Common use of Asset Manager Clause in Contracts

Asset Manager. Owner shall designate an Asset Manager to represent and act on behalf of Owner and receive communications from Operator. Notification of changes of Asset Manager shall be provided to Operator in a timely manner. The Asset Manager shall be responsible for representing Owner’s interests in the day-to-day affairs of the Facility. The Asset Manager shall also be responsible for specifying Owner’s instructions to Operator as to the desired operating schedule and other operating objectives within the Facility’s capabilities. The Asset Manager shall act on behalf of Owner as the principal interface with the Operator. Operator shall be entitled to rely on the authority of the Asset Manager, or any other person expressly designated by Asset Manager to act as his designee from time to time, to act on behalf of and commit Owner in regard to all matters under this Agreement. Any notices given to the Asset Manager shall be deemed to have been given to Owner.