Manager Owner definition
Examples of Manager Owner in a sentence
In addition, following notice to Manager of the existence of any such material failure by Manager, Owner shall have the right to cure any such material failure by Manager, and any sums so expended in curing shall be owed by Manager to such curing party and may be offset against any sums owed to Manager under this Agreement.
Notwithstanding the foregoing or any other term or provision herein, upon notice to Manager, Owner shall have the right to assume responsibility for the direct payment of certain expenses of Owner, as may be determined by Owner.
Promptly after the execution of this Contract, Design-Builder shall confer with the Program Manager, Owner, and Using Agency to identify personnel and relevant organizational charts of each team member, and to establish working relationships with each team member.
In the event the disbursements shall be in excess of the rents collected by Manager, Owner hereby agrees to pay such excess promptly upon demand of Manager, subject to the provisions of paragraph 8 hereof.
Upon recommendation by the Program Manager and approval by the Owner, the Construction Progress Schedule shall become the Overall Project Schedule, which shall be utilized by the Program Manager, Owner and Design-Builder.
RREM and Manager hereby agree that nothing contained herein or in any document executed in connection herewith shall be construed as making any combination of Manager, Owner and RREM joint venturers or partners.
Nevertheless, in the event the insurance proceeds are insufficient or there is no insurance coverage to satisfy the demand, claim, action, loss, liability or expense and the same did not arise out of the gross negligence or willful misconduct of Manager, Owner agrees, at its expense, to indemnify and hold Manager and its subsidiaries, affiliates, officers, directors, employees, agents or independent contractors harmless to the extent of the excess liability.
The Design-Builder shall provide training in the operation and maintenance of all mechanical and electrical systems in the presence of the Program Manager and Owner to the Using Agency and shall give notice in writing to the Program Manager, Owner and Using Agency at least fifteen (15) days prior to the date it is proposes for the training.
The Design-Builder shall actively participate in Design Coordination Meetings with the Program Manager, Owner, and Using Agency, for the purpose of collaborating and coordinating the final design and Construction Documents.
Upon the prior written consent of Manager, Owner shall have the authority to enter into such a contract for leasing services with a third party (a “Third Party Leasing Agreement”); provided that Manager shall have no liability or responsibility to Owner for any of the duties and obligations undertaken by such party, and Owner agrees to indemnify Manager for all Losses incurred by Manager as a result of acts of such third party pursuant to the Third Party Leasing Agreement.