Common use of Exchange Contracts Clause in Contracts

Exchange Contracts. (a). At the request of the Seller and subject to all of the applicable terms and conditions of this Agreement, the Purchaser shall, upon 5 days' prior notice from the Seller, execute and deliver a purchase and sale agreement or an assignment and assumption agreement of the Seller's interest under any purchase and sale agreement, in either case, for the acquisition of one or more Exchange Parcels (any such purchase and sale agreement or assignment thereof, an "Exchange Contract"), it being expressly understood and agreed, however, that the Purchaser's obligation to execute or accept assignment of any Exchange Contract shall be subject to the conditions that:

Exchange Contracts. (a). ) At the request of the Seller and subject to all of the applicable terms and conditions of this Agreement, the Purchaser shall, upon 5 days' prior notice from the Seller, execute and deliver a purchase and sale agreement or an assignment and assumption agreement of the Seller's interest under any purchase and sale agreement, in either case, for the acquisition of one or more Exchange Parcels (any such purchase and sale agreement or assignment thereof, an "Exchange Contract"), it being expressly understood and agreed, however, that -------- -------- the Purchaser's obligation to execute or accept assignment of any Exchange Contract shall be subject to the conditions that:

Exchange Contracts. (a). ) At the request of the Seller and subject to all of the applicable terms and conditions of this Agreement, the Purchaser shall, upon 5 days' prior notice from the Seller, execute and deliver a purchase and sale agreement or an assignment and assumption agreement of the Seller's interest under any purchase and sale agreement, in either case, for the acquisition of one or more Exchange Parcels (any such purchase and sale agreement or assignment thereof, an "Exchange Contract"), it being expressly understood and agreed, however, that --------- -------- the Purchaser's obligation to execute or accept assignment of any Exchange Contract shall be subject to the conditions that: