Common use of Agent’s Authority Clause in Contracts

Agent’s Authority. Agent shall collect (and give receipts for, if necessary) all rents, charges and other amounts receivable on Owner’s account in connection with the management and operation of the Premises. Such receipts (except tenant’s security deposits and advance rentals, which shall be handled as specified in paragraphs 2.2 and 3.3 hereof; and special charges, which shall be handled as specified in paragraphs 3.2 hereof) shall be deposited in the Operating (and/or) Reserve Account(s) maintained by Agent for the Premises.

Appears in 5 contracts

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

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Agent’s Authority. The Agent shall collect (and give receipts for, if necessary) all rents, charges and other amounts receivable on Ownerthe Landlord’s account in connection with the management and operation of the Premises. Such receipts (except tenant’s security deposits and advance rentals, which shall be handled as specified in paragraphs 2.2 and 3.3 hereof; and special charges, which shall be handled as specified in paragraphs 3.2 hereof) shall be deposited in the Operating (and/or) and/or Reserve Escrow Account(s) maintained by the Agent for the PremisesPremises (except for those funds described in Paragraphs 3 (C), 4 (B) and 4 (C) hereof).

Appears in 2 contracts

Samples: Management and Exclusive Rental Agreement, Management and Exclusive Rental Agreement

Agent’s Authority. Agent shall collect (and give receipts for, if necessary) all rents, charges and other amounts receivable on Owner’s account 's behalf in connection with the management and operation of the Premises. Such receipts (except tenant’s security deposits and advance rentals, which shall be handled as specified in paragraphs 2.2 and 3.3 hereof; and special charges, which shall be handled as specified in paragraphs 3.2 hereof) shall be deposited in the Operating (and/or) Reserve Account(s) Account maintained by Agent on behalf of Owner for the Premises.

Appears in 2 contracts

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

Agent’s Authority. The Agent shall collect (and give receipts for, if necessary) all rents, charges and other amounts receivable on Owner’s account behalf of the Landlord in connection with the management and operation of the Premises. Such receipts (except tenant’s security deposits and advance rentals, which shall be handled as specified in paragraphs 2.2 and 3.3 hereof; and special charges, which shall be handled as specified in paragraphs 3.2 hereof) shall be deposited in the Operating (and/or) and/or Reserve Escrow Account(s) maintained by the Agent for the PremisesPremises (except for those funds described in Paragraphs 3 (C), 4 (B) and 4 (C) hereof).

Appears in 2 contracts

Samples: Row Real Estate Services, Real Estate Services

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Agent’s Authority. Agent shall collect (and give receipts for, if necessary) all rents, charges and other amounts receivable on Owner’s account in connection with the management and operation of the Premises. Such receipts (except tenant’s tenants’ security deposits and advance rentals, which shall be handled as specified in paragraphs 2.2 2.3 and 3.3 hereof; and special charges, which shall be handled as specified in paragraphs paragraph 3.2 hereof) shall be deposited in the Operating (and/or) Reserve Account(s) maintained by Agent for the Premises.

Appears in 1 contract

Samples: Property Management Agreement

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