Authority of Property Manager Sample Clauses

Authority of Property Manager. Subject to the approval of Company where required hereunder, Property Manager shall have the power and authority to act on behalf of the Company with respect to the duties conferred upon Property Manager hereunder. The power and authority granted by Company to Property Manager hereunder shall include the power and authority to execute, acknowledge, and swear to the execution, acknowledgment of and the filing of, documents involving the ownership, financing, management and operation of the Property which are consistent with this Agreement, and any and all such other documents as may be necessary to implement the management powers of Property Manager set forth in this Agreement. If Company shall now or hereafter be comprised of more than one person or entity, any approval of Company required hereunder shall be deemed granted upon the affirmative consenting vote of persons or entities holding more than fifty percent (50%) of the interest in the Property.
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Authority of Property Manager. CHF is the owner and lessor of the property. Southern Oregon University is the manager of the property and does so on behalf of CHF. By signing this Contract, the Resident acknowledges and agrees that the University has the power and authority to enforce the terms of this Contract on behalf of CHF, including the collection of rent owed to CHF as lessor by the Resident as lessee pursuant to the terms of this Contract. In addition, the Resident acknowledges and agrees that the University has the power and authority to enforce all policies referenced in this Contract.
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Authority of Property Manager. XXXX is the owner of the property. Capstone On Campus Management (COCM) and Cornish College of the Arts are co-managers of the residence hall and does so on behalf of the owner of the residence hall. By signing this contract, the Resident acknowledges and agrees that COCM, Cornish College of the Arts, and City University of Seattle has the power and authority to enforce the terms of this contract on behalf of the owner, including the collection of charges and fees owed to the owner by the resident pursuant to the terms of this contract.
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Authority of Property Manager. Upon the approval of any item by the Tenants in Common pursuant to Sections 2.2 and 2.3 of the Tenants in Common Agreement, the Property Manager shall have the power and authority to act on behalf of the Tenants in Common with respect to such items.
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Authority of Property Manager. The Owner grants to the Property Manager the following authority and power and agrees to assume responsibility for any and all expenses incurred in the exercise of said authority and power:
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Authority of Property Manager. Except as set forth in Section 3.11 below, any Leasing Guidelines as may be established from time to time by the Owner, and otherwise specifically provided, the Property Manager shall have sole authority and complete discretion over the care, custody, maintenance and management of the Property.
Sample 1
Authority of Property Manager. HSRE-Capstone Cornish, LLC is the owner of the property. College and Agent are co-managers of the residence hall and does so on behalf of the owner of the residence hall. By signing this contract, the resident acknowledges and agrees that the College has the power and authority to enforce the terms of this contract on behalf of the owner, including the collection of charges and fees owed to the owner by the resident pursuant to the terms of this contract.
Sample 1
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Related to Authority of Property Manager

  • Inspection of Property The Borrower and each of its Subsidiaries will keep proper books and records in accordance with GAAP and will permit reasonable examinations of its books and records and reasonable inspections of its property (subject to reasonable procedures relating to safety and security), accompanied by personnel of the Borrower, by the Administrative Agent and any Lender and/or their respective accountants or other professional advisers; provided that such examinations and inspections (a) will occur not more frequently than once in any calendar year, with reasonable efforts to make combined visits (unless a Default or an Event of Default has occurred and is continuing in which case such examinations may occur as frequently as reasonably determined by the Administrative Agent or any Lender, with no obligation to combine visits), (b) will be at the sole expense of the Administrative Agent and/or requesting Lender, as the case may be (unless a Default or an Event of Default has occurred and is continuing in which case such examinations will be at the expense of the Borrower), (c) will be undertaken at reasonable times following the provision of written notice in advance to the Borrower, and (d) will not unduly interfere with the operations or management of the Borrower’s business. Notwithstanding anything set forth herein to the contrary, under no circumstances shall the Borrower or any Subsidiary be required to disclose, permit the inspection, examination or making copies or abstracts of, or discussion of, any document, information or other matter (i) that constitutes non−financial trade secrets or non-financial confidential proprietary information, (ii) in respect of which disclosure to the Administrative Agent or any Lender (or their respective Affiliates, representatives, contractors, accountants or other professionals) is prohibited by any Governmental Rule or binding confidentiality agreement with a Person that is not an Affiliate of the Borrower and that was not entered into in contemplation of this Agreement, (iii) that is subject to attorney−client or similar privilege or constitutes attorney work product, or (iv) in the case of any discussions with accountants, only if the Borrower has been given the opportunity to participate in the discussions.

  • Maintenance of Property; Insurance (a) Keep all property useful and necessary in its business in good working order and condition, ordinary wear and tear excepted and (b) maintain with financially sound and reputable insurance companies insurance on all its property in at least such amounts and against at least such risks (but including in any event public liability, product liability and business interruption) as are usually insured against in the same general area by companies engaged in the same or a similar business.

  • Maintenance of Properties (a) Maintain, preserve and protect all of its material properties and equipment necessary in the operation of its business in good working order and condition, ordinary wear and tear excepted; (b) make all necessary repairs thereto and renewals and replacements thereof except where the failure to do so could not reasonably be expected to have a Material Adverse Effect; and (c) use the standard of care typical in the industry in the operation and maintenance of its facilities.

  • Maintenance of Properties; Insurance The Borrower will, and will cause each of its Subsidiaries to, (a) keep and maintain all property material to the conduct of its business in good working order and condition, ordinary wear and tear excepted, and (b) maintain, with financially sound and reputable insurance companies, insurance in such amounts and against such risks as are customarily maintained by companies engaged in the same or similar businesses operating in the same or similar locations.

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