Common use of Third Party Manager Clause in Contracts

Third Party Manager. Manager shall have the right to engage third-party property managers to assist it in performing its duties under this Agreement when in the opinion of Manager such action would be appropriate. The fee of the third-party manager shall be paid by Manager and shall not be reimbursed by Owner.

Appears in 1 contract

Sources: Management Agreement (NTS Realty Holdings Lp)

Third Party Manager. Manager shall have the right to engage third-party property managers or leasing agents to assist it in performing its duties under this Agreement when in the opinion of Manager such action would be appropriate. The fee of the third-party manager or leasing agent shall be paid by Manager and shall not be reimbursed by Owner.

Appears in 1 contract

Sources: Management Agreement (NTS Realty Holdings Lp)