Common use of Property Manager Clause in Contracts

Property Manager. New Borrower shall be permitted to select the property manager and leasing agent, if any, and any replacement property manager or leasing agent subject to the reasonable approval of Agent. Any property management agreement or leasing commission agreement shall be subject to the prior approval of Agent. It is contemplated that these will be affiliates of New Borrower.

Appears in 4 contracts

Samples: Lock Up and Plan Support Agreement, Lock Up and Plan Support Agreement (FX Real Estate & Entertainment Inc.), Lock Up and Plan Support Agreement (FX Real Estate & Entertainment Inc.)

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Property Manager. New Borrower shall be permitted to select the property manager and leasing agent, if any, and any replacement property manager or leasing agent subject to the reasonable approval of Agent. Any property management agreement or leasing commission agreement shall be subject to the prior approval of AgentAgent and shall, in the event that the property manager is an affiliate of New Borrower, contain the terms and conditions set forth on Exhibit A attached hereto and made a part hereof. It is contemplated that these will be affiliates of New Borrower.

Appears in 1 contract

Samples: Lock Up and Plan Support Agreement (FX Real Estate & Entertainment Inc.)

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