Common use of Multiple Properties Clause in Contracts

Multiple Properties. Owner understands that this PMA applies collectively and individually to all of the properties managed by Manager. As such, if Owner violates this PMA with regard to one property, Manager has the right to terminate the entire PMA regarding all of the properties, and as such, all such properties shall be subject to the termination provisions herein.

Multiple Properties. Owner understands that this PMA applies collectively and individually to all of the properties managed by Manager. As such, if Owner violates this PMA with regard to one property, Manager has the right to terminate the entire PMA regarding all of the Owner’s properties, and as such, all such properties shall be subject to the termination provisions herein.