Common use of Repair, Maintenance and Improvements Clause in Contracts

Repair, Maintenance and Improvements. Manager shall make, execute, supervise and have control over the making and executing of all decisions concerning the acquisition of furniture, fixtures and supplies for the Property, and may purchase, lease or otherwise acquire the same and which items shall be owned by Manager. Manager shall make and execute, or supervise and have control over the making and executing of all decisions concerning the maintenance, repair and landscaping of the Property, provided, however, that such maintenance, repair and landscaping shall be consistent with the maintenance, repair and landscaping implemented by Manager and its affiliates at any other properties operated by Manager or its affiliates. Manager shall, on behalf of Owner, negotiate and contract for and supervise the installation of all capital improvements related to the Property; provided, however, that Manager agrees to secure the prior written approval of Owner on all such expenditures in excess of $10,000.00 for any one item, except monthly or recurring operating charges and/or emergency repairs if in the opinion of Manager such emergency repairs are necessary to protect the Property from damage or to maintain services to the Owner or any customers. In the event such emergency repairs exceed $10,000, Manager shall notify Owner and the insurer as applicable of the cost estimate for such work.

Appears in 16 contracts

Samples: Property Management Agreement (Amerco /Nv/), Property Management Agreement (Amerco /Nv/), Property Management Agreement (Amerco /Nv/)

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Repair, Maintenance and Improvements. Manager shall make, execute, supervise and have control over the making and executing of all decisions concerning the acquisition of furniture, fixtures and supplies for the Property, and may purchase, lease or otherwise acquire the same and which items shall be owned by Manageron behalf of Owner. Manager shall make and execute, or supervise and have control over the making and executing of all decisions concerning the maintenance, repair and landscaping of the Property, provided, however, that such maintenance, repair and landscaping shall be consistent with the maintenance, repair and landscaping implemented by Manager and its affiliates at any other properties operated by Manager or its affiliates. Manager shall, on behalf of Owner, negotiate and contract for and supervise the installation of all capital improvements related to the Property; provided, however, that Manager agrees to secure the prior written approval of Owner on all such expenditures in excess of $10,000.00 - for any one item, except monthly or recurring operating charges and/or emergency repairs if in the opinion of Manager such emergency repairs emergency-related expenditures are necessary to protect the Property from damage or to maintain services to the Owner Owners or any customersself-storage licensees as called for in their respective leases or self-storage agreements. In the event of such emergency repairs exceed in excess of $10,000, Manager shall notify Owner and the insurer as applicable of the cost estimate for such work.

Appears in 13 contracts

Samples: Property Management Agreement (Amerco /Nv/), Property Management Agreement (Amerco /Nv/), Property Management Agreement (Amerco /Nv/)

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Repair, Maintenance and Improvements. Manager shall make, execute, supervise supervise, and have control over the making and executing of all decisions concerning the acquisition of furniture, fixtures fixtures, and supplies for the Property, and may purchase, lease lease, or otherwise acquire the same and which items shall be owned by Manager. Manager shall make and execute, or supervise and have control over the making and executing executing, of all decisions concerning the maintenance, repair repair, and landscaping of the Property, provided, however, that such maintenance, repair repair, and landscaping shall be consistent with the maintenance, repair and landscaping implemented by Manager and its affiliates at any that of other properties operated by Manager or its affiliates. Manager shall, on behalf of Owner, negotiate and contract for and supervise the installation of all capital improvements related to the Property; provided, however, that Manager agrees to secure the prior written approval of Owner on all such expenditures in excess of $10,000.00 for any one item, except monthly or recurring operating charges and/or emergency repairs if in the opinion of Manager such emergency repairs are necessary to protect the Property from damage or to maintain services to the Owner or any customers. In the event such emergency repairs exceed $10,000, Manager shall notify Owner and the insurer as applicable of the cost estimate for such work.

Appears in 8 contracts

Samples: Property Management Agreement (U-Haul Holding Co /NV/), Property Management Agreement (U-Haul Holding Co /NV/), Property Management Agreement (U-Haul Holding Co /NV/)

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