Common use of Third Party Management Clause in Contracts

Third Party Management. Hotel Developer may, at Hotel Developer’s option and in Hotel Developer’s sole discretion, engage a third party management company or absolutely assign to another party its agency as manager, to manage and operate the Hotel Deck or any portion thereof, which management arrangement may be accomplished through a management agreement, an operating license, a lease, an assignment and assumption of rights, or another document agreed to by the Hotel Developer and the third party management company; provided that such management agreement, lease, license, assignment and assumption or other document shall be subject and subordinate in all respects to this Agreement and the third party manager shall be subject to the consent of the City, which consent shall not be unreasonably withheld.

Appears in 4 contracts

Samples: Parking Operating Agreement, Stadium License Agreement, Stadium License Agreement

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