Change in Management Fee. Manager shall notify Owner in writing of any proposed changes to Manager’s compensation. Any such changes shall be effective on the sixty-first (61st) day after the date of Manager’s notice, unless Owner gives Manager written notice on or before the proposed effective date following Manager’s notice, that Owner does not accept such changes, in which case this Agreement shall terminate in accordance with Section 10.
Appears in 5 contracts
Samples: Rental Management Agreement, Rental Management Agreement, Rental Management Agreement
Change in Management Fee. Manager or Subsidiary shall notify Owner in writing of any proposed changes to Manager’s the compensation. Any such changes shall be effective on the sixty-first (61st) day after the date of Manager’s notice, unless Owner gives Manager or Subsidiary written notice on or before the proposed effective date following Manager’s or Subsidiary’s notice, that Owner does not accept such changes, in which case this Agreement shall terminate in accordance with Section 10.
Appears in 3 contracts
Samples: Rental Management Agreement, Rental Management Agreement, Rental Management Agreement
Change in Management Fee. Manager shall notify Owner in writing of any proposed changes to Manager’s the compensation. Any such changes shall be effective on the sixty-first (61st) day after the date of Manager’s notice, unless Owner gives Manager written notice on or before the proposed effective date following Manager’s notice, notice that Owner does not accept such changes, in which case this Agreement shall terminate in accordance with Section 108.
Appears in 1 contract
Samples: Rental Management Agreement