Examples of Property Manager in a sentence
To the extent such policies of insurance are maintained by any tenant of the Property, Manager shall use commercially reasonable efforts to cause the premiums for such policies to be paid on a timely basis, shall obtain and deliver to Master Tenant originals of such policies or certificates evidencing the effectiveness of such policies with paid receipts therefore and shall promptly inform Master Tenant upon the failure by any tenant to render or maintain such policy in a timely manner.
The Property Manager shall not be liable to account to the Company for any profits, commission or remuneration made or received in respect of transactions effected pursuant to the Property Manager’s advice to another client and nor will the Property Manager’s fees be abated as a result.
Rent payments must be mailed or delivered to a designation determined by the Property Manager listed below.
In performing its obligations under this Agreement, the Property Manager may, at its discretion, delegate any or all of its rights, powers and functions under this Agreement to any Person in accordance with section 2(d) without the need for the consent of the Company, provided that the Property Manager’s liability to the Company for all matters so delegated shall not be affected by such delegation.
For so long as this Agreement is in effect, the Company constitutes and appoints the Property Manager, with full power of substitution, its true and lawful attorney-in-fact and in its name, place and stead to carry out the Property Manager’s obligations and responsibilities to the Company under this Agreement, solely with respect to the Asset.