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. 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 12.04 and this Section 12.05 will survive termination of this Agreement.

Appears in 2 contracts

Samples: Property Management Agreement (One Chestnut Realty LLC), Property Management Agreement (One Chestnut Realty LLC)

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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. Upon termination of this Agreement, Manager will reasonably 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 12.04 SECTION 12.3 and this Section 12.05 SECTION 12.4 will survive termination of this Agreement.

Appears in 1 contract

Samples: 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 will: (a) promptly will vacate any office space provided by Owner for the location of Manager’s personnel. Upon termination of this Agreement, Manager will ; and (b) reasonably cooperate in all respects with Owner in order to effect an orderly transition of the management functions to a new managermanager or to return complete control of the Hotel to Owner. Manager’s obligations under Section 12.04 and this Section 12.05 1.04(D) will survive termination of this Agreement.

Appears in 1 contract

Samples: Hotel Management Agreement

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