Common use of Uncured Violations Clause in Contracts

Uncured Violations. As a condition to Operating Partnership’s obligation to close, there shall be no notice issued after the expiration of the Due Diligence Period of any material violation or alleged material violation of any applicable Law, with respect to the Property, which has not been corrected to the reasonable satisfaction of Operating Partnership.

Appears in 2 contracts

Sources: Contribution Agreement (Bluerock Residential Growth REIT, Inc.), Contribution Agreement (Bluerock Residential Growth REIT, Inc.)