Common use of Replacements and Repairs Clause in Contracts

Replacements and Repairs. Pursuant to the Annualized Budget and at Owner’s cost, and when required, Manager shall make or cause to be made all ordinary repairs and replacements necessary to preserve the Premises in its present condition, in all material respects, and for the operating efficiency thereof. Manager shall also perform all alterations required to comply with any lease requirements, work with municipalities to comply with any code or lender requirements, attend lender inspections and assist with the lender reserve requirement processes.

Appears in 11 contracts

Samples: Master Real Estate Management Agreement (Inland Residential Properties Trust, Inc.), Master Real Estate Management Agreement (Inland Residential Properties Trust, Inc.), Master Real Estate Management Agreement (Inland Residential Properties Trust, Inc.)

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Replacements and Repairs. Pursuant to the Annualized Budget and at Owner’s cost, and when requiredapplicable, Manager shall make or cause to be made all ordinary repairs and replacements necessary to preserve the Premises in its present condition, in all material respects, and for the operating efficiency thereof. Manager shall also perform all alterations required to comply with any lease requirements, work with municipalities to comply with any code or lender requirements, attend lender inspections and assist with the lender reserve requirement processes.

Appears in 9 contracts

Samples: Master Real Estate Management Agreement (Inland Diversified Real Estate Trust, Inc.), Master Real Estate Management Agreement (Inland Diversified Real Estate Trust, Inc.), Master Real Estate Management Agreement (Inland Diversified Real Estate Trust, Inc.)

Replacements and Repairs. Pursuant to the Annualized Budget and at Owner’s cost, and when required, Manager shall make or cause to be made all ordinary repairs and replacements necessary to preserve the Premises in its present condition, in all material respects, and for the operating efficiency thereof. Manager shall also perform all alterations required to comply with any lease requirements, work with municipalities to comply with any code or lender requirements, attend lender inspections and assist with the lender reserve requirement processes.to

Appears in 3 contracts

Samples: Master Real Estate Management Agreement, Master Real Estate Management Agreement (Inland Real Estate Income Trust, Inc.), Master Real Estate Management Agreement (Inland Real Estate Income Trust, Inc.)

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Replacements and Repairs. Pursuant to the Annualized Applicable Budget and at Owner’s cost, and when requiredapplicable, Manager shall make or cause to be made all ordinary repairs and replacements necessary to preserve the Premises in its present condition, in all material respects, and for the operating efficiency thereof. Manager shall also perform all alterations required to comply with any lease requirementsrequirements including, work but not limited to, working with municipalities to comply with any code or lender requirements, attend attending lender inspections and assist assisting with the lender reserve requirement processesprocess.

Appears in 1 contract

Samples: Master Real Estate Management Agreement (Inland Diversified Real Estate Trust, Inc.)

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