exercise the right under Section 9.3.1 12.01 to terminate this Agreement, this Agreement shall continue in force and, upon Closing, Buyer shall receive, at Buyer’s election:

Appears in 1 contract

Samples: Guaranty Agreement (Red Lion Hotels CORP)

If No Termination. If a Casualty occurs and Buyer either does not or elects not to exercise the right under Section 9.3.1 to terminate neither party terminates this Agreement, this Agreement shall continue in force and, upon Closing, Buyer shall receive, at Buyer’s election:

Appears in 1 contract

Samples: Asset Purchase Agreement (Lodging Fund REIT III, Inc.)

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If No Termination. If a Casualty occurs and Buyer either does not have or elects not to exercise the right under Section 9.3.1 9.4.1 to terminate this Agreement, this Agreement shall continue in force and, upon at Closing, Buyer shall receive, at Buyer’s election:

Appears in 1 contract

Samples: Joint Escrow Instructions (Marcus Corp)

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