Termination by Contributor. If, prior to Closing, the Acquiror defaults in performing any of its obligations under this Agreement (including its obligation to acquire the Property), and the Acquiror fails to cure any such default within ten business days after notice thereof from the Contributor, then the Contributor's sole remedy for such default shall be to terminate this Agreement.
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Samples: Contribution Agreement (Hersha Hospitality Trust), Contribution Agreement (Hersha Hospitality Trust), Contribution Agreement (Hersha Hospitality Trust)
Termination by Contributor. If, prior to Closing, the Acquiror defaults in performing any of its obligations under this Agreement (including its obligation to acquire the Property)Agreement, and the Acquiror fails to cure any such default within ten five (5) business days after notice thereof from the Contributor, then the Contributor's ’s sole remedy for such default shall be to terminate this Agreement.
Appears in 2 contracts
Samples: Contribution Agreement (Hersha Hospitality Trust), Contribution Agreement (Hersha Hospitality Trust)
Termination by Contributor. If, prior to Closing, the Acquiror defaults in performing any of its obligations under this Agreement (including its obligation to acquire the Property), or any of its obligations under the Other Contribution Agreements, and the Acquiror fails to cure any such default within ten (10) business days after notice thereof from the Contributor, then the Contributor's sole remedy for such default shall be to terminate this Agreement.the
Appears in 2 contracts
Samples: Contribution Agreement (Innkeepers Usa Trust/Fl), Contribution Agreement (Innkeepers Usa Trust/Fl)
Termination by Contributor. If, prior to Closing, the Acquiror defaults Acquirers default in performing any of its their obligations under this Agreement (including its obligation to acquire the Property)Agreement, and the Acquiror fails Acquirers fail to cure any such default within ten five (5) business days after notice thereof from the ContributorContributors, then the Contributor's Contributors’ sole remedy for such default shall be to terminate this Agreement.
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Termination by Contributor. If, prior to Closing, the Acquiror Acquirer defaults in performing any of its obligations under this Agreement (including its obligation to acquire the Property)Agreement, and the Acquiror Acquirer fails to cure any such default within ten five (5) business days after notice thereof from the Contributor, then the Contributor's ’s sole remedy for such default shall be to terminate this Agreement.
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Termination by Contributor. If, prior to Closing, the Acquiror defaults in performing any of its obligations under this Agreement (including its obligation to acquire the Property)Agreement, and the Acquiror fails to cure any such default within ten five (5) business days after notice thereof from the Contributor, then the Contributor's sole remedy for such default shall be to terminate this Agreement.
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Termination by Contributor. If, prior to Closing, the Acquiror -------------------------- defaults in performing any of its obligations under this Agreement (including its obligation to acquire purchase the Property), and the Acquiror fails to cure any such default within ten business five days after notice thereof from the Contributor, then the Contributor's sole remedy for such default shall be to terminate this Agreement.
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