Common use of TERMINATION OF MANAGEMENT AND SELLER AFFILIATED CONTRACTS Clause in Contracts

TERMINATION OF MANAGEMENT AND SELLER AFFILIATED CONTRACTS. Notwithstanding any other provision of this Agreement, in respect to any agreements or contracts that are not to be included as part of the Contract Assignment, agreements ("Termination Agreements") signed by (i) the parties to any management agreement for the Real Property, and (ii) the parties to all other such agreements or contracts between the Seller or its predecessors in interest and parties affiliated with or controlled by Seller or any of Seller's principals, which Termination Agreements terminate such management agreement and other such agreements and contracts as of the Closing Date, without any liability or obligation on the part of the Purchaser or the Project.

Appears in 3 contracts

Samples: Agreement of Purchase and Sale (Developers Diversified Realty Corp), Developers Diversified Realty Corp, Developers Diversified Realty Corp

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TERMINATION OF MANAGEMENT AND SELLER AFFILIATED CONTRACTS. Notwithstanding any other provision of this Agreement, in respect to any agreements or contracts that are not to be included as part of the Contract Assignment, agreements ("Termination Agreements") signed by (i) the parties to any management agreement for the Real Propertyapplicable Phase, and (ii) the parties to all other such agreements or contracts for the applicable Phase between the Seller or its predecessors in interest and parties affiliated with or controlled by Seller or any of Seller's principals, which Termination Agreements terminate such management agreement and other such agreements and contracts as of the Closing Date, without any liability or obligation on the part of the Purchaser or the Project.and

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Developers Diversified Realty Corp)

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TERMINATION OF MANAGEMENT AND SELLER AFFILIATED CONTRACTS. Notwithstanding any other provision of this Agreement, in respect to any agreements or contracts that are not to be included as part of the Contract Assignment, agreements ("Termination Agreements") signed by (i) the parties to any management agreement for the Real Propertyapplicable Phase, and (ii) the parties to all other such agreements or contracts for the applicable Phase between the Seller or its predecessors in interest and parties affiliated with or controlled by Seller or any of Seller's principals, which Termination Agreements terminate such management agreement and other such agreements and contracts as of the applicable Closing Date, without any liability or obligation on the part of the Purchaser or the Projectapplicable Phase.

Appears in 1 contract

Samples: Purchase and Sell (Developers Diversified Realty Corp)

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