Owner Obligations definition

Owner Obligations. Owner agrees to: pay all mortgage obligations, real estate taxes, property assessments, association fees, and expenses associated with the Unit, content and liability insurance as they become due. pay for all charges in connection with installation, connection, and/or initiation of telephone, electricity, gas (when needed), water, cable TV, and any other relevant service providers in connection therewith. pay all costs involved in obtaining a license for short-term rental of the unit along with all expenses incurred in bringing unit up to standard required for obtaining a license for short term rental. execute a limited power of attorney in the form attached hereto as Exhibit A naming RHN as Owner’s attorney-in-fact for the purposes stated therein, including, but not limited to giving RHN the right to evict Guests who refuse or fail to adhere to the rules and regulations of the resort where the Unit is located or those guest who are in breach of their Agreement with RHN.
Sample 1
Owner Obligations shall have the meaning given in Paragraph 3.1(b) of Schedule 12.11 hereof.
Sample 1
Owner Obligations. Owner will timely provide at Owner’s expense, and is solely responsible throughout performance of the specified work for: (a) unobstructed access to the worksite; (b) removal of any existing hazardous materials or other environmental hazards; (c) identification of private utility connections and locations and arranging for any relocation of utilities; (d) providing electricity, water and toilet facilities for use by Seamless; (e) secure storage for Seamless materials and equipment necessary to complete work; (f) removal and protection of Owner’ s personal property, (g) allowing Seamless to manage and conduct work in accordance with the terms of this contract without undue interference, provided, however, that Owner is encouraged to discuss issues relating to the specified work with Seamless for such purpose; and (h) obtaining all necessary government permits, approvals, or inspections that may be required for the specified work.
Sample 1

Examples of Owner Obligations in a sentence

  • Property Owner Obligations The Anabec products are not an alternative to good housekeeping and maintenance practices and it is the property owner’s obligation to insure there are no pipe leaks, high humidity levels, moisture intrusion, etc.

  • MAINTENANCE 39 10.1 Connecting Transmission Owner Obligations 39 10.2 Developer Obligations 39 10.3 Coordination.

  • Assignor retains all Grassland Owner Obligations under the PIA with respect to any portion of the Property or Property Interest that is not conveyed, transferred, or granted that the Assignor continues to own.

  • Assignor hereby assigns and transfers to Assignee all of the Grassland Owner Obligations with respect to the interest in the Property or Property Interest that is conveyed, transferred, or granted to Assignee.

  • Unauthorized Use and Owner Obligations In the event that you suffer a loss through unauthorized transactions on your Accounts, you must report the matter to Libro immediately by calling your Branch or Libro Connect.

  • Local Authority Obligations Base Cost to Local Authority for Use of Property Maintenance Food Occupied Area Cleaning Common Area Cleaning Waste Management Clean Linens Laundry Service Parking Security Utilities Modifications Other Local Authority Obligations Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Property Owner Obligations Maintenance Cost to Local Auth.

  • Assignor hereby assigns and transfers to Assignee all of the Forest Owner Obligations with respect to the interest in the Property or Property Interest that is conveyed, transferred, or granted to Assignee.

  • Owner Obligations Regarding Mold Upon written notification of Resident, Owner shall within a reasonable time, repair water leaks in the apartment, provided such leaks are not caused by the misuse of or the neglect of Resident, or any Occupant, guest, or invitees of the Resident, or by any violation of the Lease or this Mold Addendum by Resident, or any Occupant, guests, or invitees of Resident.

  • MAINTENANCE 38 10.1 Connecting Transmission Owner Obligations 38 10.2 Developer Obligations 38 10.3 Coordination.

  • Notwithstanding anything to the contrary set forth in this Section 3.29, each Party acknowledges that such Party’s performance of the Generator Operator Obligations or Generator Owner Obligations may not satisfy the requirements for self-certification or compliance with the NERC Reliability Standards, and that it shall be the sole responsibility of each Party to implement the processes and procedures required by NERC, WECC, or the CAISO in order to comply with the NERC Reliability Standards.


More Definitions of Owner Obligations

Owner Obligations. Owner shall: 1.) furnish all necessary surveys and/or documents in its possession describing any physical characteristics of the Project; 2.) Make payments in accordance per the attached Agreement; 3,) shall not interfere with the working forces of Preferred or its subcontractors, providing each free and uninterrupted access to the Project site; 4.) advise Preferred immediately of hazardous conditions, including notices from any governmental authority, granting additional compensation and an equitable extension due to the need to remediate such hazardous conditions; 5.) Timely provide Preferred with notice of any claims of non-performance or defective work; 6.) Not let other contracts in connection with the Project which may interfere with the work of Preferred; 7.) Not issue any instructions to Preferred workers contractors such as to interfere with Contractor’s completion of the Work. WORK PERFORMANCE: When the work is substantially completed, within three days, Owner shall inspect the work and, if satisfactory, Owner shall sign a final certificate (including a punch list stating the work is accepted, waiving all claims except for faulty work PROJECT TIME: Preferred shall be granted an extension of time equitably adjusted to take into consideration the delays associated with such special material and other matters beyond its control. Preferred shall not be liable for any delay caused by fires, strikes, acts of a governmental authority, Acts of God, inclement weather, or conditions delays or defaults by public or private carriers, shortages of materials or labor which are not caused by Preferred or acts or omissions of Owner, its employees or other causes beyond the control of Preferred.
Sample 1

Related to Owner Obligations

  • Seller Obligations means all present and future indebtedness, reimbursement obligations, and other liabilities and obligations (howsoever created, arising or evidenced, whether direct or indirect, absolute or contingent, or due or to become due) of the Seller to any Purchaser Party, Seller Indemnified Party and/or any Affected Person, arising under or in connection with this Agreement or any other Transaction Document or the transactions contemplated hereby or thereby, and shall include, without limitation, all obligations of the Seller in respect of the Seller Guaranty and the payment of all Capital, Yield, Fees and other amounts due or to become due under the Transaction Documents (whether in respect of fees, costs, expenses, indemnifications or otherwise), including, without limitation, interest, fees and other obligations that accrue after the commencement of any Insolvency Proceeding with respect to the Seller (in each case whether or not allowed as a claim in such proceeding).

  • Specified Obligations means Obligations consisting of the principal of and interest on Loans, reimbursement obligations in respect of Swing Line Loans and L/C Obligations (including interest accrued thereon), and fees.

  • Senior Obligations is defined in Section 5.1 of this Agreement.

  • Guaranty Obligations means, with respect to any Person, without duplication, any obligations of such Person (other than endorsements in the ordinary course of business of negotiable instruments for deposit or collection) guaranteeing or intended to guarantee any Indebtedness of any other Person in any manner, whether direct or indirect, and including without limitation any obligation, whether or not contingent, (a) to purchase any such Indebtedness or any property constituting security therefor, (b) to advance or provide funds or other support for the payment or purchase of any such Indebtedness or to maintain working capital, solvency or other balance sheet condition of such other Person (including without limitation keep well agreements, maintenance agreements, comfort letters or similar agreements or arrangements) for the benefit of any holder of Indebtedness of such other Person, (c) to lease or purchase property, securities or services primarily for the purpose of assuring the holder of such Indebtedness, or (d) to otherwise assure or hold harmless the holder of such Indebtedness against loss in respect thereof. The amount of any Guaranty Obligation hereunder shall (subject to any limitations set forth therein) be deemed to be an amount equal to the outstanding principal amount (or maximum principal amount, if larger) of the Indebtedness in respect of which such Guaranty Obligation is made.

  • Recourse Obligations has the meaning set forth in Section 2.1.

  • Debt Obligations means any debt obligations issued or guaranteed by the Government of Japan.

  • Junior Obligations means the Junior Obligations of the Guarantor and the Junior Obligations of the Issuer;