Common use of Nature of DHA Property Care Clause in Contracts

Nature of DHA Property Care. (a) DHA will, throughout the term of this agreement, look after the Property by providing “DHA Property Care”, which is comprised of the following five services: (i) Property Management Service (described in clause 6.2); (ii) Repair and Maintenance Service (described in clause 6.3); (iii) Emergency Repair Service (described in clause 6.4); (iv) Restoration Service (described in clause 6.5); and (v) Market Rent Review Service (described in clause 6.6). (b) DHA Property Care is provided by DHA in return for a Service Fee equivalent to the percentage of the rent specified in Item 10 of the Reference Schedule. (c) The Service Fee is payable by the Lessor and will be deducted by DHA from the monthly rent payments. (d) The parties acknowledge that DHA’s role in respect of DHA Property Care is separate and distinct from DHA’s role as a tenant under this agreement.

Appears in 4 contracts

Samples: Lease Agreement, Lease Agreement, Lease Agreement

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