OWNER'S AGREEMENTS. 3.1 Owner, at its option, may pay directly all taxes, special assessments, ground rents, insurance premiums and mortgage payments. If Owner makes such election, Agent shall advise Owner of the due dates of such taxes assessments, insurance premiums and mortgage payments.
Appears in 4 contracts
Samples: Management Agreement (Crown American Realty Trust), Management Agreement (Crown American Realty Trust), Management Agreement (Crown American Realty Trust)
OWNER'S AGREEMENTS. 3.1 3.1. Owner, at its option, may pay directly all taxes, special assessments, ground rents, insurance premiums and mortgage payments. If Owner makes such election, Agent shall advise Owner of the due dates of such taxes assessments, insurance premiums and mortgage payments.. Otherwise, Agent shall make such payments promptly so as to avoid late fees, penalties or other charges
Appears in 1 contract
Samples: Management Agreement (First Union Real Estate Equity & Mortgage Investments)
OWNER'S AGREEMENTS. 3.1 Owner, at its option, may pay directly all taxes, special assessments, ground rents, insurance premiums and mortgage payments. If Owner makes such election, Agent shall advise Owner of the due dates of such taxes assessments, insurance premiums and mortgage payments. Otherwise, Agent shall make such payments promptly so as to avoid late fees, penalties or other charges.
Appears in 1 contract
Samples: Real Estate Management Agreement (Gotham Golf Corp)
