Common use of Licenses and Authorizations Clause in Contracts

Licenses and Authorizations. A. The Property Manager shall obtain and keep in full force and effect all licenses, permits, consents and authorizations as may be necessary for the maintenance, operation, management, repair, servicing or occupancy of each Property. All of such licenses, permits, consents and authorizations shall be in the name of the applicable Owner Subsidiary, if required in writing by the Company. B. The Property Manager hall obtain and keep in full force and effect all real estate and business licenses and governmental authorizations, at the applicable Owner Subsidiary’s expense, (including qualifications to do business) as may be necessary for the proper performance by the Property Manager of its duties and obligations under this Property Management Agreement. All such licenses and authorizations shall be in the name of the Property Manager.

Appears in 4 contracts

Samples: Property Management Agreement (American Realty Capital - Retail Centers of America II, Inc.), Property Management Agreement (American Realty Capital - Retail Centers of America II, Inc.), Property Management Agreement (American Realty Capital - Retail Centers of America, Inc.)

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Licenses and Authorizations. A. The Property Manager shall obtain and keep in full force and effect all licenses, permits, consents and authorizations as may be necessary for the maintenance, operation, management, repair, servicing or occupancy of each the Property. All of such licenses, permits, consents and authorizations shall be in the name of the applicable Owner SubsidiaryCompany, if required in writing by the Company. B. The Property Manager hall shall obtain and keep in full force and effect all real estate and business licenses and governmental authorizations, at the applicable Owner SubsidiaryCompany’s expense, expense (including qualifications to do business) as may be necessary for the proper performance by the Property Manager of its duties and obligations under this Property Management Agreement. All such licenses and authorizations shall be in the name of the Property Manager.

Appears in 2 contracts

Samples: Property Management Agreement (Necessity Retail REIT, Inc.), Property Management Agreement (American Finance Trust, Inc)

Licenses and Authorizations. A. The Property Manager shall obtain and keep in full force and effect all licenses, permits, consents and authorizations as may be necessary for the maintenance, operation, management, repair, servicing or occupancy of each Property. All of such licenses, permits, consents and authorizations shall be in the name of the applicable Owner Subsidiary, if required in writing by the Company. B. The Property Manager hall obtain and keep in full force and effect all real estate and business licenses and governmental authorizations, at the applicable Owner Subsidiary’s expense, (including qualifications to do business) as may be necessary for the proper performance by the Property Manager of its duties and obligations under this Property Management Agreement. All such licenses and authorizations shall be in the name of the Property Manager.Property

Appears in 1 contract

Samples: Property Management Agreement (American Realty Capital - Retail Centers of America II, Inc.)

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Licenses and Authorizations. A. The Property Manager shall obtain and keep in full force and effect all licenses, permits, consents and authorizations as may be necessary for the maintenance, operation, management, repair, servicing or occupancy of each Property. All of such licenses, permits, consents and authorizations shall be in the name of the applicable Owner Subsidiary, if required in writing by the Company. B. The Property Manager hall shall obtain and keep in full force and effect all real estate and business licenses and governmental authorizations, at the applicable Owner Subsidiary’s expense, expense (including qualifications to do business) as may be necessary for the proper performance by the Property Manager of its duties and obligations under this Property Management Agreement. All such licenses and authorizations shall be in the name of the Property Manager.

Appears in 1 contract

Samples: Property Management Agreement (American Finance Trust, Inc)

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