Accidents and Claims. The Manager shall promptly investigate and report in detail to the Owner all accidents, claims for damage relating to the ownership, operation or maintenance of the Properties, and any damage or destruction to the Properties and the estimated costs of repair thereof, and shall prepare for approval by the Owner all reports required by an insurance company in connection with any such accident, claim, damage, or destruction. Such reports shall be given to the Owner promptly and any report not so given within ten (10) days after the occurrence of any such accident, claim, damage or destruction shall be noted in the report delivered to the Owner pursuant to Section 2.5(b). The Manager is authorized to settle any claim against an insurance company arising out of any policy and, in connection with such claim, to execute proofs of loss and adjustments of loss and to collect and provide receipts for loss proceeds.
Appears in 35 contracts
Samples: Property Management and Leasing Agreement (American Realty Capital New York City REIT, Inc.), Property Management and Leasing Agreement (Healthcare Trust, Inc.), Property Management and Leasing Agreement (American Finance Trust, Inc)
Accidents and Claims. The Manager shall promptly investigate and shall report in detail to the Owner all accidents, claims for damage relating to the ownershipOwnership, operation or maintenance of the Properties, and any damage or destruction to the Properties and the estimated costs of repair thereof, and shall prepare for approval by the Owner all reports required by an insurance company in connection with any such accident, claim, damage, or destruction. Such reports shall be given to the Owner promptly promptly, and any report not so given within ten 10 (10ten) days after the occurrence of any such accident, claim, damage or destruction shall be noted in the report monthly operating statement delivered to the Owner pursuant to Section 2.5(b). The Manager is authorized to settle any claim against an insurance company arising out of any policy and, in connection with such claim, to execute proofs of loss and adjustments of loss and to collect and provide receipts receipt for loss proceeds.
Appears in 21 contracts
Samples: Property Management and Leasing Agreement (Behringer Harvard Opportunity REIT I, Inc.), Property Management and Leasing Agreement (Cole Credit Property Trust Inc), Property Management and Leasing Agreement (Behringer Harvard Opportunity REIT I, Inc.)
Accidents and Claims. The Manager shall promptly investigate and shall report in detail to the Owner all accidents, claims for damage relating to the ownershipOwnership, operation or maintenance of the Properties, and any damage or destruction to the Properties and the estimated costs of repair thereof, and shall prepare for approval by the Owner all reports required by an insurance company in connection with any such accident, claim, damage, or destruction. Such reports shall be given to the Owner promptly promptly, and any report not so given within ten thirty (1030) days after the occurrence of any such accident, claim, damage or destruction shall be noted in the report monthly operating statement delivered to the Owner pursuant to Section 2.5(b). The Manager is authorized to settle any claim against an insurance company arising out of any policy and, in connection with such claim, to execute proofs of loss and adjustments of loss and to collect and provide receipts receipt for loss proceeds.
Appears in 5 contracts
Samples: Property Management and Leasing Agreement (Carter Validus Mission Critical REIT, Inc.), Property Management and Leasing Agreement (Cole Credit Property Trust III, Inc.), Property Management and Leasing Agreement (Cole Credit Property Trust III, Inc.)
Accidents and Claims. The Manager shall promptly investigate and report in detail to the Owner all accidents, claims for damage relating to the ownership, operation or maintenance of the PropertiesProperty, and any damage or destruction to the Properties Property and the estimated costs of repair thereof, and shall prepare for approval by the Owner all reports required by an insurance company in connection with any such accident, claim, damage, or destruction. Such reports shall be given to the Owner promptly and any report not so given within ten (10) days after the occurrence of any such accident, claim, damage or destruction shall be noted in the report delivered to the Owner pursuant to Section 2.5(b). The Manager is authorized to settle any claim against an insurance company arising out of any policy and, in connection with such claim, to execute proofs of loss and adjustments of loss and to collect and provide receipts for loss proceeds.
Appears in 4 contracts
Samples: Property Management and Leasing Agreement (Healthcare Trust, Inc.), Property Management & Leasing Agreement (Healthcare Trust, Inc.), Property Management and Leasing Agreement (American Finance Trust, Inc)
Accidents and Claims. The Manager shall promptly investigate and shall report in detail to the Owner all accidents, claims for damage relating to the ownershipOwnership, operation or maintenance of the Properties, and any damage or destruction to the Properties and the estimated costs of repair thereof, and shall prepare for approval by the Owner all reports required by an insurance company in connection with any such accident, claim, damage, or destruction. Such reports shall be given to the Owner promptly promptly, and any report not so given within ten 30 (10thirty) days after the occurrence of any such accident, claim, damage or destruction shall be noted in the report monthly operating statement delivered to the Owner pursuant to Section 2.5(b). The Manager is authorized to settle any claim against an insurance company arising out of any policy and, in connection with such claim, to execute proofs of loss and adjustments of loss and to collect and provide receipts receipt for loss proceeds.
Appears in 4 contracts
Samples: Property Management & Real Estate (Cole Credit Property Trust II Inc), Property Management & Real Estate (Cole Credit Property Trust II Inc), Property Management & Real Estate (Cole Credit Property Trust II Inc)
Accidents and Claims. The Manager shall promptly investigate and shall report in detail to the Owner all accidents, claims for damage relating to the ownershipOwnership, operation or maintenance of the Properties, and any damage or destruction to the Properties and the estimated costs of repair thereof, and shall prepare for approval by the Owner all reports required by an insurance company in connection with any such accident, claim, damage, or destruction. Such reports shall be given to the Owner promptly promptly, and any report not so given within ten (10) 10 days after the occurrence of any such accident, claim, damage or destruction shall be noted in the report monthly operating statement delivered to the Owner pursuant to Section 2.5(b2.6(b)(ii). The Manager is authorized to settle any claim against an insurance company arising out of any policy and, in connection with such claim, to execute proofs of loss and adjustments of loss and to collect and provide receipts receipt for loss proceeds.
Appears in 2 contracts
Samples: Master Modification Agreement (Behringer Harvard Reit I Inc), Property Management and Leasing Agreement (Behringer Harvard Reit I Inc)
Accidents and Claims. The Manager shall promptly investigate and shall report in detail to the Owner all accidents, claims for damage relating to the ownership, operation or maintenance of the Properties, and any damage or destruction to the Properties and the estimated costs of repair thereof, and shall prepare for approval by the Owner all reports required by an insurance company in connection with any such accident, claim, damage, or destruction. Such reports shall be given to the Owner promptly promptly, and any report not so given within ten (10) 10 days after the occurrence of any such accident, claim, damage or destruction shall be noted in the report monthly operating statement delivered to the Owner pursuant to Section 2.5(b2.6(b)(ii). The Manager is authorized to settle any claim against an insurance company arising out of any policy and, in connection with such claim, to execute proofs of loss and adjustments of loss and to collect and provide receipts receipt for loss proceeds.
Appears in 2 contracts
Samples: Property Management and Leasing Agreement (Behringer Harvard Opportunity REIT II, Inc.), Property Management and Leasing Agreement (Behringer Harvard Opportunity REIT II, Inc.)
Accidents and Claims. The Manager shall promptly investigate and shall -------------------- report in detail to the Owner all accidents, claims for damage relating to the ownership, operation or maintenance of the Properties, and any damage or destruction to the Properties and the estimated costs of repair thereof, and shall prepare for approval by the Owner all reports required by an insurance company in connection with any such accident, claim, damage, or destruction. Such reports shall be given to the Owner promptly and any report not so given within ten (10) 10 days after the occurrence of any such accident, claim, damage or destruction shall be noted in the monthly report delivered to the Owner pursuant to Section section 2.5(b). The Manager is authorized to settle any claim against an insurance company arising out of any policy and, in connection with such claim, to execute proofs of loss and adjustments of loss and to collect and provide receipts receipt for loss proceeds.
Appears in 2 contracts
Samples: Property Management & Leasing Agreement (Wells Real Estate Fund Xiii L P), Property Management and Leasing Agreement (Wells Real Estate Investment Trust Inc)
Accidents and Claims. The Manager shall promptly investigate and shall report in detail to the Owner all accidents, claims for damage relating to the ownership, operation or maintenance of the Properties, and any damage or destruction to the Properties and the estimated costs of repair thereof, and shall prepare for approval by the Owner all reports required by an insurance company in connection with any such accident, claim, damage, or destruction. Such reports shall be given to the Owner promptly promptly, and any report not so given within ten 10 (10ten) days after the occurrence of any such accident, claim, damage or destruction shall be noted in the report monthly operating statement delivered to the Owner pursuant to Section 2.5(b). The Manager is authorized to settle any claim against an insurance company arising out of any policy and, in connection with such claim, to execute proofs of loss and adjustments of loss and to collect and provide receipts receipt for loss proceeds.
Appears in 2 contracts
Samples: Property Management and Leasing Agreement (Behringer Harvard Opportunity REIT II, Inc.), Property Management and Leasing Agreement (Behringer Harvard Opportunity REIT II, Inc.)
Accidents and Claims. The Manager shall promptly investigate and shall report in detail to the Owner all accidents, claims for damage relating to the ownership, operation or maintenance of the Properties, and any damage or destruction to the Properties and the estimated costs of repair thereof, and shall prepare for approval by the Owner all reports required by an insurance company in connection with any such accident, claim, damage, or destruction. Such reports shall be given to the Owner promptly promptly, and any report not so given within ten (10) days after the occurrence of any such accident, claim, damage or destruction shall be noted in the report monthly operating statement delivered to the Owner pursuant to Section 2.5(b2.6(b). The Manager is authorized to settle any claim against an insurance company arising out of any policy and, in connection with such claim, to execute proofs of loss and adjustments of loss and to collect and provide receipts receipt for loss proceeds.
Appears in 1 contract
Samples: Property Management and Leasing Agreement (Behringer Harvard Opportunity REIT I, Inc.)
Accidents and Claims. The Manager shall promptly investigate and shall report in detail to the Owner all accidents, claims for damage relating to the ownershipOwnership, operation or maintenance of the Properties, and any damage or destruction to the Properties and the estimated costs of repair thereof, and shall prepare for approval by the Owner all reports required by an insurance company in connection with any such accident, claim, damage, or destruction. Such reports shall be given to the Owner promptly promptly, and any report not so given within ten (10) days after the occurrence of any such accident, claim, damage or destruction shall be noted in the report monthly operating statement delivered to the Owner pursuant to Section 2.5(b). The Manager is authorized to settle any claim against an insurance company arising out of any policy and, in connection with such claim, to execute proofs of loss and adjustments of loss and to collect and provide receipts receipt for loss proceeds.
Appears in 1 contract
Samples: Property Management and Leasing Agreement (Behringer Harvard Short Term Opportunity Fund I Lp)