Common use of Breach by Manager Clause in Contracts

Breach by Manager. If Manager commits a material breach of any obligations of Manager under this Agreement, and if such breach shall continue for thirty (30) days after written notice from Owner (plus, with respect to breaches which Manager commences diligent efforts to cure within such period, but which cannot reasonably be cured within thirty (30) days, such additional period not to exceed ninety (90) additional days as is reasonably necessary to cure such breach), then Owner, in addition to the other remedies it may have at law or in equity, shall have the right to terminate this Agreement.

Appears in 9 contracts

Samples: Property Management and Leasing Agreement (Hines Global Reit Ii, Inc.), Property Management and Leasing Agreement (Hines Global Reit Ii, Inc.), Property Management and Leasing Agreement (Hines Global REIT, Inc.)

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