Common use of Acquisition Agreements Clause in Contracts

Acquisition Agreements. The Acquisition Agreements pursuant to which the Company expects to acquire the Additional Hotels (including any Additional Hotels which the Company may determine to acquire after the Closing Time) are in full force and effect. The Company intends and reasonably expects to consummate the acquisition and lease of all Additional Hotels not owned or acquired by it as of the Closing Time as expeditiously as possible after the Closing Time, including as and when the construction of certain of such properties is completed.