Common use of Management Agreement Clause in Contracts

Management Agreement. The Management Agreement is in full force and effect. There is no default, breach or violation existing thereunder, and no event has occurred (other than payments due but not yet delinquent) that, with the passage of time or the giving of notice, or both, would constitute a default, breach or violation thereunder, by either party thereto.

Management Agreement. The Management Agreement is in full force and effect. There effect and, to Borrower's knowledge, there is no default, breach or violation existing thereunder, default thereunder by any party thereto and no event has occurred (other than payments due but not yet delinquent) that, with the passage of time or and/or the giving of notice, or both, notice would constitute a default, breach or violation default thereunder, by either party thereto.

Management Agreement. The Management Agreement is in full force and effect. There effect and there is no default, breach or violation existing thereunder, default thereunder by any party thereto and no event has occurred (other than payments due but not yet delinquent) that, with the passage of time or and/or the giving of notice, or both, notice would constitute a default, breach or violation default thereunder, by either party thereto. The Manager is not an Affiliate of Borrower.

Management Agreement. The Management Agreement is in full force and effect. There is no default, breach or violation existing thereunderunder the Management Agreement, and no event has occurred (other than payments due but not yet delinquent) that, with the passage of time or the giving of notice, or both, would constitute a default, breach or violation thereunder, by either party thereto.

Management Agreement. The Management Agreement is in full force and effect. There is no default, breach or violation existing thereunder, thereunder by any party thereto and no event has occurred (other than payments due but not yet delinquent) thatwhich, with the passage of time or with notice and the giving expiration of notice, any grace or bothcure period, would constitute a default, breach or violation by any party thereunder, by either party thereto.

Management Agreement. The Management Agreement is in full force and effect. There is no default, breach or violation existing thereunder, and no event has occurred (other than payments due but not yet delinquent) that, with the passage of time or the giving of notice, or both, would constitute a default, breach or violation thereunder, by either party thereto. The management fees and the terms and provisions of the Management Agreement, are subordinate to the Loan Documents.

Management Agreement. The Management Agreement is in full force and effect. There is no default, breach or violation existing thereunder, and and, to the best of Borrower’s knowledge, no event has occurred (other than payments due but not yet delinquent) that, with the passage of time or the giving of notice, or both, would constitute a default, breach or violation thereunder, by either party thereto. The Management Agreement constitutes all of the agreements with respect to the management of the Property.

Management Agreement. (i) The Management Agreement is in full force and effect. There , (ii) there is no material uncured default, breach or violation existing thereunderthereunder by either party thereto, and (iii) to Tenant’s knowledge, no event has occurred (other than payments due but not yet delinquent) that, with the passage of time or the giving of notice, or both, would constitute a material default, breach or violation thereunder, by either party theretothereunder.

Management Agreement. The Management Agreement is in full force and effect. There effect and there is no default, breach or violation existing thereunder, default thereunder by any party thereto and no event has occurred (other than payments due but not yet delinquent) that, with the passage of time or and/or the giving of notice, or both, notice would constitute a default, breach or violation default thereunder, by either party thereto. The Manager is an Affiliate of Borrower.

Management Agreement. The Management Agreement is in full force and effect. There With respect to the Management Agreement, there is no default, breach or violation existing thereunder, and no event has occurred (other than payments due but not yet delinquent) that, with the passage of time or the giving of notice, or both, would constitute a default, breach or violation thereunder, by either party thereto.

Management Agreement. The Management Agreement is in full force and effect. There effect and there is no default, breach or violation existing thereunder, thereunder by any party thereto and no event has occurred (other than payments due but not yet delinquent) that, with the passage of time or the giving of notice, or both, would constitute a default, breach or violation by any party thereunder. Neither the execution and delivery of the Loan Documents, Borrower's performance thereunder, the recordation of the Mortgage, nor the exercise of any remedies by either party theretoLender, will adversely affect Borrower's rights under the Management Agreement.

Management Agreement. The Each Management Agreement is in full force and effect. There With respect to each Management Agreement, there is no default, breach or violation existing thereunder, and no event has occurred (other than payments due but not yet delinquent) that, with the passage of time or the giving of notice, or both, would constitute a default, breach or violation thereunder, by either party thereto.

Management Agreement. The Each Management Agreement is in full force and effect. There is no default, breach or violation existing thereunder, thereunder by any party thereto and no event has occurred (other than payments due but not yet delinquent) thatwhich, with the passage of time or with notice and the giving expiration of notice, any grace or bothcure period, would constitute a default, breach or violation by any party thereunder, by either party thereto.

Management Agreement. The Management Agreement is Agreements are in full force and effect. There With respect to each Management Agreement, there is no default, breach or violation existing thereunder, and no event has occurred (other than payments due but not yet delinquent) that, with the passage of time or the giving of notice, or both, would constitute a default, breach or violation thereunder, by either party thereto.

Management Agreement. The Management Agreement is Agreements are in full force and effect. There is no material default, breach or violation existing thereunderunder any Management Agreement, and and, to each Borrower’s actual knowledge, no event has occurred (other than payments due but not yet delinquent) that, with the passage of time or the giving of notice, or both, would constitute a material default, breach or violation thereunder, by either party thereto.

Management Agreement. The Management Agreement is in full force and effect. There is no default, breach or violation existing thereunder, thereunder by any party thereto and no event has occurred (other than payments due but not yet delinquent) thatwhich, with the passage of time or with notice and the giving expiration of notice, any grace or bothcure period, would constitute a default, breach or violation by any party thereunder, by either party thereto. The Management Agreement represents an arms-length agreement as to market fees and terms.

Management Agreement. The Management Agreement is in full force and effect. There effect and there is no default, breach or violation existing thereunder, thereunder by any party thereto and no event has occurred (other than payments due but not yet delinquent) thatwhich, with the passage of time or with notice and the giving expiration of notice, any grace or bothcure period, would constitute a default, breach or violation by any party thereunder, by either party thereto.

Management Agreement. The Each Management Agreement is in full force and effect. There effect and there is no default, breach or violation existing thereunder, thereunder by any party thereto and no event has occurred (other than payments due but not yet delinquent) that, with the passage of time or the giving of notice, or both, would constitute a default, breach or violation by any party thereunder. Neither the execution and delivery of the Loan Documents, Borrower's performance thereunder, the recordation of the Mortgage, nor the exercise of any remedies by either party theretoLender, will adversely affect Borrower's rights under any Management Agreement.

Management Agreement. The Management Agreement is in full force and effect. There , there is no default, breach or violation existing thereunder, and no event has occurred (other than payments due but not yet delinquent) that, with the passage of time or the giving of notice, or both, would constitute a default, breach or violation thereunder, by either party thereto.

Management Agreement. The Management Agreement is in full force and effect. There effect and there is no defaultdefault thereunder by any party thereto and, breach or violation existing thereunderto Borrower’s knowledge, and no event has occurred (other than payments due but not yet delinquent) that, with the passage of time or and/or the giving of notice, or both, notice would constitute a defaultdefault thereunder. No management fees under the Management Agreement are accrued and unpaid, breach or violation thereunder, by either party theretoexcept for the management fee for the current month which is not yet due.

Management Agreement. The Each Management Agreement is in full force and effect. There effect and there is no default, breach or violation existing thereunder, thereunder by any party thereto and no event has occurred (other than payments due but not yet delinquent) that, with the passage of time or the giving of notice, or both, would constitute a default, breach or violation by any party thereunder, by either party thereto.

Management Agreement. The Management Agreement is in full force and effect. There effect and, to the best of Borrower's knowledge there is no default, breach or violation existing thereunder, default thereunder by any party thereto and no event has occurred (other than payments due but not yet delinquent) that, with the passage of time or and/or the giving of notice, or both, notice would constitute a default, breach or violation default thereunder, by either party thereto.

Management Agreement. The Management Agreement is in full force and effect. There is no default, breach or of violation existing thereunder, and no event has occurred (other than payments due but not yet delinquent) that, with the passage of time or the giving of notice, or both, would constitute a default, breach or of violation thereunder, by either party thereto. The Management Fee and the terms and provisions of the Management Agreement are subordinate to the Loan Documents.

Management Agreement. The Management Agreement is in full force and effect. There is no default, breach or violation existing thereunder, and no event has occurred (other than payments due but not yet delinquent) that, with the passage of time or the giving of notice, or both, would constitute a default, breach or violation thereunder, by either party thereto.

Management Agreement. The Each Management Agreement is in full force and effect. There effect and there is no default, breach or violation existing thereunder, thereunder by any party thereto and no event has occurred (other than payments due but not yet delinquent) that, with the passage of time or the giving of notice, or both, would constitute a default, breach or violation by any party thereunder. Neither the execution and delivery of the Loan Documents, Borrower's performance thereunder, the recordation of the Mortgages, nor the exercise of any remedies by either party theretoLender, will adversely affect Borrower's rights under any Management Agreement.

Management Agreement. The Management Agreement is in full force and effect. There is no default, breach or violation existing thereunder, and no event has occurred (other than payments due but not yet delinquent) that, with the passage of time or the giving of notice, or both, would constitute a default, breach or violation thereunder, by either party thereto.. 32

Management Agreement. The Management Agreement is in full force and effect. There is no default, breach or violation existing thereunder, and no event has occurred (other than payments due but not yet delinquent) that, with the passage of time or the giving of notice, or both, would constitute a default, breach or violation thereunder, by either party thereto. Pursuant to the terms of the Assignment and Subordination of Management Agreement by Borrower and Manager in favor of Lender dated as of the date hereof, the management fees and the terms and provisions of the Management Agreement, are subordinate to the Loan Documents.

Management Agreement. The Management Agreement is in full force and effect. There is no default, breach or violation existing thereunder, and to the best of Borrower’s knowledge, no event has occurred (other than payments due but not yet delinquent) that, with the passage of time or the giving of notice, or both, would constitute a default, breach or violation thereunder, by either party thereto.

Management Agreement. The Management Agreement is Agreements are in full force and effect. There is no default, breach or violation existing thereunder, and no event has occurred (other than payments due but not yet delinquent) that, with the passage of time or the giving of notice, or both, would constitute a default, breach or violation thereunder, by either party thereto.. 40 71215191

Management Agreement. The Management Agreement is in full force and effect. The Management Agreement is the only agreement in existence for the general management of the Property. There is no default, breach or violation existing thereunder, and no event has occurred (other than payments due but not yet delinquent) that, with the passage of time or the giving of notice, or both, would constitute a default, breach or violation thereunder, by either party thereto.

Management Agreement. The Management Agreement is in full force and effect. There is no default, breach or violation existing thereunder, and no event has occurred (other than payments due but not yet delinquent) that, with the passage of time or the giving of notice, or both, would constitute a default, breach or violation thereunder, by either party theretoBorrower or Operating Tenant, or to Borrower’s knowledge, the Manager.