Modification of Exclusive Territory. The Exclusive Territory may be modified at any time, from time to time, and in any manner, by the Operating Partnership, if the Manager Parties fail to meet at least seventy-five percent (75%) of their aggregate property acquisition targets, as set forth in the Operating Partnership's operating budgets during the immediately preceding three (3) year period.
Appears in 10 contracts
Samples: Facilities Portfolio Management Agreement (National Storage Affiliates Trust), Facilities Portfolio Management Agreement (National Storage Affiliates Trust), Facilities Portfolio Management Agreement (National Storage Affiliates Trust)
Modification of Exclusive Territory. The Exclusive Territory may be modified at any time, from time to time, and in any manner, by the Operating Partnership, if the Manager Parties fail to meet at least seventy-five percent (75%) of their aggregate property acquisition targets, as set forth in the Operating Partnership's operating budgets during the immediately preceding three (3) year period.. (b)
Appears in 2 contracts
Samples: Facilities Portfolio Management Agreement, Facilities Portfolio Management Agreement
Modification of Exclusive Territory. The Exclusive Territory may be modified at any time, from time to time, and in any manner, by the Operating Partnership, if the Manager Parties fail to meet at least seventy-five percent (75%) of their aggregate property acquisition targets, as set forth in the Operating Partnership's ’s operating budgets during the immediately preceding three (3) year period.
Appears in 1 contract
Samples: Facilities Portfolio Management Agreement (National Storage Affiliates Trust)
