Termination of Manager. If an Event of Default occurs and is continuing, Borrower shall, at the request of Lender, terminate the Management Agreement and replace the Manager with a manager approved by Lender on terms and conditions satisfactory to Lender.
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Samples: Loan Agreement (Banyan Strategic Realty Trust), Loan Agreement (Banyan Strategic Realty Trust)
Termination of Manager. If an Event of Default occurs and is shall be ---------------------- continuing, Borrower shall, at the request of Lender, terminate the Management Agreement and replace the Manager with a manager approved by Lender and any applicable Rating Agency, at then market rate management fees and otherwise on terms and conditions satisfactory to Lender.
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Samples: Loan Agreement (Saul Centers Inc)
Termination of Manager. If an Event of Default occurs and is continuing, Borrower shall, at the request of Lender, terminate use good faith efforts to cause the termination of the Management Agreement and replace the replacement of the Manager with a manager approved by Lender on terms and conditions satisfactory to Lender.
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Termination of Manager. If an Event of Default occurs and is shall be continuing, Borrower shall, at the request of Lender, terminate the Management Agreement and replace the Manager (or insert a manager, if the Properties are then self-managed) with a manager approved by Lender on terms and conditions satisfactory to Lender.
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