Common use of Obligations under Loan Documents and other Material Contracts Clause in Contracts

Obligations under Loan Documents and other Material Contracts. Manager shall take such actions as are necessary or appropriate under the circumstances to ensure, to the extent Manager is privy to the information, that Owner is in compliance with the terms of the Loan Documents and any other material agreement relating to the Property to which Owner is a party and for which Manager is privy to the information. Notwithstanding the foregoing, nothing herein contained shall be deemed to obligate Manager to fund from its own resources any payments owed by Owner under the Loan Documents or otherwise be deemed to make Manager a direct obligor under the Loan Documents.

Appears in 16 contracts

Samples: Property Management Agreement (Amerco /Nv/), Property Management Agreement (Amerco /Nv/), Property Management Agreement (Amerco /Nv/)

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Obligations under Loan Documents and other Material Contracts. Manager shall take such actions as are necessary or appropriate under the circumstances to ensure, to the extent Manager is privy to the information, ensure that Owner is in compliance with the terms of the Loan Documents and any other material agreement relating to the Property to which Owner is a party and for which Manager is privy to the informationparty. Notwithstanding the foregoing, nothing herein contained shall be deemed to obligate Manager to fund from its own resources any payments owed by Owner under the Loan Documents or otherwise be deemed to make Manager a direct obligor under the Loan Documents.

Appears in 13 contracts

Samples: Property Management Agreement (Amerco /Nv/), Property Management Agreement (Amerco /Nv/), Property Management Agreement (Amerco /Nv/)

Obligations under Loan Documents and other Material Contracts. Manager shall take such actions as are necessary or appropriate under the circumstances to ensure, to the extent Manager is privy to the information, ensure that Owner is in compliance with the terms of the Loan Documents and any other material agreement relating to the Property to which Owner is a party and for which Manager is privy to the informationparty. Notwithstanding the foregoing, nothing Nothing herein contained shall be deemed to obligate Manager to fund from its own resources any payments owed by Owner under the Loan Documents or otherwise be deemed to make Manager a direct obligor under the Loan Documents, except as may otherwise be expressly provided therein.

Appears in 3 contracts

Samples: Property Management Agreement (U Haul International Inc), Property Management Agreement (U Haul International Inc), Property Management Agreement (U Haul International Inc)

Obligations under Loan Documents and other Material Contracts. Manager shall take such actions as are necessary or appropriate under the circumstances to ensure, to the extent Manager is privy to the information, ensure that Owner is in compliance with the terms of the Loan Documents and any other material agreement relating to the Property to which Owner is a party and for which Manager is privy to the informationparty. Notwithstanding the foregoing, nothing Nothing herein contained shall be deemed to obligate Manager to fund from its own resources any payments owed by Owner under the Loan Documents or otherwise be deemed to make Manager a direct obligor under the Loan DocumentsDocuments or other material contract of Owner.

Appears in 2 contracts

Samples: Property Management Agreement (U Haul International Inc), Property Management Agreement (U Haul International Inc)

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Obligations under Loan Documents and other Material Contracts. Manager shall take such actions as are necessary or appropriate under the circumstances to ensure, to the extent Manager is privy to the information, ensure that Owner is in compliance with the terms of the Loan Documents and any other material agreement relating to the Property to which Owner is a party if and for which Manager is privy to the informationwhen provided by Owner. Notwithstanding the foregoing, nothing Nothing herein contained shall be deemed to obligate Manager to fund from its own resources any payments owed by Owner under the Loan Documents or otherwise be deemed to make Manager a direct obligor under the Loan Documents, except as may otherwise be expressly provided therein.

Appears in 1 contract

Samples: Property Management Agreement (U Haul International Inc)

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