Common use of Representations, Warranties and Covenants; Obligations of Purchaser Clause in Contracts

Representations, Warranties and Covenants; Obligations of Purchaser. The representations and warranties by Purchaser made in this Agreement shall be true and correct in all material respects as of the Closing Date as if then made; and Purchaser shall have performed in all material respects all of its covenants and other obligations under this Agreement.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Sunstone Hotel Investors, Inc.), Purchase and Sale Agreement (Strategic Hotel Capital Inc), Purchase and Sale Agreement (CNL Hotels & Resorts, Inc.)

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Representations, Warranties and Covenants; Obligations of Purchaser. The All of Purchaser’s representations and warranties by Purchaser made in this Agreement shall be true and correct in all material respects as of the date hereof and as of the date of Closing Date as if then made; made and Purchaser shall have performed in all material respects all of its covenants and other obligations under this Agreement. Each of the conditions contained in this Section are intended for the benefit of Seller and may be waived in whole or in part, in writing, by Seller or automatically if Seller proceeds to Closing.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Ashford Hospitality Trust Inc), Purchase and Sale Agreement (Ashford Inc.), Purchase and Sale Agreement (Ashford Hospitality Trust Inc)

Representations, Warranties and Covenants; Obligations of Purchaser. The All of Purchaser’s representations and warranties by Purchaser made in this Agreement shall be true and correct in all material respects as of the date hereof and as of the date of Closing Date as if then made; made and Purchaser shall have performed in all material respects all of its covenants and other obligations under this Agreement.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Braemar Hotels & Resorts Inc.), Purchase and Sale Agreement (Ashford Hospitality Prime, Inc.)

Representations, Warranties and Covenants; Obligations of Purchaser. The All of Purchaser’s representations and warranties by Purchaser made in this Agreement shall be true and correct in all material respects as of the Effective Date and as of the date of Closing Date as if then made; made and Purchaser shall have performed in all material respects all of its covenants and other obligations under this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Wyndham International Inc)

Representations, Warranties and Covenants; Obligations of Purchaser. The All of Purchaser’s representations and warranties by Purchaser made in this Agreement shall be true and correct in all material respects as of the date hereof and as of the date of Closing Date as if then made; made and Purchaser shall have performed in all material respects all of its covenants and other obligations under this Agreement. Each of the conditions contained in this Section are intended for the benefit of Seller and may be waived in whole or in part, by Seller, but only by an instrument in writing signed by Seller.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Ashford Hospitality Prime, Inc.)

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Representations, Warranties and Covenants; Obligations of Purchaser. The All of Purchaser’s representations and warranties by Purchaser made in this Agreement shall be true and correct in all material respects as of the date hereof and as of the date of Closing Date as if then made; made and Purchaser shall deliver a certificate to such effect (“Purchaser’s Date-down Certificate”). Purchaser shall have performed in all material respects all of its covenants and other obligations under this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Ashford Hospitality Trust Inc)

Representations, Warranties and Covenants; Obligations of Purchaser. The All of Purchaser’s representations and warranties by Purchaser made in this Agreement shall be true and correct in all material respects as of the Effective Date and as of the date of Closing Date as if then made; made and Purchaser shall have performed in all material respects all of its covenants and other obligations under this Agreement. Each of the conditions contained in this Section are intended for the benefit of Sellers and may be waived in whole or in part, in writing, by Sellers or shall be deemed to have been waived automatically upon Closing of the sale to Purchaser.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Gaylord Entertainment Co /De)

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