Common use of Ownership of Fixtures and Personal Property Clause in Contracts

Ownership of Fixtures and Personal Property. Manager acknowledges that Owner owns all fixtures and personal property situated on or about the Premises and used in or necessary for the operation, maintenance and occupancy of the Premises (including, without limitation, any personal property purchased by Manager pursuant to Section 5.6).

Appears in 3 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (KBS Strategic Opportunity REIT II, Inc.), Limited Liability Company Agreement (KBS Strategic Opportunity REIT, Inc.)

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Ownership of Fixtures and Personal Property. Manager acknowledges that Owner owns all fixtures and personal property situated on or about the Premises Property and used in or necessary for the operation, maintenance and occupancy of the Premises (includingProperty, without limitation, any excluding only personal property purchased and fixtures owned by tenants under leases of space within the Property or owned or paid for by Manager pursuant to Section 5.6)from its funds and not on behalf of Owner.

Appears in 2 contracts

Samples: Management and Leasing Agreement (Usf&g Legg Mason Realty Partners Limited Partnership), Management and Leasing Agreement (Usf&g Legg Mason Realty Partners Limited Partnership)

Ownership of Fixtures and Personal Property. Manager acknowledges that Owner owns all fixtures and personal property situated on or about the Premises Property and used in or necessary for the operation, maintenance and occupancy of the Premises (includingProperty, without limitation, any personal property except for such items as are purchased by Manager pursuant to Section 5.6)out of its own funds and for which it is not reimbursed by Owner.

Appears in 1 contract

Samples: Management Agreement (US Federal Properties Trust Inc.)

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Ownership of Fixtures and Personal Property. Manager acknowledges that Owner owns all fixtures and personal property situated on or about the Premises Property and used in or necessary for the operation, maintenance and occupancy of the Premises Property (including, without limitation, any personal property purchased by Manager pursuant to Section 5.64.6), except for such items as are purchased by Manager out of its own funds and for which it is not reimbursed by Owner.

Appears in 1 contract

Samples: Management Agreement (American Realty Capital New York Recovery Reit Inc)

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