Term of Agreement; Renewal. This Agreement shall be valid for an initial term of two (2) years. In the event Owner sells its interest in the Property, this Agreement will terminate upon the date of such sale. Unless either party by written notice sent to the other party at least sixty (60) days before the end of any two-year term hereof elects not to renew this Agreement, this Agreement shall renew automatically for successive terms of two (2) years on the same terms as contained herein.
Appears in 27 contracts
Samples: Property Management Agreement (Apple Residential Income Trust Inc), Property Management Agreement (Apple Residential Income Trust Inc), Property Management Agreement (Apple Residential Income Trust Inc)
Term of Agreement; Renewal. This Agreement shall be valid for an initial term of two (2) years. In the event Owner sells its interest in the Property, this Agreement will terminate upon the date of such sale. Unless either party by written notice sent to the other party at least sixty (60) days before the end of any two-two year term hereof elects not to renew this Agreement, this Agreement shall renew automatically for successive terms of two (2) years on the same terms as contained herein.
Appears in 1 contract
Samples: Property Management Agreement (Apple Residential Income Trust Inc)
Term of Agreement; Renewal. This Agreement shall be valid for an initial term of two (2) years. In the event Owner sells its interest in the Property, this Agreement will terminate upon on the date of such sale. Unless either party by written notice sent to the other party at least sixty (60) days before the end of any two-year term hereof elects not to renew this Agreement, this Agreement shall renew automatically for successive terms of two (2) years on the same terms as contained herein.
Appears in 1 contract
Samples: Management Agreement (Apple Residential Income Trust Inc)
