Common use of Primary Vehicle Clause in Contracts

Primary Vehicle. On the basis and Subject to the other terms in this Article 2, Brookfield agrees that, during the Term, the GGP Group will serve as the primary vehicle through which opportunities presented to Brookfield and its Affiliates to acquire or develop Regional Malls or portfolios of Regional Malls (“Target Opportunities”) in Canada and the United States (the “Target Area”) will be made by Brookfield and its Affiliates.

Appears in 3 contracts

Sources: Relationship Agreement (General Growth Properties, Inc.), Relationship Agreement (General Growth Properties, Inc.), Relationship Agreement (New GGP, Inc.)