Common use of Management of Property Clause in Contracts

Management of Property. Without the prior written consent of Bondowner Representative, Borrower shall not enter into any agreement providing for the management, leasing or operation of the Property or Improvements. Bondowner Representative hereby approves of the Property Management Agreement by and between Borrower and the Property Manager. During the term of the Loan, Property Manager shall provide management for the Property, pursuant to the Property Management Agreement. Borrower shall not (i) amend, modify or waive any default under the Property Management Agreement, or any successor thereof, without Bondowner Representative’s prior written consent, or (ii) dismiss or replace the Property Manager without Bondowner Representative’s prior written consent.

Management of Property. Without the prior written consent of Bondowner Representative, Borrower shall not enter into any agreement providing for the management, leasing or operation of the Property or Improvements. Bondowner Representative hereby approves of the Property Management Agreement by and between Borrower and the Property Manager. During the term of the Loan, Property Manager shall provide management for the Property, pursuant to the Property Management Agreement. Borrower shall not not (i) amend, modify or waive any default under the Property Management Agreement, or any successor thereof, without Bondowner Representative’s prior written consent, or (ii) dismiss or replace the Property Manager without Bondowner Representative’s prior written consent.

Management of Property. Without the prior written consent of Bondowner Representative, Borrower shall not enter into any agreement providing for the management, leasing or operation of the Property or Improvements. Bondowner Representative hereby approves of the Property Management Agreement by and between Borrower and the Property Manager. During the term of the Loan, Property Manager shall provide management for the Property, pursuant to the Property Management Agreement. Borrower shall not (i) amend, modify or waive any default under the Property Management Agreement, or any successor thereof, without Bondowner Representative’s reasonable prior written consent, or (ii) dismiss or replace the Property Manager without Bondowner Representative’s reasonable prior written consent.

Management of Property. Without the prior written consent of Bondowner Representative, Borrower shall not enter into any agreement providing for the management, leasing or operation of the Property or Improvements. Bondowner Representative hereby approves of the Property Management Agreement by and between Borrower and the Property Manager. During the term of the Loan, Property Manager shall provide management for the Property, pursuant to the Property Management Agreement. Borrower shall not not (i) amend, modify or waive any default under the Property Management Agreement, or any successor thereof, without Bondowner Representative’s prior written consent, or (ii) dismiss or replace the Property Manager Manager, without Bondowner Representative’s 's prior written consent.