Compliance with Governmental Orders. The Agent will take such actions as may be necessary to comply promptly with any and all statutes, laws, ordinances, codes, regulations, and any and all governmental orders or other requirements affecting the Project, whether imposed by federal, state, county or municipal authority, subject, however, to the limitation stated in Subsection 8e with respect to repairs. Nevertheless, the Agent shall take no such action as long as the Owner is contesting, or has affirmed its intention to contest, any such order or requirement. The Agent will notify the Owner in writing of all notices of such orders or other requirements within 72 hours from the time of their receipt.
Appears in 1 contract
Samples: Management Agreement
Compliance with Governmental Orders. The Agent will take such actions action as may be necessary to comply promptly with any and all statutes, laws, ordinances, codes, regulations, and any and all governmental orders or other requirements affecting the ProjectDevelopment, whether imposed by federal, state, county or municipal authority, subject, however, to the limitation stated in Subsection 8e 8.e. with respect to repairs. NeverthelessExcept for orders or requirements of MaineHousing , the Agent shall take no such action as so long as the Owner Developer is contesting, or has affirmed its intention to contest, any such order or requirement. The Agent will notify the Owner Developer in writing of all notices of such orders or other requirements requirements, within 72 seventy-two (72) hours from the time of their receipt.
Appears in 1 contract
Samples: Management Agreement
Compliance with Governmental Orders. The Agent Agent, acting on behalf of the Owner, will take such actions as may be necessary to comply promptly with any and all statutes, laws, ordinances, codes, regulations, and any and all governmental orders or other requirements affecting the Project, whether imposed by federalFederal, state, county or municipal authority, subject, however, to the limitation stated in Subsection 8e 10E above, with respect to repairs. Nevertheless, the Agent shall will take no such action as so long as the Owner is contesting, or has affirmed its intention to contest, any such order or requirementrequirements. The Agent will notify the Owner in writing of all notices of such orders or other requirements within 72 seventy-two (72) hours from the time of their receipt.
Appears in 1 contract
Compliance with Governmental Orders. The Agent will take such actions as may be necessary to comply promptly with any and all statutes, laws, ordinances, codes, regulations, and any and all governmental orders or other requirements affecting the Project, Project whether imposed by federalFederal, stateState, county County or municipal Municipal authority, subject, however, to the limitation stated limitations contained in Subsection 8e this Agreement with respect to repairs. Nevertheless, the Agent shall take no such action as so long as the Owner is XXXX XXXXX contesting, or has affirmed its intention to contest, any such order or requirement. The Agent will notify the Owner in writing of all notices of such orders or other requirements requirements, within 72 seventy-two (72) hours from the time of their receipt.
Appears in 1 contract
Samples: Property Management Agreement (Krupp Realty LTD Partnership V)
Compliance with Governmental Orders. The Agent will take such ----------------------------------- actions as may be necessary to comply promptly with any and all statutes, laws, ordinances, codes, regulations, and any and all governmental orders or other requirements affecting the Project, whether imposed by federal, state, county or municipal authority, subject, however, to the limitation stated in Subsection 8e 11(e) with respect to repairs. Nevertheless, the Agent shall take no such action as so long as the Owner is contesting, or has affirmed its intention to contest, any such order or requirement. The Agent will notify the Owner in writing of all notices of such orders or other requirements within 72 seventy-two (72) hours from the time of their receiptAgent's receipt of such notices.
Appears in 1 contract
Samples: Housing Management Agreement (American Community Properties Trust)