Conveyance of the Property. At Closing, Seller shall convey the Real Property subject to (i) all Permitted Exceptions, and (ii) all Unpermitted Exceptions which are cured by causing the Title Company to remove or insure over such Unpermitted Exceptions in the Title Policy, but which otherwise are not removed from title.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Chesapeake Lodging Trust), Purchase and Sale Agreement (Chesapeake Lodging Trust)
Conveyance of the Property. At Closing, Seller shall convey the Real Property Property, subject to all (i) all Permitted Exceptions, Exceptions and (ii) all Unpermitted Exceptions which are cured by causing the Title Company to remove or insure over such the Unpermitted Exceptions in the Title PolicyPolicies, but which otherwise are not removed from title.
Appears in 2 contracts
Samples: Master Purchase and Sale Agreement (Hersha Hospitality Trust), Master Purchase and Sale Agreement (Hersha Hospitality Trust)
Conveyance of the Property. At Closing, Seller shall convey the Real Property subject to all (i) all Permitted Exceptions, and (ii) all Unpermitted Exceptions which are cured by causing the Title Company to remove or insure over such Unpermitted Exceptions in the Title PolicyPolicy in a manner reasonably acceptable to Purchaser, but which otherwise are not removed from title.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Highland Hospitality Corp)
Conveyance of the Property. At Closing, Seller shall convey the Real Property subject only to all (i) all Permitted Exceptions, and (ii) all Unpermitted Exceptions which are cured by causing the Title Company to remove or insure over such Unpermitted Exceptions in the Title PolicyPolicy in accordance with Section C.4, but which otherwise are not removed from title.
Appears in 1 contract
Samples: Purchase and Sale Agreement (DiamondRock Hospitality Co)
Conveyance of the Property. At Closing, Seller shall convey (a) good and indefeasible title to the Real Property subject only to (i) all the Permitted Exceptions, and (ii) all any Unpermitted Exceptions which are cured by causing the Title Company to remove or insure over such Unpermitted Exceptions in the Title Policy, in accordance with Section 5.3.4, but which otherwise are not removed from title, and (b) the Personal Property, free and clear of all financing liens created by or assumed by Seller (except for the Equipment Leases, which will be subject to the ownership interest of lessor thereunder).
Appears in 1 contract
Conveyance of the Property. At Closing, Seller shall convey the Real Property subject to all (i) all Permitted Exceptions, and (ii) all Unpermitted Exceptions which that are cured by causing the Title Company to remove or insure over such Unpermitted Exceptions in the Title PolicyPolicy as herein provided, but which otherwise are not removed from title.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Lightstone Value Plus Real Estate Investment Trust V, Inc.)
Conveyance of the Property. At Closing, Seller shall convey the Real Property subject only to (i) all Permitted Exceptions, and (ii) all Unpermitted Exceptions which are cured by causing the Title Company to remove or insure over such Unpermitted Exceptions in the Title Policy, but which otherwise are not removed from title.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Pebblebrook Hotel Trust)
Conveyance of the Property. At Closing, Seller shall convey the Real Property subject only to all (i) all Permitted Exceptions, and (ii) all Unpermitted Exceptions which are cured by causing the Title Company to remove or insure over such Unpermitted Exceptions in the Title PolicyPolicy in accordance with this Agreement, but which otherwise are not removed from title.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Carey Watermark Investors Inc)
