Common use of Commencement and Termination Dates Clause in Contracts

Commencement and Termination Dates. This Agreement shall commence on the Effective Date and shall terminate on the earlier to occur of: (i) the sale of the Property or any portion thereof (in which event only as to such portion of the Property sold); (ii) the termination of this Agreement pursuant to Section 15 below; or (iii) December 31, 2032 (the “Term”).

Appears in 9 contracts

Sources: Property and Asset Management Agreement (TNP Strategic Retail Trust, Inc.), Property and Asset Management Agreement (TNP Strategic Retail Trust, Inc.), Property and Asset Management Agreement (TNP Strategic Retail Trust, Inc.)

Commencement and Termination Dates. This Agreement shall commence on the Effective Date and shall terminate on the earlier to occur of: (i) the sale of the Property or any portion thereof (in which event only as to such portion of the Property sold); (ii) the termination of this Agreement pursuant to Section 15 below; or (iii) December 31, 2032 2030 (the “Term”).

Appears in 3 contracts

Sources: Property Management Agreement, Property Management Agreement (TNP Strategic Retail Trust, Inc.), Property Management Agreement (TNP Strategic Retail Trust, Inc.)