Ownership of Sellers. ShoLodge is the sole owner, directly or indirectly, of all of the issued and outstanding beneficial interests in the Sellers and the Tenant and the transactions contemplated by this Agreement are of direct material benefit to ShoLodge.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Sholodge Inc), Purchase and Sale Agreement (Sholodge Inc)
Ownership of Sellers. ShoLodge is the sole owner, directly or indirectly, of all of the issued and outstanding beneficial interests in the Sellers and the Tenant and the transactions contemplated by this Agreement are of direct material benefit to ShoLodge.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Sholodge Inc), Purchase and Sale Agreement (Hospitality Properties Trust)
