Property Disposition Services. (a) Genesis shall locate purchasers of the Company properties pursuant to the disposition criteria established by the Company; negotiate with the purchaser the proposed sale terms; engage legal counsel; oversee preparation of sale documentation and monitor the closing of the transaction. In performing all of the foregoing activities, Genesis shall be subject to the direction of the Company and the Company and the Company shall have final approval of all final actions and agreements.
Appears in 3 contracts
Samples: Omnibus Services Agreement (Gen-Net Lease Income Trust Inc), Omnibus Services Agreement (Gen-Net Lease Income Trust Inc), Omnibus Services Agreement (Gen-Net Lease Income Trust Inc)
Property Disposition Services. (a) Genesis shall shall, on a non-exclusive basis as an agent for the Company, locate purchasers of the Company properties pursuant to the disposition criteria established by the Company; negotiate assist the Company in negotiating with the purchaser the proposed sale terms; engage legal counsel; oversee preparation of sale documentation and monitor the closing of the transaction. In performing all of the foregoing activities, Genesis shall be subject to the direction of the Company and the Company and the Company shall have final approval of all final actions and agreements.
Appears in 1 contract
Samples: Omnibus Services Agreement (Government Properties Trust Inc)
Property Disposition Services. (a) Genesis shall locate purchasers of the Company properties pursuant to the disposition criteria established by the Company; negotiate with the purchaser the proposed sale terms; engage legal counsel; oversee preparation of sale documentation and monitor the closing of the transaction. In performing all of the foregoing activities, Genesis shall be subject to the direction of the Company and the Company and the Company shall have final approval of all final actions and agreements.
Appears in 1 contract
Samples: Omnibus Services Agreement (Gen-Net Lease Income Trust Inc)