Common use of REINSTATEMENT OF PURCHASE AGREEMENT Clause in Contracts

REINSTATEMENT OF PURCHASE AGREEMENT. The termination of the Purchase Agreement is hereby revoked and, except as expressly modified by this Amendment, the Purchase Agreement shall be, and hereby is, reinstated in its entirety and shall be in full force and effect as if the same had never been terminated.

Appears in 3 contracts

Samples: Purchase Agreement (KBS Real Estate Investment Trust, Inc.), Sales Agreement (KBS Real Estate Investment Trust, Inc.), Purchase and Sale Agreement (KBS Real Estate Investment Trust, Inc.)

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REINSTATEMENT OF PURCHASE AGREEMENT. The Notwithstanding the prior termination of the Purchase Agreement or any provision to the contrary contained in the Termination Agreement, the termination of the Purchase Agreement is hereby revoked and, except as expressly modified by this AmendmentReinstatement, the Purchase Agreement shall be, and hereby is, reinstated in its entirety and shall be in full force and effect as if the same had never been terminated. In furtherance thereof, the Termination Agreement shall be null and void and of no further force and effect except as provided in Section 3 below.

Appears in 2 contracts

Samples: Real Estate Purchase and Sale Agreement (Summit Hotel Properties, Inc.), Real Estate Purchase and Sale Agreement (American Realty Capital Hospitality Trust, Inc.)

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