Common use of List of Defects Clause in Contracts

List of Defects. A list of all defects or malfunctions affecting any part of the Hotels and of which STH or any STH Subsidiary has knowledge with respect to foundations, walls, roofs, heating, electrical, plumbing or air conditioning equipment or systems, and drainage or sewage equipment or systems other than such defects or malfunctions that, individually or in the aggregate, will not result in an STH Material Adverse Effect.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (PMC Commercial Trust /Tx), Agreement and Plan of Merger (Supertel Hospitality Inc)

AutoNDA by SimpleDocs

List of Defects. A list of all defects or malfunctions affecting any part of the STH Hotels or the Office Building and of which STH or any STH Subsidiary has knowledge with respect to foundations, walls, roofs, heating, electrical, plumbing or air conditioning equipment or systems, and drainage or sewage equipment or systems other than such defects or malfunctions that, individually or in the aggregate, will not result in an STH a Material Adverse Effect.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Supertel Hospitality Inc), Agreement and Plan of Merger (Humphrey Hospitality Trust Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.