PURCHASE AND SALE AGREEMENTPurchase and Sale Agreement • July 17th, 2006 • Hersha Hospitality Trust • Real estate investment trusts
THIS PURCHASE AND SALE AGREEMENT (this “Agreement”) is made and entered into as of July 11, 2006 by and between CNL HOSPITALITY PARTNERS, LP, a Delaware limited partnership (the “Seller”) and HERSHA HOSPITALITY LIMITED PARTNERSHIP, a limited partnership organized under the laws of the Commonwealth of Virginia, and its assignee or designee (the “Purchaser”), which together constitute the “Parties” (and referred to individually as a “Party”).
