Common use of Failure to Comply with Agreement Clause in Contracts

Failure to Comply with Agreement. If Owner fails to make payment to Manager of any amounts due Manager within five (5) days of written notice that the amounts are overdue, then the Manager may terminate this Agreement. If Owner fails to keep in force the insurance required under this Agreement, then the Manager may terminate this Agreement immediately by verbal or written notice.

Appears in 4 contracts

Samples: Management Agreement, Management Agreement, Property Management Agreement

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Failure to Comply with Agreement. If Owner fails to make payment to Manager of any amounts due Manager within five (5) days of written notice that the amounts are overdue, then the Manager may terminate this Agreement. If Owner fails to keep in force the insurance required under this Agreement, then the Manager may terminate this Agreement immediately by verbal or written notice.

Appears in 2 contracts

Samples: Property Management Agreement, Property Management Agreement

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