Common use of LESSOR'S Administrative Services Clause in Contracts

LESSOR'S Administrative Services. LESSOR agrees to provide certain administrative services to assist LESSEE in the performance of LESSEE'S obligations under Paragraphs 7, 8.2, 8.3 and 10 of the Lease in consideration for LESSEE'S monthly payment of an administrative fee to LESSOR of three percent (3%) of the Base Rent per month ("Administrative Fee"). Such Administrative Fee shall be payable as a part of the Operating Expenses payable by LESSEE. LESSOR'S administrative services shall consist of the following: LESSOR shall procure, on behalf of LESSEE, maintenance contracts required to be procured by LESSEE under Paragraph 7.1(b) of the Lease, and shall otherwise procure bids and contract proposals from contractors when necessary for LESSEE'S performance of its general maintenance and repair obligations under Paragraph 7.1 (a) of the Lease. 5.

Appears in 1 contract

Samples: www.sec.gov

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LESSOR'S Administrative Services. LESSOR agrees to provide certain -------------------------------- administrative services to assist LESSEE in the performance of LESSEE'S 's obligations under Paragraphs 7, 8.2, 8.3 and 10 of the Lease in consideration for LESSEE'S 's monthly payment of an administrative fee to LESSOR of three two percent (32%) of the Base Rent per month ("Administrative Fee"). Such Administrative Fee shall be payable as a part of the Operating Expenses payable by LESSEE. LESSOR'S 's administrative services shall consist of the following: LESSOR shall procure, on behalf of LESSEE, maintenance contracts required to be procured by LESSEE under Paragraph 7.1(b) of the Lease, and shall otherwise procure bids and contract proposals from contractors when necessary for LESSEE'S 's performance of its general maintenance and repair obligations under Paragraph 7.1 (a) of the Lease. 5.7.1(a)

Appears in 1 contract

Samples: Callaway Golf Co /Ca

LESSOR'S Administrative Services. LESSOR agrees to provide certain administrative services to assist LESSEE in the performance of LESSEE'S 's obligations under Paragraphs 7, 8.2, 8.3 and 10 of the Lease in consideration for LESSEE'S 's monthly payment of an administrative fee to LESSOR of three two percent (32%) of the Base SF Rate Rent per month ("Administrative Fee"). Such Administrative Fee shall be payable as a part of the Operating Expenses payable by LESSEE. LESSOR'S 's administrative services shall consist of the following: LESSOR shall procure, on behalf of LESSEE, maintenance contracts required to be procured by LESSEE under Paragraph 7.1(b) of the Lease, and shall otherwise procure bids and contract proposals from contractors when necessary for LESSEE'S 's performance of its general maintenance and repair obligations under Paragraph 7.1 (a) of the Lease. 5.7.1(a)

Appears in 1 contract

Samples: Aetrium Inc

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LESSOR'S Administrative Services. LESSOR agrees to provide certain administrative services to assist LESSEE in the performance of LESSEE'S obligations under Paragraphs 7, 8.2, 8.3 and 10 of the Lease in consideration for LESSEE'S monthly payment of an administrative fee to LESSOR of three percent (3%) of the Base Rent per month ("Administrative Fee"). Such Administrative Fee shall be payable as a part of the Operating Expenses payable by LESSEE. LESSOR'S administrative services shall consist of the following: LESSOR shall procure, on behalf of LESSEE, maintenance contracts required to be procured by LESSEE under Paragraph 7.1(b) of the Lease, and shall otherwise procure bids and contract proposals from contractors when necessary for LESSEE'S performance of its general maintenance and repair obligations under Paragraph 7.1 (a) of the Lease. 5.

Appears in 1 contract

Samples: American Consolidated Management Group Inc

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