Common use of Compensation of Property Manager Clause in Contracts

Compensation of Property Manager. 4.04. As compensation for his services rendered under this Agreement, Property Manager shall be entitled to keep for his own account any excess of revenues collected over expenses disbursed relating to the Premises after paying to Owner a monthly sum of $3,400.00 per month. Property Manager Not Responsible for Excess of Expenses over Revenues

Appears in 2 contracts

Samples: Management Agreement (LF George Holdings, Inc.), Management Agreement (LF George Holdings, Inc.)

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Compensation of Property Manager. 4.04. As compensation for his services rendered under this Agreement, Property Manager shall be entitled to keep for his own account any excess of revenues collected over expenses disbursed relating to the Premises after paying to Owner a monthly sum of $3,400.00 400.00 per month. Property Manager Not Responsible for Excess of Expenses over Revenues

Appears in 2 contracts

Samples: Management Agreement (LF George Holdings, Inc.), Management Agreement (LF George Holdings, Inc.)

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