COMPLAINTS AND NOTICES. The Property Manager shall promptly handle complaints and requests from tenants, concessionaires and licensees. The Property Manager shall notify the Company promptly of: (A) any notice received by the Property Manager or known to the Property Manager of violation of any governmental requirements (and make recommendations regarding compliance therewith); (B) any notice received by the Property Manager or known to the Property Manager of violation of covenants, conditions and restrictions affecting any Property or noncompliance with loan documents affecting any Property, if any; (C) any fire, accident or other casualty or damage to any Property; (D) any condemnation proceedings, rezoning or other governmental order, lawsuit or threat thereof involving any Property known to the Property Manager; (E) any violations relative to the leasing, use, repair and maintenance of any Property under governmental laws, rules, regulations, ordinances or like provisions known to the Property Manager; or (F) any violation of any insurance requirement of which the Property Manager has actual knowledge. The Property Manager shall promptly deliver to the Company copies of any documentation in its possession relating to such matters. The Property Manager shall keep the Company reasonably informed of the status of the particular matter through the final resolution thereof. In the event the Property Manager becomes aware of any fire or other damage to any Property or violation or alleged violation of laws respecting hazardous materials, the Property Manager shall immediately give telephonic notice thereof to the Company. The Property Manager shall complete all necessary and customary loss reports in connection with any fire or other damage to any Property. The Property Manager shall retain in the records it maintains for each Property copies of all supporting documentation with reference to such notices.
Appears in 6 contracts
Samples: Property Management Agreement (American Realty Capital - Retail Centers of America II, Inc.), Property Management Agreement (American Finance Trust, Inc), Property Management Agreement (American Realty Capital - Retail Centers of America II, Inc.)
COMPLAINTS AND NOTICES. The Property Manager shall promptly handle complaints and requests from tenants, concessionaires and licensees. The Property Manager shall notify the Company promptly of: (A) any notice received by the Property Manager or known to the Property Manager of violation of any governmental requirements (and make recommendations regarding compliance therewith); (B) any notice received by the Property Manager or known to the Property Manager of violation of covenants, conditions and restrictions affecting any the Property or noncompliance with loan documents affecting any the Property, if any; (C) any fire, accident or other casualty or damage to any the Property; (D) any condemnation proceedings, rezoning or other governmental order, lawsuit or threat thereof involving any the Property known to the Property Manager; (E) any violations relative to the leasing, use, repair and maintenance of any the Property under governmental laws, rules, regulations, ordinances or like provisions known to the Property Manager; or (F) any violation of any insurance requirement of which the Property Manager has actual knowledge. The Property Manager shall promptly deliver to the Company copies of any documentation in its possession relating to such matters. The Property Manager shall keep the Company reasonably informed of the status of the particular matter through the final resolution thereof. In the event the Property Manager becomes aware of any fire or other damage to any the Property or violation or alleged violation of laws respecting hazardous materials, the Property Manager shall immediately give telephonic notice thereof to the Company. The Property Manager shall complete all necessary and customary loss reports in connection with any fire or other damage to any the Property. The Property Manager shall retain in the records it maintains for each the Property copies of all supporting documentation with reference to such notices.
Appears in 2 contracts
Samples: Property Management Agreement (Necessity Retail REIT, Inc.), Property Management Agreement (American Finance Trust, Inc)