Acknowledgement of Termination of Letter Agreement and ROFO Agreement at the Closing Sample Clauses

Acknowledgement of Termination of Letter Agreement and ROFO Agreement at the Closing. The Parties acknowledge and agree that, effective as of the Closing as set forth in the Consent to be delivered thereat, (i) that certain letter agreement, dated as of August 14, 2006, by and among MPG, MOF, MO Manager, and the Company, regarding certain rental abatement payments to be made by MPG to the Company thereunder, shall automatically terminate and be of no further force or effect, and MPG shall be released from all obligations thereunder, and (ii) that certain Right of First Opportunity Agreement, dated as of January 5, 2006 between Macquarie Office Management Limited, as responsible entity of Macquarie Office Trust, an Australian listed property trust, and MPG, shall automatically terminate and be of no further force or effect. The provisions of this Section 16 shall expressly survive the Closing.
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