Common use of Utility and Service Contracts Clause in Contracts

Utility and Service Contracts. Manager shall, in its capacity as Manager pursuant to this Agreement, at Owner’s expense, 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 its capacity as Manager to this Agreement, 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 10 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 shall, in its capacity as Manager pursuant to this Agreement, at Owner’s 's expense, 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 its capacity as Manager to this Agreement, 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 2 contracts

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

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Utility and Service Contracts. Manager shall, in its capacity as Manager pursuant to this Agreement, at Owner’s expense, enter into contracts for water, electricity, gas, fuel, oil, telephone, vermin pest 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 its capacity as Manager to under this Agreement, 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 1 contract

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

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