Common use of Compliance with Governmental Orders Clause in Contracts

Compliance with Governmental Orders. Agent will take such action as may be necessary to comply promptly with any and all governmental orders or other requirements affecting the Project, whether imposed by federal, state, county or municipal authority. Nevertheless, Agent shall take no such action so long as Owner is contesting, or has affirmed its intention to contest, any such order or requirement. Agent will notify Owner promptly in writing of all notices of such orders or other requirements.

Appears in 2 contracts

Samples: Property Management Agreement, Property Management Agreement

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Compliance with Governmental Orders. The Agent will take such action as may be necessary to comply promptly with any and all governmental orders or other requirements affecting the Project, whether imposed by federal, state, county or municipal authority. Nevertheless, the Agent shall take no such action so long as the Owner is contesting, or has affirmed its intention to contest, any such order or requirement. The Agent will notify Owner promptly the owner in writing of all notices of such orders or other requirements, within seventy-two (72) hours from the time of their receipt.

Appears in 1 contract

Samples: Senior Housing Management Agreement

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Compliance with Governmental Orders. The Agent will take such action as may be necessary to comply promptly with any and all governmental orders or other requirements affecting the Project, whether imposed by federal, state, county or municipal authority, subject however, to the limitations stated in paragraph IV D of this Agreement with respect to litigation and repairs. Nevertheless, the Agent shall take no such action so long as the Owner is contesting, or has affirmed its intention to contest, any such order or requirement. Agent will notify Owner promptly in writing of all notices of such governmental orders or other requirementsrequirements within seventy-two (72) hours from the time of their receipt.

Appears in 1 contract

Samples: Management Agreement

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