Common use of Prohibition on Funding/Fee Disputes Clause in Contracts

Prohibition on Funding/Fee Disputes. (a) Republic acknowledges that it and its subsidiaries (including the Operating Partnership) shall be prohibited from providing any funding, payments, credit, equity investments or any other financial assistance to Owner, and that Republic shall undertake all commercially reasonable efforts to promptly collect all monies due pursuant to the terms hereof.

Appears in 4 contracts

Samples: Management Services Rights Contribution Agreement (Republic Property Trust), Development Services Rights and Management Services Rights Contribution Agreement (Republic Property Trust), Development Services Rights and Management Services Rights Contribution Agreement (Republic Property Trust)

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Prohibition on Funding/Fee Disputes. (a) Republic acknowledges that it and its subsidiaries affiliates (including the Operating Partnership) shall be prohibited from providing any funding, payments, credit, equity investments or any other financial assistance to OwnerOwner or its affiliates, and that Republic shall undertake all commercially reasonable efforts to promptly collect all monies due pursuant to the terms hereof.

Appears in 1 contract

Samples: Development Services Rights and Management Services Rights Contribution Agreement (Republic Property Trust)

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Prohibition on Funding/Fee Disputes. (a) Republic acknowledges that it and its subsidiaries (including the Operating Partnership) shall be prohibited from providing any funding, payments, credit, equity investments or any other financial assistance to OwnerPDA, and that Republic shall undertake all commercially reasonable efforts to promptly collect all monies due pursuant to the terms hereof.

Appears in 1 contract

Samples: Services Agreement (Republic Property Trust)

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