Termination of Existing Management Agreement. Buyer shall have received evidence from Seller, satisfactory to Buyer in its sole discretion, that any existing management agreement between the Existing Manager and the Seller has been terminated without fee or cost to Buyer.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Cornerstone Healthcare Plus Reit, Inc.), Purchase and Sale Agreement (Cornerstone Growth & Income REIT, Inc.)
Termination of Existing Management Agreement. Buyer shall have received evidence from Seller, satisfactory to Buyer in its sole discretion, that any existing the management agreement between the Seller and Existing Manager and the Seller has been terminated without fee or cost to Buyer.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Sentio Healthcare Properties Inc)
Termination of Existing Management Agreement. Buyer shall have received from Seller evidence from Seller, reasonably satisfactory to Buyer in its sole discretion, that any existing management agreement between the Existing Manager and the Seller has been terminated without fee or cost to Buyer.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Sentio Healthcare Properties Inc)
Termination of Existing Management Agreement. Buyer shall have received evidence from Seller, satisfactory to Buyer in its sole discretion, that any existing management agreement between the Existing Manager and the Seller has been terminated without fee or cost to Buyer.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Cornerstone Growth & Income REIT, Inc.)
