Development and Management Agreements definition
Examples of Development and Management Agreements in a sentence
In the event that Borrower reinstates the Loan under California law prior to the foreclosure of the lien of the Deed of Trust, such Development and Management Agreements shall be deemed to have been reinstated as of the date of such reinstatement of the Loan.
Without the prior written consent of Lender, Borrower shall not enter into any agreement providing for the management, leasing or operation of the Property or Improvements, other than the Development and Management Agreements.
If other consents are required in connection with this Agreement, including but not limited to the Seneca Nation of Indians with respect to the Development and Management Agreements between Seller and the Seneca Nation of Indians, Seller agrees to use its best efforts to obtain such consents if, as and when requested to do so by Buyer.
The Development and Management Agreements dated January 22, 1997 (collectively, "MANAGEMENT AGREEMENT") between Original Borrower and Inn Alpha Management Corp., a New York corporation ("EXISTING MANAGER"), is in full force and effect and there are not any existing defaults thereunder.
The Tribe and LKAR agree that all sums previously advanced to the Tribe by KARSS under the superceded Development and Management Agreements, and by LKAR under the superceded May 5, 2000 Memorandum of Agreement (excluding advances for acquisition of the Acquired Tribal Lands), shall constitute advances by LKAR to the Tribe hereunder, be credited to LKAR's obligations hereunder, and shall be subject to the terms of the Transition Loan herein.