Common use of Management Agreement, Consent and Assignment, Etc Clause in Contracts

Management Agreement, Consent and Assignment, Etc. For and during the Term of this Lease, but not thereafter, Landlord has assigned unto Tenant Landlord's interest as "Owner" under that certain Management Agreement dated ______________, _____, by and between Landlord and ___________________ (the "MANAGER"), as amended prior to the date hereof and subsequently modified and amended pursuant to that certain [Consent, Assignment and Assumption and Amendment of Management Agreement] dated as of even date herewith by and among Landlord, Tenant and Manager (the "CONSENT AND ASSIGNMENT") (together with all past and future modifications and amendments thereto, the "MANAGEMENT AGREEMENT"). Pursuant to the Consent and Assignment, Tenant has accepted such assignment and assumed and agreed to perform all of Landlord's obligations as "Owner" under the Management Agreement (including certain obligations of "Owner" that the Consent and Assignment expressly provides shall both apply to and be binding upon Tenant, and continue to apply to and be binding upon Landlord (as, but only to the extent, such obligations apply to Landlord, the "CONTINUING OBLIGATIONS")), except for certain obligations of "Owner" that the Consent and Assignment expressly provides shall remain the sole obligations of Landlord (the "RETAINED OBLIGATIONS"). Landlord hereby covenants to perform the Retained Obligations and the Continuing Obligations. In addition, Landlord shall be entitled, together with Tenant, to exercise the "Continuing Rights," as defined in the Consent and Assignment, and Tenant shall not be entitled to exercise any of the "Reserved Rights," as defined in the Consent and Assignment, which are reserved exclusively to Landlord.

Management Agreement, Consent and Assignment, Etc. For and during the Term of this Lease, but not thereafter, Landlord has assigned unto Tenant Landlord's interest as "Owner" under that certain Management Agreement dated ______________, _____, by and between Landlord Landlord, or Landlord's predecessor in interest, and ___________________ (the "MANAGERManager"), as amended prior to the date hereof and subsequently modified and amended pursuant to that certain [Consent, Assignment and Assumption and Amendment of Management Agreement] Agreement dated as of even date herewith the Commencement Date, as modified and amended from time to time, by and among Landlord, Tenant and Manager (the "CONSENT AND ASSIGNMENTConsent and Assignment") (together with all past and future modifications and amendments thereto, the "MANAGEMENT AGREEMENTManagement Agreement"). Pursuant to the Consent and Assignment, Tenant has accepted such assignment and assumed and agreed to perform all of Landlord's obligations as "Owner" under the Management Agreement (including certain obligations of "Owner" that the Consent and Assignment expressly provides shall both apply to and be binding upon Tenant, and continue to apply to and be binding upon Landlord (as, but only to the extent, such obligations apply to Landlord, the "CONTINUING OBLIGATIONSContinuing Obligations")), except for certain obligations of "Owner" that the Consent and Assignment expressly provides shall remain the sole obligations of Landlord (the "RETAINED OBLIGATIONSRetained Obligations"). Landlord hereby covenants to perform the Retained Obligations and the Continuing Obligations. In addition, Landlord shall be entitled, together with Tenant, to exercise the "Continuing Rights," as defined in the Consent and Assignment, and Tenant shall not be entitled to exercise any of the "Reserved Rights," as defined in the Consent and Assignment, which are reserved exclusively to Landlord.

Management Agreement, Consent and Assignment, Etc. For and during the Term of this Lease, but not thereafter, Landlord has assigned unto Tenant Landlord's interest as "Owner" under that certain Management Agreement dated ______________, _____, by and between Landlord and ___________________ (the "MANAGERManager"), as amended prior to the date hereof and subsequently modified and amended pursuant to that certain [Consent, Assignment and Assumption and Amendment of Management Agreement] dated as of even date herewith by and among Landlord, Tenant and Manager (the "CONSENT AND ASSIGNMENTConsent and Assignment") (together with all past and future modifications and amendments thereto, the "MANAGEMENT AGREEMENTManagement Agreement"). Pursuant to the Consent and Assignment, Tenant has accepted such assignment and assumed and agreed to perform all of Landlord's obligations as "Owner" under the Management Agreement (including certain obligations of "Owner" that the Consent and Assignment expressly provides shall both apply to and be binding upon Tenant, and continue to apply to and be binding upon Landlord (as, but only to the extent, such obligations apply to Landlord, the "CONTINUING OBLIGATIONSContinuing Obligations")), except for certain obligations of "Owner" that the Consent and Assignment expressly provides shall remain the sole obligations of Landlord (the "RETAINED OBLIGATIONSRetained Obligations"). Landlord hereby covenants to perform the Retained Obligations and the Continuing Obligations. In addition, Landlord shall be entitled, together with Tenant, to exercise the "Continuing Rights," as defined in the Consent and Assignment, and Tenant shall not be entitled to exercise any of the "Reserved Rights," as defined in the Consent and Assignment, which are reserved exclusively to Landlord.