Management Agreement Termination. A termination of the existing management agreement, executed by the property manager.
Management Agreement Termination. Seller hereby covenants to -------------------------------- Purchaser that Seller shall terminate any agreement with Seller's existing managing agent, and that as of the Closing Date there will be no management agreement or other contract with respect to the management of the Hotel in effect at the Hotel.
Management Agreement Termination. The Seller shall have delivered an executed termination of the agreement referred to as item 7 of Schedule 3.13
Management Agreement Termination. The Seller shall have delivered to the Purchaser a termination and release agreement terminating the Management Agreement. Such termination and release agreement shall be in form satisfactory to counsel for the Purchaser.
Management Agreement Termination. “Management Agreement Termination” means the termination effective as of Closing of the Hotel Management Agreement, if applicable, substantively in the form attached hereto as Exhibit O.
Management Agreement Termination. The Company shall have terminated the Fee and Indemnity Letter dated December 13, 2002 (the “Management Agreement”) between Burger King Acquisition Corp., on one hand, and Xxxx Capital Partners, LLC, Xxxxxxx, Sachs & Co. and TPG GenPar III, L.P. and certain of their affiliates, on the other.
Management Agreement Termination. That certain Management Agreement, dated as of June 28, 2001 (as amended, revised or otherwise modified), by and among the Company and the Kohlberg Manager, together with any other similar advisory agreements between any of the Kohlberg Parties and/or their respective Affiliates or Representatives on the one hand, and the Company and/or its Subsidiaries on the other hand (collectively, the “Management Agreement”), are hereby irrevocably and unconditionally terminated, and shall be of no further force or effect; provided, that notwithstanding the foregoing, and subject in all respects to the terms of the Release, any rights and claims with respect to indemnification set forth in Section 4 of the Management Agreement will survive the termination of such agreement in accordance with Section 13 thereof (the “Surviving Indemnification Rights”). Except as expressly set forth in the Release, neither the Company nor any of its Subsidiaries shall have any liabilities or obligations under or with respect to any Management Agreement from and after the date hereof (including with respect to any amounts owed to any of the Kohlberg Parties and/or their respective Affiliates under the Management Agreement) other than with respect to the Surviving Indemnification Rights.
Management Agreement Termination. Evidence that the existing management agreement has been terminated pursuant to the terms of the agreement referenced in Section 7.1.6.
Management Agreement Termination. Sellers and the Company shall have terminated the management agreement as more fully described in Seller’s Disclosure Schedules and shall provide evidence of such termination reasonably acceptable to Buyer.
Management Agreement Termination. This Management Agreement Termination Agreement ("Agreement") is entered into as of this ____ day of ____________, 2000, by and between ________________ [Lower Tier Entity] ("Owner") and _______________ ("Manager") with reference to the following: Owner and Manager have entered into certain oral or written agreements or understandings, as the same may have been amended or modified from time to time, (the "Management Agreement") with respect to the management by Manager of ______________ [Property name], which is owned by Owner and legally described in Exhibit A attached hereto (the "Property"); Owner has transferred its interest in the Property to [New Lower Tier Entity] (the "New Owner") and the parties hereto desire to terminate the Management Agreement as of the date hereof.