Common use of Seller Consents Clause in Contracts

Seller Consents. Seller shall use all reasonable efforts to obtain the requisite consents of Seller’s limited partners pursuant to the provisions of Seller’s limited partnership agreement; provided, however, notwithstanding Section 3.1 to the contrary, the Review Period shall not commence until Seller has notified Buyer in writing that it has obtained such consents. Notwithstanding the foregoing, however, Seller shall have either obtained such consents or waived this requirement on the date that is on or before ten (10) business days from and after the date of this Contract.

Appears in 5 contracts

Samples: Purchase Contract (Apple REIT Nine, Inc.), Purchase Contract (Apple REIT Nine, Inc.), Purchase Contract (Apple REIT Nine, Inc.)

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