Common use of Management of the Premises Clause in Contracts

Management of the Premises. Manager shall manage, operate and maintain the Premises in a manner normally associated with the management and operation of a high quality office building. Manager shall at all times deal with third parties (whether or not affiliated with Manager) at arms' length and in Owner's interest at all times. Manager shall act in a fiduciary capacity with respect to the proper protection of and accounting for Owner's assets.

Appears in 4 contracts

Samples: Management and Leasing Agreement (Hines Global REIT, Inc.), Management and Leasing Agreement (Hines Global REIT, Inc.), Management and Leasing Agreement (Hines Real Estate Investment Trust Inc)

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Management of the Premises. Manager shall manage, operate and maintain the Premises in a manner normally associated with the management and operation of a high quality office building. Manager shall at all times deal with third parties (whether or not affiliated with Manager) at arms' length and in Owner's ’s interest at all times. Manager shall act in a fiduciary capacity with respect to the proper protection of and accounting for Owner's ’s assets.

Appears in 2 contracts

Samples: Management and Leasing Agreement (Hines Real Estate Investment Trust Inc), Management and Leasing Agreement (Hines Real Estate Investment Trust Inc)

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Management of the Premises. Manager shall manage, operate and maintain the Premises in a manner normally associated with the management and operation of a high quality quality, “Class A” office building. Manager shall at all times deal with third parties (whether or not affiliated with Manager) at arms' length and in Owner's ’s interest at all times. Manager shall act in a fiduciary capacity with respect to the proper protection of and accounting for Owner's ’s assets.

Appears in 1 contract

Samples: Management and Leasing Agreement (Hines Real Estate Investment Trust Inc)

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