Manager Covenants Clause Samples
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Manager Covenants. 2.1. Manager shall devote reasonably necessary business and professional time, effort, skill, attention and ability to the business of GG and shall use his reasonable efforts to promote and advance the interest of GG.
2.2. Manager shall faithfully observe and abide by all the reasonable rules and regulations of GG from time to time in force, which are brought to his notice, and shall at all times materially obey and comply with internal GG regulations.
Manager Covenants. Manager and Lakes each covenant and agree as follows:
Manager Covenants. Manager covenants and agrees as follows:
Manager Covenants. 48 10.5. No Liens ........................................................ 49 10.6. Permitted Liens ................................................. 50 10.7. Brokerage ....................................................... 50
Manager Covenants. The Manager covenants to provide the following Professional Services to the Company at the Office Location as hereinafter set out:
Manager Covenants. In addition to the other covenants and obligations of Manager contained in this Agreement, Manager covenants and agrees that it shall: 3674238.4 If at any time the amounts on deposit in the Operating Expense Account shall not be sufficient to pay all costs which may be incurred with respect to the Properties, Manager shall not be obligated to pay said expenses and charges from its own funds. Manager shall notify Company upon awareness of a cash shortage or pending cash shortage; and Manager shall notify Company promptly in writing and with reasonable detail (and in any event, within two (2) business days of Manager receiving actual knowledge) of: (a) any breach or violation of any Environmental Laws and/or identification of any Hazardous Materials actually discovered by Manager at any Property; (b) receipt of written notice alleging a material violation, default or breach of any Property under any Applicable Law, rule, regulation or ordinance to which such Property is subject; (c) known actual or threatened (in writing) condemnation proceedings affecting any Property; and (d) damage to or destruction of any Property or injury to any persons on or about any Property, in each case, actually known to Manager.
Manager Covenants