Common use of Subordination of Management Agreement Clause in Contracts

Subordination of Management Agreement. An agreement pursuant to which a manager of a Borrowing Base Asset subordinates its rights under a Management Agreement to the Loan Documents, such agreement to be in the form and substance satisfactory to Agent.

Subordination of Management Agreement. An agreement pursuant to which a manager of a Borrowing Base Asset Mortgaged Property subordinates its rights under a Management Agreement to the Loan Documents, such agreement to be in the form and substance satisfactory to Agentof as the initial Subordination of Management Agreement delivered by the Borrower or a Subsidiary Guarantor on the Closing Date, with such changes thereto as Agent may reasonably require as a result of state law or practice or type of asset.

Subordination of Management Agreement. An agreement pursuant to which a manager Property Manager of a Mortgaged Property which is a Borrowing Base Asset subordinates its rights (except, with respect to a manager that is not an Affiliate of REIT or Advisor, as to its right to payments of fees and reimbursement of expenses) under a Management Agreement to the Loan Documents, such agreement to be in the form and substance reasonably satisfactory to Agent.

Subordination of Management Agreement. An agreement pursuant to which a manager of a Borrowing Base Asset Credit Support Property subordinates its rights under a Management Agreement to the Loan Documents, such agreement to be in the form and substance reasonably satisfactory to Agent.

Subordination of Management Agreement. An agreement pursuant to which a manager of a Borrowing Base Asset Mortgaged Property subordinates its rights under a Management Agreement to the Loan Documents, such agreement to be in the form of Exhibit N attached hereto and substance satisfactory to Agentmade a part hereof, with such changes thereto as Agent may approve.

Subordination of Management Agreement. An agreement pursuant to which a manager of a Borrowing Base Asset subordinates its rights under a Management Agreement to the Loan Documents, such agreement Agreement to be substantially in the form and substance satisfactory to Agentof Exhibit N hereto, with such changes thereto as the Agent may reasonably require as a result of state law or practice or type of asset.

Subordination of Management Agreement. An agreement pursuant to which a manager of a Borrowing Base Asset any Mortgaged Property subordinates its rights under a Management Agreement to the Loan Documents, as the same may be modified, amended, restated or ratified, such agreement to be in the form and substance satisfactory to Agent.

Subordination of Management Agreement. An agreement pursuant to which a manager of a Borrowing Base Asset subordinates its rights under a Management Agreement to the Loan Documents, such agreement Agreement to be substantially in the form and substance satisfactory to Agentof Exhibit N hereto, with such changes thereto as the Agent may approve, which approval shall not be unreasonably withheld, conditioned or delayed.

Subordination of Management Agreement. An agreement pursuant to which a manager of a Borrowing Base Asset any Mortgaged Property subordinates its rights under a Management Agreement to the Loan Documents, such agreement to be in the form and substance satisfactory to Agent.

Subordination of Management Agreement. An agreement pursuant to which a manager of a Borrowing Base Asset Property subordinates its rights under a Management Agreement to the Loan DocumentsDocuments and assigns to Agent any interest of Manager in and to any Licenses, including without limitation, any Primary Licenses, such agreement to be in the form and substance satisfactory to Agent.