Increases to Exchange Property Credit. Regardless of the actual ------------------------------------- interest earned thereon, there shall be credited to the Exchange Property Credit an amount equal to the interest which would be earned on the amount of such credit outstanding from time to time if it had been deposited with the Title Company earning interest equivalent to the Federal Reserve Bank Discount Rate.
Appears in 2 contracts
Samples: Purchase Sale and Option Agreement (Hospitality Properties Trust), Purchase, Sale and Exchange Agreement (Hospitality Properties Trust)
Increases to Exchange Property Credit. Regardless of the actual ------------------------------------- interest earned thereon, there shall be credited to the Exchange Property Credit an amount equal to the interest which would be earned on the amount of such credit outstanding from time to time if it had been deposited with the Title Company earning interest equivalent to the Federal Reserve Bank Discount Rate.
Appears in 2 contracts
Samples: Purchase Agreement, Purchase Agreement
