Default by Manager. Manager shall be in default hereunder in the event Manager fails to perform or comply with any material term of this Agreement to be performed or complied with by Manager and such default is not remedied within: (a) thirty (30) days after written notice of any non-monetary default given to Manager by Owner; provided, however, if Manager is exercising good faith efforts to remedy such a non-monetary default, the aforesaid thirty (30) day period may be extended for such additional period as is reasonable to cure such default; or (b) immediately upon written notice in the event Manager misappropriates funds of Owner or commits fraud or willful misconduct against Owner.
Appears in 4 contracts
Samples: Property Management Agreement (Arrived STR 2, LLC), Property Management Agreement (Arrived STR 2, LLC), Property Management Agreement (Arrived STR 2, LLC)
