Common use of Limitation of Recourse Clause in Contracts

Limitation of Recourse. 14 Section 9.15 Counterpart..................................... 14 TABLE OF CONTENTS Page ii EXHIBIT "A" - Legal Description EXHIBIT "B" - On-Site Computer Systems EXHIBIT "C" - Manager's Insurance EXHIBIT "D" - Owner's Insurance TABLE OF CONTENTS Page iii PROPERTY MANAGEMENT AND LEASING AGREEMENT THIS PROPERTY MANAGEMENT AND LEASING AGREEMENT (this "AGREEMENT") is made as of November 22, 2004, by and between EDUCATION REALTY OPERATING PARTNERSHIP, LP, a Delaware limited partnership (together with its successors and assigns, herein referred to as "OWNER") and JPI MANAGEMENT SERVICES, L.P., a Delaware limited partnership (herein referred to as "MANAGER") to become effective on the Effective Date as defined herein.

Limitation of Recourse. 14 Section 9.15 Counterpart..................................... ....................................... 14 TABLE OF CONTENTS Page ii EXHIBIT "A" - Legal Description EXHIBIT "B" - On-Site Computer Systems EXHIBIT "C" - Manager's Insurance EXHIBIT "D" - Owner's Insurance TABLE OF CONTENTS Page iii PROPERTY MANAGEMENT AND LEASING AGREEMENT THIS PROPERTY MANAGEMENT AND LEASING AGREEMENT (this "AGREEMENT") is made as of November 22, 2004, by and between EDUCATION REALTY OPERATING PARTNERSHIP, LP, a Delaware limited partnership (together with its successors and assigns, herein referred to as "OWNER") and JPI MANAGEMENT SERVICES, L.P., a Delaware limited partnership (herein referred to as "MANAGER") to become effective on the Effective Date as defined herein.

Limitation of Recourse. 14 Section 9.15 Counterpart..................................... ...................................... 14 TABLE OF CONTENTS Page ii EXHIBIT "A" - Legal Description EXHIBIT "B" - On-Site Computer Systems EXHIBIT "C" - Manager's Insurance EXHIBIT "D" - Owner's Insurance TABLE OF CONTENTS Page iii PROPERTY MANAGEMENT AND LEASING AGREEMENT THIS PROPERTY MANAGEMENT AND LEASING AGREEMENT (this "AGREEMENT") is made as of November 22, 2004, by and between EDUCATION REALTY OPERATING PARTNERSHIP, LP, a Delaware limited partnership (together with its successors and assigns, herein referred to as "OWNER") and JPI MANAGEMENT SERVICES, L.P., a Delaware limited partnership (herein referred to as "MANAGER") to become effective on the Effective Date as defined herein.

Limitation of Recourse. 14 15 Section 9.15 Counterpart..................................... 14 .............................................................................. 15 TABLE OF CONTENTS Page ii EXHIBIT "A" - Legal Description EXHIBIT "B" - On-Site Computer Systems EXHIBIT "C" - Manager's Insurance EXHIBIT "D" - Owner's Insurance TABLE OF CONTENTS Page iii PROPERTY MANAGEMENT AND LEASING AGREEMENT THIS PROPERTY MANAGEMENT AND LEASING AGREEMENT (this "AGREEMENT") is made as of November 22[MONTH] [DAY], 2004[YEAR], by and between EDUCATION REALTY OPERATING PARTNERSHIP, LP, a Delaware limited partnership (together with its successors and assigns, herein referred to as "OWNER") and JPI MANAGEMENT SERVICES, L.P., a Delaware limited partnership (herein referred to as "MANAGER") to become effective on the Effective Date as defined herein.

Limitation of Recourse. 14 Section 9.15 Counterpart..................................... ........................................ 14 TABLE OF CONTENTS Page ii EXHIBIT "A" - Legal Description EXHIBIT "B" - On-Site Computer Systems EXHIBIT "C" - Manager's Insurance EXHIBIT "D" - Owner's Insurance TABLE OF CONTENTS Page iii PROPERTY MANAGEMENT AND LEASING AGREEMENT THIS PROPERTY MANAGEMENT AND LEASING AGREEMENT (this "AGREEMENT") is made as of November 22, 2004, by and between EDUCATION REALTY OPERATING PARTNERSHIP, LP, a Delaware limited partnership (together with its successors and assigns, herein referred to as "OWNER") and JPI MANAGEMENT SERVICES, L.P., a Delaware limited partnership (herein referred to as "MANAGER") to become effective on the Effective Date as defined herein.