Common use of Designation Agreement Clause in Contracts

Designation Agreement. On or before the Closing Date, Seller and Purchaser shall each execute an original counterpart of a Designation Agreement, substantially in the form of Exhibit G attached hereto, which Designation Agreement names the Title Company as the “Reporting Person” under Section 6045(e) of the Internal Revenue Code (the “Designation Agreement”).

Appears in 3 contracts

Samples: Purchase and Sale Agreement (LaSalle Hotel Properties), Purchase and Sale Agreement and Joint Escrow Instructions (Pebblebrook Hotel Trust), Purchase and Sale Agreement and Joint Escrow Instructions (Ashford Hospitality Trust Inc)

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Designation Agreement. On or before the Closing Date, Seller and Purchaser shall each execute an original counterpart of a Designation Agreement, substantially in the form of Exhibit EXHIBIT G attached hereto, which Designation Agreement names the Title Company as the "Reporting Person" under Section 6045(eSECTION 6045(E) of the Internal Revenue Code (the “Designation Agreement”"DESIGNATION AGREEMENT").

Appears in 1 contract

Samples: Purchase and Sale Agreement and Escrow Instructions (Behringer Harvard Short Term Opportunity Fund I Lp)

Designation Agreement. On or before the Closing Date, Seller and Purchaser shall each execute an original counterpart of a Designation Agreement, substantially in the form of Exhibit G attached hereto, which Designation Agreement names the Title Company as the "Reporting Person" under Section 6045(e) of the Internal Revenue Code (the "Designation Agreement").

Appears in 1 contract

Samples: Purchase and Sale Agreement (Maui Land & Pineapple Co Inc)

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Designation Agreement. On or before the Closing Date, Seller and Purchaser shall each execute an original counterpart of a Designation Agreement, substantially in the form of Exhibit G H attached hereto, which Designation Agreement names the Title Company as the “Reporting Person” under Section 6045(e) of the Internal Revenue Code (the “Designation Agreement”).

Appears in 1 contract

Samples: Purchase and Sale Agreement and Escrow Instructions (Strategic Hotel Capital Inc)

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