Common use of Hotel Management Agreement Clause in Contracts

Hotel Management Agreement. (i) Cause Master Tenant to amend, modify or terminate the Hotel Management Agreement, or enter into, amend, modify or terminate any replacement thereof, in each case to the extent Managing Member on behalf of the Company and any of its Subsidiaries has the right and ability to cause Master Tenant to do so.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (KBS Strategic Opportunity REIT II, Inc.), Limited Liability Company Agreement (KBS Strategic Opportunity REIT II, Inc.)

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Hotel Management Agreement. (i) Cause the Master Tenant to amend, modify modify, or terminate terminate, the Hotel Management Agreement, or enter into, amend, modify or modify, terminate any replacement thereof, in each case to the extent Managing Member the Manager on behalf of the Company and any of its Subsidiaries has the right and ability to cause the Master Tenant to do so.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (KBS Strategic Opportunity REIT II, Inc.), Limited Liability Company Agreement (KBS Strategic Opportunity REIT II, Inc.)

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