LEASE MANAGEMENT Sample Clauses
The Lease Management clause outlines the procedures and responsibilities related to the administration and oversight of a lease agreement. It typically specifies how the landlord and tenant will handle routine communications, address maintenance requests, and manage compliance with lease terms throughout the duration of the lease. By clearly defining these processes, the clause helps ensure smooth day-to-day operations and minimizes misunderstandings between the parties, thereby promoting effective management of the leased property.
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LEASE MANAGEMENT. The overall supervision and monitoring of compliance with lease specifications shall be the responsibility of the Lessee. The Lessee will address and resolve concerns or questions regarding this Agreement or operation of the leased vehicles with the Lessor. This Agreement or any part thereof may be renegotiated in circumstances where changes are required by federal law or regulations, state law or regulations, court orders or actions, or when the parties agree that a new lease would better meet their needs than existing terms and conditions of this lease. Any revisions to this lease must be agreed to by both parties, as evidenced by an addendum signed by the authorized representative of each party and approved by the Department.
LEASE MANAGEMENT. (i) The Owner Participant shall collect insurance certificates and other notices or documents from the Lessee as and when required to be provided under the Lease, and shall otherwise administer the Lease in accordance with its terms in accordance with the Standard of Care. As used in this Section 9(j), “Standard of Care” shall mean reasonable care and diligence consistent with the customary commercial practices of the Owner Participant or its Affiliates that it applies under similar circumstances with respect to other aircraft owned by the Owner Participant or its Affiliates. Notwithstanding the foregoing, the Owner Participant will have no obligation to otherwise monitor performance by the Lessee of its obligations under the Lease, perform inspections or repossess or remarket the Aircraft or any other Collateral in the case of a default under the Lease.
LEASE MANAGEMENT a. Manage and enforce all tenant leases and rental agreements, and lead negotiations of lease renewals and extensions as they arise; and
b. Financial management of all rents and other receivables.
LEASE MANAGEMENT. The LESSEE must personally use the Leased Premises and may not, under any circumstances, place its business operated in the Leased Premises under lease management, under penalty of nullity of the lease management granted in violation of this clause, even the termination of the Lease, at the discretion of the LESSOR.
LEASE MANAGEMENT. The Owner hereby authorizes the Agent to initiate, sign, renew, modify, or cancel rental agreements and leases for the Property, or any part thereof and collect and provide receipts for rents, fees, charges, and Security Deposits in accordance with the below sections.
LEASE MANAGEMENT. Lessee shall not place all or part of its business assets under lease-management without Lessor’s prior express agreement.
LEASE MANAGEMENT. 1) The Leasing Agent shall perform all managerial and administrative functions necessary for the continued operation and leasing of the containers, including, but not limited to, arranging for periodic inspection, maintenance and repair of the containers and keeping records of the location and operation of the containers.
2) The Leasing Agent shall ▇▇▇▇ all lessees for lease payments due under the leases, and collect all amounts due pursuant to the terms of the leases. The Leasing Agent shall transmit to CAY, for deposit in such account or accounts designated by CAY weekly, or at more frequent intervals as the Leasing Agent is instructed by CAY. The Leasing Agent acknowledges that all revenues collected by it from the lease of containers for and on behalf of CAY are for the exclusive benefit of CAY. The Leasing Agent shall follow such credit policies with respect to the lease of containers, as it shall establish from time to time.
3) In performing its managerial and administrative functions pursuant to this Agreement, the Leasing Agent shall manage and lease containers on behalf of the container owners without preference to the ownership thereof. The primary factor that the Leasing Agent will take into account in leasing containers in times of low demand and excess supply will be the locations and availability for lease of equipment relative to the demand therefore.
LEASE MANAGEMENT. The Director of the ▇▇▇▇▇▇▇▇ County Department of Parks, Recreation and Community Facilities or his/her designee (the “Director”) will oversee the day- to-day management of this Lease. The Tenant shall comply with the Director’s reasonable requests, so long as they are not inconsistent with the provisions of this Lease.
LEASE MANAGEMENT. 10.1 Dilapidations The Tenant will be obliged to keep the Property fully repaired and decorated at all times. Should the Property fall into disrepair the Landlord will have the right to require the Tenant to put the Property into repair and if this is not actioned the Landlord will have a right to enter the Property and carry out any repairs and recover the costs from the Tenant as a debt.
LEASE MANAGEMENT. The State shall review the Lessee’s plans, related materials, or inspections required by the Lease, including but not limited to any documents or reports required by CEQA. Reviewing costs shall include, but not be limited to, actual costs for staff time, and, to the extent applicable, time spent by consultants hired by the State, for review of:
1. Lessee’s compliance with the MMP, part of the FEIR. The State shall review the Lessee’s annual summary reports.
2. Information related to sea-level rise vulnerability, structural integrity, and adaptation capacity of the Lease Premises (as defined in the Lease) and the facilities therein. Information shall include, but is not limited to, mean high-tide line and topographic surveys.
3. Other submittals as required by the Lease.