Common use of Management of Properties Clause in Contracts

Management of Properties. 8.1. The Owner hereby irrevocably and unconditionally agree that LiveIn shall be at full liberty to do any or all of the following throughout the Term and/or any of the Renewed Term(s) without any further notice or reference to the Owner: (a) to manage the Property and handle all administrative matters with the Tenants throughout the Term without having to obtain the consent of the Owner and without any interference from the Owner; (b) to deal with the Tenants in the manner as it deems fit; (c) to impose any terms and conditions on the Tenants including the rental of the Property and/or the rooms erected therein; (d) to keep all the Collection Sum, utilities and other deposits collected from the Tenants for the purposes stated in the tenancy agreement(s); (e) to keep the Collection Sum paid by the Tenants to LiveIn for distribution in accordance with clause 2.2; (f) to arrange for the Tenants to execute the tenancy agreement if necessary based on the terms and conditions agreed by the Owner and Tenants; (g) maintain the Property in good and tenantable repair where: (i) if the damages are caused by the Tenants, LiveIn shall bear the costs of repairs; (ii) if the damages are not caused by the Tenants, LiveIn shall bear the costs of repairs that are less than Ringgit Malaysia Eighty (RM80.00) only. Any costs of repairs that shall be more than Ringgit Malaysia Eighty (RM80.00) shall be paid by the Owner by deducting from the following month of Owner’s Entitlement from the date LiveIn shall be made notified; or (iii) if there is normal wear and tear, any costs of repair or maintenance shall be paid by the Owner by deducting from the following month of Owner’s Entitlement from the date LiveIn shall be made notified; and (h) (where the Property is an entire building) decide and execute on general upkeep and property management matters of the Property such as but not limited to management of security guards, landscaping, allocation of parking spaces and management of facilities in the Property; (i) (where the Property is an entire building) allow LiveIn to exhibit any internal and external advertisement, announcement or signboards as LiveIn may deem fit and necessary; (j) charge the Tenants on top of the Collection Sum(s) for any additional service(s) rendered by LiveIn or by any party contracted by ▇▇▇▇▇▇; (k) allow LiveIn to issue invoice(s), receipt(s) and collect rental(s) from the Property; and (l) yield up the Property at the expiration or sooner determination of this Agreement in good repair and condition (fair wear and tear excepted) in accordance with the covenants hereincontained.

Management of Properties. 8.1. The Owner hereby irrevocably and unconditionally agree that LiveIn shall be at full liberty to do any or all of the following throughout the Term and/or any of the Renewed Term(s) without any further notice or reference to the Owner: (a) to manage the Property and handle all administrative matters with the Tenants throughout the Term without having to obtain the consent of the Owner and without any interference from the Owner; (b) to deal with the Tenants in the manner as it deems fitt; (c) to impose any terms and conditions on the Tenants including the rental of the Property and/or the and/orthe rooms erected therein; (d) to keep all the Collection Sum, utilities and other deposits collected from the Tenants for the purposes thepurposes stated in the tenancy agreement(s); (e) to keep the Collection Sum paid by the Tenants to LiveIn for distribution in accordance with accordancewith clause 2.2; (f) to arrange for the Tenants to execute the tenancy agreement if necessary based on the terms and conditions agreed by the Owner and Tenants; (g) maintain the Property in good and tenantable repair where: (i) if the damages are caused by the Tenants, LiveIn shall bear the costs of repairs; (ii) if the damages are not caused by the Tenants, LiveIn shall bear the costs of repairs that are less than Ringgit Malaysia Eighty (RM80.00) only. Any costs of repairs that shall be more than Ringgit Malaysia Eighty (RM80.00) shall be paid by the Owner by deducting from the following month of Owner’s Entitlement from the date LiveIn shall be made notifiedmadenoti ed; or (iii) if there is normal wear and tear, any costs of repair or maintenance shall be paid by the Owner by deducting from the following month of Owner’s Entitlement from the date LiveIn shall be shallbe made notifiednoti ed; and (h) (where the Property is an entire building) decide and execute on general upkeep and property management matters of the Property such as but not limited to management of security guards, landscaping, allocation of parking spaces and management of facilities in the Property; (i) (where the Property is an entire building) allow LiveIn to exhibit any internal and external advertisement, announcement or signboards as LiveIn may deem fit t and necessary; (j) charge the Tenants on top of the Collection Sum(s) for any additional service(s) rendered by LiveIn or by any party contracted by ▇▇▇▇▇▇; (k) allow LiveIn to issue invoice(s), receipt(s) and collect rental(s) from the Property; and (l) yield up the Property at the expiration or sooner determination of this Agreement in good repair and condition (fair wear and tear excepted) in accordance with the covenants hereincontained.