Common use of Property Management Generally Clause in Contracts

Property Management Generally. (a) Manager shall, at the expense of Owner (except as set forth herein), manage, operate and care for the Property in a first class manner, in accordance with the Budget (to the extent Owner provides the funds required therefor), and the Property’s condition and the terms of any Financing (provided Manager is notified in writing of the requirements of such Financing) and do all things necessary, desirable or appropriate therefor or customarily performed by managing agents of properties similar to the Property. Without limiting the generality of the foregoing, Manager shall:

Property Management Generally. (aA) Manager shall, at the expense of Owner (except as set forth herein)Owner, manage, operate and care for the Property in a first class mannermanner consistent with the standard of maintenance and repair of Comparable Properties, in accordance with the Budget (to the extent Owner provides the funds required therefor), and the Property’s condition approved Budgets and the terms of any Financing (provided Manager is notified Financing, to the extent that Owner has communicated such terms in writing of the requirements of such Financing) to Manager, and do all things necessary, desirable or appropriate therefor therefore or customarily performed by managing agents of properties similar to the PropertyComparable Properties. Without limiting the generality of the foregoing, Manager shall:

Property Management Generally. (aA) Manager shall, at the expense of Owner (except as set forth herein)Owner, manage, operate and care for the Property in a first class mannermanner consistent with the standard of maintenance and repair of Comparable Properties, in accordance with the Budget (to the extent Owner provides the funds required therefor), and the Property’s condition approved Budgets and the terms of any Financing (provided Manager is notified Documents, to the extent that Owner has communicated such terms in writing of the requirements of such Financing) to Manager, and do all things necessary, desirable or appropriate therefor therefore or customarily performed by managing agents of properties similar to the PropertyComparable Properties. Without limiting the generality of the foregoing, Manager shall:shall (subject to any applicable law, covenant or restriction):