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Common use of EXPENSE PAYMENTS Clause in Contracts

EXPENSE PAYMENTS. The Owner hereby gives power to the Manager to pay expenses and costs for the Property from the Owner’s funds held by the Manager, unless otherwise directed by the Owner. The expenses and costs may include, but are not limited to, property management compensation, fees and charges, expenses for goods and services, property taxes and other taxes, association or condominium dues, assessments, loan payments, and insurance premiums.

Appears in 27 contracts

Samples: Property Management Agreement, Property Management Agreement, Property Management Agreement

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EXPENSE PAYMENTS. The Owner hereby gives power to the Property Manager to pay expenses and costs for the Property Premises from the Owner’s funds held by the Property Manager, unless otherwise directed by the Owner. The expenses and costs may include, but are not limited to, property management compensation, fees and charges, expenses for goods and services, property taxes and other taxes, association or condominium dues, assessments, loan payments, and insurance premiums.

Appears in 1 contract

Samples: Property Management Agreement

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