Default by Acquiror. In the event Acquiror defaults in any of its obligations under this Agreement, then Contributor may elect to exercise, against Acquiror, any of the rights and remedies granted under the Master Agreement.
Appears in 3 contracts
Sources: Contribution Agreement (American Housing Income Trust, Inc.), Contribution Agreement (American Housing Income Trust, Inc.), Contribution Agreement (American Housing Income Trust, Inc.)
Default by Acquiror. In the event Acquiror defaults in any of its obligations under this Agreement, then Contributor may elect to exercise, against Acquiror, any of the rights and remedies granted under Section 28.3(a) of the Master Agreement.
Appears in 2 contracts
Sources: Contribution Agreement, Contribution Agreement (Arizona Land Income Corp)