Contributor’s Default. If the Closing fails to occur due to the default of Contributor, Operating Partnership shall be entitled to recover from the Contributor any out-of-pocket expenses reasonably incurred by Operating Partnership specifically incurred in connection with this Agreement.
Appears in 2 contracts
Sources: Contribution Agreement (Bluerock Residential Growth REIT, Inc.), Contribution Agreement (Bluerock Residential Growth REIT, Inc.)