Limitation of Claims. No claim on account of a Seller default under Section 14.2 above, shall be brought against Seller unless damages exceed the Agreed-Upon Limit. Any such claim of Seller default which does not result in the termination of this Offer must be asserted within one (1) year of the Closing Date or it shall be deemed waived.
Appears in 9 contracts
Samples: Purchase Contract (Apple REIT Nine, Inc.), Purchase Contract (Apple REIT Nine, Inc.), Purchase Contract (Apple REIT Nine, Inc.)
