Common use of NSA Asset Management Agreements; Sales Commission Agreement Clause in Contracts

NSA Asset Management Agreements; Sales Commission Agreement. (a) On the Effective Date, the Parties shall enter into an NSA Asset Management Agreement for each of the Properties so that as of the Effective Date, (i) the Operating Partnership and each Owner, severally and not jointly, shall have appointed Manager as the asset manager for the applicable Owner's Property, and (ii) Manager shall have accepted such appointment thereunder.

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)

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NSA Asset Management Agreements; Sales Commission Agreement. (a) On the Effective Date, the Parties shall enter into an NSA Asset Management Agreement for each of the Properties so that as of the Effective Date, (i) the Operating Partnership and each Owner, severally and not jointly, shall have appointed Manager as the asset manager for the applicable Owner's ’s Property, and (ii) Manager shall have accepted such appointment thereunder.

Appears in 1 contract

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

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