Common use of Change of Banks Clause in Contracts

Change of Banks. Owner may direct Manager to change any depository bank or depository arrangement. Except with the prior written approval of Owner, Manager shall not change any depository bank or arrangement or other banking relationship or procedure.

Appears in 9 contracts

Samples: Property Management Agreement (One Chestnut Realty LLC), Property Management Agreement (One Chestnut Realty LLC), Property Management Agreement (Boston Capital Real Estate Investment Trust Inc)

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Change of Banks. Owner may direct Manager to change any a depository bank or the depository arrangement. Except with the prior written approval of Owner, Manager shall not change any depository bank or arrangement or other banking relationship or procedurearrangements.

Appears in 7 contracts

Samples: Lease Agreement (Secured Investment Resources Fund Lp Ii), Management Agreement (Secured Investment Resources Fund Lp Ii), Property Management Agreement (Secured Investment Resources Fund Lp Ii)

Change of Banks. Owner may direct Manager Manager, in writing, to change any a depository bank or depository arrangement. Except with the prior written approval of Owner, Manager shall not change any depository bank arrangements, provided that any costs or arrangement or other banking relationship or procedureexpenses associated with such change shall be paid by Owner.

Appears in 2 contracts

Samples: Management Agreement (Iac Capital Trust), Management Agreement (Iac Capital Trust)

Change of Banks. Owner may direct Manager to change the Depository Account, the Operating Account, or the Security Deposit Account bank arrangements. If the bank so designated by Owner is not a bank customarily used by Manager, then Owner shall pay any depository bank or depository arrangement. Except with additional costs incurred by Manager to administer the prior written approval of Owner, Manager shall not change any depository bank or arrangement or other banking relationship or procedurenew account.

Appears in 2 contracts

Samples: Management and Leasing Agreement (Usf&g Legg Mason Realty Partners Limited Partnership), Management and Leasing Agreement (Usf&g Legg Mason Realty Partners Limited Partnership)

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Change of Banks. Owner may direct the Manager to change any a depository bank or the depository arrangement. Except with the prior written approval of Owner, Manager shall not change any depository bank or arrangement or other banking relationship or procedurearrangements.

Appears in 2 contracts

Samples: Agreement to Manage and Lease Real Estate, Management Services Agreement (Diverse Development Group Inc.)

Change of Banks. Owner may direct the Manager to change any a depository bank or the depository arrangement. Except with the prior written approval of Owner, Manager shall not change any depository bank or arrangement or other banking relationship or procedurearrangements for its respective Premises.

Appears in 1 contract

Samples: Management Agreement

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