Common use of Early Termination Without Cause Clause in Contracts

Early Termination Without Cause. 10.2.1 The REIT may not terminate the Agreement during the Initial Term, except for Cause. After the Initial Term, the REIT may terminate the agreement without Cause upon 180 days’ prior written notice to the Manager and subject to payment of the Termination Fee pursuant to Section 10.4 (except as otherwise provided in Section 13.1). 10.2.2 The Manager may terminate the agreement at any time and for any reason upon 180 days’ prior written notice to the REIT.

Early Termination Without Cause. 10.2.1 The REIT may not terminate the Agreement during the New Initial Term, except for Cause. After the New Initial Term, the REIT may terminate the agreement without Cause upon 180 days’ prior written notice to the Manager and subject to payment of the Termination Fee pursuant to Section 10.4 (except as otherwise provided in Section 13.1). 10.2.2 The Manager may terminate the agreement at any time and for any reason upon 180 days’ prior written notice to the REIT.