Arrangements with Affiliates. Any outstanding receivable, payable and other intercompany transaction, arrangement or contract between Owners or any of their Affiliates, on the one hand, and any Owner Entity, on the other hand, will be satisfied or terminated prior to Closing ("Arrangements with Affiliates").
Appears in 1 contract
Sources: Combined Contribution and Purchase and Sale Agreement (Ashford Hospitality Trust Inc)
Arrangements with Affiliates. Any outstanding receivable, payable and other intercompany transaction, arrangement or contract between Owners or any of their Affiliates, on the one hand, and any Owner Entity, on the other hand, will be satisfied or terminated prior to Closing ("βArrangements with Affiliates"β).
Appears in 1 contract
Sources: Combined Contribution and Purchase and Sale Agreement (Ashford Hospitality Trust Inc)