Other Management Agreements Sample Clauses

Other Management Agreements. The Owners hereby acknowledge and agree that the Manager may become a party to Other Management Agreements and, as a result, the Manager may engage in business activities that are in competition with the business of the Owners in respect of the Sites. Nothing in this Agreement shall in any way preclude the Manager or its Affiliates, subsidiaries, officers, employees and agents from engaging in any business activity (including the operation, maintenance, leasing and/or marketing of telecommunications sites for itself or for others), even if, by doing so, such activities could be construed to be in competition with the business activities of the Owners; provided that (i) if, pursuant to any Other Management Agreement, the Manager arranges for a Lease of a telecommunication site with a tenant that is also a Tenant under a Lease with an Owner, such new Lease will be separate from and independent of the Lease(s) between the Tenant and such Owner, (ii) unless a Site has been released pursuant to Article XI of the Loan Agreement, the Manager will not solicit a tenant to transfer its Lease from a Site owned, leased or managed by an Owner to a telecommunication site owned, leased or managed by a Person that is not an Owner, (iii) if the Tenant with respect to a Site is an Affiliate of the Manager, the Manager shall perform all Services in respect of such Site in the same manner as if such Tenant were not an Affiliate and (iv) in all cases the Manager shall perform its duties and obligations hereunder in accordance with the Operation Standards notwithstanding any potential conflicts of interest that may arise, including any relationship that the Manager may have with any Tenant or any other owners of telecommunication sites that it manages.
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Other Management Agreements. (a) Manager agrees that during the initial twenty-four (24) months of the term of this Agreement, Manager will not, directly or indirectly, enter into a management agreement to provide substantially similar management services to those provided under this Agreement to any other otolaryngology practice (hereinafter an "Other ENT Group") located in a restricted geographical area ("Restricted Area") as set forth on Exhibit 3.20 hereto, unless Manager shall have first offered Practice the opportunity to merge with or acquire such Other ENT Group and Practice shall not have notified Manager within thirty (30) days after receipt of such written offer that Practice desires to merge with or acquire such Other ENT Group; provided, however, that Manager shall not be required to provide any right of first offer to Practice if there shall have occurred and be continuing an event which, with the giving of notice or lapse of time, or both, would constitute a "Practice Event of Default" hereunder, unless such event shall be cured within 15 days following written notice from Manager to Practice; and provided, further, that Practice agrees that in the event it desires to accept any such first offer, Practice and the Physician Partners will afford the individual physician shareholders or partners in the Other ENT Group the same economic and voting rights in Practice as are enjoyed by the Physician Partners. In the event Practice notifies Manager within the aforesaid 30-day period that it desires to merge with or acquire such Other ENT Group but subsequently notifies Manager that it no longer wishes to proceed with such transaction, then Manager shall be entitled to pursue such transaction. Any written offer provided to Practice under this Section 3.20 shall include sufficient financial and other information concerning such Other ENT Group as Practice may reasonably request in order to make an informed judgment.
Other Management Agreements. The Owners hereby acknowledge and agree that the Manager may become a party to Other Management Agreements and, as a result, the Manager may engage in business activities that are in competition with the business of the Owners in respect of the Sites. Nothing in this Agreement shall in any way preclude the Manager or its Affiliates, subsidiaries, officers, employees and agents from engaging in any business activity (including the operation, maintenance, leasing and/or marketing of telecommunications sites for itself or for others), even if, by doing so, such activities could be construed to be in competition with the business activities of the Owners; provided that (i) if the Tenant with respect to a Site is an Affiliate of the Manager, the Manager shall perform all Services in respect of such Site in the same manner as if such Tenant were not an Affiliate and (ii) in all cases the Manager shall perform its duties and obligations hereunder in accordance with the Operation Standards notwithstanding any potential conflicts of interest that may arise, including any relationship that the Manager may have with any Tenant or any other owners of telecommunication sites that it manages.
Other Management Agreements. If any MSLS Operating Agreement should terminate with respect to a Property, Tenant shall not, without Landlord's prior written consent (which consent shall not be unreasonably withheld, delayed or conditioned), enter into, amend or modify the provisions of any other Management Agreement with respect to such Property. Any Management Agreement entered into pursuant to the provisions of this Section 5.5 shall be subordinate to this Agreement and shall provide, inter alia, that all amounts due from Tenant to Manager thereunder shall be subordinate to all amounts due from Tenant to Landlord (provided that, as long as no Event of Default has occurred and is continuing, Tenant may pay all amounts due to Manager thereunder pursuant to such Management Agreement) and for termination thereof, at Landlord's option, upon the termination of this Agreement. Tenant shall not take any action, grant any consent or permit any action under any such Management Agreement which might have a material adverse effect on Landlord, without the prior written consent of Landlord, which consent shall not be unreasonably withheld, delayed or conditioned.
Other Management Agreements. 34 ARTICLE 6
Other Management Agreements. Manager agrees that during the initial sixty (60) months of the term of this Agreement (i.e., until the fifth anniversary of the date of this Agreement), Manager (or its affiliates) will not enter into a management services agreement providing substantially similar services to those provided under this Agreement with any other ear, nose and throat (ENT) medical practice ("Other Practice") that is located within a ten (10) mile radius of any of the Medical Offices, unless Manager shall first (i) provide written notice thereof to Practice, and (ii) allow Practice fifteen (15) days to accept in writing the first right of refusal to merge the Other Practice into Practice and an additional thirty (30) days following such acceptance to consummate such merger.
Other Management Agreements. Collectively, all of those certain other management agreements with respect to the other Hotel Properties with the Manager, as the same may be amended from time to time (subject to obtaining Lender's consent to any such amendment), or any extension, renewal or replacement thereof entered into in accordance with the provisions of Section 8 of the Loan Agreement.
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Other Management Agreements. The Owners hereby acknowledge and agree that the Manager may become a party to Other Management Agreements. Subject to the terms of the Transaction Documents, nothing in this Agreement shall in any way preclude the Manager or its Affiliates, subsidiaries, officers, employees and agents from engaging in any business activity; provided that in all cases the Manager shall perform its duties and obligations hereunder and the Obligors duties under the Transaction Documents in accordance with the Operation Standards; provided further, that the Manager shall not cause the Fund Manager, any general partner of a Managed Fund, or any other affiliate of the Managed Fund to violate any provisions of any Managed Fund LP Agreement or Investment Advisory Agreement.
Other Management Agreements. AMR and the Owner may agree to apply certain of the terms and conditions of this Agreement in other management agreements or other instruments in order to comply with the provisions of the applicable laws of any jurisdiction in which services are to be performed hereunder, or in order to properly reflect the application of payments and/or the performance of obligations hereunder in such jurisdictions; on the understanding that such agreements or instruments must be consistent with this Agreement and, in the event of any conflict or ambiguity between this Agreement and any other documents, the terms of this Agreement shall prevail.

Related to Other Management Agreements

  • The Management Agreement Borrower shall use commercially reasonable efforts to cause Manager to manage the Property in accordance with the Management Agreement. Borrower shall (a) diligently perform and observe all of the material terms, covenants and conditions of the Management Agreement on the part of Borrower to be performed and observed, (b) promptly notify Agent of any notice to Borrower or Manager of any default by Borrower in the performance or observance of any material terms, covenants or conditions of the Management Agreement on the part of Borrower to be performed and observed, and (c) promptly deliver to Agent a copy of all material notices received by it (including, without limitation, any notices relating to the Ground Lease, the Reciprocal Easement and any Joint Manager (as defined in the Reciprocal Easement Agreement) and, upon request by Agent, any other financial statement, business plan, capital expenditures plan, report and estimate received by it under the Management Agreement (but excluding any immaterial general correspondence and internal discussion drafts of any such plans, reports or estimates); and (iv) promptly enforce the performance and observance of all of the material covenants required to be performed and observed by Manager under the Management Agreement. If Borrower shall default in the performance or observance of any material term, covenant or condition of the Management Agreement on the part of Borrower to be performed or observed, then, without limiting Agent’s other rights or remedies under this Agreement or the other Loan Documents, and without waiving or releasing Borrower from any of its obligations hereunder or under the Management Agreement, Agent shall have the right, but shall be under no obligation, to pay any sums and to perform any act as may be appropriate to cause all the material terms, covenants and conditions of the Management Agreement on the part of Borrower to be performed or observed.

  • Property Management Agreement The Property Management Agreement is in full force and effect and, to Borrower's Knowledge, there are no defaults thereunder by any party thereto and no event has occurred that, with the passage of time and/or the giving of notice would constitute a default thereunder.

  • Management Agreements Other than as contemplated by this Agreement, as of the date hereof, there are no contracts, undertakings, commitments, agreements or obligations or understandings between Parent or Merger Subsidiary, on the one hand, and any member of the Company’s management or the Company’s Board of Directors, on the other hand, relating in any way to the transactions contemplated by this Agreement or the operations of the Company after the Effective Time.

  • INVESTMENT MANAGEMENT AGREEMENT Separate written agreements entered into (i) by the Manager and the Master Fund and (ii) by the Manager and the Company, pursuant to which the Manager provides investment management services to the Master Fund.

  • Independent Agreements The covenants set forth in Section 9.3 above shall be construed as an agreement independent of any other provision contained in this Agreement, and the existence of any claim or cause of action, whether predicated upon this Agreement or otherwise, against the Company or any of its Affiliates shall not constitute a defense to the enforcement by the Company or any of its Affiliates of any of such covenants. The Executive acknowledges that the Company has fully performed all obligations entitling it to the benefit of the covenants set forth in Section 9.3 above, and that such covenants, therefore, are not executory or otherwise subject to rejection under the Bankruptcy Code of 1978.

  • Acquisition Agreements If the Equipment is subject to any Acquisition Agreement, Lessee, as part of this lease, transfers and assigns to Lessor all of its rights, but none of its obligations (except for Lessee's obligation to pay for the Equipment conditioned upon Lessee's acceptance in accordance with Paragraph 6), in and to the Acquisition Agreement, including but not limited to the right to take title to the Equipment. Lessee shall indemnify and hold Lessor harmless in accordance with Paragraph 19 from any liability resulting from any Acquisition Agreement as well as liabilities resulting from any Acquisition Agreement Lessor is required to enter into on behalf of Lessee or with Lessee for purposes of this lease.

  • Existing Management and Franchise Agreements Seller has furnished to Buyer true and complete copies of the Existing Management Agreement and the Existing Franchise Agreement, which constitutes the entire agreement of the parties thereto with respect to the subject matter thereof and which have not been amended or supplemented in any respect. There are no other management agreements, franchise agreements, license agreements or similar agreements for the operation or management of the Hotel or relating to the Brand, to which Seller is a party or which are binding upon the Property, except for the Existing Management Agreement and the Existing Franchise Agreement. The Improvements comply with, and the Hotel is being operated in accordance with, all requirements of such Existing Management Agreement and the Existing Franchise Agreement and all other requirements of the Existing Manager and the Franchisor, including all “brand standard” requirements of the Existing Manager and the Franchisor. The Existing Management Agreement and the Existing Franchise Agreement are in full force and effect, and shall remain in full force and effect until the termination of the Existing Management Agreement and the Existing Franchise Agreement at Closing, as provided in Article V hereof. No default has occurred and is continuing under the Existing Management Agreement or the Existing Franchise Agreement, and no circumstances exist which, with the giving of notice, the lapse of time or both, would constitute such a default.

  • Management Agreement The Management Agreement is in full force and effect and there is no default thereunder by any party thereto and no event has occurred that, with the passage of time and/or the giving of notice would constitute a default thereunder.

  • Management Arrangements As of the date hereof, other than the Support Agreement and except as previously disclosed to the Company, none of Parent or Merger Sub, or their respective executive officers, directors or affiliates, has entered into any agreement, arrangement or understanding with any of the executive officers, directors or Affiliates of the Company that is currently in effect or would become effective in the future (upon the consummation of the Merger or otherwise) and that would be required to be disclosed under Item 1005(d) of Regulation M-A under the Exchange Act.

  • Consulting Agreements The Corporation has entered into consulting agreements with the following parties: Party Effective Date

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