Termination of Management Contracts. BNP shall have the unconditional right to manage the Property.
Termination of Management Contracts. All management contracts affecting the Properties shall have been terminated, effective as of the Closing, without liability to the Company.
Termination of Management Contracts. The Borrower will ----------------------------------- promptly notify the Administrative Agent and the Banks of any termination of any one or more management agreements or other contracts taking place during any sixty (60) day period in respect of funds managed by the Borrower that, in the aggregate, account for $20 billion or more of the Borrower's Assets Under Management.
Termination of Management Contracts. As of the Closing Date, Seller shall cause the cancellation of any management contracts affecting the Properties at no cost to Purchaser.
Termination of Management Contracts. The Operating Partnership shall have no obligation to close the transactions contemplated hereby if the Operating Partnership does not have the unconditional right, as of the Closing Date, to manage all of the Properties and such other properties owned or controlled by Contributors as the Operating Partnership and FAC shall require. Any costs associated with terminating any existing contracts shall be at the Contributors' expense.
Termination of Management Contracts. Boddie-Noell shall have no obligation to close the transacxxxxx xxxxxxplated hereby if Boddie-Noell does not have the unconditional right to manage all of xxe Properties as of their respective acquisition date. Any costs associated with terminating any existing contracts shall be at the Contributors' expense.
Termination of Management Contracts. Boddie-Noell shall have no obligation to purchase a Plannex Xxxxxxxx xf Boddie-Noell does not have the unconditional right to manaxx xxxx Xxxxned Properties as of its respective acquisition date. Any costs associated with terminating any management contracts shall be at the Contributors' expense.
Termination of Management Contracts. Sellers will execute, and cause the other party thereto to execute, an agreement terminating, as of the Closing Date, any management contracts applicable to the Centers.
Termination of Management Contracts. Evidence of termination of any management contract and all Operating Contracts not being assumed by Purchaser;
Termination of Management Contracts. The Vendors hereby give their consent without any further consequences on Purchasers' side that after Closing the Purchasers initiate the termination of the Management Hiring Agreements related to Zoltan Jutasi (contract no.: MK-74/2005) and to Xxxxx Xxxxxx (contract no.: MK- 75/2005) with immediate effect.
