Joint Undertaking. In addition to the obligations expressly required to be performed hereunder by Seller and Buyer, each party agrees to cooperate with the other and to perform such other acts and to execute, acknowledge and deliver, before and after the Closing, such other instruments, documents and materials as a party may reasonably request and as shall be necessary in order to effect the consummation of the transactions contemplated hereby and to vest title to the Property in Buyer or its assignees or nominees; provided that no such other instrument, document or material shall either extend or enlarge the obligations of the non-requesting party beyond the express undertakings of this Agreement or shall require or could require the non-requesting party to make any payment or expend any funds which are not expressly provided for herein.
Appears in 2 contracts
Samples: Purchase and Sale Agreement, Agreement of Sale (GMH Communities Trust)
Joint Undertaking. In addition to the obligations expressly required to be performed hereunder by Seller each Contributor and BuyerAcquiror, each party agrees to cooperate with the other and to perform such other acts and to execute, acknowledge and deliver, before and after the Closing, such other instruments, documents and materials as a party may reasonably request and as shall be necessary in order to effect the consummation of the transactions contemplated hereby and to vest title to the Property in Buyer or its assignees or nomineeshereby; provided that no such other instrument, document or material shall either extend or enlarge the obligations of the non-requesting party beyond the express undertakings of this Agreement or shall require or could require the non-requesting party to make any payment or expend any funds which are not expressly provided for herein.
Appears in 2 contracts
Samples: Contribution Agreement (GMH Communities Trust), Contribution Agreement (GMH Communities Trust)
Joint Undertaking. In addition to the obligations expressly required to be performed hereunder under this Agreement by Seller and Buyer, each party Party agrees to cooperate with the other and to perform such other acts and to execute, acknowledge and deliver, deliver before and after the Closing, such other instruments, documents and materials material as a party Party may reasonably request and as shall be necessary in order to effect the consummation of the transactions contemplated hereby and to vest title to the Property in Buyer or its assignees or nomineesunder this Agreement; provided that no such other instrument, document or material shall either extend or enlarge the obligations of the non-requesting party Party beyond the express undertakings of this Agreement or shall require or could require the non-requesting party Party to make any payment or expend to incur any funds which are not expressly provided for hereinmaterial expense (including without limitation material legal fees), unless the requesting Party shall promptly reimburse the non-requesting Party.
Appears in 2 contracts
Samples: Agreement for Sale and Purchase of Loan (Resource Real Estate Opportunity REIT, Inc.), Agreement for Sale and Purchase of Loan