Common use of Owner’s Obligations Clause in Contracts

Owner’s Obligations. 4.1 During the Term or any automatic renewal thereof, the Owner shall give the Agent the authority to perform all property management services as set out in sub paragraph 3.1 hereof, that may be exercised in the name of the Owner and the expense thereof assumed by the Owner. 4.2 In addition to all expenses incurred by the Agent on behalf of the Owner as aforesaid, during the Term or any automatic renewal thereof, the Owner agrees to pay the Agent, in respect of the Premises, the sum of USD $_50.00 per month for management services provided to the Owner as set out above. Any such payments related to services provided in any particular month shall be payable not later than the 15th day of the following month. 4.3 In the event that the Agent advances monies on behalf of the Owner, or the Owner is indebted to the Agent for any reason arising out of this Agreement, the Owner agrees to promptly pay, upon demand such indebtedness to the Agent. Any such indebtedness not paid within twenty days after notice shall be subject to interest at the maximum rate permitted by law and shall constitute lien rights upon the Premises for services, materials or management fees. 4.4 During the Term and any automatic renewal thereof, the Owner agrees to carry insurance in respect of the Premises, at the Owner's expense, according to the recommended guidelines of the insurance industry, including but without limitation, liability insurance in sufficient amounts to cover both the Owner and the Agent. 4.5 During the Term and any automatic renewal thereof, the Owner agrees to fully comply with all Federal, Provincial, Municipal or other legislation, provisions, standards and rules in respect of owning and operating revenue properties. Notwithstanding paragraph 12.0 hereof, where any such statute, provision or rule is breached, the Agent, upon giving notice to the Owner, may terminate this Agreement within seven days. 4.6 The Owner shall be solely responsible for maintaining the Premises in a good state of repair and clean-up. BANGLA PROPERTY MANAGEMENT, INC. (A Development Stage Company)

Owner’s Obligations. 4.1 During the Term or any automatic renewal thereof, the Owner shall give the Agent the authority to perform all property management services as set out in sub paragraph 3.1 hereof, that may be exercised in the name of the Owner and the expense thereof assumed by the Owner. 4.2 In addition to all expenses incurred by the Agent on behalf of the Owner as aforesaid, during the Term or any automatic renewal thereof, the Owner agrees to pay the Agent, in respect of the Premises, the sum of USD $_$ 50.00 per month for management services provided to the Owner as set out above. Any such payments related to services provided in any particular month shall be payable not later than the 15th day of the following month. 4.3 In the event that the Agent advances monies on behalf of the Owner, or the Owner is indebted to the Agent for any reason arising out of this Agreement, the Owner agrees to promptly pay, upon demand such indebtedness to the Agent. Any such indebtedness not paid within twenty days after notice shall be subject to interest at the maximum rate permitted by law and shall constitute lien rights upon the Premises for services, materials or management fees. 4.4 During the Term and any automatic renewal thereof, the Owner agrees to carry insurance in respect of the Premises, at the Owner's expense, according to the recommended guidelines of the insurance industry, including but without limitation, liability insurance in sufficient amounts to cover both the Owner and the Agent. 4.5 During the Term and any automatic renewal thereof, the Owner agrees to fully comply with all Federal, Provincial, Municipal or other legislation, provisions, standards and rules in respect of owning and operating revenue properties. Notwithstanding paragraph 12.0 hereof, where any such statute, provision or rule is breached, the Agent, upon giving notice to the Owner, may terminate this Agreement within seven days.. BANGLA PROPERTY MANAGEMENT, INC. (A Development Stage Company) 4.6 The Owner shall be solely responsible for maintaining the Premises in a good state of repair and clean-up. BANGLA PROPERTY MANAGEMENT, INC. (A Development Stage Company).

Owner’s Obligations. 4.1 During the Term or any automatic renewal thereof, the Owner shall give the Agent the authority to perform all property management services as set out in sub paragraph 3.1 hereof, that may be exercised in the name of the Owner and the expense thereof assumed by the Owner. 4.2 In addition to all expenses incurred by the Agent on behalf of the Owner as aforesaid, during the Term or any automatic renewal thereof, the Owner agrees to pay the Agent, in respect of the Premises, the sum of USD $_$ 50.00 per month for management services provided to the Owner as set out above. Any such payments related to services provided in any particular month shall be payable not later than the 15th day of the following month. 4.3 In the event that the Agent advances monies on behalf of the Owner, or the Owner is indebted to the Agent for any reason arising out of this Agreement, the Owner agrees to promptly pay, upon demand such indebtedness to the Agent. Any such indebtedness not paid within twenty days after notice shall be subject to interest at the maximum rate permitted by law and shall constitute lien rights upon the Premises for services, materials or management fees. 4.4 During the Term and any automatic renewal thereof, the Owner agrees to carry insurance in respect of the Premises, at the Owner's expense, according to the recommended guidelines of the insurance industry, including but without limitation, liability insurance in sufficient amounts to cover both the Owner and the Agent. 4.5 During the Term and any automatic renewal thereof, the Owner agrees to fully comply with all Federal, Provincial, Municipal or other legislation, provisions, standards and rules in respect of owning and operating revenue properties. Notwithstanding paragraph 12.0 hereof, where any such statute, provision or rule is breached, the Agent, upon giving notice to the Owner, may terminate this Agreement within seven days. 4.6 The Owner shall be solely responsible for maintaining the Premises in a good state of repair and clean-up. BANGLA PROPERTY MANAGEMENT, INC. (A Development Stage Company)

Owner’s Obligations. 4.1 During the Term or any automatic renewal thereof, the Owner shall give the Agent the authority to perform all property management services as set out in sub paragraph 3.1 hereof, that may be exercised in the name of the Owner and the expense thereof assumed by the Owner. 4.2 In addition to all expenses incurred by the Agent on behalf of the Owner as aforesaid, during the Term or any automatic renewal thereof, the Owner agrees to pay the Agent, in respect of the Premises, the sum of USD $_$ 50.00 per month for management services provided to the Owner ------ as set out above. Any such payments related to services provided in any particular month shall be payable not later than the 15th day of the following month. 4.3 In the event that the Agent advances monies on behalf of the Owner, or the Owner is indebted to the Agent for any reason arising out of this Agreement, the Owner agrees to promptly pay, upon demand such indebtedness to the Agent. Any such indebtedness not paid within twenty days after notice shall be subject to interest at the maximum rate permitted by law and shall constitute lien rights upon the Premises for services, materials or management fees. 4.4 During the Term and any automatic renewal thereof, the Owner agrees to carry insurance in respect of the Premises, at the Owner's expense, according to the recommended guidelines of the insurance industry, including but without limitation, liability insurance in sufficient amounts to cover both the Owner and the Agent. 4.5 During the Term and any automatic renewal thereof, the Owner agrees to fully comply with all Federal, Provincial, Municipal or other legislation, provisions, standards and rules in respect of owning and operating revenue properties. Notwithstanding paragraph 12.0 hereof, where any such statute, provision or rule is breached, the Agent, upon giving notice to the Owner, may terminate this Agreement within seven days. 4.6 The Owner shall be solely responsible for maintaining the Premises in a good state of repair and clean-up. BANGLA PROPERTY MANAGEMENT, INC. (A Development Stage Company)

Owner’s Obligations. 4.1 During the Term or any automatic renewal thereof, the Owner shall give the Agent the authority to perform all property management services as set out in sub paragraph 3.1 hereof, that may be exercised in the name of the Owner and the expense thereof assumed by the Owner. 4.2 In addition to all expenses incurred by the Agent on behalf of the Owner as aforesaid, during the Term or any automatic renewal thereof, the Owner agrees to pay the Agent, in respect of the Premises, the sum of USD $_$ 50.00 per month for management services provided to the ---------- Owner as set out above. Any such payments related to services provided in any particular month shall be payable not later than the 15th day of the following month. 4.3 In the event that the Agent advances monies on behalf of the Owner, or the Owner is indebted to the Agent for any reason arising out of this Agreement, the Owner agrees to promptly pay, upon demand such indebtedness to the Agent. Any such indebtedness not paid within twenty days after notice shall be subject to interest at the maximum rate permitted by law and shall constitute lien rights upon the Premises for services, materials or management fees. 4.4 During the Term and any automatic renewal thereof, the Owner agrees to carry insurance in respect of the Premises, at the Owner's expense, according to the recommended guidelines of the insurance industry, including but without limitation, liability insurance in sufficient amounts to cover both the Owner and the Agent. 4.5 During the Term and any automatic renewal thereof, the Owner agrees to fully comply with all Federal, Provincial, Municipal or other legislation, provisions, standards and rules in respect of owning and operating revenue properties. Notwithstanding paragraph 12.0 hereof, where any such statute, provision or rule is breached, the Agent, upon giving notice to the Owner, may terminate this Agreement within seven days. 4.6 The Owner shall be solely responsible for maintaining the Premises in a good state of repair and clean-up. BANGLA PROPERTY MANAGEMENT, INC. (A Development Stage Company).

Owner’s Obligations. 4.1 During the Term or any automatic renewal thereof, the Owner shall give the Agent the authority to perform all property management services as set out in sub paragraph 3.1 hereof, that may be exercised in the name of the Owner and the expense thereof assumed by the Owner. 4.2 In addition to all expenses incurred by the Agent on behalf of the Owner as aforesaid, during the Term or any automatic renewal thereof, the Owner agrees to pay the Agent, in respect of the Premises, the sum of USD $_$ 50.00 per month for management services provided to the ----------- Owner as set out above. Any such payments related to services provided in any particular month shall be payable not later than the 15th day of the following month. 4.3 In the event that the Agent advances monies on behalf of the Owner, or the Owner is indebted to the Agent for any reason arising out of this Agreement, the Owner agrees to promptly pay, upon demand such indebtedness to the Agent. Any such indebtedness not paid within twenty days after notice shall be subject to interest at the maximum rate permitted by law and shall constitute lien rights upon the Premises for services, materials or management fees. 4.4 During the Term and any automatic renewal thereof, the Owner agrees to carry insurance in respect of the Premises, at the Owner's expense, according to the recommended guidelines of the insurance industry, including but without limitation, liability insurance in sufficient amounts to cover both the Owner and the Agent. 4.5 During the Term and any automatic renewal thereof, the Owner agrees to fully comply with all Federal, Provincial, Municipal or other legislation, provisions, standards and rules in respect of owning and operating revenue properties. Notwithstanding paragraph 12.0 hereof, where any such statute, provision or rule is breached, the Agent, upon giving notice to the Owner, may terminate this Agreement within seven days. 4.6 The Owner shall be solely responsible for maintaining the Premises in a good state of repair and clean-up. BANGLA PROPERTY MANAGEMENT, INC. (A Development Stage Company)

Owner’s Obligations. 4.1 During the Term or any automatic renewal thereof, the Owner shall give the Agent the authority to perform all property management services as set out in sub paragraph 3.1 hereof, that may be exercised in the name of the Owner and the expense thereof assumed by the Owner. 4.2 In addition to all expenses incurred by the Agent on behalf of the Owner as aforesaid, during the Term or any automatic renewal thereof, the Owner agrees to pay the Agent, in respect of the Premises, the sum of USD $_50.00 per month for management services provided to the Owner ----- as set out above. Any such payments related to services provided in any particular month shall be payable not later than the 15th day of the following month. 4.3 In the event that the Agent advances monies on behalf of the Owner, or the Owner is indebted to the Agent for any reason arising out of this Agreement, the Owner agrees to promptly pay, upon demand such indebtedness to the Agent. Any such indebtedness not paid within twenty days after notice shall be subject to interest at the maximum rate permitted by law and shall constitute lien rights upon the Premises for services, materials or management fees. 4.4 During the Term and any automatic renewal thereof, the Owner agrees to carry insurance in respect of the Premises, at the Owner's expense, according to the recommended guidelines of the insurance industry, including but without limitation, liability insurance in sufficient amounts to cover both the Owner and the Agent. 4.5 During the Term and any automatic renewal thereof, the Owner agrees to fully comply with all Federal, Provincial, Municipal or other legislation, provisions, standards and rules in respect of owning and operating revenue properties. Notwithstanding paragraph 12.0 hereof, where any such statute, provision or rule is breached, the Agent, upon giving notice to the Owner, may terminate this Agreement within seven days.. BANGLA PROPERTY MANAGEMENT, INC. (A Development Stage Company) 4.6 The Owner shall be solely responsible for maintaining the Premises in a good state of repair and clean-up. BANGLA PROPERTY MANAGEMENT, INC. (A Development Stage Company).

Owner’s Obligations. 4.1 During the Term or any automatic renewal thereof, the Owner shall give the Agent the authority to perform all property management services as set out in sub paragraph 3.1 hereof, that may be exercised in the name of the Owner and the expense thereof assumed by the Owner. 4.2 In addition to all expenses incurred by the Agent on behalf of the Owner as aforesaid, during the Term or any automatic renewal thereof, the Owner agrees to pay the Agent, in respect of the Premises, the sum of USD $_50.00 per month for management services provided to the Owner ----- as set out above. Any such payments related to services provided in any particular month shall be payable not later than the 15th day of the following month. 4.3 In the event that the Agent advances monies on behalf of the Owner, or the Owner is indebted to the Agent for any reason arising out of this Agreement, the Owner agrees to promptly pay, upon demand such indebtedness to the Agent. Any such indebtedness not paid within twenty days after notice shall be subject to interest at the maximum rate permitted by law and shall constitute lien rights upon the Premises for services, materials or management fees. 4.4 During the Term and any automatic renewal thereof, the Owner agrees to carry insurance in respect of the Premises, at the Owner's expense, according to the recommended guidelines of the insurance industry, including but without limitation, liability insurance in sufficient amounts to cover both the Owner and the Agent. 4.5 During the Term and any automatic renewal thereof, the Owner agrees to fully comply with all Federal, Provincial, Municipal or other legislation, provisions, standards and rules in respect of owning and operating revenue properties. Notwithstanding paragraph 12.0 hereof, where any such statute, provision or rule is breached, the Agent, upon giving notice to the Owner, may terminate this Agreement within seven days. 4.6 The Owner shall be solely responsible for maintaining the Premises in a good state of repair and clean-up. BANGLA PROPERTY MANAGEMENT, INC. (A Development Stage Company)

Owner’s Obligations. 4.1 During the Term or any automatic renewal thereof, the Owner shall give the Agent the authority to perform all property management services as set out in sub paragraph 3.1 hereof, that may be exercised in the name of the Owner and the expense thereof assumed by the Owner. 4.2 In addition to all expenses incurred by the Agent on behalf of the Owner as aforesaid, during the Term or any automatic renewal thereof, the Owner agrees to pay the Agent, in respect of the Premises, the sum of USD $_50.00 per month for management services provided to the Owner as set out above. Any such payments related to services provided in any particular month shall be payable not later than the 15th day of the following month. 4.3 In the event that the Agent advances monies on behalf of the Owner, or the Owner is indebted to the Agent for any reason arising out of this Agreement, the Owner agrees to promptly pay, upon demand such indebtedness to the Agent. Any such indebtedness not paid within twenty days after notice shall be subject to interest at the maximum rate permitted by law and shall constitute lien rights upon the Premises for services, materials or management fees. 4.4 During the Term and any automatic renewal thereof, the Owner agrees to carry insurance in respect of the Premises, at the Owner's expense, according to the recommended guidelines of the insurance industry, including but without limitation, liability insurance in sufficient amounts to cover both the Owner and the Agent. 4.5 During the Term and any automatic renewal thereof, the Owner agrees to fully comply with all Federal, Provincial, Municipal or other legislation, provisions, standards and rules in respect of owning and operating revenue properties. Notwithstanding paragraph 12.0 hereof, where any such statute, provision or rule is breached, the Agent, upon giving notice to the Owner, may terminate this Agreement within seven days. 4.6 The Owner shall be solely responsible for maintaining the Premises in a good state of repair and clean-up. BANGLA PROPERTY MANAGEMENT, INC. (A Development Stage Company)