Common use of Sub-Management Arrangements; Authorizations Clause in Contracts

Sub-Management Arrangements; Authorizations. (i) With respect to each Sub-Management Arrangement and unless the Control Party elects to terminate such Sub-Management Arrangement in accordance with Section 2.12 hereof, the Manager will: (A) assign to the Successor Manager or its designated alternate service provider all of the Manager’s rights under such Sub-Management Arrangement to which it is party used by the Manager in performance of the transitioned Services; and (B) procure any third party authorizations necessary to grant the Successor Manager or its designated alternate service provider the use and benefit of such Sub-Management Arrangement to which it is party used by the Manager in performing the transitioned Services, pending their assignment to the Successor Manager under this Agreement. (ii) If the Control Party elects to terminate such Sub-Management Arrangement in accordance with Section 2.12 hereof, the Manager will take all reasonable actions necessary or reasonably requested by the Control Party to accomplish a complete transition of the Services performed by a Sub-manager under the applicable Sub-Management Arrangement to the Successor Manager, or to any alternate service provider designated by the Control Party, without interruption or adverse impact on the provision of Services.

Appears in 2 contracts

Samples: Management Agreement, Management Agreement (Dominos Pizza Inc)

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Sub-Management Arrangements; Authorizations. (i) With respect to each any Sub-Management Arrangement and Arrangement, unless the Control Party elects to terminate such Sub-Management Arrangement in accordance with Section 2.12 hereof, the Manager will: (A) assign to the Successor Manager or its designated alternate service provider all of the Manager’s rights under such Sub-Management Arrangement to which it is party used by the Manager in performance of the transitioned Services; and (B) procure any third party authorizations necessary to grant the Successor Manager or its designated alternate service provider the use and benefit of such Sub-Management Arrangement to which it is party used by the Manager in performing the transitioned Services, pending their assignment to the Successor Manager under this Agreement. (ii) If the Control Party elects to terminate such Sub-Management Arrangement in accordance with Section 2.12 hereof, the Manager will take all reasonable actions necessary or reasonably requested by the Control Party to accomplish a complete transition of the Services performed by a such Sub-manager under the applicable Sub-Management Arrangement Manager to the Successor Manager, or to any alternate service provider designated by the Control Party, without interruption or adverse impact on the provision of Services.

Appears in 1 contract

Samples: Management Agreement (Planet Fitness, Inc.)

Sub-Management Arrangements; Authorizations. (i) With respect to each Sub-Management Arrangement and unless the Control Party elects to terminate such Sub-Management Arrangement in accordance with Section SECTION 2.12 hereof, the Manager will: (A) assign to the Successor Manager or its designated alternate service provider all of the Manager’s rights under such Sub-Management Arrangement to which it is party used by the Manager in performance of the transitioned Services; and (B) procure any third party authorizations necessary to grant the Successor Manager or its designated alternate service provider the use and benefit of such Sub-Management Arrangement to which it is party used by the Manager in performing the transitioned Services, pending their assignment to the Successor Manager under this Agreement. (ii) If the Control Party elects to terminate such Sub-Management Arrangement in accordance with Section SECTION 2.12 hereof, the Manager will take all reasonable actions necessary or reasonably requested by the Control Party to accomplish a complete transition of the Services performed by a such Sub-manager under the applicable Sub-Management Arrangement Manager to the Successor Manager, or to any alternate service provider designated by the Control Party, without interruption or adverse impact on the provision of Services.

Appears in 1 contract

Samples: Management Agreement (Dunkin' Brands Group, Inc.)

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Sub-Management Arrangements; Authorizations. (i) With respect to each any Sub-Management Arrangement and Arrangement, unless the Control Party elects to terminate such Sub-Management Arrangement in accordance with Section SECTION 2.12 hereof, the Manager will: : (A) assign to the Successor Manager or its designated alternate service provider all of the Manager’s rights under such Sub-Management Arrangement to which it is party used by the Manager in performance of the transitioned Services; and and (B) procure any third party authorizations necessary to grant the Successor Manager or its designated alternate service provider the use and benefit of such Sub-Management Arrangement to which it is party used by the Manager in performing the transitioned Services, pending their assignment to the Successor Manager under this Agreement. (ii) If the Control Party elects to terminate such Sub-Management Arrangement in accordance with Section SECTION 2.12 hereof, the Manager will take all reasonable actions necessary or reasonably requested by the Control Party to accomplish a complete transition of the Services performed by a such Sub-manager under the applicable Sub-Management Arrangement Manager to the Successor Manager, or to any alternate service provider designated by the Control Party, without interruption or adverse impact on the provision of Services.

Appears in 1 contract

Samples: Management Agreement (Planet Fitness, Inc.)

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