Common use of OWNER’S AGENT Clause in Contracts

OWNER’S AGENT. Owner has hired Capstone On-Campus Management, LLC (“Agent”) as its property manager to conduct and handle all business for the Residential Facility. This includes addressing select Licensee issues, establishing and enforcing certain policies and procedures, and collection of License Fees. Agent will handle all matters regarding issues, policies and procedures outlined in the Owner’s policies for University housing (“University Housing Policies”). Note that when the term “Owner” is referenced herein, Agent is authorized to act on the Owner’s behalf.