Signage Removal. Promptly after the Closing, Buyer shall “banner” or otherwise temporarily mask the portion of all signage containing the “Orion” or “Pegasus” name or logo, so as to indicate the new ownership, failing which upon five (5) days’ prior written notice, any Seller may do so at Buyer’s expense. Within sixty (60) days after the Closing, Buyer shall cause the portion of all signage containing the “Orion” or “Pegasus” name and such logo to be removed, failing which any Seller may remove such portion of the signage at Buyer’s expense upon fifteen (15) days’ prior written notice. The provisions of this Section shall survive the Closing without limitation.
Appears in 2 contracts
Samples: Agreement of Purchase and Sale (Bluerock Residential Growth REIT, Inc.), Agreement of Purchase and Sale (Bluerock Residential Growth REIT, Inc.)
Signage Removal. Promptly after the Closing, Buyer shall “banner” or otherwise temporarily mask the portion of all signage containing the “Orion” name and the Orion half circle or “Pegasusswoosh” name or logo, so as to indicate the new ownership, failing which upon five (5) days’ days prior written notice, any Seller may do so at Buyer’s expense. Within sixty (60) days after the ClosingClosing with respect to the main signage, and within ninety (90) days after the Closing with respect to the remaining signage, Buyer shall cause the portion of all signage containing the “Orion” or “Pegasus” name and such logo to be removedreplaced, failing which any Seller may remove such portion of the signage at Buyer’s expense upon fifteen (15) days’ days prior written notice. The provisions of this Section shall survive the Closing without limitation.
Appears in 2 contracts
Samples: Agreement of Purchase and Sale, Agreement of Purchase and Sale (Resource Real Estate Opportunity REIT II, Inc.)
Signage Removal. Promptly after the Closing, Buyer shall will “banner” or otherwise temporarily mask the portion of all signage containing the “Orion” or “PegasusGreystar” name or logo, so as logo to indicate the new ownership, failing which upon five (5) days’ days prior written notice, any Seller may do so at Buyer’s expense. Within sixty ninety (6090) days after the Closing, Buyer shall cause the portion of all signage containing the “Orion” or “PegasusGreystar” name and such or logo to be removedreplaced, failing which any Seller may remove such portion of the signage at Buyer’s expense upon fifteen (15) days’ days prior written notice. The provisions of this Section shall survive the Closing without limitation.
Appears in 1 contract
Samples: Purchase and Sale Agreement and Joint Escrow Instructions (Steadfast Income REIT, Inc.)
