PURCHASE CONTRACT between BRIAD LODGING GROUP SOMERSET, LLC, BRIAD LODGING GROUP WALLINGFORD, LLC, BRIAD LODGING GROUP MT. OLIVE, LLC, BRIAD LODGING GROUP HARTFORD, LLC, and BRIAD LODGING GROUP ROCKY HILL, LLC (COLLECTIVELY, “SELLER”) AND APPLE SIX...Purchase Contract • June 14th, 2005 • Apple Reit Six Inc • Real estate investment trusts
This PURCHASE CONTRACT (this “Contract”) is made and entered into as of the 8th day of April, 2005, by and between BRIAD LODGING GROUP WALLINGFORD, LLC, a New Jersey limited liability company (“Wallingford LLC”), BRIAD LODGING GROUP SOMERSET, LLC, a New Jersey limited liability company (“Somerset LLC”), BRIAD LODGING GROUP MT. OLIVE, LLC, a New Jersey limited liability company (“Mt. Olive LLC”), BRIAD LODGING GROUP HARTFORD, LLC, a New Jersey limited liability company (“Hartford LLC”), and BRIAD LODGING GROUP ROCKY HILL LLC, a New Jersey limited liability company (“Rocky Hill LLC”, and, collectively with Wallingford LLC , Somerset LLC, Hartford LLC and Rocky Hill LLC, “Seller”), with its principal office at 78 Okner Parkway, Livingston, New Jersey 07039, and APPLE SIX HOSPITALITY, INC., a Virginia corporation, with its principal office at c/o Apple REIT Companies, 814 East Main Street, Richmond, Virginia 23219, or its assigns (“Buyer”), and joined in by BRIAD RESTAURANT GROUP, LLC, a N
Dated as of April 8, 2005Apple Reit Six Inc • June 14th, 2005 • Real estate investment trusts
Reference is hereby made to the Purchase Contract referred to above. Capitalized terms used herein but not defined herein shall have the meanings assigned thereto in the Purchase Contract.
