Common use of Termination by Either Party Clause in Contracts

Termination by Either Party. This Agreement may be terminated upon 60 days written notice without cause or penalty by either the Company (acting through the Conflicts Committee) or the Advisor. The provisions of Articles 1, 10, 12, 13, 15 and 16 shall survive termination of this Agreement.

Appears in 73 contracts

Samples: Advisory Agreement (KBS Real Estate Investment Trust II, Inc.), Advisory Agreement (KBS Real Estate Investment Trust III, Inc.), Advisory Agreement (KBS Real Estate Investment Trust III, Inc.)

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Termination by Either Party. This Agreement may be terminated upon 60 days written notice without cause or penalty by either the Company (acting through the Conflicts Committee) or the Advisor. The provisions of Articles 1, 10, 12, 13, 15 15, 16 and 16 17 shall survive termination of this Agreement.

Appears in 24 contracts

Samples: Advisory Agreement (KBS Growth & Income REIT, Inc.), Advisory Agreement (KBS Growth & Income REIT, Inc.), Advisory Agreement (KBS Growth & Income REIT, Inc.)

Termination by Either Party. This Agreement may be terminated upon 60 days written notice without cause or penalty by either the Company (acting through the Conflicts Committee) or the Advisor. The provisions of Articles 1, 10, 12, 13, 15 and 16 17 shall survive termination of this Agreement.

Appears in 16 contracts

Samples: Advisory Agreement (Resource Real Estate Opportunity REIT II, Inc.), Advisory Agreement (Resource Real Estate Opportunity REIT II, Inc.), Advisory Agreement (Resource Real Estate Opportunity REIT, Inc.)

Termination by Either Party. This Agreement may be terminated upon 60 days written notice without cause or penalty penalty, by either the Company party (acting through by majority of the Conflicts Committee) Committee or a majority of the Board of Directors of the Advisor, as the case may be). The provisions of Articles Sections 1, 106, 127, 13, 15 and 16 shall 17 through 29 survive termination of this Agreement.

Appears in 12 contracts

Samples: Advisory Agreement (Wells Real Estate Investment Trust Ii Inc), Advisory Agreement (Wells Real Estate Investment Trust Ii Inc), Advisory Agreement (Wells Real Estate Investment Trust Ii Inc)

Termination by Either Party. This Agreement may be terminated upon 60 days written notice without cause or penalty by either the Company (acting through the Conflicts Committee) or the Advisor. The provisions of Articles Sections 1, 4, 10, 12, 13, 14 and 15 and 16 shall survive termination of this Agreement.

Appears in 9 contracts

Samples: Advisory Agreement (Cottonwood Communities, Inc.), Advisory Agreement (Cottonwood Communities, Inc.), Advisory Agreement (Cottonwood Communities, Inc.)

Termination by Either Party. This Agreement may be terminated upon 60 days written notice without cause or penalty penalty, by either the Company party (acting through by majority of the Conflicts Committee) Committee or a majority of the Board of Directors of the Advisor, as the case may be). The provisions of Articles Paragraphs 1, 106, 127, 13, 15 and 16 shall 17 through 30 survive termination of this Agreement.

Appears in 6 contracts

Samples: Transition Services Agreement (Columbia Property Trust, Inc.), Transition Services Agreement (Wells Real Estate Investment Trust Ii Inc), Renewal Advisory Agreement (Columbia Property Trust, Inc.)

Termination by Either Party. This Agreement may be terminated upon 60 days days’ written notice without cause or penalty by either the Company (acting through with the Conflicts Committeeconsent of a majority of the Independent Directors) or the Advisor. The provisions of Articles 1, 1011, 12, 13, 14 and 15 and 16 shall survive termination of this Agreement. Notwithstanding anything else that may be to the contrary herein, the expiration or earlier termination of this Agreement shall not relieve a party for liability for any breach occurring prior to such expiration or earlier termination.

Appears in 6 contracts

Samples: Advisory Agreement (American Realty Capital - Retail Centers of America, Inc.), Advisory Agreement (American Realty Capital - Retail Centers of America, Inc.), Form of Advisory Agreement (American Realty Capital - Retail Centers of America, Inc.)

Termination by Either Party. This Agreement may be terminated upon 60 days written notice without cause or penalty penalty, by either the Company party (acting through by majority of the Conflicts Committee) Committee or a majority of the Board of Directors of the Advisor, as the case may be). The provisions of Articles Paragraphs 1, 106, 7, 12, 13, 15 and 16 shall 17 through 33 survive termination of this Agreement.

Appears in 6 contracts

Samples: Advisory Agreement (Wells Core Office Income Reit Inc), Advisory Agreement (Wells Core Office Income Reit Inc), Advisory Agreement (Wells Core Office Income Reit Inc)

Termination by Either Party. This Agreement may be terminated upon 60 30 days written notice without cause or penalty by either the Company (acting through in sole discretion and authority of the Conflicts Committee) or upon 90 days written notice without cause or penalty by the Advisor. The provisions of Articles 1, 10, 12, 13, 15 and 16 shall survive termination of this Agreement.

Appears in 5 contracts

Samples: Advisory Agreement (Pacific Oak Strategic Opportunity REIT, Inc.), Advisory Agreement (Pacific Oak Strategic Opportunity REIT II, Inc.), Advisory Agreement (Pacific Oak Strategic Opportunity REIT, Inc.)

Termination by Either Party. This Agreement may be terminated upon 60 days days’ written notice without cause or penalty by either the Company (acting through the Conflicts Committee) or the Advisor. The provisions of Section 14.2 and Articles 1, 10, 12, 13, 15 and 16 (other than Section 16.11) shall survive termination of this Agreement. Notwithstanding anything else that may be to the contrary herein, the expiration or earlier termination of this Agreement shall not relieve a party for liability for any breach occurring prior to such expiration or earlier termination.

Appears in 5 contracts

Samples: Advisory Agreement (Phillips Edison - ARC Shopping Center REIT Inc.), Advisory Agreement (Phillips Edison - ARC Shopping Center REIT Inc.), Advisory Agreement (Phillips Edison - ARC Shopping Center REIT Inc.)

Termination by Either Party. This Agreement may be terminated upon 60 days written notice without cause or penalty by either the Company (acting through the Conflicts Committee) Advisor or the Sub-Advisor. The provisions of Articles 1, 108, 12, 13, 15 10 and 16 11 hereof shall survive termination of this Agreement.

Appears in 4 contracts

Samples: Sub Advisory Agreement (Plymouth Opportunity REIT Inc.), Sub Advisory Agreement (Plymouth Opportunity REIT Inc.), Sub Advisory Agreement (Plymouth Opportunity REIT Inc.)

Termination by Either Party. This Agreement may be terminated upon 60 days written notice without cause or penalty penalty, by either the Company party (acting through by majority of the Conflicts Committee) Committee or a majority of the Board of Directors of the Advisor, as the case may be). The provisions of Articles Sections 1, 106, 127, 13, 15 and 16 shall 17 through 30 survive termination of this Agreement.

Appears in 4 contracts

Samples: Advisory Agreement (Wells Real Estate Investment Trust Ii Inc), Advisory Agreement (Wells Real Estate Investment Trust Ii Inc), Advisory Agreement (Wells Real Estate Investment Trust Ii Inc)

Termination by Either Party. This Agreement may be terminated upon 60 days days’ written notice without cause or penalty by either the Company (acting through the Conflicts Committee) or the Advisor. The provisions of Section 8.5, 8.6 and 14.2 and Articles 1, 10, 12, 13, 15 and 16 (other than Section 16.11) shall survive termination of this Agreement. Notwithstanding anything else that may be to the contrary herein, the expiration or earlier termination of this Agreement shall not relieve a party for liability for any breach occurring prior to such expiration or earlier termination.

Appears in 4 contracts

Samples: Advisory Agreement (Phillips Edison - ARC Shopping Center REIT Inc.), Advisory Agreement (Phillips Edison - ARC Shopping Center REIT Inc.), Advisory Agreement (Phillips Edison - ARC Shopping Center REIT Inc.)

Termination by Either Party. This Agreement may be terminated upon 60 days written notice without cause or penalty penalty, by either party (by majority of the Company (acting through the Conflicts Committee) or independent Trustees of the Advisor, as the case may be). The provisions of Articles Sections 1, 106, 127, 13, 15 and 16 shall through 27 survive termination of this Agreement.

Appears in 3 contracts

Samples: Advisory Agreement (Hartman Commercial Properties Reit), Advisory Agreement (Hartman Commercial Properties Reit), Advisory Agreement (Hartman Commercial Properties Reit)

Termination by Either Party. This Agreement may be terminated upon 60 days written notice without cause or penalty penalty, by either the Company party (acting through by majority of the Conflicts Committee) Committee or a majority of the Board of Directors of the Advisor, as the case may be). The provisions of Articles Sections 1, 106, 7, 12, 13, 15 and 16 shall 17 through 30 survive termination of this Agreement.

Appears in 3 contracts

Samples: Advisory Agreement (Wells Core Office Income Reit Inc), Advisory Agreement (Wells Core Office Income Reit Inc), Form of Advisory Agreement (Wells Real Estate Investment Trust Iii Inc)

Termination by Either Party. This Agreement may be terminated upon 60 days written notice without cause or penalty by either the Company (acting through the Conflicts Corporate Governance Committee) or the Advisor. The provisions of Articles 1, 10, 12, 13, 14 and 15 and 16 hereof shall survive termination of this Agreement.

Appears in 3 contracts

Samples: Advisory Agreement (Plymouth Opportunity REIT Inc.), Advisory Agreement (Plymouth Opportunity REIT Inc.), Advisory Agreement (Plymouth Opportunity REIT Inc.)

Termination by Either Party. This Agreement may be terminated upon 60 days written notice without cause or penalty penalty, by either party (if by the Company (acting through Company, upon approval of a majority of the Conflicts Committee) or the AdvisorIndependent Directors). The provisions of Articles 1, 10, 12, 13, Sections 15 and 16 through 27 shall survive termination of this Agreement.

Appears in 2 contracts

Samples: Advisory Agreement (Wells Timber Real Estate Investment Trust, Inc.), Advisory Agreement (Wells Timber Real Estate Investment Trust, Inc.)

Termination by Either Party. This Agreement may be terminated upon 60 days written notice without cause or penalty by either the Company (acting through the Conflicts Committee) or the Advisor. The provisions of Articles Sections 1, 10, 12, 13, 15 and 16 shall survive termination of this Agreement.

Appears in 2 contracts

Samples: Advisory Agreement (Passco Apartment REIT, Inc.), Advisory Agreement (Passco Apartment REIT, Inc.)

Termination by Either Party. This Agreement may be terminated upon 60 days written notice without cause or penalty by either the Company (acting through the Conflicts Committee) or the Advisor. The provisions of Articles Sections 1, 4, 10, 12, 13, 15 and 16 shall survive termination of this Agreement.

Appears in 2 contracts

Samples: Advisory Agreement (Cottonwood Communities, Inc.), Advisory Agreement (Cottonwood Communities, Inc.)

Termination by Either Party. This Agreement may be terminated upon 60 days days’ written notice Notice without cause or penalty by either the Company (acting through with the Conflicts Committeeconsent of a majority of the Independent Directors) or the Advisor. The provisions of Articles 1, 1011, 12, 13, 14 and 15 and 16 shall survive termination of this Agreement. Notwithstanding anything else that may be to the contrary herein, the expiration or earlier termination of this Agreement shall not relieve a party for liability for any breach occurring prior to such expiration or earlier termination.

Appears in 2 contracts

Samples: Advisory Agreement (American Realty Capital - Retail Centers of America, Inc.), Advisory Agreement (American Realty Capital - Retail Centers of America, Inc.)

Termination by Either Party. This Agreement may be terminated upon 60 days written notice without cause or penalty by either the Company (acting through the Conflicts Committee) or the Advisor. The provisions of Articles Sections 1, 10, 12, 1314, 15 and 16 shall survive termination of this Agreement.

Appears in 2 contracts

Samples: Advisory Agreement (Institutional REIT, Inc.), Advisory Agreement (Institutional REIT, Inc.)

Termination by Either Party. This Agreement may be terminated upon 60 days written notice without cause or penalty penalty, by either the Company (acting through the Conflicts Committee) or the Advisorparty. The provisions of Articles Paragraphs 1, 105, 126, 13, 15 and 16 14 through 23 shall survive the termination of this Agreement.

Appears in 2 contracts

Samples: Transition Services Agreement (Columbia Property Trust, Inc.), Investor Services Agreement (Columbia Property Trust, Inc.)

Termination by Either Party. This Agreement may be terminated upon 60 days days’ written notice without cause or penalty by either the Company (acting through the Conflicts Committee) or the Advisor. The provisions of Section 8.5 and 14.2 and Articles 1, 10, 12, 13, 15 and 16 (other than Section 16.11) shall survive termination of this Agreement. Notwithstanding anything else that may be to the contrary herein, the expiration or earlier termination of this Agreement shall not relieve a party for liability for any breach occurring prior to such expiration or earlier termination.

Appears in 2 contracts

Samples: Advisory Agreement (Phillips Edison - ARC Shopping Center REIT Inc.), Advisory Agreement (Phillips Edison - ARC Shopping Center REIT Inc.)

Termination by Either Party. This Agreement may be terminated upon 60 days written notice without cause or penalty penalty, by either the Company party (acting through by majority of the Conflicts Committee) Committee or a majority of the AdvisorBoard of Directors of Xxxxx REF, as the case may be). The provisions of Articles Paragraphs 1, 105, 126, 13, 15 and 16 13 through 24 shall survive the termination of this Agreement.

Appears in 2 contracts

Samples: Renewal Investor Services Agreement (Columbia Property Trust, Inc.), Investor Services Agreement (Wells Real Estate Investment Trust Ii Inc)

Termination by Either Party. This Agreement may be terminated upon 60 days written notice without cause or penalty by either the Company (acting through in sole discretion and authority of the Conflicts Committee) or the Advisor. The provisions of Articles 1, 10, 12, 13, 15 and 16 shall survive termination of this Agreement.

Appears in 2 contracts

Samples: Advisory Agreement (Pacific Oak Strategic Opportunity REIT, Inc.), Advisory Agreement (Pacific Oak Strategic Opportunity REIT, Inc.)

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Termination by Either Party. This Agreement may be terminated upon 60 days written notice without cause or penalty by either the Company (acting through the Conflicts Committee) or the Advisor. The provisions of Articles 1, 1011, 12, 13, 14 and 15 and 16 shall survive termination of this Agreement.

Appears in 1 contract

Samples: Advisory Agreement (KBS Growth & Income REIT, Inc.)

Termination by Either Party. This Agreement may be terminated upon 60 30 days written notice without cause or penalty by either the Company (acting through the Conflicts Committee) or upon 90 days written notice without cause or penalty by the Advisor. The provisions of Articles 1, 10, 12, 13, 15 and 16 shall survive termination of this Agreement.

Appears in 1 contract

Samples: Advisory Agreement (KBS Strategic Opportunity REIT, Inc.)

Termination by Either Party. This Agreement may be terminated upon 60 days written notice without cause or penalty by either the Company (acting through the Conflicts Committee) or the Advisor. The provisions of Articles 1, 10, 12, 13, 15 and 16 shall survive termination of this Agreement.. EAST\126877177.1

Appears in 1 contract

Samples: Advisory Agreement (KBS Real Estate Investment Trust III, Inc.)

Termination by Either Party. This Agreement may be terminated upon 60 days written notice without cause or penalty penalty, by either the Company party (with Sponsoring Member acting through the Conflicts Committee) or the Advisoron behalf of Company). The provisions of Articles 1, 10, 12, 13, 15 Sections 1,6,7 and 16 shall through 26 survive termination of this Agreement.

Appears in 1 contract

Samples: Advisory Agreement (Wells Mid-Horizon Value-Added Fund I LLC)

Termination by Either Party. This Agreement may be terminated upon 60 days written notice without cause or penalty penalty, by either the Company party (acting through by majority of the Conflicts Committee) Committee or a majority of the Board of Trustees of the Advisor, as the case may be). The provisions of Articles Sections 1, 106, 127, 13, 15 and 16 shall through 27 survive termination of this Agreement.

Appears in 1 contract

Samples: Advisory Agreement (Hartman Commercial Properties Reit)

Termination by Either Party. This Agreement may be terminated upon 60 days written notice without cause or penalty by either the Company (acting through the Conflicts Committee) or the AdvisorManager. The provisions of Articles Article 1, Article 10, Article 12, 13Article 14, and Article 15 and 16 shall survive termination of this Agreement.

Appears in 1 contract

Samples: Management Agreement (IMH Financial Corp)

Termination by Either Party. . This Agreement may be terminated for Cause upon 60 days written notice without cause or penalty by either the Company (acting through the Conflicts Committee) or the Advisor. The provisions of Articles 1, 10, 12, 1314, 15 16 and 16 17 shall survive termination of this Agreement.

Appears in 1 contract

Samples: Advisory Agreement (Pacific Oak Strategic Opportunity REIT, Inc.)

Termination by Either Party. This Agreement may be terminated (i) upon 60 days written notice without cause Cause or penalty by either the Company (acting through the Conflicts Committee) or the Advisor or (ii) immediately by the Company for Cause or upon the bankruptcy of the Advisor. The provisions of Articles 1, 10, 12, 13, 15 and 16 shall survive termination of this Agreement.

Appears in 1 contract

Samples: Advisory Agreement (KBS Real Estate Investment Trust III, Inc.)

Termination by Either Party. This Agreement may be terminated upon 60 days days’ written notice without cause or penalty by either the Company (acting through the Conflicts Committee) or the Advisor. The provisions of Section 13.2 and Articles 1, 1011, 12, 13, 14 and 15 and 16 (other than Section 15.11) shall survive termination of this Agreement. Notwithstanding anything else that may be to the contrary herein, the expiration or earlier termination of this Agreement shall not relieve a party for liability for any breach occurring prior to such expiration or earlier termination.

Appears in 1 contract

Samples: Advisory Agreement (Phillips Edison Grocery Center Reit I, Inc.)

Termination by Either Party. This Agreement may be terminated upon 60 days written notice without cause or penalty by either the Company (acting through the Conflicts Committee) or the Advisor. The provisions of Articles 1, 10, 12, 13, 15 and 16 shall survive termination of this Agreement.

Appears in 1 contract

Samples: Advisory Agreement (KBS Strategic Opportunity REIT II, Inc.)

Termination by Either Party. This Agreement may be terminated upon 60 days written notice without cause or penalty by either the Company (acting through the Conflicts Committee) or the Advisor. The provisions of Articles Sections 1, 4, 10, 12, 13, 15 and 16 shall survive termination of this Agreement.. 13.3

Appears in 1 contract

Samples: Advisory Agreement (Cottonwood Communities, Inc.)

Termination by Either Party. This Agreement may be terminated for Cause upon 60 days written notice without cause or penalty by either the Company (acting through the Conflicts Committee) or the Advisor. The provisions of Articles 1, 10, 1211, 13, 15 and 16 shall survive termination of this Agreement.. 13.03

Appears in 1 contract

Samples: Advisory Agreement (Pacific Oak Strategic Opportunity REIT, Inc.)

Termination by Either Party. This With respect to any renewal of this Agreement may be terminated upon for a period of more than 60 days written notice without cause or penalty by days, either the Company (acting through the Conflicts Committee) or the AdvisorAdvisor may terminate this Agreement upon 60 days written notice without cause or penalty. The provisions of Articles 1, 10, 12, 13, 15 and 16 shall survive termination of this Agreement.

Appears in 1 contract

Samples: Advisory Agreement (KBS Real Estate Investment Trust II, Inc.)

Termination by Either Party. This Agreement may be terminated for Cause upon 60 days written notice without cause or penalty by either the Company (acting through the Conflicts Committee) or the Advisor. The provisions of Articles 1, 10, 12, 1314, 15 16 and 16 17 shall survive termination of this Agreement.

Appears in 1 contract

Samples: Advisory Agreement (Pacific Oak Strategic Opportunity REIT, Inc.)

Termination by Either Party. This Agreement may be terminated for Cause upon 60 days written notice without cause or penalty by either the Company (acting through the Conflicts Committee) or the Advisor. The provisions of Articles 1, 10, 1211, 13, 15 and 16 shall survive termination of this Agreement.

Appears in 1 contract

Samples: Advisory Agreement (Pacific Oak Strategic Opportunity REIT, Inc.)

Termination by Either Party. This Agreement may be terminated upon 60 days written notice without cause or penalty by either the Company (acting through the Conflicts Committee) or the Advisor. The provisions of Articles 1, 10, 12, 13, 15 and 16 shall survive termination of this Agreement.. EAST\126969229.2

Appears in 1 contract

Samples: Advisory Agreement (KBS Strategic Opportunity REIT, Inc.)

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