Performance Under Related Agreement. All conditions precedent to the closing of the transactions contemplated by that certain Purchase and Sale Agreement and Joint Escrow Instructions (the "Related Agreement") dated as of the date hereof by and between Buyer and New Remington Partners shall have been satisfied or waived and the Seller and Escrow Holder thereunder shall be ready, willing and able to perform thereunder, and there shall be no default of Seller under such agreement.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Starwood Hotel & Resorts Worldwide Inc), Purchase and Sale Agreement (Aspen Enterprises International Holdings LTD)
Performance Under Related Agreement. All conditions precedent to the closing of the transactions contemplated by that certain Purchase and Sale Agreement and Joint Escrow Instructions (the "Related Agreement") dated as of the date hereof by and between D.C. Overnight Partners, L.P. and Buyer and New Remington Partners shall have been satisfied or waived and the Seller and Escrow Holder thereunder shall be ready, willing and able to perform thereunder, and there shall be no default of Seller under such agreement.;
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Starwood Hotel & Resorts Worldwide Inc), Purchase and Sale Agreement (Aspen Enterprises International Holdings LTD)