Common use of General Duties and Authority Clause in Contracts

General Duties and Authority. Manager shall have the sole and exclusive duty and authority to fully manage the Property and supervise and direct the business and affairs associated or related to the daily operation thereof, to collect on behalf of Owner all revenues related to the Property, to pay on behalf of Owner all expenses of the Property (including payment of all debt service to Lender, as hereinafter defined) and to execute on behalf of Owner such documents and instruments as, in the sole judgment of Manager, are reasonably necessary or advisable under the circumstances in order to fulfill Manager's duties hereunder. Such duties and authority shall include, without limitation, those set forth below.

Appears in 2 contracts

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

AutoNDA by SimpleDocs

General Duties and Authority. Manager shall have the sole and exclusive duty and authority to fully manage the Property and supervise and direct the business and affairs associated or related to the daily operation thereof, to collect on behalf of Owner all revenues related to the Property, to pay on behalf of Owner all expenses of the Property (including payment of all debt service to Lender, as hereinafter definedthe mortgage lender with respect to the Property and any other debt owed by Owner to any other lender or payee) and to execute on behalf of Owner such documents and instruments as, in the sole judgment of Manager, are reasonably necessary or advisable under the circumstances in order to fulfill Manager's duties hereunder. Such duties and authority shall include, without limitation, those set forth below.

Appears in 2 contracts

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

General Duties and Authority. Manager shall have the sole and exclusive duty and authority to fully manage the Property and supervise and direct the business and affairs associated or related to the daily operation thereof, to collect on behalf of Owner all revenues related to the Property, to pay on behalf of Owner all expenses of the Property (including payment of all debt service to Lender, as hereinafter definedthe mortgage lender with respect to the Property) and to execute on behalf of Owner such documents and instruments as, in the sole judgment of Manager, are reasonably necessary or advisable under the circumstances in order to fulfill Manager's duties hereunder. Such duties and authority shall include, without limitation, those set forth below.

Appears in 2 contracts

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

General Duties and Authority. Manager shall have the sole and exclusive duty and authority to fully manage the Property and supervise and direct the business and affairs associated or related to the daily operation thereof, to collect on behalf of Owner Tenant all revenues related to the Property, to pay on behalf of Owner Tenant all expenses of the Property (including payment of all debt service rent and additional rent to Lender, as hereinafter definedLessor) and to execute on behalf of Owner Tenant such documents and instruments as, in the sole judgment of Manager, are reasonably necessary or advisable under the circumstances in order to fulfill Manager's ’s duties hereunder. Such duties and authority shall include, without limitation, those set forth below.. (b)

Appears in 1 contract

Samples: Management Agreement

General Duties and Authority. Manager shall have the sole and exclusive duty and authority to fully manage the Property and supervise and direct the business and affairs associated or related to the daily operation thereof, to collect on behalf of Owner Tenant all revenues related to the Property, to pay on behalf of Owner Tenant all expenses of the Property (including payment of all debt service rent and additional rent to Lender, as hereinafter definedLessor) and to execute on behalf of Owner Tenant such documents and instruments as, in the sole judgment of Manager, are reasonably necessary or advisable under the circumstances in order to fulfill Manager's duties hereunder. Such duties and authority shall include, without limitation, those set forth below.

Appears in 1 contract

Samples: PMSR Agreement (U Haul International Inc)

AutoNDA by SimpleDocs

General Duties and Authority. Manager shall have the sole and exclusive duty and authority to fully manage the Property and supervise and direct the business and affairs associated or related to the daily operation thereof, to collect on behalf of Owner Tenant all revenues related to the Property, to pay on behalf of Owner Tenant all expenses of the Property (including payment of all debt service rent and additional rent to Lender, as hereinafter definedLessor) and to execute on behalf of Owner Tenant such documents and instruments as, in the sole judgment of Manager, are reasonably necessary or advisable under the circumstances in order to fulfill Manager's ’s duties hereunder. Such duties and authority shall include, without limitation, those set forth below.

Appears in 1 contract

Samples: Property Management Agreement (U Haul International Inc)

General Duties and Authority. Manager shall have the sole and exclusive duty and authority to fully manage the Property and supervise and direct the business and affairs associated or related to the daily operation thereof, to collect on behalf of Owner all revenues related to the Property, to pay on behalf of Owner all expenses of the Property (including payment of all debt service to Lender, as hereinafter definedthe mortgage lender with respect to the Property and any other debt owed by Owner to any other lender or payee) and to execute on behalf of Owner such documents and instruments as, in the sole judgment of Manager, are reasonably necessary or advisable under the circumstances in order to fulfill Manager's duties hereunder. Such duties and authority shall include, without limitation, those set forth below.. (b)

Appears in 1 contract

Samples: Management Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.