Successors and Amendment. 10.1 This Agreement shall inure to the benefit of and be binding upon the Dealer Manager and the Company and the Operating Partnership and their respective successors and permitted assigns and shall inure to the benefit of the Participating Dealers to the extent set forth in Sections 1 and 5 hereof. Nothing in this Agreement is intended or shall be construed to give to any other person any right, remedy or claim, except as otherwise specifically provided herein. 10.2 This Agreement may be amended only by the written agreement of the Dealer Manager, the Company and the Operating Partnership. 10.3 Neither the Company or Operating Partnership, nor the Dealer Manager may assign or transfer any of such party’s rights or obligations under this Agreement without the prior written consent of the Dealer Manager, on the one hand, or the Company and the Operating Partnership, acting together, on the other hand. Notwithstanding the foregoing, by execution of this Agreement, the Company and Operating Partnership, acting together, expressly consent to the Dealer Manager’s assignment of its rights and obligations under this Agreement to IRE Investments, Inc. as described in Section 15 below.
Appears in 6 contracts
Samples: Dealer Manager Agreement (Moody National REIT I, Inc.), Dealer Manager Agreement (Moody National REIT I, Inc.), Dealer Manager Agreement (Moody National REIT I, Inc.)
