Expenditures for Emergencies. Notwithstanding anything contained herein to the contrary, in case of emergency, Manager may make expenditures for repairs and other items which exceed approved budgets or prior approvals from Owner without prior written approval if in the reasonable judgment of Manager it is necessary to prevent damage or injury. Owner must be informed of any such expenditures before the end of the next business day.
Appears in 6 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)
Expenditures for Emergencies. Notwithstanding anything contained herein to the contrary, in case of emergency, Manager may make expenditures for repairs and other items which exceed approved budgets or prior approvals from Owner without prior written approval if in the reasonable judgment of Manager it is necessary to prevent damage preserve the safety of the Premises or injurythe safety of the tenants or other occupants of the Premises, or to avoid the suspension of any necessary service to the Premises. Owner must be informed of any such expenditures before the end of the next business day.
Appears in 2 contracts
Samples: Property Management and Leasing Agreement (Hines Global Reit Ii, Inc.), Property Management and Leasing Agreement (Hines Global Reit Ii, Inc.)
Expenditures for Emergencies. Notwithstanding anything contained herein to the contrary, in case of emergency, Manager may make expenditures for repairs and other items which exceed approved budgets or prior approvals from Owner without prior written approval if necessary in the reasonable judgment of Manager it is necessary Manager, to prevent damage or injury. Owner must be informed of any such expenditures before the end of the next business day.
Appears in 1 contract
Samples: Property Management and Leasing Agreement (Hines Real Estate Investment Trust Inc)