Common use of Management of Property Clause in Contracts

Management of Property. The Board of Directors shall have the authority to engage the services of an agent (herein sometimes referred to as the “Managing Agent”) to maintain, repair, replace, administer and operate the Property and to manage the affairs of the Association to the extent deemed advisable by the Board of Directors. The Managing Agent shall be required to have fidelity bond coverage on its employees handling Association funds, and the cost of such services shall be a Common Expense of the Association.

Management of Property. The Board of Directors shall have the authority to engage the services of an agent (herein sometimes referred to as the “Managing Agent”) to maintain, repair, replace, administer and operate the Property and to manage the affairs of the Association Property, or any part thereof, to the extent deemed advisable by the Board Board, subject to the provisions of Directorssub-paragraph (c) below. The Managing Agent shall be required to have fidelity bond coverage on its employees handling Association funds, and the cost of such services shall be a Common Expense of the Associationcommon expense, as defined in Paragraph 10 below.

Management of Property. The Board of Directors shall have the authority to engage the services of an agent (herein sometimes referred to as the “Managing managing Agent”) to maintain, repair, replace, administer administer, and operate the Property and to manage the affairs of the Association property, or any part thereof, to the extent deemed advisable by the Board Board, subject to the provisions of Directorssubparagraph (c) below. The Board shall require that such Managing Agent shall be required to have fidelity bond coverage on its employees handling Association funds, and the . The cost of such services shall be a Common Expense of the Associationcommon expense, as defined in Paragraph No. 10 hereof.

Management of Property. The Board of Directors shall have the authority to engage the services of an agent (herein sometimes referred to as the “Managing Agent”) to maintain, repair, replace, administer and operate the Property and to manage the affairs of the Association Property, or any part thereof, to the extent deemed deemed- advisable by the Board Board, subject to the provisions of Directorssubparagraph (c) below. The Board shall require that such Managing Agent shall be required to have fidelity bond coverage on its employees handling Association funds, and the . The cost of such services shall be a Common Expense of the Associationcommon expense, as defined in paragraph 10 hereof.