Existing Management Agreement. Terminate the Existing Management Agreement affecting the Property at or prior to Closing. All termination fees and any other costs and expenses relating to such termination shall be the responsibility solely of Seller, and Buyer shall not have any responsibility or liability thereunder.
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Samples: Purchase and Sale Agreement (Glimcher Realty Trust)
Existing Management Agreement. Terminate Seller shall terminate the Existing Management Agreement affecting the Property at or prior to Closing. All termination fees and any other costs and expenses relating to such termination shall be the responsibility solely of Seller, and Buyer shall not have any responsibility or liability thereundertherefor.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Resource Real Estate Opportunity REIT II, Inc.)
Existing Management Agreement. Terminate Seller shall terminate the Existing Management Agreement affecting the Property with respect to the Property at or prior to the Closing. All termination fees and any other costs and expenses relating to such termination shall be the responsibility solely of Seller, and Buyer shall not have any responsibility or liability thereunder.
Appears in 1 contract
Samples: Purchase and Sale Agreement (American Realty Capital New York City REIT, Inc.)
Existing Management Agreement. Terminate At or prior to the Closing, Seller shall terminate the Existing Management Agreement affecting the Property at or Agreement, and Seller shall be solely responsible for all claims and liabilities arising thereunder on, prior to Closingor following the Closing Date. All termination fees and any other costs and expenses relating to such termination Seller shall be responsible for paying all costs related to the responsibility solely termination of Seller, and Buyer shall not have any responsibility or liability thereunderthe Existing Management Agreement.
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