Common use of Management of Properties Clause in Contracts

Management of Properties. Each Individual Property is self-managed by Borrower in so far as each Individual Property is leased to a Master Tenant which is required to

Appears in 1 contract

Sources: Loan Agreement (Entertainment Properties Trust)

Management of Properties. Each Individual Property is self-managed by Borrower in so far as each Individual Property is leased to a Master Tenant which is required toto perform typical property management functions (other than collection of rents under such Master Leases) pursuant to the related Master Lease and no third party property manager has been retained with respect to any Individual Property.

Appears in 1 contract

Sources: Loan Agreement (Entertainment Properties Trust)

Management of Properties. Each Individual Property is self-managed by Borrower in so far insofar as each Individual Property is leased to a Master Tenant which is required toto perform typical property management functions (other than collection of rents under such Master Leases) pursuant to the related Master Lease and no third party property manager has been retained with respect to any Individual Property.

Appears in 1 contract

Sources: Mezzanine Loan Agreement (Entertainment Properties Trust)