Takings. If, prior to the Closing Date, all or any portion of the Real Property is taken by eminent domain or by an act of governmental authority, or if an action for such taking is initiated or threatened, Seller shall promptly give Purchaser written notice thereof, and the following shall apply:
Appears in 8 contracts
Samples: Agreement for Sale, Assignment and Assumption Agreement (Carey Watermark Investors 2 Inc), Agreement for Sale (Carey Watermark Investors Inc)
Takings. If, after the Effective Date and prior to the Closing Date, all or any portion of the Real Property is taken by eminent domain or by an act of governmental authority, or if an action for such taking is initiated or threatened, Seller shall promptly give Purchaser written notice thereof, and the following shall apply:
Appears in 6 contracts
Samples: Agreement for Sale and Purchase of Hotel, Agreement for Sale and Purchase (American Realty Capital Hospitality Trust, Inc.), Agreement for Sale and Purchase Of (Moody National REIT I, Inc.)
Takings. If, prior to the Closing Date, all or any portion of the Real Property is taken by eminent domain or by an act of governmental authority, or if an action for such taking is initiated or threatened, Seller shall promptly give Purchaser written notice thereof, and the following shall apply:
Appears in 3 contracts
Samples: Agreement for Sale and Purchase of Hotel (Strategic Hotel Capital Inc), Agreement for Sale (Strategic Hotel Capital Inc), Hotel Purchase and Sale Agreement (Boykin Lodging Co)
Takings. If, prior to the Closing Date, all or any portion of the Real Property Estate is taken by eminent domain or by an act of governmental authority, or if an action for such taking is initiated or threatened, Seller shall promptly give Purchaser written notice thereof, and the following shall apply:
Appears in 1 contract
Samples: Agreement for Sale and Purchase (Hersha Hospitality Trust)
Takings. If, prior to the Closing Date, all or any portion or all of the Real Property is taken by eminent domain or by an act of governmental authority, or if an action for such taking is initiated or threatened, Seller shall promptly give Purchaser written notice thereof, and the following shall apply:
Appears in 1 contract
Samples: Purchase and Sale Agreement (Behringer Harvard Opportunity REIT II, Inc.)
