Common use of Apportionment Time Clause in Contracts

Apportionment Time. 11:59 p.m. EDT on the day preceding the Closing Date.

Appears in 2 contracts

Sources: Purchase and Sale Agreement (American Realty Capital Hospitality Trust, Inc.), Purchase and Sale Agreement (American Realty Capital Hospitality Trust, Inc.)

Apportionment Time. 11:59 p.m. EDT 12:01 a.m. local time on the day preceding the Closing Date.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Highland Hospitality Corp)