Owner Obligations definition

Owner Obligations. Owner agrees to: pay all mortgage obligations, real estate taxes, property assessments, association fees, and expenses associated with the Unit, content and liability insurance as they become due. pay for all charges in connection with installation, connection, and/or initiation of telephone, electricity, gas (when needed), water, cable TV, and any other relevant service providers in connection therewith. pay all costs involved in obtaining a license for short-term rental of the unit along with all expenses incurred in bringing unit up to standard required for obtaining a license for short term rental. execute a limited power of attorney in the form attached hereto as Exhibit A naming RHN as Owner’s attorney-in-fact for the purposes stated therein, including, but not limited to giving RHN the right to evict Guests who refuse or fail to adhere to the rules and regulations of the resort where the Unit is located or those guest who are in breach of their Agreement with RHN.
Owner Obligations shall have the meaning given in Paragraph 3.1(b) of Schedule 12.11 hereof.
Owner Obligations. Owner will timely provide at Owner’s expense, and is solely responsible throughout performance of the specified work for: (a) unobstructed access to the worksite; (b) removal of any existing hazardous materials or other environmental hazards; (c) identification of private utility connections and locations and arranging for any relocation of utilities; (d) providing electricity, water and toilet facilities for use by Seamless; (e) secure storage for Seamless materials and equipment necessary to complete work; (f) removal and protection of Owner’ s personal property, (g) allowing Seamless to manage and conduct work in accordance with the terms of this contract without undue interference, provided, however, that Owner is encouraged to discuss issues relating to the specified work with Seamless for such purpose; and (h) obtaining all necessary government permits, approvals, or inspections that may be required for the specified work.

Examples of Owner Obligations in a sentence

  • Property Owner Obligations The Anabec products are not an alternative to good housekeeping and maintenance practices and it is the property owner’s obligation to insure there are no pipe leaks, high humidity levels, moisture intrusion, etc.

  • MAINTENANCE 39 10.1 Connecting Transmission Owner Obligations 39 10.2 Developer Obligations 39 10.3 Coordination.

  • Assignor retains all Grassland Owner Obligations under the PIA with respect to any portion of the Property or Property Interest that is not conveyed, transferred, or granted that the Assignor continues to own.

  • Assignor hereby assigns and transfers to Assignee all of the Grassland Owner Obligations with respect to the interest in the Property or Property Interest that is conveyed, transferred, or granted to Assignee.

  • Unauthorized Use and Owner Obligations In the event that you suffer a loss through unauthorized transactions on your Accounts, you must report the matter to Libro immediately by calling your Branch or Libro Connect.

  • Local Authority Obligations Base Cost to Local Authority for Use of Property Maintenance Food Occupied Area Cleaning Common Area Cleaning Waste Management Clean Linens Laundry Service Parking Security Utilities Modifications Other Local Authority Obligations Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Property Owner Obligations Maintenance Cost to Local Auth.

  • Assignor hereby assigns and transfers to Assignee all of the Forest Owner Obligations with respect to the interest in the Property or Property Interest that is conveyed, transferred, or granted to Assignee.

  • Owner Obligations Regarding Mold Upon written notification of Resident, Owner shall within a reasonable time, repair water leaks in the apartment, provided such leaks are not caused by the misuse of or the neglect of Resident, or any Occupant, guest, or invitees of the Resident, or by any violation of the Lease or this Mold Addendum by Resident, or any Occupant, guests, or invitees of Resident.

  • MAINTENANCE 38 10.1 Connecting Transmission Owner Obligations 38 10.2 Developer Obligations 38 10.3 Coordination.

  • Notwithstanding anything to the contrary set forth in this Section 3.29, each Party acknowledges that such Party’s performance of the Generator Operator Obligations or Generator Owner Obligations may not satisfy the requirements for self-certification or compliance with the NERC Reliability Standards, and that it shall be the sole responsibility of each Party to implement the processes and procedures required by NERC, WECC, or the CAISO in order to comply with the NERC Reliability Standards.

Related to Owner Obligations

  • Seller Obligations means all present and future indebtedness, reimbursement obligations, and other liabilities and obligations (howsoever created, arising or evidenced, whether direct or indirect, absolute or contingent, or due or to become due) of the Seller to any Purchaser Party, Seller Indemnified Party and/or any Affected Person, arising under or in connection with this Agreement or any other Transaction Document or the transactions contemplated hereby or thereby, and shall include, without limitation, all obligations of the Seller in respect of the Seller Guaranty and the payment of all Capital, Yield, Fees and other amounts due or to become due under the Transaction Documents (whether in respect of fees, costs, expenses, indemnifications or otherwise), including, without limitation, interest, fees and other obligations that accrue after the commencement of any Insolvency Proceeding with respect to the Seller (in each case whether or not allowed as a claim in such proceeding).

  • Borrower Obligations the collective reference to the unpaid principal of and interest on the Loans and Reimbursement Obligations and all other obligations and liabilities of the Borrower (including, without limitation, interest accruing at the then applicable rate provided in the Credit Agreement after the maturity of the Loans and Reimbursement Obligations and interest accruing at the then applicable rate provided in the Credit Agreement after the filing of any petition in bankruptcy, or the commencement of any insolvency, reorganization or like proceeding, relating to the Borrower, whether or not a claim for post-filing or post-petition interest is allowed in such proceeding) to the Administrative Agent or any Lender (or, in the case of any Hedge Agreement referred to below, any Affiliate of any Lender), whether direct or indirect, absolute or contingent, due or to become due, or now existing or hereafter incurred, which may arise under, out of, or in connection with, the Credit Agreement, this Agreement, the other Loan Documents, any Letter of Credit or any Hedge Agreement entered into by the Borrower with any Lender (or any Affiliate of any Lender) or any other document made, delivered or given in connection therewith, in each case whether on account of principal, interest, reimbursement obligations, fees, indemnities, costs, expenses or otherwise (including, without limitation, all fees and disbursements of counsel to the Administrative Agent or to the Lenders that are required to be paid by the Borrower pursuant to the terms of any of the foregoing agreements).

  • Loan Obligations means (a) the due and punctual payment by the Borrower of (i) the unpaid principal of and interest (including interest accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding) on the Loans made to the Borrower under this Agreement, when and as due, whether at maturity, by acceleration, upon one or more dates set for prepayment or otherwise, (ii) each payment required to be made by the Borrower under this Agreement in respect of any Letter of Credit, when and as due, including payments in respect of reimbursement of disbursements, interest thereon (including interest accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding) and obligations to provide Cash Collateral and (iii) all other monetary obligations of the Borrower owed under or pursuant to this Agreement and each other Loan Document, including obligations to pay fees, expense reimbursement obligations and indemnification obligations, whether primary, secondary, direct, contingent, fixed or otherwise (including monetary obligations incurred during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding), and (b) the due and punctual payment of all obligations of each other Loan Party under or pursuant to each of the Loan Documents.

  • Refunded Obligations means, collectively, the Refunded Notes, if any, and the Refunded Bonds, if any, refunded by each Series.

  • Relevant Obligations means the Obligations constituting Bonds and Loans of the Reference Entity outstanding immediately prior to the effective date of the Succession Event, excluding any debt obligations outstanding between the Reference Entity and any of its Affiliates, as determined by the Calculation Agent. The Calculation Agent will determine the entity which succeeds to such Relevant Obligations on the basis of the Best Available Information. If the date on which the Best Available Information becomes available or is filed precedes the legally effective date of the relevant Succession Event, any assumptions as to the allocation of obligations between or among entities contained in the Best Available Information will be deemed to have been fulfilled as of the legally effective date of the Succession Event, whether or not this is in fact the case.

  • Senior Obligations is defined in Section 5.1 of this Agreement.

  • Repurchase Obligations shall have the meaning specified in Section 7(b).

  • Subordinate Obligations means, collectively, the Subordinate Notes and any Other Subordinate Obligations.

  • Existing Obligations means the “Obligations” as defined in the Existing Credit Agreement.

  • Safety Obligations means all applicable obligations concerning health and safety (including any duty of care arising at common law, and any obligation arising under statute, statutory instrument or mandatory code of practice) in Great Britain;

  • Junior Obligations means the Junior Obligations of the Guarantor and the Junior Obligations of the Issuer;