PURCHASE AND SALE AGREEMENT dated as of December 18, 2006 between BRIDGEWATER HOTELWORKS ASSOCIATES, L.P., CHARLOTTE HOTELWORKS ASSOCIATES, L.P., GAITHERSBURG HOTELWORKS ASSOCIATES, L.P., PLEASANT HILL LODGING PARTNERS, L.P., PLEASANTON HOTELWORKS...Purchase and Sale Agreement • December 22nd, 2006 • Hersha Hospitality Trust • Real estate investment trusts • New York
This PURCHASE AND SALE AGREEMENT, dated as of the 18th day of December, 2006, (this “Agreement”) between BRIDGEWATER HOTELWORKS ASSOCIATES, L.P., CHARLOTTE HOTELWORKS ASSOCIATES, L.P., GAITHERSBURG HOTELWORKS ASSOCIATES, L.P., PLEASANT HILL LODGING PARTNERS, L.P., PLEASANTON HOTELWORKS ASSOCIATES, L.P., SCOTTSDALE HOTELWORKS ASSOCIATES, L.P., and HARRISON HOTELWORKS ASSOCIATES, L.P., each a Kansas limited partnership (each, a “Seller” and collectively, “Sellers”), and HERSHA HOSPITALITY LIMITED PARTNERSHIP, a Virginia limited partnership, (“Purchaser”), provides:
