Common use of Duties of Owner Clause in Contracts

Duties of Owner. Owner’s duties and obligations shall include the following: (a) In the event any governmental agency, authority or department should order the repair, alteration or removal of any structure or matter on any Property, and if, after written notice of the same to Owner from such body, Owner fails to authorize Manager or others to make such repairs, alterations or removal, Manager shall be released from any responsibility in connection therewith, and shall not be answerable to such body for any and all penalties and fines whatsoever imposed because of such failure on Owner’s part. (b) Owner agrees to fund the Central Account as required under this Agreement and reimburse Manager to the full extent of all monies advanced by Manager with Owner’s approval or at Owner’s direction in carrying out the purpose of this Agreement; provided, however, that nothing contained herein shall oblige Manager to make such advances.

Duties of Owner. Owner’s duties and obligations shall include the following: (a) In the event any governmental agency, authority or department should order the repair, alteration or removal of any structure or matter on any Property, and if, after written notice of the same to Owner from such body, Owner fails to authorize Manager or others to make such repairs, alterations or removal, Manager shall be released from any responsibility in connection therewith, and shall not be answerable to such body for any and all penalties and fines whatsoever imposed because of such failure on Owner’s part. (b) Owner agrees to fund the Central Account as required under this Agreement and reimburse Manager to the full extent of all monies advanced by Manager with Owner’s approval or at Owner’s direction in carrying out the purpose of this Agreement; provided, however, that nothing contained herein shall oblige Manager to make such advances.with