Authority of Property Manager. Upon the approval of any item by the Tenants in Common pursuant to Sections 2.2 and 2.3 of the Tenants in Common Agreement, the Property Manager shall have the power and authority to act on behalf of the Tenants in Common with respect to such items.
Appears in 2 contracts
Samples: Property and Asset Management Agreement (Behringer Harvard Reit I Inc), Property and Asset Management Agreement (Behringer Harvard Reit I Inc)
Authority of Property Manager. Upon the approval of any item by the Tenants in Common pursuant to Sections 2.2 1.2.1 and 2.3 of the Tenants in Common Agreement1.2.2 above, the Property Manager shall have the power and authority to act on behalf of the Tenants in Common with respect to such items.
Appears in 2 contracts
Samples: Property and Asset Management Agreement (Behringer Harvard Reit I Inc), Property Management Agreement (Behringer Harvard Reit I Inc)
