Common use of Where Maintained Clause in Contracts

Where Maintained. The books, accounts and records of the Company shall be at all times maintained at its principal office. If requested by the Company, the Property Manager shall, pursuant to the terms of its Management Agreement, keep and maintain such books, accounts and records, and its only payment for doing so shall be the fees paid under the Management Agreement. The Managing Member may, at any time, transfer the responsibility for keeping and maintaining such Company books and records to another party if it determines that the Company may recognize cost savings by doing so.

Where Maintained. The books, accounts and records of the Company shall be at all times maintained at its principal office. If requested by the Company, the Subsidiary Property Manager shall, pursuant to the terms of its Subsidiary Management Agreement, keep and maintain such books, accounts and records, and its only payment for doing so shall be the fees paid under the Subsidiary Management Agreement. The Managing Member Committee may, at any time, transfer the responsibility for keeping and maintaining such Company books and records to another party if it determines that the Company may recognize cost savings by doing so.

Where Maintained. The books, accounts and records of the Company shall be at all times maintained at its principal office. If requested by the Company, either the Property Manager or Asset Manager shall, pursuant to the terms of its the Management Agreement or Asset Management Agreement, as applicable, keep and maintain such books, accounts and records, and its only payment for doing so shall be the fees paid under the Management Agreement. The Managing Member may, at any time, transfer the responsibility for keeping and maintaining such Company books and records to another party if it determines that the Company may recognize cost savings by doing so.

Where Maintained. The books, accounts and records of the Company shall be at all times maintained at its principal office. If requested by the Company, the Property Manager shall, pursuant to the terms of its the Management Agreement, keep and maintain such books, accounts and records, and its only payment for doing so shall be the fees paid under the Management Agreement. The Managing Member may, at any time, transfer the responsibility for keeping and maintaining such Company books and records to another party if it determines that the Company may recognize cost savings by doing so.