Common use of Right to Subcontract Property Management Functions Clause in Contracts

Right to Subcontract Property Management Functions. Property Manager reserves the right, in its sole discretion, to subcontract some or all of the property management functions described herein to local property managers and certain other parties. However, except as expressly provided herein, the fees to be paid to Property Manager under this Agreement are inclusive of fees payable to such third parties.

Right to Subcontract Property Management Functions. Property The Asset Manager reserves the right, in its sole discretion, to subcontract some or all of the property management functions described herein to local property managers and certain other parties (which may be affiliates). The Asset Manager shall notify the Owner in the event some or all of the property management functions described herein are subcontracted to such local property managers or other parties. However, except as expressly provided herein, the fees to be paid to Property the Asset Manager under this Agreement are inclusive of fees payable to such third partiesparties unless otherwise mutually agreed to by the Owner and the Asset Manager.