Common use of Terms and Termination Clause in Contracts

Terms and Termination. This Management Agreement shall remain in force until terminated in accordance herewith. At the sole option of the Company, exercisable in the Company's sole and arbitrary discretion, this Management Agreement may be terminated at any time and for any reason immediately upon notice of termination from the Company to the Asset Manager. This Management Agreement shall automatically expire upon the completion of dissolution or winding up of the Company pursuant to Section 9.2 of the Operating Agreement or the removal or resignation of LXP as Manager. This Management Agreement shall also terminate upon any of the following:

Terms and Termination. This Management Agreement shall remain in force until terminated in accordance herewith. At the sole option of the CompanyPartnership, exercisable in the Company's Partnership’s sole and arbitrary discretiondiscretion with or without Cause, this Management Agreement may be terminated at any time and for any reason immediately upon notice of termination from the Company Partnership to the Asset Manager. This Management Agreement shall automatically expire upon the completion of dissolution or winding up of the Company Partnership pursuant to Section 9.2 of the Operating Partnership Agreement or the removal or resignation of LXP GP as ManagerManaging General Partner. This Management Agreement shall also terminate upon any of the following:

Terms and Termination. This Management Agreement shall remain in force until terminated in accordance herewith. At the sole option of the CompanyPartnership, exercisable in the CompanyPartnership's sole and arbitrary discretiondiscretion with or without Cause, this Management Agreement may be terminated at any time and for any reason immediately upon notice of termination from the Company Partnership to the Asset Manager. This Management Agreement shall automatically expire upon the completion of dissolution or winding up of the Company Partnership pursuant to Section 9.2 of the Operating Partnership Agreement or the removal or resignation of LXP GP as ManagerManaging General Partner. This Management Agreement shall also terminate upon any of the following:

Terms and Termination. This Management Agreement shall remain in force until terminated in accordance herewith. At the sole option of the Company, exercisable in the Company's sole and arbitrary discretion, this This Management Agreement may be terminated by the Partnership at any time and for any reason immediately upon written notice of termination from the Company Partnership to the Asset Manager. This Management Agreement shall automatically expire upon (i) the removal of LMLP GP as the General Partner of the Partnership or (ii) the completion of dissolution or winding up of the Company Partnership pursuant to Section 9.2 of the Operating Agreement or the removal or resignation of LXP as ManagerPartnership Agreement. This Management Agreement shall also terminate upon any of the following:

Terms and Termination. This Management Agreement shall remain in force until terminated in accordance herewith. At the sole option of the Company, exercisable in the Company's ’s sole and arbitrary discretiondiscretion with or without Cause, this Management Agreement may be terminated at any time and for any reason immediately upon notice of termination from the Company to the Asset Manager. This Management Agreement shall automatically expire upon the completion of dissolution or winding up of the Company pursuant to Section 9.2 of the Operating Company Agreement or the removal or resignation of LXP as Manager. This Management Agreement shall also terminate upon any of the following: