Permitted Assignee. An entity wholly owned by Buyer which shall be formed by Buyer following the Effective Date and prior to the Closing Date for purposes of acquiring all or any portion of or interest in the Property.
Appears in 3 contracts
Samples: Purchase and Sale Agreement, Agreement of Purchase and Sale (CNL Hotels & Resorts, Inc.), Agreement of Purchase and Sale (Ashford Hospitality Trust Inc)
Permitted Assignee. An Any entity or entities wholly owned by Buyer or controlled by Buyer which shall be formed by Buyer following the Effective Date and prior to the Closing Date for purposes of acquiring all or any portion of or interest in the Property.
Appears in 1 contract
Samples: Agreement of Purchase and Sale (CNL Hotels & Resorts, Inc.)
