Common use of Management Agreements Clause in Contracts

Management Agreements. The Management Agreement is in full force and effect in accordance with its terms and there is no default thereunder by any party thereto and, to Borrower’s knowledge, no event has occurred that, with the passage of time and/or the giving of notice would constitute a default thereunder. No management fees under the Management Agreement are accrued and unpaid.

Appears in 6 contracts

Samples: Loan Agreement (Maguire Properties Inc), Loan Agreement (Maguire Properties Inc), Loan Agreement (Maguire Properties Inc)

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Management Agreements. The Each Management Agreement is in full force and effect in accordance with its terms and there is no default thereunder by any party thereto and, to Borrower’s knowledge, and no event has occurred that, with the passage of time and/or the giving of notice would constitute a default thereunder. No management fees under the Management Agreement are accrued and unpaid.

Appears in 3 contracts

Samples: Pledge and Security Agreement (MPG Office Trust, Inc.), Loan Agreement (Maguire Properties Inc), Pledge and Security Agreement (MPG Office Trust, Inc.)

Management Agreements. The Each Management Agreement is in full force and effect in accordance with its terms and there effect. There is no default thereunder by any party thereto anddefault, breach or violation existing on the part of Owner, or to Borrower’s 's knowledge, the Manager, under any Management Agreement, and no event has occurred (other than payments due but not yet delinquent) that, with the passage of time and/or or the giving of notice notice, or both, would constitute a default default, breach or violation thereunder. No management fees under the Management Agreement are accrued and unpaid, by either party thereto.

Appears in 3 contracts

Samples: Loan and Security Agreement (CNL Hotels & Resorts, Inc.), Loan and Security Agreement (CNL Hotels & Resorts, Inc.), Loan and Security Agreement (CNL Hotels & Resorts, Inc.)

Management Agreements. The Management Agreement is in full force and effect in accordance with its terms and there is no default thereunder by any party thereto and, to Borrower’s 's knowledge, no event has occurred that, with the passage of time and/or the giving of notice would constitute a default thereunder. No management fees under the Management Agreement are accrued and unpaid.

Appears in 2 contracts

Samples: Loan Agreement (Maguire Properties Inc), Loan Agreement (Maguire Properties Inc)

Management Agreements. The Each Management Agreement is in full force and effect in accordance with its terms and there is no default thereunder by any party thereto and, to Borrower’s knowledge, and no event has occurred that, that with the passage of time and/or the giving of notice would constitute a default thereunder. No management fees under the Management Agreement are accrued and unpaid.

Appears in 1 contract

Samples: Loan Agreement (American Financial Realty Trust)

Management Agreements. The Each Management Agreement is in full force and effect in accordance with its terms and there is no default thereunder by Borrower or, to Borrower’s knowledge, by any other party thereto and, to Borrower’s knowledge, no event has occurred that, with the passage of time and/or the giving of notice would constitute a default thereunderany Management Agreement. No As of the date hereof, no management fees under the any Management Agreement are accrued due and unpaidpayable. Borrower has not retained a Manager for the Properties set forth on Schedule 3.19.

Appears in 1 contract

Samples: Loan Agreement (Orion Office REIT Inc.)

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Management Agreements. The Borrower's respective Management Agreement is in full force and effect in accordance with its terms and there is no default thereunder by any party thereto and, to Borrower’s knowledge, and no event has occurred that, with the passage of time and/or the giving of notice would constitute a default thereunder. No management fees under the Management Agreement are accrued and unpaid.

Appears in 1 contract

Samples: Loan Agreement (Grove Property Trust)

Management Agreements. The Management Agreement is in full force and effect in accordance with its terms and to Borrower’s knowledge, there is no material default thereunder by any party thereto andthereto, to Borrower’s knowledge, and no event known to Borrower has occurred that, with the passage of time and/or the giving of notice would constitute a an event of default thereunder. No management fees under the Management Agreement are accrued and unpaid.the

Appears in 1 contract

Samples: Loan Agreement (Pacific Oak Strategic Opportunity REIT, Inc.)

Management Agreements. The Each Management Agreement is in full force and effect in accordance with its terms and there is no default thereunder by any party thereto andthereto, to Borrower’s knowledge, and no event has occurred that, with the passage of time and/or the giving of notice would constitute a an event of default thereunder. No management fees under the Management Agreement Agreements are accrued and unpaid. Bxxxxxxx has delivered to Administrative Agent a true and complete copy of the Management Agreements.

Appears in 1 contract

Samples: Credit Agreement (Braemar Hotels & Resorts Inc.)

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