Common use of Appointment of Property Manager Clause in Contracts

Appointment of Property Manager. (a) Owner hereby engages and retains Property Manager as the sole and exclusive manager of each Property for which a Property Addendum is executed with respect to the property management function to perform such functions as are specified herein and/or on the Property Addendum related to each such Property. Property Manager hereby accepts such appointment. (b) Owner hereby engages and retains Property Manager as the sole and exclusive leasing agent for the leasing of all space in each Property for which a Property Addendum is executed with respect to the leasing agent function as well as for obtaining ground leases on any outparcels. Property Manager shall perform such functions as are specified herein and/or on the Property Addendum related to each such Property. Property Manager hereby accepts such appointment. (c) Owner hereby engages and retains Property Manager as the sole and exclusive construction manager of each Property for which a Property Addendum is executed with respect to the construction management function to perform such functions as are specified herein and/or on the Property Addendum related to such Property. Property Manager hereby accepts such appointment. (d) Property Manager shall act under this Agreement as an independent contractor and not as Owner’s agent or employee. Property Manager shall not have the right, power or authority to enter into agreements or incur liability on behalf of Owner except as expressly set forth herein or in a Property Addendum. Any action taken by Property Manager which is not expressly permitted by this Agreement shall not bind Owner.

Appointment of Property Manager. (a) Owner hereby engages and retains Property Manager as the sole and exclusive manager of each Property for which a Property Addendum is executed with respect to the property management function to perform such functions as are specified herein and/or on the Property Addendum related to each such Property. Property Manager hereby accepts such appointment. (b) Owner hereby engages and retains Property Manager as the sole and exclusive leasing agent for the leasing of all space in each Property for which a Property Addendum is executed with respect to the leasing agent function as well as for obtaining ground leases on any outparcels. Property Manager shall perform such functions as are specified herein and/or on the Property Addendum related to each such Property. Property Manager hereby accepts such appointment. (c) Owner hereby engages and retains Property Manager as the sole and exclusive construction manager of each Property for which a Property Addendum is executed with respect to the construction management function to perform such functions as are specified herein and/or on the Property Addendum related to such Property. Property Manager hereby accepts such appointment. (d) Property Manager shall act under this Agreement as an independent contractor and not as the Owner’s agent or employee. Property Manager shall not have the right, power or authority to enter into agreements or incur liability on behalf of the Owner except as expressly set forth herein or in a Property Addendum. Any action taken by Property Manager which is not expressly permitted by this Agreement shall not bind the Owner.

Appointment of Property Manager. (a) Owner hereby engages and retains Property Manager as the sole and exclusive manager of each Property for which a Property Addendum is executed with respect to the property management function to perform such functions as are specified herein and/or on the Property Addendum related to each such Property. Property Manager hereby accepts such appointment. (b) Owner hereby engages and retains Property Manager as the sole and exclusive leasing agent for the leasing of all space in each Property for which a Property Addendum is executed with respect to the leasing agent function as well as for obtaining ground leases on any outparcels. Property Manager shall perform such functions as are specified herein and/or on the Property Addendum related to each such Property. Property Manager hereby accepts such appointment. (c) Owner hereby engages and retains Property Manager as the sole and exclusive construction and development manager of each Property for which a Property Addendum is executed with respect to the construction and development management function to perform such functions as are specified herein and/or on the Property Addendum related to such Property. Property Manager hereby accepts such appointment. (d) Property Manager shall act under this Agreement as an independent contractor and not as the Owner’s agent or employee. Property Manager shall not have the right, power or authority to enter into agreements or incur liability on behalf of the Owner except as expressly set forth herein or in a Property Addendum. Any action taken by Property Manager which is not expressly permitted by this Agreement shall not bind the Owner.