Assignment of Property Management Agreement means that certain Assignment of Management Agreement and Subordination of Management Fees dated as of the Closing Date, among Lender, Borrower and Property Manager, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.
Assignment of Property Management Agreement means the agreement by and between the Department and the Development Owner pursuant to which the Development Owner has assigned all of its rights under the property management agreement to the Department as additional security for performance by the Development Owner of all of its obligations under the TCAP Loan Documents.
Assignment of Property Management Agreement means that certain Assignment of Property Management Agreement of even date hereunder from the Borrower to the Bank, as the same may be amended, replaced or supplemented from time to time in writing by the Borrower and the Bank.
Examples of Assignment of Property Management Agreement in a sentence
Assignment of Property Management Agreement by and between SKR Management Corp.
Further, upon, or anytime after, an Event of Default (including any event that would constitute an Event of Default with the giving of notice, passage of time or happening of any further condition, event or act), Lender may at its sole discretion deliver the Property Manager’s Irrevocable Direction of Payment executed by the Property Manager simultaneous with the Assignment of Property Management Agreement and attached thereto as Exhibit “C”.
More Definitions of Assignment of Property Management Agreement
Assignment of Property Management Agreement means, collectively, that certain (i) Assignment of Management Agreement and Subordination of Management Fees (Management Agreement) (Crestline), dated as of February 27, 2015, among ARC Hospitality Portfolio II NTC TRS, LP and ARC Hospitality Portfolio II TRS, LLC to Secured Parties and consented and agreed to by ARC Hospitality Portfolio II Owner, LLC, ARC Hospitality Portfolio II NTC Owner, LP, American Realty Capital Hospitality Properties, and LLC Crestline Hotels & Resorts, LLC, (ii) Assignment of Management Agreement and Subordination of Management Fees (Management Agreement) (Pillar) (Management Agreement), dated as of February 27, 2015, among ARC Hospitality Portfolio II MISC TRS, LP to Secured Parties and consented and agreed to by, ARC Hospitality Portfolio II Owner, LLC, ARC Hospitality Portfolio II NTC Owner, LP American Realty Capital Hospitality Properties and LLC Pillar Hotels and Resorts, L.P., (iii) Assignment of Management Agreement and Subordination of Management Fees (Management Agreement) (MxXxxxxx), dated as of February 27, 2015, among ARC Hospitality Portfolio II NTC TRS, LP and ARC Hospitality Portfolio II MISC TRS, LLC to Secured Parties and consented and agreed to by ARC Hospitality Portfolio II Owner, LLC, ARC Hospitality Portfolio II NTC Owner, LP, American Realty Capital Hospitality Properties, LLC and MxXxxxxx Hotel Management, Inc., (iv) Assignment of Management Agreement and Subordination of Management Fees (Management Agreement) (Hilton), dated as of February 27, 2015, among ARC Hospitality Portfolio II HIL TRS, LP to Secured Parties and consented and agreed to by ARC Hospitality Portfolio II Owner, LLC American Realty Capital Hospitality Properties, LLC and Hampton Inns Management LLC, (v) Assignment of Management Agreement and Subordination of Management Fees (Management Agreement) (Hilton), dated as of February 27, 2015, among ARC Hospitality Portfolio II HIL TRS, LP to Secured Parties and consented and agreed to by ARC Hospitality Portfolio II Owner, LLC American Realty Capital Hospitality Properties, LLC and Homewood Suites Management LLC, (vi) Assignment of Management Agreement and Subordination of Management Fees (Management Agreement) (Courtyard Houston), dated as of February 27, 2015, among ARC Hospitality Portfolio II NTC HIL TRS, LP to Secured Parties and consented and agreed to by ARC Hospitality Portfolio II NTC Owner, LP, American Realty Capital Hospitality Properties, LLC and Crestline Hotels & Resorts, LLC,...
Assignment of Property Management Agreement means that certain Subordination of Property Management Agreement dated the date hereof among Lender, Borrower and Property Manager, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.
Assignment of Property Management Agreement means the Assignment of Property Management Agreement made by the Partnership for the benefit of the Bank.]
Assignment of Property Management Agreement means the Assignment of Property Management Agreement executed by Borrower, and consented thereto and executed by Property Manager, as amended, modified and/or restated from time to time.
Assignment of Property Management Agreement means the Assignment of Property Management Agreement dated as of the date hereof, by and between Borrower and Lender, with the consent of the Property Manager.
Assignment of Property Management Agreement means, with respect to any Collateral Pool Property, the Assignment of Property Management Agreement by the applicable Collateral Pool Loan Party and the applicable Property Manager in favor of the Administrative Agent, for the benefit of the Secured Parties, in form and substance reasonably acceptable to the Administrative Agent, as amended, restated, supplemented or otherwise modified from time to time.
Assignment of Property Management Agreement means, collectively, the Senior Assignment of Property Management Agreement and the Junior Assignment of Property Management Agreement.