Existing Property Management Agreements definition

Existing Property Management Agreements means the management agreements set forth on Exhibit I hereto.
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Existing Property Management Agreements has the meaning set forth in the Recitals.
Sample 1

Examples of Existing Property Management Agreements in a sentence

  • In view of the impending expiry of the Existing Property Management Agreements, and to streamline the durations of all the Existing Property Management Agreements, it is proposed that a new master property management agreement be entered into between the Trustee, the Manager and the Property Manager (the “Master Property Management Agreement 2011”) to replace the Existing Property Management Agreements upon the expiry of the Existing Master Property Management Agreement, i.e. from 28 December 2011.

  • To this end, it is provided under the proposed Master Property Management Agreement 2011 that all the Existing PMA Managed Properties (as defined below) shall be subsumed under the proposed Master Property Management Agreement 2011, and any of the Existing Property Management Agreements which would have still been in force as at 28 December 2011 shall be terminated at the same time as the expiry of the Existing Master Property Management Agreement on 27 December 2011.

  • The Manager is of the view that the entry into the proposed Master Property Management Agreement 2011 with the Property Manager will ensure that there will be seamless continuity in the management of the Existing Managed Properties after the expiry of the Existing Property Management Agreements and that the best resources will continue to be deployed in respect of the management of the Existing Managed Properties.

  • The total value of the Master Property Management Agreement 2011 is estimated to be approximately S$548 million for a period of 10 years from 28 December 2011 to 27 December 2021, assuming that the properties presently managed by CRMPL under the Existing Property Management Agreements (as defined in the Circular) are the specific properties which are managed by CRMPL under the Master Property Management Agreement 2011.

  • During the term of the Existing Property Management Agreements, the Property Manager had consistently delivered steady distribution income growth of approximately 24.1% (on a compounded annual growth rate (“CAGR”) basis) since 2003, as shown in Figure A below.

  • In approving the Resolution in relation to the entry into the New SG PMA, Unitholders are deemed to have approved the termination of the Relevant Existing Property Management Agreements, which have expiry dates on 1 March 2024.

  • For the avoidance of doubt, the Property will not be managed by the Existing AACI REIT Property Manager under the Existing Property Management Agreements and no fees will be payable to the Existing ACCI REIT Property Manager in relation to the Property.

  • AIMS AMP Capital Industrial REITSalient Points of the Transaction > 2 • In view of the impending expiry of the Existing Property Management Agreements (“ Existing Agreements”) on 19 April 2015, it is proposed that a new Master Property Management Agreement (“New Agreement”) be entered upon the Unitholders’ approval at this EGM.• The terms of the proposed New Agreement will be based on the Existing Agreements.

Related to Existing Property Management Agreements

  • Property Management Agreement means any Property Management Agreement between the Company and the Property Manager.

  • Existing Management Agreement means that certain management agreement between the Seller and the Existing Manager for the operation and management of the Hotel.

  • Hotel Management Agreement means any hotel management agreement relating to the management and operation of the Real Property together with all supplements, amendments and modifications thereto.

  • Management Agreement means the agreement to be entered into between the Borrower and the Manager providing for the ship management and crewing services of the Vessel, such agreement to be in the form and on the terms and conditions required by the Agent;

  • Property management means leasing or renting, or offering to lease or rent, real property of others for a fee, commission, compensation, or other valuable consideration pursuant to a property management employment contract.

  • Construction Management Agreement means the Construction Management Agreement, dated as of the date of the Common Agreement, between Construction Manager and the Project Company.

  • Collateral Management Agreement The agreement dated as of the Closing Date, between the Issuer and the Collateral Manager relating to the management of the Collateral Obligations and the other Assets by the Collateral Manager on behalf of the Issuer, as amended from time to time in accordance with the terms thereof.

  • Franchise Agreements means (a) the Franchise Agreements set forth on Part IV of Schedule 4.01(p) hereto, and (b) any Franchise Agreement in respect of a Borrowing Base Asset entered into after the Closing Date in compliance with Section 5.01(r).

  • Construction Agreements means agreements to which Tenant is a party for Construction Work, rehabilitation, alteration, repair, replacement or demolition performed pursuant to this Lease.

  • New Management Agreement means the management agreement to be entered into between Buyer and the Manager for the operation and management of the Hotel on and after the Closing Date.

  • Existing Project is a Project that has achieved Commercial Operation on or prior to the Execution Date.

  • Property management system means the Contractor’s system or systems for managing and controlling Government property.

  • Existing Agreements has the meaning as set forth in Section 3.2 hereof.

  • Operating Leases means all real or personal property leases under which any Company is bound or obligated as a lessee or sublessee and which, under GAAP, are not required to be capitalized on a balance sheet of such Company; provided that Operating Leases shall not include any such lease under which any Company is also bound as the lessor or sublessor.

  • Asset Management Agreement means, as the context requires, any agreement entered into between a Series and an Asset Manager pursuant to which such Asset Manager is appointed as manager of the relevant Series Assets, as amended from time to time.

  • Development Agreements means all development, utility or similar agreements included in the Permitted Encumbrances.

  • Project Management Agreement means the agreement dated the 20th February 1985 made between the Trustee and the Manager providing for the Manager to manage and co‑ordinate the development and construction of the Resort and includes, if that agreement is terminated, any other agreement in like and similar terms made with the prior consent of the Minister;

  • Lease Agreements shall have the meaning set forth in Section 3.14.

  • Replacement Management Agreement means, collectively, (a) either (i) a management agreement with a Qualified Manager substantially in the same form and substance as the Management Agreement, or (ii) a management agreement with a Qualified Manager, which management agreement shall be reasonably acceptable to Lender in form and substance, provided, with respect to this subclause (ii), Lender, at its option, may require that Borrower shall have obtained prior written confirmation from the applicable Rating Agencies that such management agreement will not cause a downgrade, withdrawal or qualification of the then current rating of the Securities or any class thereof and (b) an assignment of management agreement and subordination of management fees substantially in the form then used by Lender (or of such other form and substance reasonably acceptable to Lender), executed and delivered to Lender by Borrower and such Qualified Manager at Borrower’s expense.

  • Master Leases refers to the four second amended and restated master lease agreements, dated as of April 27, 2007, by and among the Operating Partnership and Kindred Healthcare, Inc. and Kindred Healthcare Operating, Inc.

  • Property Agreements means all agreements, grants of easements and/or rights-of-way, reciprocal easement agreements, permits, declarations of covenants, conditions and restrictions, disposition and development agreements, planned unit development agreements, parking agreements, party wall agreements or other instruments affecting the Property, including, without limitation any agreements with Pad Owners, but not including any brokerage agreements, management agreements, service contracts, Space Leases or the Loan Documents.

  • Existing Leases means those leases, license agreements and occupancy agreements identified on Schedule 2.1.3, as the same may be amended or modified from time to time in accordance with the terms of this Agreement.

  • Acquisition Agreements means the Nexstar Acquisition Agreement and the Mission Acquisition Agreement, and “Acquisition Agreement” means the applicable agreement in the context used.

  • Interconnection Agreements means, collectively, (a) an agreement by and among Owner, TransÉnergie and ISO-NE that sets forth such parties’ respective rights and obligations following the interconnection at the U.S. Border of the NECEC Transmission Line with the Québec Line and (b) an agreement by and between Owner and ISO-NE that sets forth such parties’ respective rights and obligations following the interconnection at the Delivery Point of the NECEC Transmission Line with certain transmission facilities operated by ISO-NE. The Interconnection Agreements shall address cost responsibilities among entities other than the Distribution Company and the other RFP Sponsors and shall include provisions, both technical and otherwise, for safe and reliable interconnected operations of the HVDC Transmission Project following Commercial Operation (including use of the HVDC Transmission Project for the delivery of electric power in emergency circumstances).

  • Easement Agreement means any conditions, covenants and restrictions, easements, declarations, licenses and other agreements which are Permitted Encumbrances and such other agreements as may be granted in accordance with Section 19.1.

  • Equipment Leases shall have the meaning set forth in Section 2.1(b) hereof.