Reasonable Cause. For purposes of this Agreement, “Reasonable Cause” is hereby defined as Agent’s failure to reasonably perform its duties and obligations in accordance with the terms and provisions of this Agreement, after Agent has actual notice that it has failed to reasonably perform any of said duties and obligations, or in the event Agent is adjudicated bankrupt or insolvent.
Appears in 4 contracts
Samples: Center Management and Leasing Agreement (AmREIT Monthly Income & Growth Fund III LTD), Center Management and Leasing Agreement (AmREIT Monthly Income & Growth Fund III LTD), Management and Leasing Agreement (AmREIT Monthly Income & Growth Fund III LTD)