Common use of Internalization of Management Clause in Contracts

Internalization of Management. Parent shall not internalize the management of Parent without the prior written consent of the Administrative Agent, which shall not be unreasonably withheld by the Administrative Agent.

Appears in 1 contract

Sources: Guarantee Agreement (Gramercy Capital Corp)

Internalization of Management. Parent The Borrowers shall not permit the Parent to internalize the management of the Parent without the prior written consent of the Administrative Agent, which shall not be unreasonably withheld by the Administrative Agent.

Appears in 1 contract

Sources: Credit Agreement (Gramercy Capital Corp)