RENTING OF PREMISES. The Agent shall use best efforts to rent vacant space. Owner understands the agent is responsible for marketing the property which includes signage, advertising and featuring it on our website. Owner agrees not to advertise or compete with Agent for tenant leads. The Owner authorizes the Agent to enlist the services of other Real Estate Brokers to aid in renting of said premises. The Owner authorizes the Agent to adjust rent amount according to current market conditions. The Agent is authorized to adjust the schedule of rent payments for efficient office operations.
RENTING OF PREMISES. Agent shall use its best efforts in disposing of vacant space to desirable tenants, and to this end is authorized on behalf of Owner to enlist the services of other real estate brokers. Xxxxx established will be in keeping with comparable rents in the area and in the best interests of the Owner.
RENTING OF PREMISES. Manager shall use his/her efforts to rent or lease the properties to desirable tenants, and to this end is hereby authorized on the behalf of the Owner the exclusive right to: rent or lease the property, inspect the property at such times as the Manager deems necessary, advertise the property at the Owner’s expense and at the discretion of the Manager, collect all security/damage/cleaning deposits, rent and other funds that may be due Owner and deposit same in a rental escrow account.
RENTING OF PREMISES. Agent agrees to use its best efforts in securing tenants and keeping the premises rented.
RENTING OF PREMISES. Manager, as sole rental agent, shall use its best efforts to lease space in the Property on such terms as are recommended by the Manager and approved by Owner; provided however, in connection therewith Manager shall have the sole power (even to the exclusion of Owner) to: (a) negotiate all leases, extensions, renewals, licenses or other agreements for the rental or use of space in the Property; (b) execute and deliver all leases and agreements with residents; (c) engage the services of any outside rental agent, broker, or apartment locator service, for customary commission fees. Potential lessees will be screened for suitability and chosen by Manager in accordance with written guidelines provided to the Owner. If no such guidelines are furnished to Manager, then Manager may approve or reject prospective residents in good faith. In no event shall Manager be liable to Owner for approval or rejection of prospective residents or the termination of continuation of existing residents.
RENTING OF PREMISES. The Agent accepts the employment and agrees:
RENTING OF PREMISES. Property Manager shall use commercially reasonable efforts to facilitate the leasing of the Properties, and to cause the Properties to be rented to suitable and creditworthy tenants, as determined by Property Manager, it being understood that such tenants may have been the subject of foreclosures or similar proceedings involving the Property in which such tenant will reside and may have been the subject of a bankruptcy proceeding at or about the time of any such foreclosure or other proceeding. Within the budget allocations in the Annual Business Plan and Budget, and in the exercise of Due Care, subject to compliance with the rent schedule (as defined below), Property Manager shall cause, and shall oversee and direct, the advertising of the Properties, the negotiation and execution of all lease and rental agreements pertaining to the Properties and all renewals, modifications and terminations thereof using the standard lease forms approved by Owner. Property Manager shall provide to the Owner Parties and its members a copy of all lease forms, renewal forms and other agreement forms pertaining to the Properties (together with any updates thereto). Property Manager may make immaterial revisions as to the nature and substance of all such forms, based on Property Manager’s experience and understanding of the local market in which the Properties are located or if required by applicable law, and Property Manager shall be responsible for assuring that all lease forms, renewal forms and other agreement forms pertaining to the Properties comply at all times with all applicable laws and the Annual Business Plan and Budget. Subject to compliance with the Rent Schedule, Property Manager is and shall be authorized to cause the execution, delivery and renewal of any and all leases for the Property on behalf of Owner or the applicable Subsidiary, using the requisite forms as described above in this Section 3.01; provided, however, that, unless an Owner Party approves, all such leases or other rental agreements shall be for a period no longer than twenty-four (24) months, and all such leases shall require the tenant thereunder to pay for all utilities except that, if an Owner Party deems it advisable, water, gas, sewer, pool maintenance or other services may be provided by such Owner Party. Subject to compliance with the Rent Schedule, Property Manager is authorized to permit such concessions, considerations or other special arrangements as may be deemed appropriate, nece...
RENTING OF PREMISES. The Property Manager shall, and shall cause the Issuer to, comply with the provisions of Section 11.03. The Property Manager shall not be authorized to enter into a new lease or modify an existing Lease without the Directing Noteholder's prior written approval, which approval shall be obtained and given in accordance with Section 11.03(c)
