Common use of Acts of Tenants and Third Parties Clause in Contracts

Acts of Tenants and Third Parties. In no event shall Manager have any liability to Owner or others for any acts of vandalism, trespass or criminal activity of any kind by tenants or third parties on or with respect to the Property and Owner’s insurance shall be primary insurance without right of subrogation against Manager regarding claims arising out of or resulting from acts of vandalism, trespass or criminal activity.

Appears in 41 contracts

Samples: Property Management Agreement (Steadfast Apartment REIT, Inc.), Property Management Agreement (Steadfast Apartment REIT, Inc.), Property Management Agreement (Steadfast Apartment REIT, Inc.)

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Acts of Tenants and Third Parties. In no event other than gross negligence shall Manager have any liability to Owner or others for any acts of vandalism, trespass or criminal activity of any kind by tenants or third parties on or with respect to the Property and Owner’s insurance shall be primary insurance without right of subrogation against Manager regarding claims arising out of or resulting from acts of vandalism, trespass or criminal activity.

Appears in 10 contracts

Samples: Property Management Agreement (Steadfast Income REIT, Inc.), Property Management Agreement (Steadfast Apartment REIT III, Inc.), Property Management Agreement (Steadfast Apartment REIT III, Inc.)

Acts of Tenants and Third Parties. In no event shall Manager have any liability to Owner or others for any acts of vandalism, trespass or criminal activity of any kind by tenants or third parties on or with respect to the Property and Owner’s 's insurance shall be primary insurance without right of subrogation against Manager regarding claims arising out of or resulting from acts of vandalism, trespass or criminal activity.. Section 3.8

Appears in 3 contracts

Samples: Management Agreement (Steadfast Income REIT, Inc.), Property Management Agreement (Steadfast Apartment REIT, Inc.), Property Management Agreement (Steadfast Apartment REIT, Inc.)

Acts of Tenants and Third Parties. In no event shall Manager have any liability to Owner or others for any acts of vandalism, trespass or criminal activity of any kind by tenants or third parties on or with respect to the Property and Owner’s 's insurance shall be primary insurance without right of subrogation against Manager regarding claims arising out of or resulting from acts of vandalism, trespass or criminal activity.. 7

Appears in 2 contracts

Samples: Management Agreement (Steadfast Income REIT, Inc.), Property Management Agreement (Steadfast Apartment REIT, Inc.)

Acts of Tenants and Third Parties. In no event shall Manager have any liability to Owner or others for any acts of vandalism, trespass or criminal activity of any kind by tenants or third parties on or with respect to the Property and Owner’s Owner"s insurance shall be primary insurance without right of subrogation against Manager regarding claims arising out of or resulting from acts of vandalism, trespass or criminal activity.. Section 3.8

Appears in 1 contract

Samples: Management Agreement (Steadfast Apartment REIT, Inc.)

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Acts of Tenants and Third Parties. In no event shall Manager have any liability to Owner or others for any acts of vandalism, trespass or criminal activity of any kind by tenants or third parties on or with respect to the Property Property, and Owner’s insurance shall be primary insurance without right of subrogation against Manager regarding claims arising out of or resulting from acts of vandalism, trespass or criminal activity.

Appears in 1 contract

Samples: Form of Property Management Agreement (Steadfast Apartment REIT, Inc.)

Acts of Tenants and Third Parties. In no event shall Manager have any liability to Owner or others for any acts of vandalism, . trespass or criminal activity of any kind by tenants or third parties on or with respect to the Property and Owner’s Owner"s insurance shall be primary insurance without right of subrogation against Manager regarding claims arising out of or resulting from acts of vandalism, trespass or criminal activity.. Section 3.8

Appears in 1 contract

Samples: Property Management Agreement (Steadfast Apartment REIT, Inc.)

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