Common use of Payment of Financial Obligations Clause in Contracts

Payment of Financial Obligations. The payment or provision to the Executive by the Company of any remuneration, benefits or other financial obligations pursuant to this Agreement shall be allocated among the Operating Partnership, the REIT and any subsidiary or affiliate thereof in such manner as such entities determine in order to reflect the services provided by the Executive to such entities; provided, however, that the Operating Partnership and the REIT shall be jointly and severally liable for such obligations.

Appears in 43 contracts

Samples: Employment Agreement (Rexford Industrial Realty, Inc.), Employment Agreement (Rexford Industrial Realty, Inc.), Employment Agreement (Hudson Pacific Properties, L.P.)

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Payment of Financial Obligations. The payment or provision to the Executive by the Company of any remuneration, benefits or other financial obligations pursuant to this Agreement shall be allocated among to the Operating Partnership, the REIT and and, if applicable, any subsidiary or and/or affiliate thereof in such manner as such entities determine in order to reflect the services provided by the Executive accordance with any agreements to such entities; provided, however, that effect by and between the REIT and the Operating Partnership and the REIT shall be jointly and severally liable for such obligationsPartnership, as in effect from time to time.

Appears in 30 contracts

Samples: Change in Control and Severance Agreement (BioMed Realty L P), Change in Control and Severance Agreement (BioMed Realty L P), Change in Control and Severance Agreement (BioMed Realty L P)

Payment of Financial Obligations. The payment or provision to the Executive by the Company of any remuneration, benefits or other financial obligations pursuant to this Agreement shall be allocated among to the Operating Partnership, the REIT and and, if applicable, any subsidiary or and/or affiliate thereof in such manner as such entities determine in order to reflect accordance with the services provided Employee Sharing and Expense Allocation Agreement, by and between the Executive to such entities; providedREIT, however, that the Operating Partnership Partnership, and the REIT shall be jointly and severally liable for such obligationsXxxxxxx Services, Inc., as in effect from time to time.

Appears in 5 contracts

Samples: Employment Agreement (MPG Office Trust, Inc.), Employment Agreement (Maguire Properties Inc), Employment Agreement (Maguire Properties Inc)

Payment of Financial Obligations. The payment or provision to the Executive by the Company of any remuneration, benefits or other financial obligations pursuant to this Agreement shall be allocated among to the Operating Partnership, the REIT and and, if applicable, any subsidiary or and/or affiliate thereof in such manner as such entities determine in order to reflect accordance with the services provided Employee Sharing and Expense Allocation Agreement, by and between the Executive to such entities; providedREIT, however, that the Operating Partnership Partnership, and the REIT shall be jointly and severally liable for such obligationsMPG Office Trust Services, Inc., as in effect from time to time.

Appears in 3 contracts

Samples: Employment Agreement (MPG Office Trust, Inc.), Employment Agreement (MPG Office Trust, Inc.), Employment Agreement (MPG Office Trust, Inc.)

Payment of Financial Obligations. The payment or provision to the Executive by the Company of any remuneration, benefits or other financial obligations pursuant to this Agreement shall be allocated among the Operating PartnershipREIT, the REIT Employer and any subsidiary or affiliate thereof in such manner as such entities determine in order to reflect the services provided by the Executive to such entities; provided, however, that the Operating Partnership and the REIT shall be jointly and severally liable for such obligations.

Appears in 3 contracts

Samples: Employment Agreement (CoreCivic, Inc.), Employment Agreement (Corrections Corp of America), Employment Agreement (Corrections Corp of America)

Payment of Financial Obligations. The payment or provision to the Executive by the Company of any remuneration, benefits or other financial obligations pursuant to this Agreement shall be allocated among the Operating Partnership, the REIT and any subsidiary or affiliate thereof in such manner as such entities determine in order to reflect the services provided by the Executive to such entities; provided, however, that the Operating Partnership and the REIT shall be jointly and severally liable for such obligations.

Appears in 3 contracts

Samples: Employment Agreement (Younan Properties Inc), Employment Agreement (Younan Properties Inc), Employment Agreement (Younan Properties Inc)

Payment of Financial Obligations. The payment or provision to the Executive by the Company of any remuneration, benefits or other financial obligations pursuant to this Agreement shall be allocated among to the Operating Partnership, the REIT and and, if applicable, any subsidiary or and/or affiliate thereof in such manner accordance with the Employee Sharing and Expense Allocation Agreement, by and between the REIT, the Operating Partnership, and Xxxxxxx Services, Inc., as such entities determine in order effect from time to reflect the services provided by the Executive to such entitiestime; provided, however, that the Operating Partnership and the REIT shall be jointly and severally liable for such obligations.

Appears in 2 contracts

Samples: Employment Agreement (Maguire Properties Inc), Employment Agreement (Maguire Properties Inc)

Payment of Financial Obligations. The payment or provision to the Executive by the Company of any remuneration, benefits or other financial obligations pursuant to this Agreement shall be allocated among to the Operating Partnership, the REIT and and, if applicable, any subsidiary or and/or affiliate thereof in such manner as such entities determine in order to reflect accordance with the services provided Employee Sharing and Expense Allocation Agreement, by and between the Executive to such entities; providedREIT, however, that the Operating Partnership Partnership, and the REIT shall be jointly and severally liable for such obligationsMaguire Services, Inc., as in effect from time to time.

Appears in 2 contracts

Samples: Employment Agreement (Maguire Properties Inc), Employment Agreement (Maguire Properties Inc)

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Payment of Financial Obligations. The payment or provision to the Executive by the Company of any remuneration, benefits or other financial obligations pursuant to this Agreement shall be allocated among the Operating Partnership, the REIT and any subsidiary or affiliate thereof in such manner as such entities determine in order to reflect the services provided by the Executive to such entities; provided, however, that the Operating Partnership and the REIT shall be jointly and severally liable for such obligations.. LA\4338757.3

Appears in 1 contract

Samples: Employment Agreement (Hudson Pacific Properties, L.P.)

Payment of Financial Obligations. The payment or provision to the Executive by the Company of any remuneration, benefits or other financial obligations pursuant LA\2082087.4 to this Agreement shall be allocated among the Operating Partnership, the REIT and any subsidiary or affiliate thereof in such manner as such entities determine in order to reflect the services provided by the Executive to such entities; provided, however, that the Operating Partnership and the REIT shall be jointly and severally liable for such obligations.

Appears in 1 contract

Samples: Employment Agreement (Hudson Pacific Properties, L.P.)

Payment of Financial Obligations. The payment or provision to the Executive by the Company of any remuneration, benefits or other financial obligations pursuant to this Agreement shall be allocated among the Operating Partnership, the REIT and any subsidiary or affiliate thereof in such manner as such entities determine in order to reflect the services provided by the Executive to such entities; provided, however, that the Operating Partnership and the REIT shall be jointly and severally liable for such obligations.. LA\2082980.4

Appears in 1 contract

Samples: Employment Agreement (Hudson Pacific Properties, L.P.)

Payment of Financial Obligations. The payment or provision to the Executive by the Company of any remuneration, benefits or other financial obligations pursuant to this Agreement shall be allocated among the Operating Partnership, the REIT and any subsidiary or affiliate thereof in such manner as such entities determine in order to reflect the services provided by the Executive to such entities; provided, however, that the Operating Partnership and the REIT shall be jointly and severally liable for such obligations.. LA\2082089.3

Appears in 1 contract

Samples: Employment Agreement (Hudson Pacific Properties, L.P.)

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