Utility and Service Contracts. Co-Manager may negotiate contracts on behalf of Owner for utilities and other services as are currently being furnished to the Premises for terms of not greater than one (1) year, unless otherwise approved by Owner in writing. All such service contracts shall be in the name of Owner, signed by Co-Manager as Owner’s authorized agent, and shall be terminable on thirty (30) days notice or less. Notwithstanding the foregoing, Owner or Owner’s consultants shall have the right to negotiate a master agreement for any and/or all utilities at the Premises.
Appears in 4 contracts
Samples: Co Management Agreement (KBS Growth & Income REIT, Inc.), Co Management Agreement (KBS Growth & Income REIT, Inc.), Co Management Agreement (KBS Growth & Income REIT, Inc.)
