Common use of Obligations under Leases Clause in Contracts

Obligations under Leases. Asset Manager shall supervise and use its commercially reasonable efforts to cause the Partnership to perform and comply, duly and punctually, with all of the obligations required to be performed or complied with by the Partnership under all leases and all laws, statutes, ordinances, rules, permits and certificates of occupancy relating to the operation, leasing, maintenance and servicing of the Qualified Properties, including, without limitation, the timely payment by the Partnership of all sums required to be paid thereunder.

Appears in 2 contracts

Samples: Management Agreement (Lexington Realty Trust), Management Agreement (Lexington Corporate Properties Trust)

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Obligations under Leases. Asset Manager shall supervise and use its commercially reasonable efforts to cause the Partnership to perform and comply, duly and punctually, with all of the obligations required to be performed or complied with by the Partnership under all leases and all laws, statutes, ordinances, rules, permits and certificates of occupancy relating to the operation, leasing, maintenance and servicing of the Qualified PropertiesAssets, including, without limitation, the timely payment by the Partnership of all sums required to be paid thereunder.

Appears in 1 contract

Samples: Management Agreement (Lexington Master Limited Partnership)

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Obligations under Leases. Asset Manager shall supervise and use its commercially reasonable efforts to cause the Partnership Company to perform and comply, duly and punctually, with all of the obligations required to be performed or complied with by the Partnership Company under all leases and all laws, statutes, ordinances, rules, permits and certificates of occupancy relating to the operation, leasing, maintenance and servicing of the Qualified Properties, including, without limitation, the timely payment by the Partnership Company of all sums required to be paid thereunder.

Appears in 1 contract

Samples: Management Agreement (Lexington Corporate Properties Trust)

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