Leasing Guidelines. Owner shall, from time to time, provide Manager with leasing guidelines outlining the leasing requirements. Such guidelines shall include, without limitation, permitted parameters regarding term, rental rates and lease concessions, if any. Manager shall have no authority to vary lease terms from the parameters set forth in the leasing guidelines, or otherwise bind Owner with respect to any tenant unless otherwise agreed to by Owner.
Appears in 6 contracts
Samples: Management and Leasing Agreement (Balcor Realty Investors 85 Series Iii), Management and Leasing Agreement (Balcor Realty Investors 85 Series I), Property Management and Leasing Agreement (Balcor Equity Properties Xii)
