Common use of Lender Approval Clause in Contracts

Lender Approval. This Agreement maybe subject to approval by lender(s) or lienholder(s) on the Property. If such an approval is required, this Agreement shall not go into effect until such approval is obtained. Manager agrees to use its best effects to assist and cooperate with the Owner in obtaining such approval.

Appears in 5 contracts

Samples: Assignment of Management Agreement and Exclusive Right to Lease Agreement (Secured Investment Resources Fund Lp Ii), Assignment of Management Agreement and Subordination of Management Fees (Secured Investment Resources Fund Lp Ii), Property Management Agreement (Secured Investment Resources Fund Lp Ii)

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Lender Approval. This Agreement maybe may be subject to approval by lender(s) or lienholder(s) on the Property. If such an approval is required, this Agreement shall not go into effect until such approval is obtained. Manager agrees to use its best effects to assist and cooperate with the Owner in obtaining such approval.

Appears in 2 contracts

Samples: Property Management Agreement (Secured Investment Resources Fund Lp Ii), Property Management Agreement (Secured Investment Resources Fund Lp Ii)

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