Common use of Regulations and Permits Clause in Contracts

Regulations and Permits. Manager shall comply in all respects with any statute, ordinance, law, rule, regulation or order of any governmental or regulatory body pertaining to the Property (collectively, "Laws"), respecting the use of the Property or the maintenance or operation thereof, the non-compliance with which could reasonably be expected to have a material adverse effect on Owner or any Property. Manager shall apply for and obtain and maintain, on behalf of Owner, all licenses and permits required or advisable (in the reasonable judgment of Manager) in connection with the management and operation of the Property. Notwithstanding the foregoing, Manager shall be permitted to contest any Applicable Laws to the extent and pursuant to the same conditions that Owner is permitted to contest any Laws. To the extent that Manager does not comply, Manager will be responsible for the costs and penalties incurred as a result of the non-compliance.

Appears in 29 contracts

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

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Regulations and Permits. Manager shall comply in all respects with any statute, ordinance, law, rule, regulation or order of any governmental or regulatory body pertaining to body, having jurisdiction over the Property (collectively, "Laws"), respecting the use of the Property or the maintenance or operation thereof, the non-compliance with which could reasonably be expected to have a material adverse effect on Owner or any Property. Manager shall apply for and obtain and maintain, on behalf of Owner, all licenses and permits required or advisable (in the reasonable judgment of Manager) in connection with the management and operation of the Property. Notwithstanding the foregoing, Manager shall be permitted to contest any Applicable Laws to the extent and pursuant to the same conditions that Owner is permitted to contest any Laws. To Laws under the extent that Manager does not comply, Manager will be responsible for the costs and penalties incurred as a result of the non-complianceLoan Documents.

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)

Regulations and Permits. Manager shall comply in all respects with any statute, ordinance, law, rule, regulation or order of any governmental or regulatory body pertaining to body, having jurisdiction over the Property (collectively, "Laws"), respecting the use of the Property or the maintenance or operation thereof, the non-compliance with which could reasonably be expected to have a material adverse effect on Owner Tenant or any Property. Manager shall apply for and obtain and maintain, on behalf of OwnerTenant, all licenses and permits required or advisable (in the reasonable judgment of Manager) in connection with the management and operation of the Property. Notwithstanding the foregoing, Manager shall be permitted to contest any Applicable Laws to the extent and pursuant to the same conditions that Owner Tenant is permitted to contest any Laws. To Laws under the extent that Manager does not comply, Manager will be responsible for the costs and penalties incurred as a result of the non-complianceLease.

Appears in 2 contracts

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

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Regulations and Permits. Manager shall comply in all respects with any statute, ordinance, law, rule, regulation or order of any governmental or regulatory body pertaining to body, having jurisdiction over the Property (collectively, "Laws"), respecting the use of the Property or the maintenance or operation thereof, the non-compliance with which could reasonably be expected to have a material adverse effect on Owner or any Property. Manager shall apply for and obtain and maintain, on behalf of Owner, all licenses and permits required or advisable (in the reasonable judgment of Manager) in connection with the management and operation of the Property. Notwithstanding the foregoing, Manager shall be permitted to contest any Applicable Laws to the extent and pursuant to the same conditions that Owner is permitted to contest any Laws. - To the extent that Manager manager does not comply, Manager manager will be responsible for the costs and penalties incurred as a result of the non-compliance.

Appears in 1 contract

Samples: Property Management Agreement (U Haul International Inc)

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