Common use of BUILDING COMPLIANCE Clause in Contracts

BUILDING COMPLIANCE. Pinnacle does not assume and is given no responsibility for compliance of the Project or any building thereon or any equipment therein with the requirements of any building codes or with any statute, ordinance, law or regulation of any governmental body or of any public authority or official thereof having jurisdiction, except to notify Owner promptly or forward to Owner promptly any complaints, warnings, notices or summons received by Pinnacle relating to such matters. Owner authorizes Pinnacle to disclose the Ownership of the Project(s) to any such officials and agrees to indemnify and hold Pinnacle its representative, servants, and employees harmless of and from all loss, cost, expense and liability whatsoever which may be imposed by reason of any present or future violation or alleged violation of such laws, ordinances, statutes or regulations; provided, indemnity shall not be applicable if Pinnacle has actual knowledge of any such violation or alleged violation but fails to give notice to Owner, as provided under the terms and provisions of this Agreement.

Appears in 10 contracts

Samples: Property Management Agreement (Boston Capital Real Estate Investment Trust Inc), Property Management Agreement (Boston Capital Real Estate Investment Trust Inc), Management Agreement (Boston Capital Real Estate Investment Trust Inc)

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BUILDING COMPLIANCE. Pinnacle PINNACLE does not assume and is given no responsibility for compliance of the Project or any building thereon or any equipment therein with the requirements of any building codes or with any statute, ordinance, law or regulation of any governmental body or of any public authority or official thereof having jurisdiction, except to notify Owner promptly or forward to Owner promptly any complaints, warnings, notices or summons received by Pinnacle PINNACLE relating to such matters. Owner authorizes Pinnacle PINNACLE to disclose the Ownership of the Project(s) to any such officials and agrees to indemnify and hold Pinnacle PINNACLE its representative, servants, and employees harmless of and from all loss, cost, expense and liability whatsoever which may be imposed by reason of any present or future violation or alleged violation of such laws, ordinances, statutes or regulations; provided, indemnity shall not be applicable if Pinnacle PINNACLE has actual knowledge of any such violation or alleged violation but fails to give notice to Owner, as provided under the terms and provisions of this Agreement.

Appears in 1 contract

Samples: Property Management Agreement (Boston Capital Real Estate Investment Trust Inc)

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