Ownership of Sellers. Candlewood is the sole owner, directly or indirectly, of all of the issued and outstanding beneficial interests in the Sellers and the transactions contemplated by this Agreement are of direct material benefit to Candlewood.
Appears in 5 contracts
Samples: Purchase and Sale Agreement (Candlewood Hotel Co Inc), Purchase and Sale Agreement (Candlewood Hotel Co Inc), Purchase and Sale Agreement (Candlewood Hotel Co Inc)