Common use of QV Property Management Agreement Clause in Contracts

QV Property Management Agreement. Without limiting the generality of clause 4.2, CBA must use reasonable endeavours to procure that DEXUS or its nominee obtains property management rights in relation to the QV Building at 000-000 Xxxxxxxx Xxxxxx Xxxxxxxxx on terms no less favourable than those currently enjoyed by CFSM and for that purpose, CBA will use reasonable endeavours to procure all requisite consents from Victoria Square QV Investments Pty Limited as a joint owner of the property. DEXUS acknowledges that, other than in accordance with clause 4.5, the revenue streams derived from the QV Property Management Agreement will not automatically accrue to DEXUS or a member of the DEXUS Group upon being appointed as responsible entity of CPA, and accordingly DEXUS hereby requests and CBA agrees that it will procure all relevant consents, waivers and releases required from CFSM whether in relation to termination or novation of the QV Property Management Agreement or any other action that may be required of CFSM for the purpose of procuring for DEXUS or its nominee the property management rights referred to above.

QV Property Management Agreement. Without limiting the generality of clause 4.2, CBA must use reasonable endeavours to procure that DEXUS or its nominee obtains property management rights in relation to the QV Building at 000-000 Xxxxxxxx Xxxxxx Xxxxxxxxx on terms no less favourable than those currently enjoyed by CFSM and for that purpose, CBA will use reasonable endeavours to procure all requisite consents from Victoria Square QV Investments Pty Limited as a joint owner of the property. DEXUS XXXXX acknowledges that, other than in accordance with clause 4.5, the revenue streams derived from the QV Property Management Agreement will not automatically accrue to DEXUS or a member of the DEXUS Group upon being appointed as responsible entity of CPA, and accordingly DEXUS hereby requests and CBA agrees that it will procure all relevant consents, waivers and releases required from CFSM whether in relation to termination or novation of the QV Property Management Agreement or any other action that may be required of CFSM for the purpose of procuring for DEXUS or its nominee the property management rights referred to above.