Common use of Collection and Enforcement Clause in Contracts

Collection and Enforcement. Manager shall use its reasonable best efforts to enforce the tenant’s obligations under the Leases and to require compliance with the terms of the Leases on the part of the tenants and occupants. At the expense of Owner, Manager shall take such actions as may be necessary to enforce Owner’s rights under the Leases. Manager shall use its reasonable best efforts to collect all rents and other charges payable by tenants under the terms of their Leases, users of garage or other covered parking spaces (if any), lessees of other nondwelling facilities in the Property and concessionaires in consequence of the authorized operation of facilities in the Property maintained primarily for the benefit of tenants and otherwise due Owner with respect to the Property in the ordinary course of business; provided, however, nothing contained herein shall be construed as Manager’s guarantee of, and Manager does not guarantee, the creditworthiness or collectability of amounts payable by tenants, users, lessees or concessionaires. Owner authorizes Manager to request, demand, collect, receive and receipt all such rent and other charges and to institute legal proceedings in the name of, and as an expense reimbursable by Owner for the collection thereof, and for the dispossession of tenants and other persons from the Property, and such expense may include the engaging of counsel for any such matter. Manager shall collect, hold and otherwise deal with tenants’ security deposits on Owner’s behalf to comply with applicable state and local laws concerning Owner’s responsibility for security deposits and the interest thereon, if any.

Collection and Enforcement. Manager shall use its reasonable best efforts to enforce the tenant’s obligations under the Leases and to require compliance with the terms of the Leases on the part of the tenants and occupants. At the expense of Owner, Manager shall take such actions as may be necessary to enforce Owner’s rights under the Leases. . (1) Manager shall use its reasonable best efforts to collect all rents and other charges payable by tenants under the terms of their Leases, users of garage or other covered parking spaces (if any), lessees of other nondwelling facilities in the Property and concessionaires in consequence of the authorized operation of facilities in the Property maintained primarily for the benefit of tenants and otherwise due Owner with respect to the Property in the ordinary course of business; provided, however, nothing contained herein shall be construed as Manager’s guarantee of, and Manager does not guarantee, the creditworthiness or collectability of amounts payable by tenants, users, lessees or concessionaires. . (2) Owner authorizes Manager to request, demand, collect, receive and receipt all such rent and other charges and to institute legal proceedings in the name of, and as an expense reimbursable by Owner for the collection thereof, and for the dispossession of tenants and other persons from the Property, and such expense may include the engaging of counsel for any such matter. . (3) Manager shall collect, hold and otherwise deal with tenants’ security deposits on Owner’s behalf to comply with applicable state and local laws concerning Owner’s responsibility for security deposits and the interest thereon, if any.