Common use of Utility and Service Contracts Clause in Contracts

Utility and Service Contracts. Manager shall, at Owner’s expense and in Owner’s name or in Manager’s name as agent for Owner, enter into contracts for water, electricity, gas, fuel, oil, telephone, vermin extermination, trash removal, cable television, security protection and other services deemed by Manager to be necessary or advisable for the operation of the Property. Manager shall also, in Owner’s name or in Manager’s name as agent for Owner and at Owner’s expense, place orders for such equipment, tools, appliances, materials, and supplies as are reasonable and necessary to properly maintain the Property. Owner agrees to pay or reimburse Manager for all expenses and liabilities incurred by reason of this Section provided that such amounts are in accordance with the Operating Budget.

Appears in 27 contracts

Samples: Property Management Agreement (Steadfast Apartment REIT, Inc.), Property Management Agreement (Steadfast Apartment REIT, Inc.), Property Management Agreement (Steadfast Apartment REIT, Inc.)

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Utility and Service Contracts. Manager shallshall make, at Owner’s expense and in Owner’s name or in Manager’s name name, as agent for Owner, enter into contracts for water, electricity, gas, fuel, oil, telephone, vermin extermination, trash removal, cable television, security protection and other services deemed by Manager to be necessary or advisable for the operation of the Property. Manager shall also, in In Owner’s name or in Manager’s name name, as agent for Owner Owner, and at Owner’s expense, Manager shall also place orders for such equipment, tools, appliances, materials, and supplies as are reasonable and necessary to properly maintain the Property. Owner agrees to pay or reimburse Manager for all expenses and liabilities incurred by reason of this Section provided that such amounts are in accordance with the Operating Budget.

Appears in 3 contracts

Samples: Property Management Agreement (Steadfast Income REIT, Inc.), Property Management Agreement (Steadfast Income REIT, Inc.), Property Management Agreement (Steadfast Income REIT, Inc.)

Utility and Service Contracts. Manager shall, at Owner’s 's expense and in Owner’s 's name or in Manager’s 's name as agent for Owner, enter into contracts for water, electricity, gas, fuel, oil, telephone, vermin extermination, trash removal, cable television, security protection and other services deemed by Manager to be necessary or advisable for the operation of the Property. Manager shall also, in Owner’s 's name or in Manager’s 's name as agent for Owner and at Owner’s 's expense, place orders for such equipment, tools, appliances, materials, and supplies as are reasonable and necessary to properly maintain the Property. Owner agrees to pay or reimburse Manager for all expenses and liabilities incurred by reason of this Section provided that such amounts are in accordance with the Operating Budget.

Appears in 1 contract

Samples: Assignment of Management Agreement and Subordination of Management Fees (Steadfast Income REIT, Inc.)

Utility and Service Contracts. Manager shall, at Owner’s ' s expense and in Owner’s ' s name or in Manager’s 's name as agent for Owner, enter into contracts for water, electricity, gas, fuel, oil, telephone, vermin extermination, trash removal, cable television, security protection and other services deemed by Manager to be necessary or advisable for the operation of the Property. Manager shall also, in Owner’s 's name or in Manager’s 's name as agent for Owner and at Owner’s 's expense, place orders for such equipment, tools, appliances, materials, and supplies as are reasonable and necessary to properly maintain the Property. Owner agrees to pay or reimburse Manager for all expenses and liabilities incurred by reason of this Section provided that such amounts are in accordance with the Operating Budget.

Appears in 1 contract

Samples: Assignment of Management Agreement and Subordination of Management Fees (Steadfast Income REIT, Inc.)

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Utility and Service Contracts. Manager shallshall make, at Owner’s expense and in Owner’s name or in Manager’s name name, as agent for Owner, enter into contracts for water, electricity, gas, fuel, oil, telephone, vermin extermination, trash removal, cable television, security protection and other services deemed by Manager to be necessary or advisable for the operation of the Property. Manager shall also, in In Owner’s name or in Manager’s name name, as agent for Owner Owner, and at Owner’s expense, Manager shall also place orders for such equipment, tools, appliances, materials, and supplies as are reasonable and necessary to properly maintain the Property. , Owner agrees to pay or reimburse Manager for all expenses and liabilities incurred by reason of this Section provided that such amounts are in accordance with the Operating Budget.

Appears in 1 contract

Samples: Property Management Agreement (Steadfast Income REIT, Inc.)

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