Management Entity Clause Samples
Management Entity. The management entity (the “Management Entity”) shall be a tax-exempt organization under Section 501(c)(3) of the U.S. Internal Revenue Code, as now in effect or as may hereafter be amended (the “Code”).
Management Entity. Agency shall have the right to review and reasonably approve the qualifications of the management entity proposed by Owner for the Project. The contracting of management services to a management entity shall not relieve Owner of its primary responsibility for proper performance of management duties.
Management Entity. City shall have the right to review and approve the qualifications of the management entity proposed by Owner for the Project. The contracting of management services to a management entity shall not relieve Owner of its primary responsibility for proper performance of management duties. City hereby approves , a California , as the initial management entity for the Project. Upon City determination and delivery of written notice to Owner that Owner has failed to operate the Project in accordance with this Agreement, City may, subject to any applicable cure period, require Owner to contract with a qualified management agent selected by City, to operate the Project, or to make such other arrangements as City deems necessary to ensure performance of the required functions.
Management Entity. The Owner may employ a management entity. Any contracting of management services by Owner shall not relieve Owner of its primary responsibilities for proper performance of management duties.
Management Entity. If Developer enters into a separate property management agreement (“Management Agreement”) with a property management company or other organization in order to manage the Affordable Units (including leasing, property management, maintenance and repair services, and reporting obligations) and ensure that Developer’s obligations under this Agreement with respect to the Affordable Units are satisfied (“Property Manager”), the Management Agreement shall not relieve Developer of its primary responsibility for proper performance of management duties. The Property Manager shall have the requisite skill and experience to implement the Marketing and Management Plan approved by the City under Section 17.g of this Agreement.
Management Entity. City and ▇▇▇▇▇▇ agree that Lessee shall manage the Property upon start of possession.
Management Entity. It refers to the non-profit entity that, through a partnership with the Ministry of Commerce, Industry and Tourism (in the case of the FFC), and the Ministry of Cultures, Arts and Knowledge (in the case of the tax rebate under CINA), carries out the management of the different processes foreseen in this Manual. This Management Entity is Proimágenes Colombia.
Management Entity. Lessor approves MidPen Property Management Corporation as the initial property manager. In recognition of Lessor's significant financial contribution to the Project, Lessor shall have the right to review and approve any replacement of the management entity proposed by Lessee for the Project, and shall have the right to review and approve any agreement executed between Lessee and the management entity, which approval of agreement shall not be unreasonably withheld or delayed, provided, however, the Lessor's approval shall not be required for the renewal of any management agreement provided that the property manager does not change. The contracting of management services to a management entity shall not relieve Lessee of its primary responsibility for proper performance of management duties. Upon Lessor determination and delivery of written notice to Lessee that Lessee has failed to operate the Project in accordance with this Lease, Lessor may, subject to any applicable cure period, require Lessee to contract with a qualified management agent selected by Lessor subject to approval of the Investor and Lenders, if required, to operate the Project, or to make such other arrangements as Lessor deems necessary to ensure performance of the required functions.
Management Entity. City shall have the right to review and approve the qualifications of the management entity proposed by Owner from time to time for the Workforce Project, and shall have the right to review and approve any property management agreement executed between Owner and such entities, which approvals shall not be unreasonably withheld. The contracting of management services to a management entity shall not relieve Owner of its primary responsibility for proper performance of management duties. City hereby preapproves Mid-Peninsula Housing, Bridge Housing, and HIP Housing Affordable Ventures as being qualified entities to manage the Workforce Project. Any management entity other than a preapproved management entity shall be subject to City review and approval, which shall not be unreasonably withheld or delayed. Upon City determination and delivery of written notice to Owner that Owner has failed to operate the Workforce Project in accordance with this Agreement, City may require Owner to contract with a qualified management agent selected by City, or to make such other arrangements as City deems necessary to ensure performance of the required functions.