Common use of List of Defects Clause in Contracts

List of Defects. A list of all defects or malfunctions affecting any part of the STH Hotels or the Office Building and of which STH or any STH Subsidiary has knowledge with respect to foundations, walls, roofs, heating, electrical, plumbing or air conditioning equipment or systems, and drainage or sewage equipment or systems other than such defects or malfunctions that, individually or in the aggregate, will not result in a Material Adverse Effect.

Appears in 2 contracts

Samples: Merger Agreement (Supertel Hospitality Inc), Merger Agreement (Humphrey Hospitality Trust Inc)

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List of Defects. A list of all defects or malfunctions affecting any part of the STH Hotels or the Office Building and of which STH or any STH Subsidiary has knowledge with respect to foundations, walls, roofs, heating, electrical, plumbing or air conditioning equipment or systems, and drainage or sewage equipment or systems other than such defects or malfunctions that, individually or in the aggregate, will not result in a an STH Material Adverse Effect.

Appears in 2 contracts

Samples: Merger Agreement (PMC Commercial Trust /Tx), Merger Agreement (Supertel Hospitality Inc)

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