Building Management. The Properties shall be managed by Landlord; provided that for so long as Tenant’s Occupancy Percentage at a Property shall be equal to or greater than ninety (90%), after consultation with Landlord to review Landlord’s property management qualifications and pricing, Tenant may in its sole discretion elect, on a Property by Property basis, to cause such Property to be submanaged by a qualified property submanager designated by Tenant (any such submanager, a “Tenant Designated Submanager”), who shall provide on-site and supervisory property management services for Landlord, Tenant and any third party tenants and other occupants at such Property (any Property with a Tenant Designated Submanager, a “Tenant Managed Property”). At all Properties that are not Tenant Managed Properties, Landlord shall provide on-site and supervisory property management services either through an Affiliate of Landlord or through a qualified third party property submanager designated by Landlord (any such Landlord Affiliate or submanager, a “Landlord Designated Submanager”). Landlord shall be and remain responsible for disbursement of Operating Expense and Real Estate Tax payments at all Properties, including Tenant Managed Properties. Notwithstanding the foregoing, (a) Landlord shall not select a Landlord Designated Submanager for whom Tenant has a reasonable objection, (b) Tenant shall not select a Tenant Designated Submanager for whom Landlord has a reasonable objection, (c) if a Landlord Designated Submanager persistently fails to perform its property management duties in a timely, complete and professional manner that is consistent with the highest level of property management services provided at Comparable Buildings, Tenant may cause such non-performing Landlord Designated Submanager to be replaced by a Tenant Designated Submanager, in which event, at Tenant’s election, the Property or Properties at which such replacement occurs shall become Tenant Managed Property and (d) if a Tenant Designated Submanager persistently fails to perform its property management duties in a timely, complete and professional manner that is consistent with the highest level of property management services provided at Comparable Buildings, Landlord may cause such non-performing Tenant Designated Submanager to be replaced by a Landlord Designated Submanager, in which event, at Landlord’s election, the Property or Properties at which such replacement occurs shall no longer be Tenant Managed Properti...
Building Management. (a) The Purchaser acknowledges and agrees that it is intended by the Seller that the Building Owners Association/Owners Committee shall be formed in accordance with the Applicable Law presently the Law no. 6 of 2019 in respect of the Building. The Building Management Statement shall detail the matters relating to the Management of the Building after Completion.
(b) Upon Registration of the transfer of the Unit from the Seller to the Purchaser, the Purchaser, as Unit Owner, shall be a member of the Building Owners Association and, together with all Unit Owners, shall be bound by the terms of the Building JOPD prepared by the Seller in accordance with the Jointly Owned Property Law and the Applicable Law.
(c) The Purchaser is solely liable for and must pay all Building Service Charges and other outgoings that may be levied by the Building Manager in accordance with the Applicable Law issued by any Relevant Authority (or the Seller on their behalf) on or with respect to the Unit from the Completion Date.
Building Management. Tenant’s requirements will be attended to only upon appropriate application to the Building management office by an authorized individual. Employees of Landlord shall not perform any work or do anything outside of their regular duties unless under special instructions from Landlord, and no employee of Landlord will admit any person (Tenant or otherwise) to any office without specific instructions from Landlord.
Building Management. (a) During any period during the Term (each such period, a “Landlord Management Period”) that is not a Tenant Management Period, Landlord, subject to and in accordance with the provisions of Section 3.6(b) hereof, shall appoint a property management company (each, a “Landlord Appointed Property Manager”) to manage the Property. During any period during the Term that is a Tenant Management Period, Tenant, subject to and in accordance with the provisions of Section 3.6(c) hereof, shall itself be the property manager of the Property. The term “Property Manager” shall mean (i) during any Landlord Management Period, the Landlord Appointed Property Manager and (ii) during any Tenant Management Period, Tenant.
Building Management. These premises are managed by the Hamline University Office of Resi- dential Life (651-523-2061), located in West Hall 110 on the Hamline University St. Xxxx Campus. Residential Life has designated Area Coor- dinators for the Residence Halls; however, other Hamline University staff including all Residential Life professional and paraprofessional staff may perform functions of the Area Coordinator should the need arise.
Building Management. University housing is managed by Hamline University through its Office of Residential Life (651-523- 2061), located in West Hall room 110 on the Hamline University St. Xxxx Campus. Residential Life has designated Area Coordinators for the Residence Halls to assist you, and other University Staff, including all Residential Life professional and paraprofessional staff, who may perform functions of the Area Coordinator, should the need arise. The University has designated its General Counsel, who is located at 0000 Xxxxxx Xxxxxx, MS-C1909, St. Xxxx, MN 55104, as its agent to accept service of process and legal notices.
Building Management. The Property shall be managed, operated and maintained with reasonable professional skill and by appropriately trained personnel. The Developer shall cooperate in good faith with the City in addressing property maintenance and law enforcement issues and other matters of mutual concern.
Building Management and Engineering will manage all electrical distribution requirements. All electrical distribution installations and/or changes must be specified and approved in advance by Building Management.
Building Management. (a) The Purchaser acknowledges and agrees that it is intended by the Seller that the Building Owners Association shall be formed in accordance with the Jointly Owned Property Law in respect of the Building.
(b) Upon Registration of the transfer of the Unit from the Seller to the Purchaser, the Purchaser, as Unit Owner, shall be a member of the Building Owners Association (once legally formed) and, together with all Unit Owners, shall be bound by the terms of the Building JOPD prepared by the Seller in accordance with the Jointly Owned Property Law).
(c) The Purchaser agrees that when a person or entity becomes a Unit Owner, it shall automatically become a member of the Building Owners Association, and when it ceases to be a Unit Owner it shall automatically cease to be a member of the Building Owners Association but shall, subject to the Jointly Owned Property Law, continue to be jointly and severally liable with its heirs, personal representatives, successors and/or permitted assigns for the due performance of its obligations pursuant to the Building JOPD until any procedures provided in or by the Building Owners Association, the Building JOPD and/or this Agreement in respect of the transfer of the Unit Owner’s interest in the Unit are fully complied with.
(d) The Purchaser acknowledges and agrees that, notwithstanding that the risk of possession of the Unit shall transfer to the Purchaser on the Completion Date, up to and until Actual Completion the Purchaser is not the Unit Owner of the Unit nor a member of the Building Owners Association and shall not be entitled to vote in any resolution or otherwise be involved in the affairs of the Building Owners Association.
(e) Notwithstanding clause 7.2 (d), the Purchaser is solely liable for and must pay all Building Service Charges and other outgoings that may be levied by the Building Owners Association, the Master Developer and/or any Relevant Authority (or the Seller on their behalf) on or with respect to the Unit from the Completion Date.
Building Management. Any management agreement shall provide that the management agent shall operate the Building in a first-class institutional manner and in the most cost-effective manner possible, so as to minimize operating expenses, consistent with providing quality services.
