Leasing Guidelines. Owner shall, from time to time, provide Manager with leasing guidelines outlining the leasing requirements. Such guidelines shall include, without limitation, permitted parameters regarding term, rental rates and lease concessions, if any. Manager shall have no authority to vary lease terms from the parameters set forth in the leasing guidelines, or otherwise bind Owner with respect to any tenant unless otherwise agreed to by Owner.
Appears in 6 contracts
Sources: Property Management Agreement (Balcor Equity Properties Xii), Property Management Agreement (Balcor Realty Investors 84), Property Management Agreement (Balcor Realty Investors 85 Series I)