Common use of Miscellaneous Duties Clause in Contracts

Miscellaneous Duties. The Property Manager shall (a) maintain at the Property Manager's office at the Property Manager's address as set forth in Section 12 or at the subcontractor to the Property Manager or at the Project or at a designated office in the region of the Project and readily accessible to the Tenants in Common orderly files containing rent records, insurance policies, leases and subleases, correspondence, receipted bills and vouchers, bank statements, canceled checks, deposit slips, debit and credit memos, and all other documents and papers pertaining to the Project or the operation thereof; (b) provide reports for the preparation and filing by the Tenants in Common of each income or other tax return required by any governmental authority, including annual statements allocating the expenses of and income from the Project to each Tenant in Common; (c) consider and record tenant service requests in systematic fashion showing the action taken with respect to each, and thoroughly investigate and report to the Tenants in Common in a timely fashion with appropriate recommendations all complaints of a nature that might have a material adverse effect on the Project or the Budget; (d) supervise the moving in and out of tenants and subtenants; arrange, to the extent possible, the dates thereof to minimize disturbance to the operation of the Project and inconvenience to other tenants or subtenants; and render an inspection report, an assessment for damages and a recommendation on the disposition of any deposit held as security for the performance by the tenant under its lease with respect to each premises vacated; (e) check all bills received for the services, work and supplies ordered in connection with maintaining and operating the Project and, except as otherwise provided in this Agreement, pay such bills when due and payable; and (f) not knowingly permit the use of the Project for any purpose that might void any policy of insurance held by the Tenants in Common or that might render any loss thereunder uncollectible. All such records are the property of the Tenants in Common and will be delivered to the Tenants in Common upon request.

Appears in 4 contracts

Samples: Property and Asset Management Agreement (Behringer Harvard Reit I Inc), Property and Asset Management Agreement (Behringer Harvard Reit I Inc), Property and Asset Management Agreement (Behringer Harvard Reit I Inc)

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Miscellaneous Duties. The Property Manager shall (a) maintain at the Property Manager's ’s office at the Property Manager's address as set forth in Section 12 (or at the subcontractor to the Property Manager or at the Project or at a designated office in the region of the Project and readily accessible to the Tenants in Common any local sub-manager’s office) orderly files containing rent records, insurance policies, leases and subleases, correspondence, receipted bills and vouchers, bank statements, canceled checks, deposit slips, debit and credit memos, and all other documents and papers pertaining to the Project Property or the operation thereof; (b) provide reports for the preparation and filing by the Tenants in Common of each income or other tax return required by any governmental authority, including annual statements allocating the expenses of and income from the Project Property to each Tenant in Common; (c) consider and record tenant service requests in a systematic fashion showing the action taken with respect to each, and thoroughly investigate and report to the Tenants in Common in a timely fashion with appropriate recommendations all complaints of a nature that which might have a material adverse effect on the Project Property or the BudgetBudget (i.e., earthquake damage or fire damage); (d) supervise the moving in and out of tenants and subtenants; arrange, to the extent possible, the dates thereof to minimize disturbance to the operation of the Project Property and inconvenience to other tenants or subtenants; and render an inspection report, an assessment for damages and a recommendation on the disposition of any deposit held as security for the performance by the tenant under its lease with respect to each premises vacated; (e) check all bills received for the services, work and supplies ordered in connection with maintaining and operating the Project Property and, except as otherwise provided in this Agreement, pay such bills when due and payable; and (f) not knowingly permit the use of the Project Property for any purpose that might void any policy of insurance held by the Tenants in Common or that which might render any loss thereunder uncollectible. All such records are the property of the Tenants in Common and will be delivered to the Tenants in Common upon request. To the extent a lease for the Property provides for self management, the Property Manager shall supervise and inspect the Property to insure that the tenant is performing its obligations.

Appears in 1 contract

Samples: Property Management Agreement

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Miscellaneous Duties. The Property Manager shall (a) maintain at the Property Manager's ’s office at the Property Manager's address as set forth in Section 12 or at the subcontractor to the Property Manager or at the Project or at a designated office in the region of the Project 12.1 and readily accessible to the Tenants in Common Company, orderly files containing rent records, insurance policies, leases and subleases, correspondence, receipted bills and vouchers, bank statements, canceled checks, deposit slips, debit and credit memos, and all other documents and papers pertaining to the Project Property or the operation thereof; (b) provide reports information about the Property necessary for the preparation and filing by the Tenants in Common Company of each income or other its tax return returns required by any governmental authority, including annual statements allocating the statements, identifying all expenses of paid and income from the Project to each Tenant in Commonreceived by Company; (c) consider and record tenant service requests in systematic fashion showing the action taken with respect to each, and thoroughly investigate and report to the Tenants in Common Company in a timely fashion with appropriate recommendations all complaints of a nature that which might have a material adverse effect on the Project Property or the Budget; (d) supervise the moving in and out of tenants and subtenants; arrange, to the extent possible, the dates thereof to minimize disturbance to the operation of the Project Property and inconvenience to other tenants or subtenants; and render an inspection report, an assessment for damages and a recommendation on the disposition of any deposit held as security for the performance by the tenant under its lease with respect to each premises vacated; (e) check all bills received for the services, work and supplies ordered in connection with maintaining and operating the Project Property and, except as otherwise provided in this Agreement, pay such bills when due and payable; and (f) not knowingly permit the use of the Project Property for any purpose that might void any policy of insurance held by the Tenants in Common Company or that which might render any loss thereunder uncollectible. All such records are the property of the Tenants in Common Company and will be delivered to the Tenants in Common Company upon request.

Appears in 1 contract

Samples: Management Agreement (Grubb & Ellis Healthcare REIT, Inc.)

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