Common use of Preliminary Actions Clause in Contracts

Preliminary Actions. Prior to the execution and delivery of this Agreement, the following actions were taken: (a) SIR was organized as a Maryland real estate investment trust on or about December 19, 2011; (b) CWH advanced funds on behalf of SIR to pay certain SIR Expenses related to the offering of SIR Common Shares; (c) REIT Sub1 and REIT Sub2 were organized as Maryland real estate investment trusts on or about February 8, 2012;

Preliminary Actions. Prior to the execution and delivery of this Agreement, the following actions were taken: (a) SIR was organized as a Maryland real estate investment trust on or about December 19, 2011; (b) CWH advanced funds on behalf of SIR to pay certain SIR Expenses related to the offering of SIR Common Shares; (c) REIT Sub1 and REIT Sub2 were organized as Maryland real estate investment trusts on or about February 8[·], 2012;