Common use of ANCHOR LEASES Clause in Contracts

ANCHOR LEASES. Manager shall obtain the written consent of Owner to the terms and conditions of any Anchor Lease by delivering such Anchor Lease to Owner together with all reasonably relevant information. Owner shall grant or deny (with specificity) its approval of the terms and conditions of any Anchor Lease within twenty-one (21) days after Owner's receipt of such Lease and relevant information. Manager will deliver each fully negotiated and approved Anchor Lease to Owner for Owner's execution thereof, and provided that the terms of any such Anchor Lease are consistent with the terms approved in writing by Owner, Owner shall execute any such Anchor Lease within fifteen (15) Business Days after Owner's receipt thereof.

Appears in 4 contracts

Samples: Management Agreement (Westfield America Inc), Management Agreement (Westfield America Inc), Management Agreement (Westfield America Inc)

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ANCHOR LEASES. Manager shall obtain the written consent of Owner to the terms and conditions of any Anchor Lease by delivering such Anchor Lease to Owner together with all reasonably relevant information. Owner shall grant or deny (with 16 <PAGE> specificity) its approval of the terms and conditions of any Anchor Lease within twenty-one (21) days after Owner's receipt of such Lease and relevant information. Manager will deliver each fully negotiated and approved Anchor Lease to Owner for Owner's execution thereof, and provided that the terms of any such Anchor Lease are consistent with the terms approved in writing by Owner, Owner shall execute any such Anchor Lease within fifteen (15) Business Days after Owner's receipt thereof.. G.

Appears in 1 contract

Samples: Management Agreement

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