Collection of Rents and Other Income. Unless otherwise required by any Loan Documents, Property Manager shall xxxx all Tenants for, when appropriate, and shall use commercially reasonable efforts to collect, all rent and other charges due and payable from all Tenants. Property Manager shall have the authority to use all commercially reasonable methods to collect such rent and other charges due, including, without limitation, pursuing litigation against any Tenant. Property Manager shall deposit all monies so collected in the Operating Account.
Collection of Rents and Other Income. Manager shall regularly xxxx all tenants and use its best efforts to collect all rent and other charges due and payable from all tenants or from others for services provided in connection with the Property. Manager is authorized on behalf of Owner to initiate legal action for the collection of all amounts due Owner under tenant leases and enforcements of the terms of said leases. Manager shall deposit promptly all monies so collected in the Operating Account.
Collection of Rents and Other Income. Subject to Section 2.13(b), Manager will use diligent efforts to collect all rents and other charges which may become due at any time from any tenant or from others in connection with or for the use of the Property and will use its best efforts to ensure tenants’ compliance with their respective leases. Manager will collect and identify any income from miscellaneous services provided to tenants or the public from parking income, furniture rental, cleaning services, tenant storage and coin-operated machines of all types. All rents and other monies collected will be deposited in the Operating Account. Manager will not write off any income items without Owner’s prior approval.
Collection of Rents and Other Income. The Property Manager shall xxxx all tenants and shall use its commercially reasonable efforts to collect all rent and other charges due and payable from any tenant or from others for services provided in connection with the Project. The Property Manager shall deposit all monies so collected in the Operating Account (as defined in Section 6.1). The Property Manager shall allocate all income, revenue and expense from the Project to the Tenants in Common as set forth in the Tenants in Common Agreement.
Collection of Rents and Other Income. Manager will use commercially reasonable efforts to collect all rents and other charges which may become due at any time from any tenant or from others in connection with or for the use of the Property and will use diligent efforts to ensure tenants’ compliance with their respective leases. Manager will collect and identify any income from miscellaneous services provided to tenants or the public from parking income, furniture rental, cleaning services, tenant storage and coin-operated machines of all types. Subject to the terms of any outstanding loan documents, all rents and other monies collected will be deposited in the Operating Account.
Collection of Rents and Other Income. Manager shall deposit into Manager’s trust account (“Property Account”) all rents, security deposits, income and any other monies payable to Owner under this Agreement (“Property Funds”) where such Property Funds are received by Manager.
Collection of Rents and Other Income. (a) Manager, at Owner's expense, shall take all proper and necessary action to enforce the terms of all leases and to collect all rent and other charges due from or payable by tenants or other users of the Property. Owner authorizes Manager to request, receive and deliver receipts for all such rent and other charges, and subject in each instance to the prior approval of Owner, to settle or compromise the payment of such amounts.
Collection of Rents and Other Income. Broker shall use his best efforts to collect all rents and other charges that may become due at any time from Tenant. All monies so collected shall be transmitted to Owner with detail, net any fees or expenses as provided for herein. At the discretion of Broker, any lease may be terminated or legal suit instituted for rent or for use and occupancy or for recovery or possession of the Property. In connection with such suits or proceedings, Broker may retain legal counsel as necessary and appropriate. Broker shall use his best judgment in retaining such legal counsel. All legal expenses including, but not necessarily limited to, attorney’s fees, court costs and process service, incurred in bringing such suits or proceedings shall be at the expense of Owner.
Collection of Rents and Other Income. Manager shall use commercially reasonable efforts to collect all rents and other charges which may become due from any tenant or from others for services provided in connection with the use of the Premises. Manager shall identify and collect any income due Owner for miscellaneous services provided to tenants or to the general public. All sums so collected shall be deposited in the Operating Account. Manager may, with the prior consent of Owner and at the expense of Owner, employ counsel and/or a collection agency to assist in the collection or enforcement of any right or remedy against any tenant who is in default in the performance of its obligation under its lease. Expenses actually incurred by Manager in bringing any collection or enforcement actions will be paid from the Operating Account or from Owner’s funds if the Operating Account contains insufficient funds. Manager shall not write-off any income items greater than two dollars without the prior approval of Owner.
Collection of Rents and Other Income. Manager shall bill all Tenants and use best reasonable efforts to collect all rents (including escalation billings resulting from increases in expenses or taxes or pursuant to any other rent escalation provision) and 134 other charges which may become due to Owner at any time from any Tenant or from others in connection with or for the use of the Property or any portion thereof. Manager shall use best reasonable efforts to collect and identify all income due Owner for miscellaneous services provided to Tenants and other occupants of the Property (including, without limitation, parking income, Tenant storage and coin operated machines of all types). All amounts so collected shall be the property of the Owner and shall be deposited in the Receipts Account. Manager shall not terminate any Lease, lock out a Tenant, or institute suit for rent or for recovery of possession, or institute any other similar remedial measures against a tenant, without in each instance the prior written approval of Owner. In connection with such suits or proceedings, only legal counsel designated by Owner shall be retained. Manager shall not write off any income items without the prior written approval of Owner in each instance.
