Cross-Termination. In the event of a termination of the Tower Management Agreement pursuant to the terms of this Assignment, that certain Property Management and Leasing Agreement (World Trade Center Garage) dated as of March 23, 2006 between Garage Mortgage Borrower and Manager shall, at Lender’s option, automatically terminate and be of no further force and effect in accordance with the provisions of that certain Assignment of Garage Management and Consent and Agreement of Manager (Mezzanine Loan) dated as of the date hereof among Garage Mezzanine Borrower, Garage Mortgage Borrower, Lender and Manager.
Appears in 2 contracts
Samples: Pledge and Security Agreement (MPG Office Trust, Inc.), Pledge and Security Agreement (MPG Office Trust, Inc.)
Cross-Termination. In the event of a termination of the Tower Garage Management Agreement pursuant to the terms of this Assignment, that certain Property Management and Leasing Agreement (World Trade Center GarageGas Company Tower) dated as of March 23June 27, 2006 2003 between Garage Tower Mortgage Borrower and Manager shall, at Lender’s option, automatically terminate and be of no further force and effect in accordance with the provisions of that certain Assignment of Garage Tower Management Agreement and Consent and Agreement of Manager (Mezzanine Loan) dated as of the date hereof among Garage Tower Mezzanine Borrower, Garage Tower Mortgage Borrower, Lender and Manager.
Appears in 2 contracts
Samples: Pledge and Security Agreement (MPG Office Trust, Inc.), Pledge and Security Agreement (MPG Office Trust, Inc.)
