Common use of Assignment and Assumption of Management Agreement Clause in Contracts

Assignment and Assumption of Management Agreement. An Assignment and Assumption of Management Agreement in the form of EXHIBIT 4.2. 1.4 annexed hereto and made a part hereof pursuant to which Seller shall assign to Buyer the Management Agreement and Buyer shall assume the obligations of Seller thereunder, provided, however, the obligation to deliver the Assignment and Assumption of Management Agreement shall be irrevocably waived, if prior to the Close of Escrow, the Management Agreement shall have been terminated and the Interim Management Agreement shall have become effective in accordance with SECTION 17.20;

Assignment and Assumption of Management Agreement. An Assignment and Assumption of Management Agreement in the form of EXHIBIT 4.2. 1.4 annexed hereto and made a part hereof pursuant to which Seller shall assign to Buyer the Management Agreement and Buyer shall assume the obligations of Seller thereunder, provided, however, the obligation to deliver the Assignment and Assumption of Management Agreement shall be irrevocably waived, if prior to the Close of Escrow, the Management Agreement shall have been terminated and the Interim Management Agreement shall have become effective in accordance with SECTION 17.20;.

Assignment and Assumption of Management Agreement. An Assignment and Assumption of Management Agreement in the form of EXHIBIT 4.2Exhibit 4. 1.4 2.1.4 annexed hereto and made a part hereof pursuant to which Seller shall assign to Buyer the Management Agreement and Buyer shall assume the obligations of Seller thereunder, provided, however, the obligation to deliver the Assignment and Assumption of Management Agreement shall be irrevocably waived, if prior to the Close of Escrow, the Management Agreement shall have been terminated and the Interim Management Agreement shall have become effective in accordance with SECTION Section 17.20;.