Common use of Management Agents’ and Brokers’ Contracts Clause in Contracts

Management Agents’ and Brokers’ Contracts. Borrower shall not enter into, modify, or amend any management contracts for the Project or agreements with agents or brokers, without the prior written approval of Lender which approval shall not unreasonably be withheld, conditioned or delayed. All such contracts shall be subordinate to the Loan and the Loan Documents.

Management Agents’ and Brokers’ Contracts. Borrower shall not enter into, modify, amend, waive any material provision of, terminate or amend cancel any management contracts for the Project or agreements with agents or brokers, without the prior written approval of Lender which approval shall not unreasonably be withheld, conditioned or delayed. All such contracts shall be subordinate to the Loan and the Loan DocumentsLender.

Management Agents’ and Brokers’ Contracts. Borrower shall not enter into, modifyterminate, modify or amend any management contracts for the Project or agreements with agents or brokers, without the prior written approval of Lender which approval shall not unreasonably be withheld, conditioned or delayed. All such contracts shall be subordinate to the Loan and the Loan DocumentsLender.

Management Agents’ and Brokers’ Contracts. Borrower shall not enter into, any new management contract or materially modify, or amend any management contracts for the Project or agreements with agents or brokersProject, without the prior written approval of Lender which approval shall not unreasonably be withheld, conditioned or delayed. All such contracts shall be subordinate except as specifically permitted pursuant to the Loan and the Loan Documentsthat certain Assignment of Management Agreement executed in conjunction herewith.