Common use of Execution of Leases and Contracts Clause in Contracts

Execution of Leases and Contracts. All leases and related lease documents, all service contracts and all purchases, and all legal documentation related thereto, are to be in the name of Owner in the form prescribed by Owner and shall be executed by Owner, with the exception of contracts permitted under Section 6.4 hereof and of purchase orders related to the purchase of items within approved budgets, which may be executed by Manager. Additionally, Manager shall execute on behalf of Owner such service agreements as Owner may authorize from time to time.

Appears in 7 contracts

Samples: Property Management and Leasing Agreement (Hines Global REIT, Inc.), Property Management and Leasing Agreement (Hines Global REIT, Inc.), Property Management and Leasing Agreement (Hines Real Estate Investment Trust Inc)

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