Common use of AGENT ASSUMES NO LIABILITY Clause in Contracts

AGENT ASSUMES NO LIABILITY. Agent assumes no liability whatsoever for any acts or omissions of Owner, or any previous owners of the Premises, or any previous management or other agent of either. Agent assumes no liability for any failure of or default by any tenant in the payment of any rent or other charges due Owner or in the performance of any obligations owed by any tenant to Owner pursuant to any lease or otherwise. Nor does Agent assume any liability for previously unknown violations of environmental or other regulations which may become known during the period this Agreement is in effect. Any such regulatory violations or hazards discovered by Agent shall be brought to the attention of Owner in writing, and Owner shall promptly cure them.

Appears in 6 contracts

Samples: Property Management Agreement, Property Management Agreement, Property Management Agreement

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AGENT ASSUMES NO LIABILITY. Agent assumes no liability whatsoever for any acts or omissions of Owner, or any previous owners of the PremisesProject, or any previous management or other agent of either. Agent assumes no liability for of any failure of or default by any tenant in the payment of any rent or other charges due Owner or in the performance of any obligations owed by any tenant to Owner pursuant to any lease or otherwise. Nor does Agent assume any liability for previously unknown violations of environmental or other regulations which may become known during the period this Agreement is in effect. Any such regulatory violations or hazards discovered by Agent shall be brought to the attention of Owner in writing, and Owner shall then promptly notify Agent following Owner's due investigation of such violation or hazard of the appropriate course of action to be undertaken by Owner to cure themsuch violation or hazard.

Appears in 1 contract

Samples: Housing Management Agreement (NHP Inc)

AGENT ASSUMES NO LIABILITY. Agent assumes no liability whatsoever for any acts or omissions of Owner, or any previous owners of the Premises, or any previous management or other agent of either. Agent assumes no liability for any failure of or default by any tenant in the payment of any rent or other charges due Owner or in the performance of any obligations owed owned by any tenant to Owner pursuant to any lease or otherwise. Nor does Agent assume any liability for previously unknown violations of environmental or other regulations which may become known during the period this Agreement is in effect. Any such regulatory violations or hazards discovered by Agent shall be brought to the attention of Owner in writing, and Owner shall promptly cure them.

Appears in 1 contract

Samples: Management Agreement (Bluerock Residential Growth REIT, Inc.)

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AGENT ASSUMES NO LIABILITY. Agent assumes no liability whatsoever for any acts or omissions of Owner, or any previous owners of the Premises, or any previous management or other agent of either. Agent assumes no liability for any failure of or default by any tenant in the payment of any rent or other charges due Owner or in the performance of any obligations owed by any tenant to Owner pursuant to any lease or otherwise. Nor does Agent assume any liability for previously unknown violations of environmental or other regulations which may become known during the period this Agreement is in effecteffect. Any such regulatory violations or hazards discovered by Agent shall be brought to the attention of Owner in writing, and Owner shall promptly cure them.

Appears in 1 contract

Samples: Property Management Agreement

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