Termination of Existing Management Agreement Sample Clauses

Termination of Existing Management Agreement. Documentation of termination of any existing management agreement for the Real Property.
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Termination of Existing Management Agreement. Buyer shall have received evidence from Seller, satisfactory to Buyer in its sole discretion, that any existing management agreement between the Existing Manager and the Seller has been terminated without fee or cost to Buyer.
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Termination of Existing Management Agreement. Notwithstanding anything to the contrary in any document, each of Owner and Property Manager acknowledge that the Existing Management Contract, pursuant to the terms of the Ancillary Services Agreement and simultaneously with the execution of this Agreement, will terminate, and that any and all Ancillary Services to be provided to the Properties subsequent to the date hereof shall be provided by Service Provider pursuant to the terms of the Ancillary Services Agreement attached hereto as Exhibit C.
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Termination of Existing Management Agreement. Notwithstanding anything to the contrary in any document, each of Property Owner and Service Provider acknowledge that the Property Management Agreement dated as of December 23, 2002 between Property Owner and Service Provider is, simultaneously with the execution of this Agreement, hereby terminated, that any and all Ancillary Services to be provided to the Properties subsequent to the date hereof shall be provided by Service Provider pursuant to the terms of this Agreement.
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Termination of Existing Management Agreement. The Management Agreement shall have been terminated; provided, however, that Seller shall receive a credit at Closing from Purchaser for the Management Termination Fee to the extent set forth in the Manager Acknowledgment. On the Closing Date, there shall be no contract or agreement in effect between Seller and any third party for management of the Property after the Closing Date. There shall be no fees, payments, commissions or other sums due and owing in connection with management of the Property under the Existing Management Agreement or any other management agreement for the period prior to the Closing Date, except to the extent to be paid by Seller following Closing in the ordinary course of business.
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Termination of Existing Management Agreement. Seller shall deliver, or shall cause Manager to deliver, the Manager Acknowledgment.
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Termination of Existing Management Agreement. At Closing, Seller shall cause the Company to terminate the Existing Management Agreement, at the sole cost, expense, and liability of Seller. Seller shall be responsible, and shall indemnify, defend, and hold harmless Purchaser (and the Company after Closing) from and against any and all Losses for all accrued “owner” obligations due under the Existing Management Agreement (other than those for which Purchaser receives a proration credit). The indemnity provided in this Section 8.1.7 shall survive the Closing indefinitely and shall not be limited by the Claims Period.
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Termination of Existing Management Agreement. On or prior to the Closing Date, Contributor shall cause the termination of the Existing Management Agreement and obtain from the Existing Manager a release of Liens against the Property with respect to the services performed by the Existing Manager under the Existing Management Agreement. The documents effecting such termination and release are hereinafter referred to as the "Termination of Existing Management Agreement Documents".
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Termination of Existing Management Agreement. The Existing Management Agreement shall have been terminated at Seller’s sole cost and expense.
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Related to Termination of Existing Management Agreement

  • Termination of Existing Agreement The Existing Agreement is hereby terminated and replaced and superseded by this Agreement, effective August 1, 2001. All payments, of Base Salary or otherwise, made by the Company under the Existing Agreement with respect to any period commencing on or after August 1, 2001 shall be credited against the corresponding payment obligations of the Company under this Agreement.

  • Termination of Existing Agreements Any previous employment agreement between Executive on the one hand and Employer or any of Employer’s Affiliates (as hereinafter defined) on the other hand is hereby terminated.

  • Termination of Management Agreement Evidence of the termination of any and all management agreements affecting the Property, effective as of the Closing Date, and duly executed by Seller and the property manager.

  • Termination of Existing Credit Agreement Receipt by the Administrative Agent of evidence that the Existing Credit Agreement concurrently with the Closing Date is being terminated and all Liens securing obligations under the Existing Credit Agreement concurrently with the Closing Date are being released.

  • Termination of Existing Tax Sharing Agreements Any and all existing Tax sharing agreements (whether written or not) binding upon the Company shall be terminated as of the Closing Date. After such date neither the Company nor any of its Representatives shall have any further rights or liabilities thereunder.

  • Ratification of Existing Agreements All existing Dual Enrollment agreements between the Trustees and the Private School are hereby modified to conform to the terms of this agreement and the appendices of this document.

  • Complete Disposal Upon Termination of Service Agreement Upon Termination of the Service Agreement Provider shall dispose or delete all Student Data obtained under the Service Agreement. Prior to disposition of the data, Provider shall notify LEA in writing of its option to transfer data to a separate account, pursuant to Article II, section 3, above. In no event shall Provider dispose of data pursuant to this provision unless and until Provider has received affirmative written confirmation from LEA that data will not be transferred to a separate account.

  • Termination of Merger Agreement Notwithstanding anything to the contrary contained herein, in the event that the Merger Agreement is terminated in accordance with its terms prior to the Closing, this Agreement and all rights and obligations of the parties hereunder shall automatically terminate and be of no further force or effect.

  • Management Agreement The Management Agreement is in full force and effect and there is no default thereunder by any party thereto and no event has occurred that, with the passage of time and/or the giving of notice would constitute a default thereunder.

  • Termination Agreement 8.01 Notwithstanding any other provision of this Agreement, WESTERN, at its sole option, may terminate either a Purchase Order or this Agreement at any time by giving fourteen (14) days written notice to CONSULTANT, whether or not a Purchase Order has been issued to CONSULTANT.

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