Manager’s Costs to be Reimbursed. Owner agrees to reimburse Manager for all direct costs incurred in managing and leasing the Properties in accordance with the terms of this Agreement and the Approved Operating Budget. Manager’s reimbursement may be paid to itself by Manager, on behalf of Owner, from the Operating Account as incurred by Manager.
Appears in 6 contracts
Samples: Management Agreement (Vinebrook Homes Trust, Inc.), Management Agreement (Vinebrook Homes Trust, Inc.), Management Agreement (Vinebrook Homes Trust, Inc.)
Manager’s Costs to be Reimbursed. Owner agrees to promptly reimburse Manager for all direct costs incurred in managing and leasing the Properties Property in accordance with the terms of this Agreement and as specified in the Approved Operating Budget. attached Schedule B. Manager’s reimbursement may shall be paid to itself by Manager, on behalf of Owner, made from the Operating Account as incurred or if necessary, funded by ManagerOwner pursuant to Section 3.02 above.
Appears in 3 contracts
Samples: Management Agreement, Property Management Agreement (American Campus Communities Inc), Management Agreement (American Campus Communities Inc)
