Examples of Asset Management Agreements in a sentence
Without limiting any other provision of this Agreement, this Agreement shall terminate upon the termination or earlier expiration of all of the NSA Asset Management Agreements.
Subject to the restrictions and requirements set out in Clauses 8 and 9, and the requirement for prior approval for any Reserved Matter, unless otherwise approved by the Board, the parties agree and acknowledge that the Asset Manager shall be responsible for decisions in relation to the operation and day-to-day matters relating to the Company and the Approved Projects owned by the Group, subject to compliance by the Asset Manager of its obligations and duties under the Asset Management Agreements.
The Asset Management Agreements each have terms of two years with an automatic one year renewal, unless earlier terminated by either party in accordance with the terms thereof.
The Operating Partnership (or its designee) may thereafter enter into a new Facilities Portfolio Management Agreement and related NSA Asset Management Agreements with any other Person.
As one or more of the applicable percentage ratios calculated in accordance with the Listing Rules in respect of the Asset Management Agreements are, in aggregate, more than 5% but less than 25%, the Asset Management Agreements and the transactions contemplated thereunder constitute discloseable transactions of the Company and are subject to the reporting and announcement requirements, but are exempt from the shareholders’ approval requirement under Chapter 14 of the Listing Rules.