Consent of Manager Clause Samples

Consent of Manager. The consent of the Manager shall be required to admit an Economic Interest Owner as a Substituted Member. The granting or withholding of such consent shall be within the sole and absolute discretion of the Manager.

Consent of Manager. This Amendment shall have no force or effect unless and until Manager has executed the Consent set forth below.

Consent of Manager. In accordance with Section 9.1 of the DEG Operating Agreement in respect of the DEG Contributed Interest and Section 9.1 of the DEGA Operating Agreement in respect of the DEGA Contributed Interest, the Manager consents to the transfer contemplated in Section 1.01 hereof and the admission of the Operating Partnership as a substituted member in DEG and DEGA.

Consent of Manager. The written consent to such substitution shall have been obtained from the Manager, the granting or denial of which shall be within the sole and absolute discretion of the Manager.

Consent of Manager. In accordance with the terms of the Member Control Agreement of the Contributed Entity, the undersigned, in its capacity as a manager or member of the Contributed Entity consents to the applicable transfers contemplated in Section 1.01 hereof and the admission of the Operating Partnership as a substituted member in the Contributed Entity and waives any rights which the undersigned has with respect of the transfer of any of the Contributed Interests to the Operating Partnership.

Consent of Manager. On the Closing Date, the Owner shall deliver to the Manager a copy of this Assignment and shall procure the execution by the Manager of the Letter of Consent and Acknowledgment set out in Exhibit A hereto and deliver said Letter of Consent and Acknowledgment to the Indenture Trustee on the [Closing/Delivery] Date.

Consent of Manager. The Manager hereby consents to the assignment of the Membership Interests by Assignor to Assignee as provided here. The Manager further consents to the admission of Assignee as a substituted member of the Company as provided herein, and acknowledges and agrees that, at the Closing, Assignor shall cease (i) to be a member of the Company and (ii) to have the power to exercise any right, power or remedy as a member of the Company.

Consent of Manager. Buyer acknowledges that pursuant to the terms of the Management Agreement, Manager must consent to the sale of the Property to Buyer. After expiration of the Review Period, if Buyer has elected to proceed with the purchase of the Property, Seller shall notify Manager of the proposed sale to Buyer by providing Manager with a copy of this Contract. Buyer acknowledges that under the Management Agreement, Manager has the right to either (a) consent to the sale of the Property, in which case at the Closing, Buyer shall assume all of Seller’s obligations under the Management Agreement or execute a new management agreement upon the same terms and conditions of the Management Agreement except that the term of such new management agreement shall be the remaining term under the Management Agreement or (b) terminate the Management Agreement. If Manager elects to terminate the Management Agreement, Seller shall have the right to terminate this Contract, upon notice to Buyer, in which event: (i) the ▇▇▇▇▇▇▇ Money Deposit shall be promptly returned by Escrow Agent to Buyer, (ii) all materials supplied by Seller to Buyer shall be returned promptly to Seller, and (iii) both parties will be relieved of all other rights, obligations, and liabilities hereunder, except for the parties’ obligations pursuant to Sections 3.2, 3.3, and 16.6 hereof and any other provisions herein which are expressly indicated as surviving termination of this Contract.

Consent of Manager. The Manager of the Company hereby acknowledges receipt of a copy of the foregoing Assignment and consents to the admission of the Assignee as a substituted Member of the Company pursuant to Section 8.03 of the Operating Agreement of the Company.