Acknowledgement and Guarantee of Apple Five Transfer Agreement. To relieve the Company of its liabilities and obligations under the Apple Five Transfer Agreement, Assignee (i) formally acknowledges and unconditionally and irrevocably guarantees, from and after the Transfer Time, all liabilities and obligations of Apple Fund under the Apple Five Transfer Agreement, if any, and (ii) shall, at the Transfer Time, execute and deliver the Acknowledgement and Guarantee set forth on Exhibit A hereto (together with the Joinder Signature Page, the “Ancillary Documents”).
Appears in 2 contracts
Sources: Assignment and Transfer Agreement, Assignment and Transfer Agreement (BRE Select Hotels Corp)
Acknowledgement and Guarantee of Apple Five Transfer Agreement. To relieve the Company Advisors of its liabilities and obligations under the Apple Five Transfer Agreement, Assignee Apple Nine (i) formally acknowledges and unconditionally and irrevocably guarantees, from and after the Transfer Time, all liabilities and obligations of Apple Fund under the Apple Five Transfer Agreement, if any, and (ii) shall, at the Transfer Time, execute and deliver the Acknowledgement and Guarantee set forth on Exhibit A hereto (together with the Joinder Signature Page, the “Ancillary Documents”)hereto.
Appears in 1 contract
Sources: Assignment and Transfer Agreement (Apple REIT Seven, Inc.)