Common use of Possession; Risk of Loss Clause in Contracts

Possession; Risk of Loss. Buyer shall be granted full possession of each Property at Closing subject to (i) tenant's rights under any space leases of any Property (or any portion thereof) assumed by Buyer, (ii) guests in occupancy and (iii)

Appears in 1 contract

Samples: Contract for Purchase and Sale of Hotels (American General Hospitality Corp)

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Possession; Risk of Loss. Buyer shall be granted full possession of each the Property at Closing subject to (i) Manager's rights under the Management Agreements, (ii) tenant's rights under any space leases of any the Property (or any portion thereof) assumed by Buyer, Buyer and (iiiii) guests in occupancy occupancy. All risk of loss with respect to the Property shall pass to Buyer on and (iii)as of the Closing Date. 40 34

Appears in 1 contract

Samples: Contract for Purchase and Sale of Hotels (Felcor Suite Hotels Inc)

Possession; Risk of Loss. Buyer shall be granted full possession of each the Property at Closing subject to (i) Manager's rights under the Management Agreements, (ii) tenant's rights under any space leases of any the Property (or any portion thereof) assumed by Buyer, Buyer and (iiiii) guests in occupancy occupancy. All risk of loss with respect to the Property shall pass to Buyer on and (iii)as of the Closing Date.

Appears in 1 contract

Samples: Contract for Purchase and Sale of Hotels (Itt Corp /Nv/)

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Possession; Risk of Loss. Buyer shall be granted full possession of each the Property at Closing subject to (i) tenant's rights under any space leases of any the Property (or any portion thereof) assumed by Buyer, (ii) guests in occupancy and (iii)

Appears in 1 contract

Samples: Contract for Purchase and Sale of Hotel (American General Hospitality Corp)

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