REIT’s Default. If, after the expiration of the Due Diligence Period, the Closing fails to occur due to the default of the REIT, the Contributor shall be entitled to recover from the REIT any out-of-pocket expenses reasonably incurred by said Contributor specifically incurred in connection with this Agreement.
Appears in 4 contracts
Samples: Contribution Agreement (Bluerock Residential Growth REIT, Inc.), Contribution Agreement (Bluerock Residential Growth REIT, Inc.), Contribution Agreement (Bluerock Residential Growth REIT, Inc.)
REIT’s Default. If, after the expiration of the Due Diligence Period, the Closing fails to occur due to the default of the REIT, the Contributor Contributors shall be entitled to recover from the REIT any out-of-pocket expenses reasonably incurred by said Contributor Contributors specifically incurred in connection with this Agreement.
Appears in 4 contracts
Samples: Contribution Agreement (Bluerock Residential Growth REIT, Inc.), Contribution Agreement (Bluerock Residential Growth REIT, Inc.), Contribution Agreement (Bluerock Residential Growth REIT, Inc.)