Existing Management Agreements Sample Clauses

Existing Management Agreements. Any and all Contracts (the “Prior Management Agreements”) between Mediacom Management Corporation, a Delaware corporation, and the Company or any of its Subsidiaries providing for Mediacom Management Corporation to render managerial services to the Company and/or any of its Subsidiaries are terminated and cancelled as of the Effecti“e Date.
AutoNDA by SimpleDocs
Existing Management Agreements. 1.1.90 Property Reports 1.1.104 Seller’s Knowledge
Existing Management Agreements. Sellers shall terminate the Existing Management Agreements affecting each Property with respect to such 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 Sellers, and Buyer shall not have any responsibility or liability thereunder. Sellers’ obligations under this Section 3.4(d) shall survive the Closing.
Existing Management Agreements. Schedule 3.25 sets forth a true and accurate list of all Management Agreements to which the Borrower or any of its Subsidiaries is a party as of the Effective Date (as each may be amended, amended and restated, supplemented or otherwise modified from time to time hereafter, the "Existing Management Agreement"). As of the Effective Date, each Existing Management Agreement is in full force and effect and none of the parties thereto is in breach of or in default under such Existing Management Agreement.
Existing Management Agreements. Schedule 5.23 sets forth a true, accurate and complete list of all Management Agreements to which Borrower or any of its Subsidiaries is a party as of the Amendment Effective Date (as each may be amended, amended and restated, supplemented or otherwise modified from time to time hereafter, collectively, the “Existing Management Agreements”). As of the Amendment Effective Date, each Existing Management Agreement is in full force and effect and neither the Loan Party party thereto nor, to the knowledge of Borrower, the Practice Group party thereto is in breach of or in default under such Existing Management Agreement.
Existing Management Agreements. Exhibit P accurately identifies each Existing Management Agreement, including the name and date of each (and any amendments, modifications, guarantees and any ancillary documents and agreements related thereto). Other than as described in the Existing Management Agreements, no Person provides any management services to any Hotels. On the Closing Date, there will be no Existing Management Agreements or other hotel management agreements in effect with any Person for the management of any Hotel (other than agreements entered into by Purchaser) and any such Existing Management Agreement shall be terminated, effective on or prior to Closing, by the parties thereto without any cost to Purchaser. Seller shall bear all costs and liabilities, including, but not limited to, any termination fee associated with the termination of any Existing Management Agreement prior to, at or in connection with the Closing.
Existing Management Agreements. Although not included in the Property, for the avoidance of doubt, the existing management agreement for each Seller, which shall be terminated by the applicable Seller at Closing; and
AutoNDA by SimpleDocs
Existing Management Agreements. All property owned by Existing Manager and used at the Hotels or in the Business pursuant to the Existing Management Agreements, including (a) all brand names, trademarks, logos and other intellectual property rights licensed to any Seller or otherwise used by Existing Manager in the Business pursuant to the Existing Management Agreements, and (b) all data, manuals and other information of Existing Manager under the Existing Management Agreements. If the property of any Seller incorporates property of the Existing Manager, the portion of such property that constitutes Existing Manager’s property shall be removed, and the remainder of such property shall be included in the Property.
Existing Management Agreements. The Agent shall have received certified copies of all Existing Management Agreements which shall be reasonably satisfactory to Agent and all of the Co-Lenders.
Existing Management Agreements. Each Seller shall have terminated the applicable Existing Management Agreement concurrently with the Closing without cost or expense to Buyer.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!