Maintaining the Property Sample Clauses
The "Maintaining the Property" clause sets out the responsibilities of a party—typically the tenant or occupant—to keep the property in good condition during the term of an agreement. It usually requires regular upkeep, such as cleaning, minor repairs, and ensuring that the property is not damaged beyond normal wear and tear. This clause ensures that the property remains in a satisfactory state, protecting the owner's investment and preventing disputes over property condition at the end of the agreement.
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Maintaining the Property. During the Term, Optionee shall pay all of the applicable property taxes and fees necessary to keep the Property in good standing and file such assessment material as may be required under the laws of the County of Eureka, the State of Nevada and the United States. Notwithstanding the forgoing and in acknowledgement that record title of the Property shall remain in the name of Optionor until such time as exercise of the Option, Optionor shall cooperate with and assist Optionee with the preparation of documentation required for the payment of such taxes and fees, and assessment filings. In the event that Optionor fails to cooperate with and assist Optionee with the preparation of documentation required for the payment of such taxes and fees, and assessment filings, Optionor hereby grants Optionee the full power of attorney to make all such payments and take all actions necessary or prudent, in Optionee’s sole and absolute discretion, to preserve the property, and any such reasonable costs incurred by Optionee shall be deducted from any cash payments due Optionor pursuant to Section 3.2(a) hereunder.
Maintaining the Property. During the Term, Optionee shall pay all of the applicable property taxes and fees necessary to keep the Property in good standing and file such assessment material as may be required under the laws of the County of Maricopa, the State of Arizona and the United States. Notwithstanding the forgoing, and in acknowledgement that record title of the Property shall remain in the name of Optionor until such time as exercise of the Option, Optionor shall cooperate with and assist Optionee with the preparation of documentation required for the payment of such taxes and fees, and assessment filings. In the event that Optionor fails to cooperate with and assist Optionee with the preparation of documentation required for the payment of such taxes and fees, and assessment filings, Optionor hereby grants Optionee the full power of attorney to make all such payments and take all actions necessary or prudent, in Optionee’s sole and absolute discretion, to preserve the property, and any such payments made as well any reasonable costs incurred by Optionee shall be deducted from any cash payments due Optionor pursuant to Section 3.2(a) hereunder.
Maintaining the Property. Manager shall maintain the grounds, buildings and other improvements of the Property in a manner consistent with the Operating Standard, subject to limitations set forth in Section III(B) and the Business Plan.
Maintaining the Property. I have examined this Property and I am satisfied with its physical condition. I acknowledge that you have made no promises to repair or improve the Property. I agree to keep the Property in as good condition as it was at the beginning of this Agreement, except for wear from reasonable use. I must get your written consent to alter or improve the Property.
Maintaining the Property. During the Term, Rocky Mountain shall pay all of the applicable property taxes and fees necessary to keep the Property in good standing and file such assessment material as may be required under the laws of the County of Eureka, the State of Nevada and the United States. Notwithstanding the forgoing and in acknowledgment that the entitlement rights to the Property shall remain in the name of Mojave until such time as exercise of the Option, Mojave shall cooperate with and assist Rocky Mountain with the preparation of documentation required for the payment of such taxes and fees. In the event that Mojave fails to cooperate with and assist Rocky Mountain with the preparation of documentation required for the payment of such taxes and fees, Mojave hereby grants Rocky Mountain the full power of attorney to make all such payments and take all actions necessary or prudent, in Rocky Mountain’s sole and absolute discretion, to preserve the property, and any such reasonable costs incurred by Rocky Mountain shall be deducted from any cash payments due Mojave pursuant to Section 3.2(a) hereunder.
Maintaining the Property. 18.1 You must maintain the Property in good condition and repair and replace fixtures and fittings when necessary.
18.2 You must carry out any repairs or other works required by us as a condition of your Offer by the date set by us. Please see the Special Conditions, provided in the Offer Letter, for more details.
18.3 We may require you to provide evidence that maintenance and repairs have been carried out to an acceptable standard by an appropriate qualified contractor.
18.4 We have the right to enter the Property to inspect or value it. We will tell you at least 14 days before we do this, unless we need to inspect the Property more quickly, for example if we reasonably think there is an emergency at the Property.
18.5 If the Property is not being maintained then we may ask you to carry out any necessary repairs at your own expense. If these repairs are not made, we will have the right to arrange for the repairs to be carried out on your behalf. You will have to pay any Costs that we incur.