Common use of Sale of Asset Clause in Contracts

Sale of Asset. (a) On the Closing Date and pursuant to the terms and subject to the conditions set forth in this Agreement, the Seller shall sell to the Buyer, and the Buyer shall purchase from the Seller, the Asset.

Appears in 10 contracts

Samples: Agreement of Purchase and Sale (Strategic Hotels & Resorts, Inc), Assignment and Assumption Agreement (Carey Watermark Investors Inc), Agreement of Purchase and Sale (American Realty Capital New York City REIT, Inc.)

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Sale of Asset. (a) On the Closing Date and pursuant to the terms and subject to the conditions set forth in this Agreement, the Seller shall sell to the Buyer, and the Buyer shall purchase from the Seller, the Asset.

Appears in 2 contracts

Samples: Agreement of Purchase and Sale (Glimcher Realty Trust), Agreement of Purchase and Sale (Wells Real Estate Investment Trust Inc)

Sale of Asset. (a) On the Closing Date and pursuant to the terms terms, and subject to the conditions conditions, set forth in this Agreement, the Seller shall sell to the Buyer, and the Buyer shall purchase from the Seller, Seller’s right, title and interest in the Asset.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (American Realty Capital New York City REIT, Inc.)

Sale of Asset. (a) On the Closing Date Dates and pursuant to the terms and subject to the conditions set forth in this Agreement, the Seller shall sell to the Buyer, and the Buyer shall purchase from the Seller, the Asset.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (HRPT Properties Trust)

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Sale of Asset. (a) On the Closing Date (as hereinafter defined) and pursuant to the terms and subject to the conditions set forth in this Agreement, the Seller Sellers shall sell to the Buyer, and the Buyer shall purchase from the SellerSellers, the Asset.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Prime Group Realty Trust)

Sale of Asset. (a) On the Closing Date and pursuant to the terms and subject to the conditions set forth in this Agreement, the Seller shall sell to the Buyer, and the Buyer shall purchase from the Seller, Seller’s right, title and interest in the Asset; provided that, Seller hereby reserves (and shall at the Closing reserve and retain) all Mineral, Oil and Gas Rights.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Resource Real Estate Opportunity REIT II, Inc.)

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