Managed Properties Clause Samples

The Managed Properties clause defines which properties are under the management or control of a particular party, typically within a property management or leasing agreement. It specifies the addresses or descriptions of the properties included, and may outline the scope of management services provided for each property, such as maintenance, rent collection, or tenant relations. This clause ensures clarity about which properties are covered by the agreement, preventing disputes over responsibilities and establishing the boundaries of the manager’s obligations.
Managed Properties. The Property Management Revenues as of the Closing Date shall not be less than 85% of the Baseline Property Management Revenues.
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Managed Properties. The Corporation, FHT and the Partnership each acknowledge that Manager may manage other properties for and on behalf of either itself, or any Third Party. None of the Corporation, FHT or the Partnership shall have any share of the fees or interests of Manager under agreements relating to the management of such other properties, nor any liability for any of Manager's obligations in respect thereof.
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Managed Properties. If Bellgrange are asked to assist in dealing with any claims arising from the Check-Out Report, Bellgrange will make an additional administration charge of £25 + VAT (if they did protected the deposit in a Tenancy Deposit Scheme on your behalf) and £100 + VAT, (if they did not protect the deposit in a Tenancy Deposit Scheme on your behalf). The cost will be invoiced to you or deducted from the outgoing tenants’ deposit if appropriate (subject to the terms and conditions of the tenancy deposit scheme)
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Managed Properties. Landlord is in the "Property Management Business" and all properties managed by Landlord are either owned, wholly or in part by the Landlord or are managed by the Landlord for Investment or other owners. 43a Landlord is Agent The "landlord" in all such arrangements is the property management company and acts as Agent for the Owner. There is an Owner of the property who IS NOT THE LANDLORD under any of the provisions of this Agreement.
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Managed Properties 
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Related to Managed Properties

  • Mortgaged Properties No Loan Party that is an owner of Mortgaged Property shall take any action that is reasonably likely to be the basis for termination, revocation or denial of any insurance coverage required to be maintained under such Loan Party’s respective Mortgage or that could be the basis for a defense to any claim under any Insurance Policy maintained in respect of the Premises, and each Loan Party shall otherwise comply in all material respects with all Insurance Requirements in respect of the Premises; provided, however, that each Loan Party may, at its own expense and after written notice to the Administrative Agent, (i) contest the applicability or enforceability of any such Insurance Requirements by appropriate legal proceedings, the prosecution of which does not constitute a basis for cancellation or revocation of any insurance coverage required under this Section 5.04 or (ii) cause the Insurance Policy containing any such Insurance Requirement to be replaced by a new policy complying with the provisions of this Section 5.04.

  • The Properties Attached hereto as Schedule I is the description of certain Land (the "Subject Property"). Effective upon the execution and delivery of this Lease Supplement by Lessor and Lessee, such Land, together with any Building and other improvements thereon or which thereafter may be constructed thereon shall be subject to the terms and provisions of the Lease and Lessor hereby grants, conveys, transfers and assigns to the Related Lessee those interests, rights, titles, estates, powers and privileges provided for in the Lease with respect to the Subject Property.

  • Leased Properties Section 3.22 of the Disclosure Schedule sets forth a list of all of the leases and subleases ("Leases") and each leased and subleased parcel of real property in which the Company has a leasehold or subleasehold interest or to which the Company is a party either as landlord or sublandlord (the "Leased Real Property"). Each of the Leases are in full force and effect, and the Company holds a valid and existing leasehold or subleasehold interest or Landlord or Sublandlord interest as applicable, under each of the Leases described in Section 3.22 of the Disclosure Schedule. The Company has delivered to HK true, correct, complete and accurate copies of each of the Leases. With respect to each Lease set forth on Section 3.22 of the Disclosure Schedule: (i) the Lease is legal, valid, binding, enforceable and in full force and effect; (ii) to the Knowledge of the Company the Lease will continue to be legal, valid, binding, enforceable and in full force and effect on identical terms following the Closing; (iii) neither the Company, nor, to the Knowledge of the Company, any other party to the Lease, is in breach or default, and no event has occurred which, with notice or lapse of time, would constitute such a breach or default by the Company or permit termination, modification or acceleration under the Lease by any other party thereto; (iv) the Company has not, and, to the Knowledge of the Company, no third party has repudiated any provision of the Lease; (v) there are no disputes, oral agreements, or forbearance programs in effect as to the Lease; (vi) the Lease has not been modified in any respect, except to the extent that such modifications are disclosed by the documents delivered to HK; (vii) the Company has not assigned, transferred, conveyed, mortgaged, deeded in trust or encumbered any interest in the Lease (except for Permitted Liens); and (viii) the Lease is fully assignable to HK without the necessity of any consent or the Company shall obtain all necessary consents prior to the Closing.

  • Real Properties The Company does not have an interest in any real property, except for the Leases (as defined below).

  • Mortgaged Property The real property securing repayment of the debt evidenced by a Mortgage Note.