Third Party Agreements. Owner hereby appoints Manager as Owner’s authorized agent for the purpose of executing, as agent for Owner, any agreements with third-parties necessary for operation of the Premises. For example, and not in limitation of the foregoing, Manager shall negotiate and enter into contracts for services and items in the Annualized Budget relating to the Premises.
Appears in 23 contracts
Samples: Master Real Estate Management Agreement, Master Real Estate Management Agreement (Inland Residential Properties Trust, Inc.), Master Real Estate Management Agreement (Inland Residential Properties Trust, Inc.)
Third Party Agreements. Owner hereby appoints Property Manager as Owner’s authorized agent for the purpose of executing, as agent for Owner, any leases with tenants and agreements with third-parties necessary for operation of the Premises. For example, and not in limitation of the foregoing, Property Manager shall negotiate and enter into contracts for services and items in the Annualized Budget relating to the Premises.
Appears in 3 contracts
Samples: Property Management Agreement (IPC Alternative Real Estate Income Trust, Inc.), Limited Liability Company Agreement, Limited Liability Company Agreement (Inland Real Estate Corp)
Third Party Agreements. Owner hereby appoints Manager as Owner’s authorized agent for the purpose of executing, as agent for Owner, any agreements with third-parties necessary for operation of the Premises. For example, and not in limitation of the foregoing, Manager shall negotiate and enter into contracts for services and items in the Annualized Budget relating to the Premises. Notwithstanding the foregoing, any contract involving expenditures in excess of $___________________ shall require the prior unanimous approval of the Members of Owner prior to execution by Manager.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (Inland Diversified Real Estate Trust, Inc.)
