Common use of Simultaneous Closing Clause in Contracts

Simultaneous Closing. Except to the extent (i) any of the Other Contribution Agreements have been terminated pursuant to Sections 2.3(b) or (f) therein, or (ii) the Closing Date has been extended pursuant to Section 2.3(b) hereof, or (iii) the Closing date under any Other Contribution Agreements have been extended pursuant to Section 2.3(b) thereof, Acquiror shall simultaneously close on the acquisition of each of the seven hotel properties owned by the DeBoxx Xxxiliated Partnerships under the Other Contribution Agreements.

Appears in 6 contracts

Samples: Contribution Agreement (Innkeepers Usa Trust/Fl), Contribution Agreement (Innkeepers Usa Trust/Fl), Contribution Agreement (Innkeepers Usa Trust/Fl)

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Simultaneous Closing. Except to the extent (i) any of the Other Contribution Agreements have been terminated pursuant to Sections 2.3(b) or (f) therein, or (ii) the Closing Date has been extended pursuant to Section 2.3(b) hereof, or (iii) the Closing date under any Other Contribution Agreements have been extended pursuant to Section 2.3(b) thereof, Acquiror Contributor shall simultaneously close on the acquisition of each of the seven hotel properties owned by the DeBoxx Xxxiliated Partnerships under the Other Contribution Agreements.

Appears in 5 contracts

Samples: Contribution Agreement (Innkeepers Usa Trust/Fl), Contribution Agreement (Innkeepers Usa Trust/Fl), Contribution Agreement (Innkeepers Usa Trust/Fl)

Simultaneous Closing. Except to the extent (i) any of the Other Contribution Agreements have been terminated pursuant to Sections 2.3(b2.2(b), 2.2(f) or (f) 9.5 therein, or (ii) the Closing Date has been extended pursuant to Section 2.3(b) hereof, hereof or (iii) the Closing date Date under any Other Contribution Agreements have been extended pursuant to Section 2.3(b) thereof, Acquiror shall simultaneously close on the acquisition of each of the seven ten (10) hotel properties owned by the DeBoxx Xxxiliated Summerfield Affiliated Partnerships under the Other Contribution Agreements.

Appears in 1 contract

Samples: Contribution Agreement (Innkeepers Usa Trust/Fl)

Simultaneous Closing. Except to the extent (i) any of the Other Contribution Agreements have been terminated pursuant to Sections 2.3(b2.2(b), 2.2(f) or (f) 9.6 therein, or (ii) the Closing Date has been extended pursuant to Section 2.3(b) hereof, hereof or (iii) the Closing date Date under any Other Contribution Agreements have been extended pursuant to Section 2.3(b) thereof, Acquiror Contributor shall simultaneously close on the acquisition contribution of each of the seven ten (10) hotel properties owned by the DeBoxx Xxxiliated Summerfield Affiliated Partnerships under the Other Contribution Agreements.

Appears in 1 contract

Samples: Contribution Agreement (Innkeepers Usa Trust/Fl)

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Simultaneous Closing. Except to the extent (i) any of the Other Contribution Agreements have been terminated pursuant to Sections 2.3(b) or (f) therein, or (ii) the Closing Date has been extended pursuant to Section 2.3(b) hereof, or (iii) the Closing date under any Other Contribution Agreements have been extended pursuant to Section 2.3(b) thereof, Acquiror Contributor shall simultaneously close on the acquisition of each of the seven hotel properties owned by the DeBoxx Xxxiliated Partnerships under the Other Contribution Agreements.hotel

Appears in 1 contract

Samples: Contribution Agreement (Innkeepers Usa Trust/Fl)

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