Utility Management Sample Clauses

Utility Management. Due to the extent of how utilities must be handled, and how labor intensive they are, we charge $20 per month per property to collect all bills pertaining to the property, bill accordingly, pay each utility company and track the bills. If you opt not to use this service you will be responsible for utility management and must not have any interruption to any utility service. Doing so may result in immediate termination. PROCEEDS SR shall send OWNER the proceeds collected from the rental of property, minus the rental commission, fees and other expenses accrued for any property or unit managed by SR on behalf of OWNER. Payments are processed weekly (except for holidays and technical delays) and can either be ACH deposited or mailed. If tenant’s payment is returned, for any reason, any disbursed funds to OWNER must pay SR back in 1 business day. REPAIRS SR shall coordinate repairs and provide 24/7 emergency answering service. Emergency repairs will be dispatched and billed to OWNER. If OWNER chooses to make repairs themselves all emergency calls MUST be handled within 24 hours. For non emergency but necessary repairs SR will attempt to get owner approval. If likely invoice amount will be under $500, SR may proceed at SR discretion. For non-emergency calls the OWNER agrees to make said repairs in 7 days. If, for any reason, OWNER fails to make said repairs, SR will dispatch its maintenance staff and OWNER will be billed accordingly. Non essential cosmetic repairs will always be forwarded to OWNER for approval. SR is authorized to change locks and place smoke / CO2 detectors as necessary, at OWNER expense, before each tenant move in. TENANT PLACEMENT SR will “grade” each property and assign it to a level of A, B, C or D. “D” properties will be given notice to either make necessary repairs or will be given notice that SR can no longer manage the property. Each tenant MUST meet our standards before being approved for a unit and a deposit is accepted. Since SR uses a grading system it is not necessary to contact the owner prior to approving tenant and SR reserves the right to make such decisions. INSURANCE/FEES/PROPERTY TAXES/BILLS/UTILITIES OWNER may direct or have forwarded to SR for payment any maintenance fee bills (if applicable), association dues statements, tax statements, insurance bills, mortgage statements, owner paid utility bills and other charges associated with the unit. OWNER may fill out and notarize a limited power of attorney if (SR will provide a...
Sample 1
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Utility Management. As part of construction, the DISTRICT with assistance from the CITY will assist the CONTRACTOR in utility conflict resolution, should unforeseen conflicts occur during PROJECT construction. This will occur through a rapid assessment of the situation, discussions of alternatives with CONTRACTOR and utilities representatives and approval of any changes resulting from these conflicts.
Sample 1
Utility Management. Utility Management refers to measures taken to improve or decrease the use of utilities (e.g. electricity, hot water, natural gas and water)
Sample 1

Related to Utility Management

  • Property Management Borrower will provide for professional management of the Mortgaged Property by the Property Manager at all times under a property management agreement approved by Lender in writing. Borrower will not surrender, terminate, cancel, modify, renew or extend its property management agreement, or enter into any other agreement relating to the management or operation of the Mortgaged Property with Property Manager or any other Person, or consent to the assignment by the Property Manager of its interest under such property management agreement, in each case without the consent of Lender, which consent will not be unreasonably withheld.

  • Utility Services Company agrees to pay the full cost and expense associated with its use of all utilities, including but not limited to water, sanitary sewer, electric, storm drainage, and telecommunication services.

  • Construction Management Landlord or its Affiliate or agent shall supervise the Work, make disbursements required to be made to the contractor, and act as a liaison between the contractor and Tenant and coordinate the relationship between the Work, the Building and the Building’s Systems. In consideration for Landlord’s construction supervision services, Tenant shall pay to Landlord a construction supervision fee equal to three percent (3%) of Tenant’s Costs specified in Section 7.

  • Virus Management Transfer Agent shall maintain a malware protection program designed to deter malware infections, detect the presence of malware within the Transfer Agent environment.

  • Property Management Agreement The Property Management Agreement is in full force and effect and, to Borrower's Knowledge, there are no defaults thereunder by any party thereto and no event has occurred that, with the passage of time and/or the giving of notice would constitute a default thereunder.

  • Property Management Fee For its services in managing the day-to-day operations of the Property in accordance with the terms of this Agreement, Company shall pay to Property Manager an annual property management fee (the “Property Management Fee”) equal to 4.0% of the Gross Revenue (as hereinafter defined). The Property Management Fee shall be prorated for any partial year and shall be payable in equal monthly installments, in advance. The Property Management Fee shall be payable on the first day of each month from the Operating Account or from other funds timely provided by the Company. Upon the expiration or earlier termination of this Agreement, the parties will prorate the Property Management Fee on a daily basis to the effective date of such expiration or termination. For purposes of this Agreement, the term “Gross Revenue” shall mean all gross collections from the operations of the Property, including, without limitation, rental receipts, late fees, application fees, pet fees, damages, lease buy-out payments, reimbursements by Tenants for common area expenses, operating expenses and taxes and similar pass-through obligations paid by Tenants, but shall expressly exclude (i) security deposits received from Tenants and interest accrued thereon for the benefit of the Tenants until such deposits or interest are included in the taxable income of the Company; (ii) advance rents (but not lease buy-out payments) until the month in which payments are to apply as rental income; (iii) reimbursements by Tenants for work done for a particular Tenant; (iv) proceeds from the sale or other disposition of all or any portion of the Property; (v) insurance proceeds received by the Company as a result of any insured loss (except proceeds from rent insurance or the excess of insurance proceeds for repairs over the actual costs of such repairs); (vi) condemnation proceeds not attributable to rent; (vii) capital contributions made by the Company; (viii) proceeds from capital, financing and any other transactions not in the ordinary course of the operation of the Property; (ix) income derived from interest on investments or otherwise; (x) abatement of taxes, awards arising out of takings by eminent domain and discounts and dividends on insurance policies; and (xi) rental concessions not paid by third parties.

  • ELECTRICAL SERVICES A. Landlord shall provide electric power for a combined load of 3.0 xxxxx per square foot of useable area for lighting and for office machines through standard receptacles for the typical office space.

  • Transportation Management Tenant shall fully comply with all present or future programs intended to manage parking, transportation or traffic in and around the Building, and in connection therewith, Tenant shall take responsible action for the transportation planning and management of all employees located at the Premises by working directly with Landlord, any governmental transportation management organization or any other transportation-related committees or entities.

  • Construction Management Fee The Construction Management Fee for the Project shall be either a ☒Lump Sum or ☐Not-To-Exceed Fee of Fifty-One Thousand, Four Hundred Fifty-Six Dollars and Twenty-Three Cents ($51,456.23). NOTE: Allowances will be on a Not-To-Exceed basis. All unused funds will be returned to the School District at the time of construction closeout. Fee will be paid only on cost of work for these items. Exhibit C- Project Assignment Page 2 of 4

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