PROPERTY MANAGEMENT COMPANY Sample Clauses

PROPERTY MANAGEMENT COMPANY which Borrower certifies has adequate training, experience and capacity to manage this Project, will be the Property Manager for the Project. Borrower will not change Property Manager without the prior written notification to the CDD, subject to City approval. SAMPLE
Sample 1Sample 2Sample 3See All (6)
AutoNDA by SimpleDocs
PROPERTY MANAGEMENT COMPANY. Nothing in this Article 13 or in this Declaration shall preclude or be interpreted as precluding the Association from retaining a "managing agent" within the meaning of Section 1363.1 of the California CIVIL CODE, as it may be amended or replaced from time to time. In the event the Association so retains such a "managing agent", then the "managing agent" and the Association shall make all arrangements necessary or proper to ensure that funds accepted or received by the "managing agent" and belonging to the Association are deposited and handled in compliance with Section 1363.2 of the California CIVIL CODE, as it may be amended or replaced from time to time. The Association may retain the Declarant or an affiliate of the Declarant as managing agent.
Sample 1Sample 2Sample 3See All (5)
PROPERTY MANAGEMENT COMPANY. In this Agreement, it refers to the property management company that has signed a property management contract with the owner(s) of the factory district where the factory for lease is located, which shall be responsible for the property management of the said factory district.
Sample 1Sample 2Sample 3
PROPERTY MANAGEMENT COMPANY. The property management company, if any, of the Leased Property is as follows: Company: Manager: Address:
Sample 1Sample 2
PROPERTY MANAGEMENT COMPANY. 397 The property management company, if any, of the Leased Property is as follows: ______________________________________________________________________________________ 398 Company: Parks Property Management, LLC _______________________________________________________________________________________ 399 Manager: Xxxxxx Xxxxxxx ________________________________________________________________________________________ ____________________________________ 400 Address:8119 Xxxxxxxx Xxxx, Suite 105, Brentwood TN 37027 401 402 Telephone Number: 000-000-0000 ____________________________________
Sample 1
PROPERTY MANAGEMENT COMPANY. 1. A copy of your professional or business license or bank reference information. (Please use Worksheet on reverse side to provide required information)
Sample 1
PROPERTY MANAGEMENT COMPANY. (a) Landlord will, subject to Tenant’s approval, which shall not be unreasonably withheld, conditioned or delayed, select an initial property management firm for the Building (a “Manager”) which is a Qualified Manager (as defined below), to be retained by Landlord for an initial term commencing on the date of Substantial Completion and tender of possession of the first phase of the Premises and ending one (1) year after the Rent Commencement Date for the final phase of the Premises (the “PM Term”). The property management agreement pursuant to which Manager is retained (the “Management Agreement”) shall, at a minimum, incorporate the property management specifications attached as (or, if Exhibit I is a form of property management agreement, the property management specifications incorporated within the form agreement attached as) Exhibit I to this Agreement (the “Property Management Specifications”), and shall otherwise be subject to Tenant’s approval, which shall not be unreasonably withheld, conditioned or delayed. Provided Tenant is leasing 100% of the Rentable Area of the Building, in the event Tenant has notified Landlord in writing, with reasonable specificity, during the PM Term, of the failure of Manager (or any successor property management company) to meet any material requirement set forth within the Management Agreement, which failure has not been remedied by Manager (or such successor property management company) within the applicable cure period provided for in the Management Agreement, Tenant shall have the right, upon not less than thirty (30) day’s prior written notice, to require the Landlord to terminate the Management Agreement for cause and replace Manager (or such successor property management company) with another third party management company mutually and reasonably acceptable to both Landlord and Tenant and which is a Qualified Manager. Landlord shall have the right from time to time, upon thirty (30) days prior notice to Tenant, to change the identity of the property management company for the Project to any property management company which is a Qualified Manager, provided that if Tenant is leasing one hundred percent (100%) of the Building, such replacement shall be permitted solely for cause, and the replacement property manager shall be subject to Tenant’s reasonable consent, but must be a Qualified Manager. The term “
Sample 1
AutoNDA by SimpleDocs
PROPERTY MANAGEMENT COMPANY. Landlord shall hire a property management firm to manage and operate the Property that is either affiliated with Landlord or is experienced in the third-party management and operation of similar office buildings.
Sample 1
PROPERTY MANAGEMENT COMPANY. A. Property Management Company has the responsibility for keeping the building well− maintained and attractive. It is desirable for property owner and residents to show pride in the community by caring for the building to maintain the Fourth Quarter Apartments property in the best possible condition.
Sample 1

Related to PROPERTY MANAGEMENT COMPANY

  • 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.

  • Property Manager Any entity that has been retained to perform and carry out property rental, leasing, operation and management services at one or more of the Properties, excluding persons, entities or independent contractors retained or hired to perform facility management or other services or tasks at a particular Property.

  • 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.

  • Asset Management Services (i) Real Estate and Related Services:

  • Investment Company; Public Utility Holding Company Neither the Company nor any Subsidiary is an "investment company" or a company "controlled" by an "investment company" within the meaning of the Investment Company Act of 1940, as amended, or a "public utility holding company" within the meaning of the Public Utility Holding Company Act of 1935, as amended.

  • 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.

  • Asset Management Supplier will: i) maintain an asset inventory of all media and equipment where Accenture Data is stored. Access to such media and equipment will be restricted to authorized Personnel; ii) classify Accenture Data so that it is properly identified and access to it is appropriately restricted; iii) maintain an acceptable use policy with restrictions on printing Accenture Data and procedures for appropriately disposing of printed materials that contain Accenture Data when such data is no longer needed under the Agreement; iv) maintain an appropriate approval process whereby Supplier’s approval is required prior to its Personnel storing Accenture Data on portable devices, remotely accessing Accenture Data, or processing such data outside of Supplier facilities. If remote access is approved, Personnel will use multi-factor authentication, which may include the use of smart cards with certificates, One Time Password (OTP) tokens, and biometrics.

  • The Management Agreement Borrower shall use commercially reasonable efforts to cause Manager to manage the Property in accordance with the Management Agreement. Borrower shall (a) diligently perform and observe all of the material terms, covenants and conditions of the Management Agreement on the part of Borrower to be performed and observed, (b) promptly notify Agent of any notice to Borrower or Manager of any default by Borrower in the performance or observance of any material terms, covenants or conditions of the Management Agreement on the part of Borrower to be performed and observed, and (c) promptly deliver to Agent a copy of all material notices received by it (including, without limitation, any notices relating to the Ground Lease, the Reciprocal Easement and any Joint Manager (as defined in the Reciprocal Easement Agreement) and, upon request by Agent, any other financial statement, business plan, capital expenditures plan, report and estimate received by it under the Management Agreement (but excluding any immaterial general correspondence and internal discussion drafts of any such plans, reports or estimates); and (iv) promptly enforce the performance and observance of all of the material covenants required to be performed and observed by Manager under the Management Agreement. If Borrower shall default in the performance or observance of any material term, covenant or condition of the Management Agreement on the part of Borrower to be performed or observed, then, without limiting Agent’s other rights or remedies under this Agreement or the other Loan Documents, and without waiving or releasing Borrower from any of its obligations hereunder or under the Management Agreement, Agent shall have the right, but shall be under no obligation, to pay any sums and to perform any act as may be appropriate to cause all the material terms, covenants and conditions of the Management Agreement on the part of Borrower to be performed or observed.

  • Real Property Holding Company The Company is not a real property holding company within the meaning of Section 897 of the Code.

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