Management Contracts. Borrowers shall not enter into, modify in any material respect, amend in any material respect, terminate or cancel any management contracts for any Project or agreements with agents or brokers, including the Management Agreement, without the prior written approval of Lender, which approval shall not be unreasonably withheld by Lender.
Appears in 4 contracts
Samples: Secured Loan Agreement, Secured Loan Agreement (CNL Healthcare Trust, Inc.), Secured Loan Agreement (CNL Healthcare Trust, Inc.)
Management Contracts. Borrowers Borrower shall not enter into, modify in any material respectmodify, amend in any material respectamend, terminate or cancel any management contracts for any Project the Property or agreements with agents or brokers, including the Management Agreement, without the prior written approval of Lender, which such approval shall not to be unreasonably withheld by Lenderwithheld, conditioned or delayed.
Appears in 3 contracts
Samples: Term Loan and Security Agreement (Lexicon Pharmaceuticals, Inc.), Loan Agreement (Emeritus Corp\wa\), Loan Agreement (Emeritus Corp\wa\)
Management Contracts. Borrowers Borrower shall not enter into, modify in any material respectmodify, amend in any material respectamend, terminate or cancel any management contracts for any the Project or agreements with agents or brokers, including the Management Agreement, without the prior written approval of LenderAgent, which approval shall not be unreasonably withheld by Lenderwithheld.
Appears in 2 contracts
Samples: Construction Loan Agreement, Construction Loan Agreement (Dupont Fabros Technology, Inc.)
Management Contracts. Borrowers shall not and shall not permit Operators to, enter into, modify in any material respect, amend in any material respect, terminate or cancel any management contracts agreement (or any other contract related to the management or operation of any Project) for any Project or agreements with agents or brokers, including the Management Agreement, without the prior written approval of LenderAgent, which approval shall not be unreasonably withheld by LenderAgent.
Appears in 2 contracts
Samples: Secured Loan Agreement (Sentio Healthcare Properties Inc), Secured Loan Agreement (Sentio Healthcare Properties Inc)
Management Contracts. Borrowers No Borrower shall not enter into, modify in any material respectmodify, amend in any material respectamend, terminate or cancel any management contracts for any Project the Facilities or agreements with agents or brokers, including the Management Agreement, without the prior written approval of Lender, which such approval shall not to be unreasonably withheld by Lenderwithheld, conditioned or delayed.
Appears in 2 contracts
Samples: Loan Agreement (Emeritus Corp\wa\), Loan Agreement (Emeritus Corp\wa\)
Management Contracts. Borrowers Borrower shall not enter into, modify in any material respectmodify, amend in any material respect--------------------- amend, terminate or cancel any management contracts for any the Project (including but not limited to the Operating Agreement) or agreements with agents or brokers, including the Management Agreement, without the prior written approval of Lender, which approval shall not be unreasonably withheld by Lenderor delayed.
Appears in 2 contracts
Samples: Loan Agreement (American Leisure Holdings, Inc.), Construction Loan Agreement (American Leisure Holdings, Inc.)
