Common use of Notification Right Clause in Contracts

Notification Right. In the event that Crescent Operating develops or becomes aware of any investment opportunity during the term of this Agreement (other than a REIT Opportunity), and Crescent Operating is not interested in pursuing such opportunity, or the opportunity is otherwise unavailable to Crescent Operating, Crescent Operating shall immediately notify the Operating Partnership of such opportunity and provide to the Operating Partnership a copy of all written information, and a description of all material terms not set forth in writing, available to Crescent Operating concerning such opportunity.