Common use of Limitation on Liability of Manager Clause in Contracts

Limitation on Liability of Manager. Manager, its agents, servants and employees shall have absolutely no liability to Owner for any loss or expense related to the Property or any obligations arising out of or relating to this Agreement or otherwise, unless such loss or expense is caused solely by Manager’s gross negligence, fraud or willful misconduct. WHEREFORE, the parties have executed this Agreement as of the Effective Date. OWNER: [Series LLC] By: _____________________________ Name: ___________________________ Its: ______________________________ MANAGER: Arrived Holdings, Inc. By: _____________________________ Name: ___________________________ Its: ______________________________ EXHIBIT A

Appears in 4 contracts

Samples: Property Management Agreement (Arrived STR 2, LLC), Property Management Agreement (Arrived STR 2, LLC), Property Management Agreement (Arrived STR 2, LLC)

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