Assignment of Property Management Agreement definition

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.
Sample 1Sample 2Sample 3
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.
Sample 1Sample 2
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.
Sample 1Sample 2

Examples of Assignment of Property Management Agreement in a sentence

  • Lender shall have also received from Borrower fully executed counterparts of the Assignment of Property Management Agreement and the other Loan Documents.

  • 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”.

  • Lender’s rights under this Section 7.3.4 shall be in addition to, and shall not be deemed to waive, qualify or otherwise limit any rights available to Lender under any Assignment of Property Management Agreement or similar agreement/assignment delivered pursuant to the terms of this Agreement.

  • If Borrower enters into a Property Management Agreement prior to the funding of the Loan, Lender shall have received an Assignment of the Property Management Agreement and a Consent from the Property Manager to the Assignment of Property Management Agreement in forms acceptable to Lender.

  • The Collateral Assignment of Property Management Agreement by and among Borrower, Agent for the benefit of Lenders and the Management Company, as the same may be amended, restated, supplemented or otherwise modified from time to time, to be entered into concurrently with the execution of the Management Contract, which shall be substantially in the form of Exhibit N attached hereto and made a part hereof.

  • The results of the evaluation, as well as the Department Head’s own evaluation, should be conveyed to the faculty member and to the Dean of the Institution in a timely manner.

  • The Senior Assignment of Property Management Agreement among Borrower, Property Manager, and Collateral Agent.

  • Upon Administrative Agent’s request, in connection with Borrower entering into any new property management agreement, Borrower shall, and shall cause such property manager to, execute an Assignment of Property Management Agreement, in favor of Administrative Agent and in form and substance acceptable to Administrative Agent.


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 October 6, 2015, among ARC Hospitality Portfolio II MISC TRS, LP, ARC Hospitality Portfolio II NTC TRS, LP and ARC Hospitality Portfolio II TRS, LLC to Lender 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) (MxXxxxxx), dated as of October 6, 2015, among ARC Hospitality Portfolio II NTC TRS, LP and ARC Hospitality Portfolio II MISC TRS, LLC to Lender 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., (iii) Assignment of Management Agreement and Subordination of Management Fees (Management Agreement) (Hilton), dated as of October 6, 2015, among ARC Hospitality Portfolio II HIL TRS, LP to Lender and consented and agreed to by ARC Hospitality Portfolio II Owner, LLC American Realty Capital Hospitality Properties, LLC and Hampton Inns Management LLC, (iv) Assignment of Management Agreement and Subordination of Management Fees (Management Agreement) (Hilton), dated as of October 6, 2015, among ARC Hospitality Portfolio II HIL TRS, LP to Lender and consented and agreed to by ARC Hospitality Portfolio II Owner, LLC American Realty Capital Hospitality Properties, LLC and Homewood Suites Management LLC, (v) Assignment of Management Agreement and Subordination of Management Fees (Management Agreement) (Courtyard Houston), dated as of October 6, 2015, among ARC Hospitality Portfolio II NTC HIL TRS, LP to Lender and consented and agreed to by ARC Hospitality Portfolio II NTC Owner, LP, American Realty Capital Hospitality Properties, LLC and Crestline Hotels & Resorts, LLC, and (vi) Assignment of Management Agreement and Subordination of Management Fees (Management Agreement) (Stratford), dated as of October 6, 2015, among ARC Hospitality TRS Stratford, LLC to Lender and consented and agreed to by ARC Hospitality Stratford, LLC, American Realty Capital Hospitality Properties, LLC and Crestline Hotels & Resorts, LLC, as each of the foregoing may be amended, restated, replaced, supplemented or otherwise modified f...
Sample 1
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.
Sample 1
Assignment of Property Management Agreement means that certain Assignment of Management Agreement and Subordination of Management Fees dated as of the Modification Date, among Lender, Borrower and Property Manager, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.
Sample 1
Assignment of Property Management Agreement means, collectively, the Senior Assignment of Property Management Agreement and the Junior Assignment of Property Management Agreement.
Sample 1
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.
Sample 1
Assignment of Property Management Agreement means the Assignment of Property Management Agreement made by the Partnership for the benefit of the Bank.]
Sample 1

Related to Assignment of Property Management Agreement

  • Property Management Agreement means that certain management agreement between the Company and the Property Manager with respect to the management of the Property.

  • Assignment of Management Agreement means the Assignment of Management Agreement and Subordination of Management Fees, dated the same date as this Loan Agreement, among Borrower, Lender and Property Manager, including all schedules, riders, allonges and addenda, as such Assignment of Management Agreement may be amended from time to time, and any future Assignment of Management Agreement and Subordination of Management Fees executed in accordance with Section 6.09(d).

  • Assignment of Proprietary Lease With respect to a Cooperative Loan, the assignment of the related Cooperative Lease from the Mortgagor to the originator of the Cooperative Loan.

  • Assignment Agreements The following Assignment, Assumption and Recognition Agreements, each dated as of March 29, 2006, whereby certain Servicing Agreements solely with respect to the related Mortgage Loans were assigned to the Depositor for the benefit of the Certificateholders:

  • Hotel Management Agreement means any hotel management agreement relating to the management and operation of the Real Property together with all supplements, amendments and modifications thereto.

  • Assignment of Agreements means that certain Assignment of Agreements, Licenses, Permits and Contracts, dated as of the date hereof, from Borrower, as assignor, to Lender, as assignee.

  • Management Agreement means the agreement of the Directors in the form attached hereto as Schedule C. The Management Agreement shall be deemed incorporated into, and a part of, this Agreement.

  • Lien Waiver Agreement means an agreement which is executed in favor of Agent by a Person who owns or occupies premises at which any Collateral may be located from time to time and by which such Person shall waive any Lien that such Person may ever have with respect to any of the Collateral and shall authorize Agent from time to time to enter upon the premises to inspect or remove the Collateral from such premises or to use such premises to store or dispose of such Inventory.

  • Collateral Assignment Agreement has the meaning set forth in Section 10.05.

  • Assignment and Conveyance Agreement As defined in Subsection 6.01.

  • Easement Agreement means any conditions, covenants, restrictions, easements, declarations, licenses and other agreements listed as Permitted Encumbrances or as may hereafter affect the Leased Premises.

  • Assignment of Leases and Rents means the Assignment of Leases and Rents, executed by Borrower for the benefit of Lender, and pertaining to leases of space in the Project.

  • Property Agreements means all agreements, grants of easements and/or rights-of-way, reciprocal easement agreements, permits, declarations of covenants, conditions and restrictions, disposition and development agreements, planned unit development agreements, parking agreements, party wall agreements or other instruments affecting the Property, including, without limitation any agreements with Pad Owners, but not including any brokerage agreements, management agreements, service contracts, Space Leases or the Loan Documents.

  • Construction Agreements means agreements to which Tenant is a party for Construction Work, rehabilitation, alteration, repair, replacement or demolition performed pursuant to this Lease.

  • SCM Agreement means the Agreement on Subsidies and Countervailing Measures in Annex 1A to the WTO Agreement;

  • Lender Assignment Agreement means an assignment agreement substantially in the form of Exhibit D hereto.

  • Asset Management Agreement means, as the context requires, any agreement entered into between a Series and an Asset Manager pursuant to which such Asset Manager is appointed as manager of the relevant Series Assets, as amended from time to time.

  • Assignment of Leases With respect to any Mortgaged Property, any assignment of leases, rents and profits or similar agreement executed by the Mortgagor, assigning to the mortgagee all of the income, rents and profits derived from the ownership, operation, leasing or disposition of all or a portion of such Mortgaged Property, in the form which was duly executed, acknowledged and delivered, as amended, modified, renewed or extended through the date hereof and from time to time hereafter.

  • Collateral Management Agreement The agreement dated as of the Closing Date, between the Issuer and the Collateral Manager relating to the management of the Collateral Obligations and the other Assets by the Collateral Manager on behalf of the Issuer, as amended from time to time in accordance with the terms thereof.

  • Lease Assignments means the assignments of real property leases and subleases by and between a member of the Nuance Group, as assignor, and a member of the SpinCo Group, as assignee, in each case as set forth on Schedule XII under the caption “Lease Assignments.”

  • Assignment of Lease means the Assignment of Lease to be executed by the Seller at the Closing with respect to each parcel of Leased Real Property listed on Section 3.16(b) of the Disclosure Schedule, in a form to be mutually agreed by the Seller and the Purchaser.

  • Lease Assignment has the meaning set forth in Section 3.5(d).

  • Assignment of Rents and Leases means, with respect to the Mortgaged Property, an Assignment of Rents and Leases (and, if there are more than one, each and every one of them), dated as of the Closing Date, granted by the Borrower to Lender with respect to the Leases, as same may thereafter from time to time be supplemented, amended, modified or extended.

  • Concession Agreement means the Concession Agreement referred to in Recital (A) above and annexed hereto as Annex-A, and shall include all of its Recitals and Schedules and any amendments made thereto in accordance with the provisions contained in this behalf therein;

  • Assignment of Recognition Agreement With respect to a Cooperative Loan, an assignment of the Recognition Agreement sufficient under the laws of the jurisdiction wherein the related Cooperative Unit is located to reflect the assignment of such Recognition Agreement.

  • IP Assignment Agreement has the meaning set forth in Section 3.2(a)(iii).