Uncured Violations. As a condition to Buyers’ 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 any Property or any of the Companies, which has not been corrected to the satisfaction of such Buyer.
Appears in 1 contract
Sources: Membership Interest Purchase and Sale Agreement (Bluerock Enhanced Multifamily Trust, Inc.)
Uncured Violations. As a condition to Buyers’ Buyer’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 any Property or any of the Companies, which has not been corrected to the satisfaction of such Buyerthe issuer of the notice.
Appears in 1 contract
Sources: Membership Interest Purchase and Sale Agreement (Behringer Harvard Multifamily Reit I Inc)