Common use of OWNER'S AGREEMENTS Clause in Contracts

OWNER'S AGREEMENTS. 3.1 Owner, at its option, may pay directly all of the following charges relating to the Premises: taxes, special assessments, ground rents, insurance premiums (other than premiums arising out of Section 2.1(b) for which Property Manager is responsible), and mortgage payments. If Owner does not elect to make any or all of said payments, Property Manager shall do so out of the Bank Account, if so directed in writing by Owner.

OWNER'S AGREEMENTS. 3.1 Owner, at its option, may pay directly all of the following charges relating to the Premises: taxes, special assessments, ground rents, insurance premiums (other than premiums arising out of Section 2.1(b2.1 (b) for which Property Manager is responsible), and mortgage payments. If Owner does not elect to make any or all of said payments, Property Manager shall do so out of the Bank Account, if so directed in writing by Owner.

OWNER'S AGREEMENTS. 3.1 Owner, at its option, may pay directly all of the following charges relating to the Premises: taxes, special assessments, ground rents, insurance premiums (other than premiums arising out of Section 2.1(b) for which Property Manager is responsible), ) and mortgage payments. If Owner does not elect to make any or all of said payments, Property Manager shall do so out of the Bank Account, if so directed in writing by Owner.