Collection of Rents and Other Income. Unless otherwise required by any Loan Documents, Property Manager shall xxxx all Tenants for, when appropriate, and shall use commercially reasonable efforts to collect, all rent and other charges due and payable from all Tenants. Property Manager shall have the authority to use all commercially reasonable methods to collect such rent and other charges due, including, without limitation, pursuing litigation against any Tenant. Property Manager shall deposit all monies so collected in the Operating Account.
Appears in 18 contracts
Samples: Property Management Agreement, Property Management Agreement (Strategic Realty Trust, Inc.), Property and Asset Management Agreement (Strategic Realty Trust, Inc.)
Collection of Rents and Other Income. Unless otherwise required by any Loan Documents, Property Manager shall xxxx bxxx all Tenants for, when appropriate, and shall use commercially reasonable efforts to collect, all rent and other charges due and payable from all Tenants. Property Manager shall have the authority to use all commercially reasonable methods to collect such rent and other charges due, including, without limitation, pursuing litigation against any Tenant. Property Manager shall deposit all monies so collected in the Operating Account.
Appears in 17 contracts
Samples: Property and Asset Management Agreement (TNP Strategic Retail Trust, Inc.), Property and Asset Management Agreement (TNP Strategic Retail Trust, Inc.), Property and Asset Management Agreement (TNP Strategic Retail Trust, Inc.)
Collection of Rents and Other Income. Unless otherwise required by any Loan Documents, Property Manager shall xxxx all Tenants for, when appropriate, tenants and shall use its commercially reasonable efforts to collect, collect all rent and other charges due and payable from all Tenants. Property Manager shall have any tenant or from others for services provided in connection with the authority to use all commercially reasonable methods to collect such rent and other charges due, including, without limitation, pursuing litigation against any TenantProperty. Property Manager shall deposit all monies so collected in the Operating Account. Each of the Tenants in Common shall be entitled to the income and revenue from any Property based on their undivided interests in the Property.
Appears in 2 contracts
Samples: Management Agreement (NNN 2002 Value Fund LLC), Management Agreement (NNN 2002 Value Fund LLC)
Collection of Rents and Other Income. Unless otherwise required by any Loan Documents, Property Manager shall xxxx all Tenants for, when appropriate, Tenant and shall use its commercially reasonable efforts to collect, collect all rent and other charges due and payable from all Tenants. Property Manager shall have any tenant or from others for services provided in connection with the authority to use all commercially reasonable methods to collect such rent and other charges due, including, without limitation, pursuing litigation against any TenantProperty. Property Manager shall deposit all monies so collected in the Operating Account.
Appears in 1 contract
Samples: Management Agreement (Grubb & Ellis Healthcare REIT, Inc.)
Collection of Rents and Other Income. Unless otherwise required by any Loan Documents, The Property Manager shall xxxx all Tenants for, when appropriate, tenants and shall use its commercially reasonable efforts to collect, collect all rent and other charges due and payable from all Tenantsany tenant or from others for services provided in connection with the Property and agrees to abide fully by the terms of any Cash Management Agreement between the Tenants in Common, Property Manager and Lender (as hereafter defined). The Property Manager shall have hold in trust all monies collected from the authority to use all commercially reasonable methods to collect such rent tenants and other charges due, including, without limitation, pursuing litigation against any Tenant. Property Manager shall deposit all monies so collected in the Operating Account, unless otherwise required by the loan documents affecting the Property.
Appears in 1 contract
Samples: Property Management Agreement
Collection of Rents and Other Income. Unless otherwise required by any Loan DocumentsDocuments affecting the Project, Property Manager shall xxxx all Tenants for, when appropriate, tenants and shall use its commercially reasonable efforts to collect, collect all rent and other charges due and payable from all Tenants. Property Manager shall have any tenant or from others for services provided in connection with the authority to use all commercially reasonable methods to collect such rent and other charges due, including, without limitation, pursuing litigation against any TenantProject. Property Manager shall deposit all monies so collected in the Operating Account.Account (as defined in Section 6.1
Appears in 1 contract
Collection of Rents and Other Income. Unless otherwise required by any Loan Documents, The Property Manager shall xxxx bill all Tenants for, when appropriate, tenants and shall use its commercially reasonable efforts to collect, collect all rent and other charges due and payable from all Tenantsany tenant or from others for services provided in connection with the Property. The Property Manager shall have the authority to use all commercially reasonable methods to collect such distribute rent and other charges due, including, without limitation, pursuing litigation against any Tenantfees to Property Owner monthly in accordance with this Agreement. The Property Manager shall deposit all monies so collected in the Operating AccountAccount as defined in Section 5.1.
Appears in 1 contract
Samples: Property Management Agreement