Preference. Any payment by Seller to Buyer is held to constitute a preference under bankruptcy laws, or for any reason Buyer is required to refund such payment or pay such amount to Seller or someone else.
Appears in 19 contracts
Sources: Guaranty (Goldman Sachs Real Estate Finance Trust Inc), Guaranty (Goldman Sachs Real Estate Finance Trust Inc), Guaranty (BrightSpire Capital, Inc.)
Preference. Any payment by Seller to Buyer Purchaser is held to constitute a preference under bankruptcy laws, or for any reason Buyer Purchaser is required to refund such payment or pay such amount to Seller or someone else.
Appears in 18 contracts
Sources: Guaranty (Fortress Credit Realty Income Trust), Guaranty (Franklin BSP Real Estate Debt, Inc.), Guaranty (Fortress Credit Realty Income Trust)
Preference. Any payment by any Seller to Buyer Purchaser is held to constitute a preference under bankruptcy laws, or for any reason Buyer Purchaser is required to refund such payment or pay such amount to any Seller or someone else.
Appears in 5 contracts
Sources: Guaranty (Blackstone Private Real Estate Credit & Income Fund), Guaranty (Blackstone Mortgage Trust, Inc.), Guaranty (Blackstone Mortgage Trust, Inc.)
Preference. Any payment by any Seller to Buyer Purchaser is held to constitute a preference under bankruptcy laws, or for any reason Buyer Purchaser is required to refund such payment or pay such amount to such Seller or someone else.
Appears in 3 contracts
Sources: Guaranty (Starwood Credit Real Estate Income Trust), Guaranty, Guaranty (Benefit Street Partners Realty Trust, Inc.)
Preference. Any payment by Buyer to Seller to Buyer is held to constitute a preference under the Bankruptcy Code or other applicable bankruptcy laws, laws or for any reason Buyer Seller is required to refund such payment or pay such amount to Seller Buyer or someone elseto any other Person.
Appears in 1 contract
Sources: Purchase and Sale Agreement (Cottonwood Multifamily Opportunity Fund, Inc.)