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: Assignment and Assumption 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 2 contracts

Samples: Agreement of Purchase and Sale (Ashford Inc.), Agreement of Purchase and Sale (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: Agreement of Purchase and Sale (Gaylord Entertainment Co /De)

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 Certificate. All of the Purchaser's 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 , the Purchaser shall have performed in all material respects all of its material covenants and other obligations under this AgreementAgreement and the Purchaser shall have executed and delivered to the Seller at Closing a Certificate to the foregoing effect.

Appears in 1 contract

Samples: Purchase Leaseback Agreement (Hersha Hospitality Trust)

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: Agreement of Purchase and Sale (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 have performed in all material respects all of its covenants and other obligations under this Agreement.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (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 as of the date hereof and as of the Closing Date 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 1 contract

Samples: Agreement of Purchase and Sale (Hudson Hotels Trust)

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

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