Common use of Managers’ Obligations Clause in Contracts

Managers’ Obligations. Manager and Owner acknowledge that Manager may from time to time hereafter act as Manager for competing commercial projects and is to use its best efforts to locate tenants and manage the Property on a basis which is competitive with other projects it may hereafter manage in the Austin, Texas area. Manager accepts the obligations and provisions of this Agreement and agrees:

Appears in 4 contracts

Samples: Asset Management Agreement (Resource Real Estate Investors 7, L.P.), Asset Management Agreement (Resource Real Estate Investors 7, L.P.), Asset Management Agreement (Resource Real Estate Investors 7, L.P.)

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Managers’ Obligations. Manager and Owner acknowledge that Manager may from time to time hereafter act as Manager for competing commercial projects and is to use its best efforts to locate tenants and manage the Property on a basis which is competitive with other projects it may hereafter manage in the AustinSan Antonio, Texas area. Manager accepts the obligations and provisions of this Agreement and agrees:

Appears in 4 contracts

Samples: Asset Management Agreement (Resource Real Estate Investors 6 LP), Asset Management Agreement (Resource Real Estate Investors 6 LP), Asset Management Agreement (Resource Real Estate Investors 7, L.P.)

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Managers’ Obligations. Manager and Owner acknowledge that Manager may from time to time hereafter act as Manager for competing commercial projects and is to use its best efforts to locate tenants and manage the Property on a basis which is competitive with other projects it may hereafter manage in the AustinHouston, Texas area. Manager accepts the obligations and provisions of this Agreement and agrees:

Appears in 1 contract

Samples: Asset Management Agreement (Resource Real Estate Investors 6 LP)

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