Common use of OBLIGATION TO VACATE: ORDERLY TRANSITION Clause in Contracts

OBLIGATION TO VACATE: ORDERLY TRANSITION. Upon termination of this Agreement, Manager promptly will vacate any office space provided by Owner for the location of Manager’s personnel, and will restore any such office space to the same condition that it was in at the time such space was first provided to Manager, or to such better condition as may have existed at any time during the term of this Agreement, reasonable wear and tear excepted. Upon termination of this Agreement, Manager will cooperate in all respects in order to effect an orderly transition of the management functions to a new manager. Manager’s obligations under Section 12.3 and this Section 12.4 will survive termination of this Agreement.

Appears in 3 contracts

Samples: Property Management Agreement (Boston Capital Real Estate Investment Trust Inc), Property Management Agreement (Boston Capital Real Estate Investment Trust Inc), Property Management Agreement (Boston Capital Real Estate Investment Trust Inc)

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OBLIGATION TO VACATE: ORDERLY TRANSITION. Upon termination of this Agreement, Manager promptly will vacate any office space provided by Owner for the location of Manager’s 's personnel, and will restore any such office space to the same condition that it was in at the time such space was first provided to Manager, or to such better condition as may have existed at any time during the term of this Agreement, reasonable wear and tear excepted. Upon termination of this Agreement, Manager will cooperate in all respects in order to effect an orderly transition of the management functions to a new manager. Manager’s 's obligations under Section SECTION 12.3 and this Section SECTION 12.4 will survive termination of this Agreement.

Appears in 3 contracts

Samples: Property Management Agreement (Boston Capital Real Estate Investment Trust Inc), Property Management Agreement (Boston Capital Real Estate Investment Trust Inc), Property Management Agreement (Boston Capital Real Estate Investment Trust Inc)

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