Common use of Modification of Non-Exclusive Territory Clause in Contracts

Modification of Non-Exclusive Territory. The Non-Exclusive Territory may be modified (including, but not limited to the designation of all or any portion of the Non-Exclusive Territory as a Shared Territory or Exclusive Territory hereunder) at any time, from time to time, and in any manner by the Operating Partnership, subject to approval by a majority of the REIT's board of trustees, including approval by a majority of the REIT's independent trustees.

Appears in 11 contracts

Samples: Facilities Portfolio Management Agreement, Facilities Portfolio Management Agreement, Facilities Portfolio Management Agreement (National Storage Affiliates Trust)

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Modification of Non-Exclusive Territory. The Non-Exclusive Territory may be modified (including, but not limited to the designation of all or any portion of the Non-Exclusive Territory as a Shared Territory or Exclusive Territory hereunder) at any time, from time to time, and in any manner by the Operating Partnership, subject to approval by a majority of the REIT's board of trustees, including approval by a majority of the REIT's independent trustees.. ARTICLE 3

Appears in 1 contract

Samples: Facilities Portfolio Management Agreement (National Storage Affiliates Trust)

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Modification of Non-Exclusive Territory. The Non-Exclusive Territory may be modified (including, but not limited to the designation of all or any portion of the Non-Exclusive Territory as a Shared Territory or Exclusive Territory hereunder) at any time, from time to time, and in any manner by the Operating Partnership, subject to approval by a majority of the REIT's ’s board of trustees, including approval by a majority of the REIT's ’s independent trustees.

Appears in 1 contract

Samples: Facilities Portfolio Management Agreement (National Storage Affiliates Trust)

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