Termination by Property Manager. This Agreement may be terminated by Property Manager, without cause, upon sixty (60) days' written notice to Owner. This Agreement may be terminated by Property Manager for cause if Owner commits any material default in the performance of any of its obligations under this Agreement, including, without limitation, its obligation to pay to Property Manager any fees due and payable under Section 3.01 above, and such default shall continue for a period of thirty (30) days after notice thereof by Property Manager to Owner for non-monetary default or ten (10) days after notice for monetary default.
Appears in 7 contracts
Samples: Property Management Agreement (KBS Legacy Partners Apartment REIT, Inc.), Property Management Agreement (KBS Legacy Partners Apartment REIT, Inc.), Management Agreement (KBS Legacy Partners Apartment REIT, Inc.)
Termination by Property Manager. This Agreement may be terminated by Property Manager, without cause, upon sixty ninety (6090) days' ’ written notice to Owner. This Agreement may be terminated by Property Manager for cause if Owner commits any material default in the performance of any of its obligations under this Agreement, including, without limitation, its obligation to pay to Property Manager any fees due and payable under Section 3.01 above, and such default shall continue for a period of thirty (30) days after notice thereof by Property Manager to Owner for non-monetary default or ten (10) days after notice for monetary defaultOwner.
Appears in 4 contracts
Samples: Management Agreement, Management Agreement, Property Management Agreement (KBS Legacy Partners Apartment REIT, Inc.)
Termination by Property Manager. This Agreement may be terminated by Property Manager, without cause, upon sixty ninety (6090) days' written notice to Owner. This Agreement may be terminated by Property Manager for cause if Owner commits any material default in the performance of any of its obligations under this Agreement, including, without limitation, its obligation to pay to Property Manager any fees due and payable under Section 3.01 above, and such default shall continue for a period of thirty (30) days after notice thereof by Property Manager to Owner for non-monetary default or ten (10) days after notice for monetary defaultOwner.
Appears in 4 contracts
Samples: Property Management Agreement (KBS Legacy Partners Apartment REIT, Inc.), Property Management Agreement (KBS Legacy Partners Apartment REIT, Inc.), Property Management Agreement (KBS Legacy Partners Apartment REIT, Inc.)
Termination by Property Manager. This Agreement may be terminated by Property Manager, without cause, upon sixty (60) days' ’ written notice to Owner. This Agreement may be terminated by Property Manager for cause if Owner commits any material default in the performance of any of its obligations under this Agreement, including, without limitation, its obligation to pay to Property Manager any fees due and payable under Section 3.01 above, and such default shall continue for a period of thirty (30) days after notice thereof by Property Manager to Owner for non-monetary default or ten (10) days after notice for monetary default.
Appears in 3 contracts
Samples: Property Management Agreement (KBS Legacy Partners Apartment REIT, Inc.), Property Management Agreement (KBS Legacy Partners Apartment REIT, Inc.), Property Management Agreement (KBS Legacy Partners Apartment REIT, Inc.)
Termination by Property Manager. This Agreement may be terminated by Property Manager, without cause, upon sixty thirty (6030) days' ’ written notice to Owner. This Agreement may be terminated by Property Manager for cause if Owner commits any material default in the performance of any of its obligations under this Agreement, including, without limitation, its obligation to pay to Property Manager any fees due and payable under Section 3.01 above, and such default shall continue for a period of thirty (30) days after notice thereof by Property Manager to Owner for non-monetary default or ten (10) days after notice for monetary defaultOwner.
Appears in 2 contracts
Samples: Property Management Agreement (KBS Legacy Partners Apartment REIT, Inc.), Property Management Agreement (KBS Legacy Partners Apartment REIT, Inc.)
Termination by Property Manager. This Property Manager shall have the right to terminate this Agreement may be terminated by Property Managerat any time, without causefor any reason, upon sixty (60) days' days prior written notice to OwnerCompany. This Agreement may be terminated by Property Manager for cause if Owner commits any material shall have the right to terminate this Agreement upon thirty (30) days notice to Company in the event Company is in default in the performance of any of its obligations under this Agreementhereunder, including, without limitation, its obligation to pay to Property Manager any fees due and payable under Section 3.01 above, and provided that such default shall continue remains uncured for a period of thirty (30) days after following Property Manager’s giving of written notice thereof by Property Manager of such default to Owner for non-monetary default or ten (10) days after notice for monetary defaultCompany.
Appears in 1 contract
Samples: Management Agreement (Grubb & Ellis Healthcare REIT, Inc.)