Sales and Marketing Agreement/Management Agreement Sample Clauses

Sales and Marketing Agreement/Management Agreement. If at any time during the existence of an Event of Default Property Manager, the Management Agreement, Sales Agent or the Sales Agreement is not satisfactory to Lender, Borrower shall have up to sixty (60) days after written notice to Borrower of Lender’s disapproval, to obtain (or to cause the Condominium Board of Managers to obtain) a replacement thereto reasonably approved by and reasonably satisfactory to Lender; provided, that such obligation with respect to Property Manager and/or the Management Agreement shall only apply to the extent that Borrower has the right to appoint or elect a majority of the members of the Condominium Board of Managers or otherwise control the Condominium Board of Managers.
AutoNDA by SimpleDocs
Sales and Marketing Agreement/Management Agreement. Borrower shall not enter into any management agreement, leasing commission agreement, brokerage agreement or other similar agreement without Lender’s prior written approval in each case, which approval shall not be unreasonably withheld, conditioned or delayed. Prior to the completion of the first Subdivided Residential Unit, Borrower shall enter into (i) a sales and marketing agreement, which sales and marketing agreement must be reasonably satisfactory to Lender, and (ii) a management agreement with a third-party manager, which management agreement must be reasonably satisfactory to Lender. Lender approves the Sales Agreement and the Sales Agent. Any management agreement, leasing commission agreement, brokerage agreement or other similar agreement shall be collaterally assigned to Lender and shall be subordinate to the Mortgage and in substantially the forms, as applicable, attached hereto as Exhibits P and Q. If at any time during the existence of an Event of Default the management company, management agreement or leasing commissions agreement is not satisfactory to Lender, Borrower shall have up to sixty (60) days after written notice to Borrower of Lender’s disapproval, to obtain a management company, management agreement and/or leasing commissions agreement approved by and satisfactory to Lender.
Sales and Marketing Agreement/Management Agreement. Borrower shall not cause or permit Mortgage Borrower to enter into any management agreement, leasing commission agreement, brokerage agreement or other similar agreement without Administrative Agent’s prior written approval in each case, which approval shall not be unreasonably withheld, conditioned or delayed. Prior to the completion of the first Subdivided Residential Unit, Borrower shall cause Mortgage Borrower to enter into (i) a sales and marketing agreement, which sales and marketing agreement must be reasonably satisfactory to Administrative Agent, and (ii) a management agreement with a third-party manager, which management agreement must be reasonably satisfactory to Administrative Agent. Administrative Agent approves the Sales Agreement and the Sales Agent. Any management agreement, leasing commission agreement, brokerage agreement or other similar agreement shall be subordinated to the Loan in substantially the forms, as applicable, as the Subordination of Exclusive Sale Agreement delivered on the Closing Date or the form of subordination of management agreement attached hereto as Exhibit F. If at any time during the existence of an Event of Default the management company, management agreement or leasing commissions agreement is not satisfactory to Administrative Agent, Borrower shall have up to sixty (60) days after written notice to Borrower of Administrative Agent’s disapproval, to cause Mortgage Borrower to obtain a management company, management agreement and/or leasing commissions agreement approved by and satisfactory to Administrative Agent.
Sales and Marketing Agreement/Management Agreement. If at any time during the existence of an Event of Default Property Manager, the Management Agreement, Sales Agent or the Sales Agreement is not satisfactory to Lender, Borrower shall have up to sixty

Related to Sales and Marketing Agreement/Management Agreement

  • Services Agreement “Services Agreement” shall mean any present or future agreements, either written or oral, between Covered Entity and Business Associate under which Business Associate provides services to Covered Entity which involve the use or disclosure of Protected Health Information. The Services Agreement is amended by and incorporates the terms of this BA Agreement.

  • Development Agreement As soon as reasonably practicable following the ISO’s selection of a transmission Short-Term Reliability Process Solution, the ISO shall tender to the Developer that proposed the selected transmission Short-Term Reliability Process Solution a draft Development Agreement, with draft appendices completed by the ISO to the extent practicable, for review and completion by the Developer. The draft Development Agreement shall be in the form of the ISO’s Commission-approved Development Agreement for its Reliability Planning Process, which is in Appendix C in Section 31.7 of Attachment Y of the ISO OATT, as amended by the ISO to reflect the Short-Term Reliability Process. The ISO and the Developer shall finalize the Development Agreement and appendices as soon as reasonably practicable after the ISO’s tendering of the draft Development Agreement. For purposes of finalizing the Development Agreement, the ISO and Developer shall develop the description and dates for the milestones necessary to develop and construct the selected project by the required in-service date identified in the STAR or Generator Deactivation Assessment, including the milestones for obtaining all necessary authorizations. Any milestone that requires action by a Connecting Transmission Owner or Affected System Operator identified pursuant to Attachment P of the ISO OATT to complete must be included as an Advisory Milestone, as that term is defined in the Development Agreement. If the ISO or the Developer determines that negotiations are at an impasse, the ISO may file the Development Agreement in unexecuted form with the Commission on its own, or following the Developer’s request in writing that the agreement be filed unexecuted. If the Development Agreement is executed by both parties, the ISO shall file the agreement with the Commission for its acceptance within ten (10) Business Days after the execution of the Development Agreement by both parties. If the Developer requests that the Development Agreement be filed unexecuted, the ISO shall file the agreement at the Commission within ten (10) Business Days of receipt of the request from the Developer. The ISO will draft, to the extent practicable, the portions of the Development Agreement and appendices that are in dispute and will provide an explanation to the Commission of any matters as to which the parties disagree. The Developer will provide in a separate filing any comments that it has on the unexecuted agreement, including any alternative positions it may have with respect to the disputed provisions. Upon the ISO’s and the Developer’s execution of the Development Agreement or the ISO’s filing of an unexecuted Development Agreement with the Commission, the ISO and the Developer shall perform their respective obligations in accordance with the terms of the Development Agreement that are not in dispute, subject to modification by the Commission. The Connecting Transmission Owner(s) and Affected System Operator(s) that are identified in Attachment P of the ISO OATT in connection with the selected transmission Short-Term Reliability Process Solution shall act in good faith in timely performing their obligations that are required for the Developer to satisfy its obligations under the Development Agreement.

  • Master Services Agreement This Agreement is a master agreement governing the relationship between the Parties solely with regard to State Street’s provision of Services to each BTC Recipient under the applicable Service Modules.

Time is Money Join Law Insider Premium to draft better contracts faster.