Common use of Approval by Owner Clause in Contracts

Approval by Owner. Subject to and consistent with the protocols for the timing, review and completion of the Project Budget as mandated by the Joint Venture Agreement, Owner shall have the right to review and approve or disapprove of the proposed Project Budget and shall advise the Managers in writing of any objections to the respective Project Budget as required by and consistent with the Joint Venture Agreement.

Appears in 2 contracts

Samples: Retail Management Agreement, Retail Management Agreement (CityCenter Holdings, LLC)

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Approval by Owner. Subject to and consistent with the protocols for the timing, review and completion of the Project Budget as mandated by the Joint Venture Agreement, Owner shall have the right to review and approve or disapprove of the proposed Project Budget and shall advise the Managers Operator in writing of any objections to the respective Project Budget as required by and consistent with the Joint Venture Agreement.

Appears in 2 contracts

Samples: Operations Management Agreement, Condo Hotel Operations Management Agreement (CityCenter Holdings, LLC)

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Approval by Owner. Subject to and consistent with the protocols for the timing, review and completion of the Project Budget as mandated by the Joint Venture Agreement, Owner shall have the right to review and approve or disapprove of the proposed Project Budget and shall advise the Managers each Manager in writing of any objections to the respective Project Budget as required by and consistent with the Joint Venture Agreement.

Appears in 1 contract

Samples: Hotel and Casino Operations and Hotel Assets Management Agreement (CityCenter Holdings, LLC)

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