Common use of Manager’s Standard of Care Clause in Contracts

Manager’s Standard of Care. Manager shall perform its duties under this Agreement in a manner consistent with professional property management services. In no event shall the scope or quality of services provided by Manager for the Property hereunder be less than those generally performed by professional property managers of similar properties in the market area where the Property is located. Manager shall make available to Owner the full benefit of the judgment, experience, and advice of the members and employees of Manager’s organization with respect to the policies to be pursued by Owner in operating the Property, and will perform the services set forth herein and such other services as may be requested by Owner in managing, operating, maintaining and servicing the Property.

Appears in 42 contracts

Samples: Property Management Agreement (Steadfast Apartment REIT, Inc.), Property Management Agreement (Steadfast Apartment REIT, Inc.), Property Management Agreement (Steadfast Apartment REIT, Inc.)

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Manager’s Standard of Care. Manager shall perform its duties under this Agreement in a manner consistent with professional property management services. In no event shall the scope or quality of services provided by Manager for the Property hereunder be less than those generally performed by professional property managers of similar properties in the market area where the Property is located. Manager shall make available to Owner the full benefit of the judgment, experience, and advice of the members and employees of Manager’s organization with respect to the policies to be pursued by Owner in operating the Property, and will perform the services set forth herein and such other services as may be reasonably requested by Owner in managing, operating, maintaining and servicing the Property.

Appears in 9 contracts

Samples: Property Management Agreement (Steadfast Apartment REIT III, Inc.), Property Management Agreement (Steadfast Apartment REIT III, Inc.), Property Management Agreement (Steadfast Apartment REIT III, Inc.)

Manager’s Standard of Care. Manager shall perform its duties under this Agreement in a manner consistent with professional property management services. In no event shall the scope or quality of services provided by Manager for the Property hereunder be less than those generally performed by professional property managers of similar properties in the market area where the Property is located. Manager shall make available to Owner the full benefit of the judgment, experience, and advice of the members and employees of Manager’s 's organization with respect to the policies to be pursued by Owner in operating the Property, and will perform the services set forth herein and such other services as may be requested by Owner in managing, operating, maintaining and servicing the Property.. ARTICLE3 SERVICES TO BE PERFOR1VIED BY MANAGER Section 3.1

Appears in 2 contracts

Samples: Assignment of Management Agreement and Subordination of Management Fees, Assignment of Management Agreement and Subordination of Management Fees (Steadfast Apartment REIT, Inc.)

Manager’s Standard of Care. Manager shall perform its duties under this Agreement in a manner consistent with professional property management services. In no event shall the scope or quality of services provided by Manager for the Property hereunder be less than those generally performed by professional property managers of similar properties in the market area where the Property is located. Manager shall make available to Owner the full benefit of the judgment, experience, and advice of the members and employees of Manager’s 's organization with respect to the policies to be pursued by Owner in operating the Property, and will perform the services set forth herein and such other services as may be requested by Owner in managing, operating, maintaining and servicing the Property.. ARTICLE3 SERVICES TO BE PERFORMED BY MANAGER Section 3.1

Appears in 1 contract

Samples: Assignment of Management Agreement and Subordination of Management Fees (Steadfast Apartment REIT, Inc.)

Manager’s Standard of Care. Manager shall perform its duties under this Agreement in a manner consistent with professional property management services. In no event shall the scope or quality of services provided by Manager for the Property hereunder be less than those generally performed perfo1med by professional property managers of similar properties in the market area where the Property is located. Manager shall make available to Owner the full benefit of the judgment, experience, and advice of the members and employees of Manager’s 's organization with respect to the policies to be pursued by Owner in operating the Property, and will perform the services set forth herein and such other services as may be requested by Owner in managing, operating, maintaining and servicing the Property.. ARTICLE3 SERVICES TO BE PERFORMED BY MANAGER Section 3.1

Appears in 1 contract

Samples: Assignment of Management Agreement and Subordination of Management Fees (Steadfast Apartment REIT, Inc.)

Manager’s Standard of Care. Manager shall perform its duties under this Agreement in a manner consistent with professional property prope11y management services. In no event shall the scope or quality of services provided by Manager for the Property hereunder be less than those generally performed by professional property managers of similar properties in the market area where the Property is located. Manager shall make available to Owner the full benefit of or the judgment, . experience, and advice of the members and employees of Manager’s ofManagcr·s organization with respect to the policies to be pursued by Owner in operating the Property, . and will perform the services set forth herein and such other services as may be requested by Owner in managing, . operating, . maintaining and servicing the Property.. ARTICLE3 SERVICES TO BE PERFORMED BY MANAGER Section 3.1

Appears in 1 contract

Samples: Assignment of Management Agreement and Subordination of Management Fees (Steadfast Apartment REIT, Inc.)

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Manager’s Standard of Care. Manager shall perform its duties under this Agreement in a manner consistent with professional property management services. In no event shall the scope or quality of services provided by Manager for the Property hereunder be less than those generally performed by professional property managers of similar properties in the market area where the Property is located. Manager shall make available to Owner the full benefit of the judgment, experience, and advice of the members and employees of Manager’s 's organization with respect to the policies to be pursued by Owner in operating the Property, and will perform the services set forth herein and such other services as may be requested by Owner in managing, operating, maintaining and servicing the Property.

Appears in 1 contract

Samples: Assignment of Management Agreement and Subordination of Management Fees (Steadfast Income REIT, Inc.)

Manager’s Standard of Care. Manager shall perform its duties under this Agreement in a manner consistent with professional property management services. In no event shall the scope or quality of services provided by Manager for the Property hereunder be less than those generally performed by professional property managers of similar properties in the market area where the Property is located. Manager shall make available to Owner the full benefit of the judgment, experience, and advice of the members and employees of Manager’s organization with respect to the policies to be pursued by Owner in operating the Property, and will perform the services set forth herein and such other services as may be reasonably requested by Owner in managing, operating, maintaining and servicing the Property.. ARTICLE 3

Appears in 1 contract

Samples: Property Management Agreement (Steadfast Income REIT, Inc.)

Manager’s Standard of Care. Manager shall perform its duties under this Agreement in a manner consistent with professional property management services. In no event shall the scope or quality of services provided by Manager for the Property hereunder be less than those generally performed perfonned by professional property managers of similar properties in the market area where the Property is located. Manager shall make available to Owner the full benefit of the judgment, experience, and advice of the members and employees of Manager’s 's organization with respect to the policies to be pursued by Owner in operating the Property, and will perform perfonn the services set forth herein and such other services as may be requested by Owner in managing, operating, maintaining and servicing the Property.. ARTICLE 3

Appears in 1 contract

Samples: Assignment of Management Agreement and Subordination of Management Fees (Steadfast Income REIT, Inc.)

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