Common use of Contracts with Related Parties Clause in Contracts

Contracts with Related Parties. Glenborough may arrange for the furnishing of the Services contemplated hereunder by any other person, corporation, partnership, trust or other entity related to or affiliated with Glenborough (hereinafter referred to as a “Related Party”), provided such proposed related or affiliated party is professionally qualified and competent and any fees charged by such Related Party shall be included herein and not in addition to the fees and reimbursements contemplated hereunder. Unless the context or language indicates otherwise, the use of the term “Glenborough” in this Agreement shall be deemed to include any such Related Party performing services hereunder.

Appears in 4 contracts

Samples: Property Management and Services Agreement, Property Management and Services Agreement (Rancon Realty Fund Iv), Property Management and Services Agreement (Rancon Realty Fund V)

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