Common use of Termination of Management Agreement Clause in Contracts

Termination of Management Agreement. At the Closing, and without any further action required by any party thereto, the Management Agreement shall terminate. Termination of the Management Agreement shall be deemed a termination pursuant to Section 10.1 of the Management Agreement and shall have the effects specified in the Management Agreement, including the survival of any rights or obligations that accrued prior to the termination and as provided in Section 6.4, Article VII, Article IX, Article X, and Article XI of the Management Agreement.

Appears in 3 contracts

Samples: Internalization Agreement (MN8 Energy, Inc.), Internalization Agreement (MN8 Energy, Inc.), Internalization Agreement (MN8 Energy, Inc.)

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Termination of Management Agreement. At On the terms and subject to the conditions set forth herein, at the Closing, and without any further action required by any party theretoeffective as of the Closing Date, the Management Agreement shall terminate. Termination of the Management Agreement shall terminate and cease to be deemed a termination pursuant to Section 10.1 of the Management Agreement and shall have the effects specified in the Management Agreement, including the survival of any rights or force and effect and each party thereto and hereto shall release and discharge the other from further observance thereof and all past and future obligations that accrued prior to the termination and as provided in Section 6.4, Article VII, Article IX, Article X, and Article XI of the Management Agreementrespect thereto.

Appears in 1 contract

Samples: Management Internalization Agreement (Aegis Realty Inc)

Termination of Management Agreement. At The management agreement provided for in subsection 7.1(b) will continue unless terminated in accordance with the Closing, terms thereof and without in any further action required by any party theretoevent shall terminate upon the termination of this Agreement. In the event that such management agreement is terminated or the Manager resigns, the Management Agreement General Partner shall terminate. Termination carry out, or shall promptly appoint a successor to carry out, the activities of the Management Agreement shall be deemed a termination pursuant to Section 10.1 of the Management Agreement and shall have the effects specified in the Management Agreement, including the survival of any rights or obligations that accrued prior to the termination and as provided in Section 6.4, Article VII, Article IX, Article X, and Article XI of the Management AgreementManager.

Appears in 1 contract

Samples: Limited Partnership Agreement

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Termination of Management Agreement. At The Management Agreement shall be terminated at, and subject to, the Closing. Except for Sections 8(f), 11 and without any further action required by any party thereto16 of the Management Agreement (which such sections shall survive the termination of the Management Agreement), the Management Agreement shall terminate. Termination be void and of no further effect after the Closing and the consummation of the Management Agreement shall be deemed a termination pursuant to Section 10.1 of the Management Agreement and shall have the effects specified in the Management Agreement, including the survival of any rights or obligations that accrued prior to the termination and as provided in Section 6.4, Article VII, Article IX, Article X, and Article XI of the Management Agreementtransactions contemplated hereby.

Appears in 1 contract

Samples: Internalization Agreement (Annaly Capital Management Inc)

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