Common use of Management Duties Clause in Contracts

Management Duties. It shall be the responsibility of the Manager to perform or to cause to be performed reasonable and necessary management duties ("Management Duties") with respect to the Power Transfer System, including but not limited to the following: (a) To cause the Property and the Power Transfer System to be serviced and maintained in good condition and repair, and to perform such alterations or improvements it deems desirable or necessary for the efficient operation thereof (provided that material alterations and improvements shall be subject to the prior written consent of SR Partnership); (b) To take such action as may be necessary to keep the Power Transfer System in compliance with any and all requirements of SCE pursuant to the power purchase contracts applicable to the electricity transmitted through the Power Transfer System or otherwise; (c) To take such action as may be necessary to comply promptly with any orders or requirements affecting the Power Transfer System imposed by any federal, state or local government having jurisdiction over the Power Transfer System, giving prompt written notice to the Co-Tenants of any such order or requirement; (d) Promptly to investigate all accidents or damages relating to the ownership, operations or maintenance of the Power Transfer System, and to cooperate with and make any reports required by any insurance company in connection therewith; (e) To undertake and to perform, or to cause to be performed, or to promptly advise the Co-Tenants of the necessity to undertake and to perform, all other acts or actions necessary or desirable to the efficient, safe, lawful, and economical operation of the Power Transfer System (provided that material actions shall be subject to the prior written consent of SR Partnership); (f) To keep insured and pay all insurance premiums for reasonable casualty and commercial general liability insurance of, and all real property and personal property taxes, special assessments, and similar levies imposed with respect to, the Power Transfer System; (g) To maintain reserves, as necessary, to pay Power Transfer System Operating Costs; and (h) To hire employees, or to delegate obligations, or enter into contracts, as necessary and reasonable, to carry out any of the foregoing.