Common use of Quarterly Inspections Clause in Contracts

Quarterly Inspections. Manager shall conduct physical inspections of each Property at least quarterly unless the Owner reasonably determines that a more frequent inspection is necessary. Specific problems shall be investigated on an "as-needed" basis. Manager shall submit to the Owner a written report containing findings, conclusions and recommendations of actions to be taken to correct deficiencies noted during the inspections. This quarterly inspection and report shall address deficiencies found in, among other areas, the building foundations, exterior, roof, flashings, concrete work, sidewalks, retaining walls, parking areas, gutter and downspout systems, mechanical equipment and utility distribution systems.

Appears in 2 contracts

Samples: Management Agreement (Capital Senior Living Corp), Management Agreement (Capital Senior Living Corp)

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Quarterly Inspections. The Manager shall conduct physical inspections of each the Property at least quarterly unless the Owner reasonably determines that a more frequent inspection is necessary. Specific problems shall be investigated on an "as-needed" basis. The Manager shall submit to the Owner a written report containing findings, conclusions and recommendations of actions to be taken to correct deficiencies noted during the inspections. This quarterly inspection and report shall address deficiencies found in, among other areas, the building foundations, exterior, roof, flashings, concrete work, sidewalks, retaining walls, parking areas, gutter and downspout systems, mechanical equipment and utility distribution systems.

Appears in 2 contracts

Samples: Management Agreement (Capital Senior Living Corp), Management Agreement (Capital Senior Living Corp)

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