Common use of Documents with respect to Management Agreement Documents Clause in Contracts

Documents with respect to Management Agreement Documents. Notwithstanding any provision in this Agreement to the contrary, at Closing, Parent shall, at Parent’s sole cost and expense (including, without limitation, the payment of any assumption fees), execute such documents and take such action as each Manager may require in order to cause the RLJ REITs and their Affiliates to be released from any liability pursuant to each of the Management Agreement Documents. In the event that Parent elects or is required to terminate any Management Agreement Document, Parent shall bear all costs, including, without limitation, any termination fee or penalty, in connection therewith.