Management Corporation definition
Examples of Management Corporation in a sentence
The Tenant and its agents and employees shall park their private vehicles only at such lots on such levels of the Building as the Landlord and/or the Management Corporation shall designate.
The Landlord shall pay any and all charges and fees payable to the Management Corporation in connection with the management and operation of the Building and so long as the Landlord pays these charges or fees punctually and regularly, the Landlord shall not be liable to the Tenant for any matters which are the responsibility of the Management Corporation or for any service(s) provided by the Management Corporation, which shall include the services set out in sub-clauses 7.2 and 7.4.
The Tenant shall not by its employees or agents solicit business in the parking or other common areas nor distribute pamphlets or Other advertising matter in motor or other vehicles parked in the parking area or In any other common areas nor display advertising malarial and shall at all times comply with any by-laws from time to time laid down by the Management Corporation.
The Management Corporation will maintain and keep in repair the Common Area during the Term inclusive of the exterior walls (other than office fronts) and all parking spaces, roads, pavement, gardens, water, drainage, lighting and other common facilities and services Provided That the manner in which such areas and facilities shall be maintained and the expenditure thereon shall be at the absolute discretion of the Management Corporation.
The Tenant acknowledges that the Management Corporation has the right to charge a fee at such rate or rates as may from time to time be fixed by the Management Corporation in respect of such parking facilities.