Pursuit Costs definition
Examples of Pursuit Costs in a sentence
In no event under this Section 8.3(c) shall Hersha Owner or Hersha Lessee be liable to Owner JV or Lessee LV for any actual (except for Owner JV’s Pursuit Costs), consequential, punitive, treble, exemplary, speculative or other damages.
On or before April 30, 1998, Homestead shall repay, or cause to be repaid, to PTR any advances of Loan proceeds in respect of Pursuit Costs (together with accrued and unpaid interest thereon) that have not been repaid pursuant to Section 2.3 hereof as of the Expiration Date.
In such event, any Pursuit Costs theretofore funded with Loan proceeds, together with accrued and unpaid interest thereon due under the terms of the Corporate Note, shall be repaid by Homestead to PTR within 30 days after delivery of such notice to PTR.
On or before April 30, 1998, Homestead shall repay, or cause to be repaid, to Atlantic any advances of Loan proceeds in respect of Pursuit Costs (together with accrued and unpaid interest thereon) that have not been repaid pursuant to Section 2.3 hereof as of the Expiration Date.
In such event, any Pursuit Costs theretofore funded with Loan proceeds, together with accrued and unpaid interest thereon due under the terms of the Corporate Note, shall be repaid by Homestead to Atlantic within 30 days after delivery of such notice to Atlantic.