Common use of Conditional Agreements of Company Clause in Contracts

Conditional Agreements of Company. If RES and IRSA are obligated pursuant to Section 2(b) above to cause the conversion of shares of Series C convertible preferred stock as set forth therein and the Exchange Offer is contemporaneously consummated then the Company agrees:

Appears in 2 contracts

Sources: Exchange Offer Agreement (Condor Hospitality Trust, Inc.), Exchange Offer Agreement (Condor Hospitality Trust, Inc.)