New Management Agreement Sample Clauses

New Management Agreement. Seller shall cause Manager to execute and deliver the New Management Agreement.
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New Management Agreement. The New Management Agreement between Buyer and Manager.
New Management Agreement. At Closing, Buyer shall execute and deliver the New Management Agreement.
New Management Agreement. A photocopy, certified as true, accurate and complete by a director or the secretary or the duly authorised attorney of the Borrower of the New Management Agreement.
New Management Agreement. Principal terms OTX Logistics Holland entered into the New Management Agreement with DW Xxxxxx and Mr. xx Xxx for the provision of management services for a term commencing from 1 January 2017 to 31 December 2019. Pursuant to the New Management Agreement, XX Xxxxxx has been appointed as the contractor for OTX Logistics Holland for the performance of activities of a director and such services shall be provided by Mr. xx Xxx. The New Management Agreement may be terminated by either party by the end of any calendar month by giving not less than three months’ written notice. Under the New Management Agreement, each of DW Beheer and Mr. xx Xxx has agreed that they shall refrain from competing with OTX Logistics Holland within Europe, Asia and any parts of the world in which OTX Logistics Holland’s customers and agents may be located during the term of the New Management Agreement and for a period of three years after termination of the New Management Agreement.
New Management Agreement. As to each Hotel, Seller and Purchaser shall use commercially reasonable efforts to obtain the consent of GECC, any Franchisor, and/or any other third party (to the extent required) to the form of New Management Agreement; provided however that, notwithstanding anything in this Agreement to the contrary, (a) the obtaining of such consent(s) shall not be a condition to closing for either party, and (b) the failure to obtain any such consent(s) shall not be a default by either party under this Agreement. If the parties are unable to obtain any such consent(s) prior to Closing, then at Closing, in lieu of entering into the New Management Agreement for such Hotel, Seller shall assign the Existing Management Agreement for such Hotel to Purchaser.
New Management Agreement. Two (2) original counterparts of the applicable New Management Agreement, executed by Buyer; and
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New Management Agreement. Two (2) counterparts of the new management agreement with Cousins Services in the form attached hereto as Schedule 11;
New Management Agreement. Buyer and Hotel Manager shall have executed the New Management Agreement.
New Management Agreement. During the Contingency Period, Purchaser shall use good faith efforts, with the reasonable cooperation of Seller, to negotiate a management agreement (the “New Management Agreement”) pursuant to which Property Manager will continue to operate the Property after Closing. In the event that the parties are not able to agree upon the New Management Agreement prior to the expiration of the Contingency Period, then Purchaser may elect to terminate this Agreement at or prior to the expiration of the Contingency Period, in which event the Deposit shall be refunded to Purchaser, this Agreement shall become null and void (except for those provisions that expressly survive the termination of this Agreement) and the parties shall have no further obligations hereunder (except pursuant to those provisions that expressly survive the termination of this Agreement).
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