Existing Property Management Agreement definition

Existing Property Management Agreement means the Property Management and Leasing Agreement, dated as of March 31, 2011, among ARCT, ARCOP and the Existing Property Manager, as modified by the Existing Management Agreements Side Letter.
Existing Property Management Agreement means that certain Management Agreement, dated June 1, 2017, among Office Owner, Amenities Owner and the Existing Property Manager relating to the management and leasing of the Property.
Existing Property Management Agreement means the existing property management agreement between Seller and Existing Property Manager with respect to management of the Property, as the same may be amended, modified or supplemented from time to time.

Examples of Existing Property Management Agreement in a sentence

  • In the event that any Existing Property Management Agreement or Future Property Management Agreement is terminated following the rejection thereof pursuant to Section 365 of the U.S. Bankruptcy Code (11 U.S.C. Section 101 et.

  • MPG, MOF and Beacon acknowledge and agree that, on the Closing Date, the Company shall pay to MPG any and all then accrued and unpaid fees and unreimbursed expenses which MPG is entitled to receive under each of the LLC Agreement and the Existing Property Management Agreement on account of services rendered and expenses incurred by MPG thereunder during calendar year 2011 and through and including the portion of calendar year 2012 ending on the Closing Date.

  • For the avoidance of doubt, the Existing Property Management Agreement shall be terminated prior to the Closing.

  • Provided that this Agreement is not previously terminated, upon ten (10) days written notice from Purchaser (provided that such notice may not be given until the New Property Management Approval is obtained), Seller shall (i) cause the Existing Property Management Agreement to be terminated, and (ii) enter into the New Property Management Agreement with New Property Manager.

  • All accrued fees pursuant to the Existing Property Management Agreement shall be paid by Seller at or prior to Closing..

  • If Seller has not previously terminated the Existing Property Management Agreement and entered into the New Property Management Agreement, then Seller shall cause the Existing Property Management Agreement to be terminated by the Closing.


More Definitions of Existing Property Management Agreement

Existing Property Management Agreement means that certain Management Agreement dated as of August 27, 2013 between Seller and Property Manager, as amended.
Existing Property Management Agreement means that certain Fifth Amended and Restated Property Management and Leasing Agreement, dated May 15, 2008, by and among REIT I, BH OP and Property Manager, as amended through February 2012 and in effect immediately prior to its amendment and restatement into the Amended and Restated Property Management Agreement, as contemplated by this Agreement; a conformed version thereof is attached hereto as Exhibit H.
Existing Property Management Agreement means the Property Management and Leasing Agreement, dated as of June 8, 2012, among the Borrower, ARCT, and American Realty Capital Properties IV, LLC.

Related to Existing Property Management Agreement

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

  • Hotel Management Agreement means any management agreements between a Hotel Management Company and Lessee and/or Landlord, as applicable, as such management agreements are amended from time to time for the Hotel.

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

  • 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;

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

  • 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.

  • 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.

  • 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.

  • 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;

  • 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.

  • Existing Facility Agreement means the senior secured credit facility dated 26 October 2000 made between, inter alia, UPC Broadband, UPC Financing and Toronto Dominion (Texas) LLC as facility agent and the banks and financial institutions listed therein, as amended from time to time.

  • 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.

  • 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.

  • leasing agreement means an agreement by which one person (the lessor) grants a right to possession or control of an object (with or without an option to purchase) to another person (the lessee) in return for a rental or other payment;

  • Replacement Agreement means an agreement entered into as a replacement for any Relevant Agreement;

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

  • Redevelopment Agreement means an agreement between the

  • Assignment of Management Agreement means the Assignment of Management Agreement and Subordination of Management Fees, dated the same date as this Loan Agreement, among Borrower, Lender and Property Manager, including all schedules, riders, allonges and addenda, as such Assignment of Management Agreement may be amended from time to time, and any future Assignment of Management Agreement and Subordination of Management Fees executed in accordance with Section 6.09(d).

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

  • Existing Franchise Agreement means that certain franchise license agreement between the Seller and the Franchisor, granting to Seller a franchise to operate the Hotel under the Brand.

  • Construction Services Agreement (CSA) means the Construction Services Agreement, together with any duly authorized and executed amendments hereto.

  • Sponsor Management Agreement means the management agreement between certain of the management companies associated with the Sponsor Group or their advisors and the Borrower.

  • Property Management Fee means the fee payable to the Manager for its day-to-day management of the Property pursuant to the Management Agreement.

  • Concession Agreement means this Agreement, its Recitals, the Schedules hereto and any amendments thereto made in accordance with the provisions contained in this Agreement;

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

  • mortgage agreement ’ means the note or debt instrument and the mortgage instrument, deed of trust instrument, trust deed, or instru- ment or instruments creating the mortgage, including any instrument incorporated by ref- erence therein (including any applicable regu- latory agreement), and any instrument or agreement amending or modifying any of the foregoing;