Examples of Permitted Affiliate Agreements in a sentence
Except pursuant to the Permitted Affiliate Agreements, Borrower shall not pay any fees or other consideration to Operator or any Affiliate of Operator or Borrower in respect of services contemplated by the Management Agreement or in respect of services pertaining to the operation of the Project except strictly in accordance with the Management Agreement.
Except the Permitted Affiliate Agreements, Borrower shall not enter into any new agreements or leases with Operator or any Affiliates of Operator or Borrower in respect of services contemplated by the Management Agreement or in respect of services pertaining to the occupancy and operation of the Project without Lender’s prior written consent, which consent may be withheld in Lender’s sole discretion.