Owners Duties and Responsibilities Clause Samples

The "Owner’s Duties and Responsibilities" clause defines the specific obligations and roles that the owner must fulfill under the contract. Typically, this includes providing access to the site, supplying necessary information or approvals, and ensuring timely payments to the contractor. For example, the owner may be required to obtain permits or coordinate with third parties as needed for the project. This clause ensures that the owner actively supports the project’s progress and clarifies expectations, thereby reducing the risk of delays or disputes caused by owner inaction or oversight.
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Owners Duties and Responsibilities. 2.1 Owner shall provide the equipment described on Exhibit B attached hereto. 2.2 The Owner shall make available existing surveys, records, and other information describing the physical characteristics, legal limitations and utility locations for the project site. Owner makes no representations or warranties regarding the accuracy of such information. 2.3 Subject to Section 12, Owner shall be responsible for all federal and state mining permits and approvals necessary for Contractor's operations under this Agreement. 2.4 Owner hereby designates John Shaal as project manag▇▇ ("▇▇▇▇▇'s Representative") who shall be its representative and sole contact for purposes of this Agreement and who shall have full authority to take all actions required under this Agreement on behalf of Owner. Any and all approvals, consents, directives or other actions required or requested of Owner must be approved by Owner's Representative. The above designated person may be changed only with the approval of Owner's President. 2.5 Owner shall have the right (but not the obligation), after consultation with Contractor, to modify the Mining Plan and/or daily operations by Contractor to accommodate production requirements at Owner's Facility. 2.6 Owner shall pay Contractor for its services in accordance with Section 4. 2.7 Owner shall hook up and supply all electric power necessary for Contractor's operations at Owner's cost. 2.8 Owner shall install and maintain a flow meter and density gauge to measure and calculate the dry tons delivered by Contractor. The data from Owner's flow meter and density gauge shall be used for purposes of determining payment to Contractor pursuant Section 4 and for determining compliance with Contractor's Performance Design Objectives set forth in Section 1.1. 2.9 Owner shall provide any rigid pipe needed for the repair or replacement of the rigid pipe from the flex discharge hose to the booster sump initially installed by Owner, as set forth on Exhibit B, but Contractor shall retain the duty to maintain, repair and replace such rigid pipe initially furnished by Owner.
Owners Duties and Responsibilities. 3.1. Information and Services Required of the Owner.
Owners Duties and Responsibilities. In consideration of receiving assistance under this the Owner agrees as follows: 1. The Owner agrees that if the Owner rents the real property described in this Agreement within five years of signing this Agreement, the Owner, as landlord, will: A. for five years from the date of this Agreement, maintain rents for the unit at or below the Fair Market Rents established by HUD and subject to review for compliance by the County. B. allow the County to annually review the rents charged for the unit to ensure compliance with the rent cap. The Owner agrees to provide the County with any information necessary to perform this review. 2. If the Owner fails to comply with the conditions in Section II of this Agreement, the County may assess and collect from the Owner within 60 days of the date of any special sewer assessment notice to Owner, the amount of funds granted to the Owner by the County under this Agreement pursuant to a prorata five-year sliding scale of 20 percent per year. If the Owner does not repay the funds owed to the County within 60 days of the date of notice, the amount owed becomes a lien against the property, and the County may resort to the property and seek any remedies provided by the laws of Montana, including foreclosure, always holding the Owner responsible for any deficiency after the sale of the property securing the grant. 3. If the Owner conveys the real property described in this Agreement within five years of the date of this Agreement, the repayment provisions of paragraph 2, above, apply.
Owners Duties and Responsibilities. The BROKER is granted the right to sell the Property, as the Owner’s exclusive agent, during the term of this Agreement and to cooperate in marketing the Property, including preparation of the Purchase and Sales Agreement. If the Property is sold to a buyer procured by the Broker, the fee described in paragraph 4 shall be due. The Owner reserves the right to sell the Property himself during the Listing Period (as hereinafter defined) without owing a fee. If the Owner places the Property under agreement with a buyer, the Owner shall notify the Broker promptly. The Broker is authorized and is required: (a) to offer compensation to other licensed brokers as subagents of Owner, buyer’s agents or otherwise; (b) to place a listing for the property in the multiple listing service; (c) to publish a photograph of the Property and advertise the Property in such media as the Broker may select. The Owner hereby authorizes the Broker to disclose to prospective buyers all information about the Property provided to the Broker by the Owner, all of which the Owner represents to be accurate. The Owner acknowledges receipt of an agency disclosure form and has been advised of (i) the Broker’s general company policies regarding cooperation with and compensation to subagents, Buyer’s agents and other licensees; (ii) the fact that a buyer’s agent, even if compensated by the listing broker or seller will represent the interest of the buyer and (iii) any potential for the listing broker to act as a disclosed dual agent on behalf of the seller and buyer. The Owner agrees to comply with all applicable fair housing laws.
Owners Duties and Responsibilities. 4.1 During this Agreement, the Owner shall: a. pay all payments due under any Mortgage in full and on the due dates; b. keep in place adequate Insurance Policy with a reputable Insurer, and observe the terms of the Insurance policy so far as they relate to the Property, and the sub-letting of rooms therein and/or serviced accommodation and shall provide the Manager with a full copy of the Insurance Policy and any renewal, variation or alteration from time to time; c. provide all information, consents, approvals and signature on documents which the Manager shall reasonably require in relation to managing the Property; d. warrant that any required consent from a lender in relation to any Mortgage concerning the subletting of rooms at the Property or other occupation of the Property by a Tenant has been obtained, such that the Manager may proceed with the Management of the Property; e. assist the Manager with the taking of proceedings or use of any other procedures to obtain or enforce any court order for possession of a room in or of the whole Property.
Owners Duties and Responsibilities. The BROKER is granted the right to sell the Property, as the Owner’s exclusive agent, during the term of this Agreement and to cooperate in marketing the Property, including preparation of the Purchase and Sales Agreement. If the Property is sold to a buyer procured by the Broker, the fee described in paragraph 4 shall be due. The Owner reserves the right to sell the Property himself during the Listing Period (as hereinafter defined) without owing a fee. If the Owner places the Property under agreement with a buyer, the Owner shall notify the Broker promptly. The Broker is authorized and is required: (a) to offer compensation to other licensed brokers as subagents of Owner, buyer’s agents or otherwise; (b) to place a listing for the property in the MLSPIN (multiple listing service); (c) to publish a photograph of the Property and advertise the Property in such media as the Broker may select. The Owner hereby authorizes the Broker to disclose to prospective buyers all information about the Property provided to the Broker by the Owner, all of which the Owner represents to be accurate. The Owner acknowledges receipt of an agency disclosure form and according to the Code of Ethics and Standards of Practice of the National Association of Realtors® has been advised of (i) the Broker’s general company policies regarding cooperation with and compensation to subagents, Buyer’s agents and other licensees; (ii) the fact that a buyer’s agent, even if compensated by the listing broker or seller will represent the interest of the buyer and (iii) any potential for the listing broker to act as a disclosed dual agent on behalf of the seller and buyer. The Owner agrees to comply with all applicable fair housing laws.
Owners Duties and Responsibilities. The Owner shall provide a designated staff person by which the Project Manager shall answer directly to. In communications relating to the Project, the Owner shall communicate with Contractors and Subcontractors only through the Project Manager. The Owner shall examine documents submitted by the Project Manager within the time and manner set forth in these General Conditions or the Competition Program for the review of documents, provided however that where time and manner is not set forth in these General Conditions or the Competition Program, the Owner shall examine documents within 25 days from the date of receipt. The Owner's representative at the Project shall be the Project Manager, and all communications to the Owner shall be made through the Project Manager. Unless otherwise stated herein, no Modification to the Contract shall be made without the written approval of the Owner. In the event that any dispute between the Owner and the Project Manager concerning questions of fact arising under this Contract cannot be resolved, a request for resolution shall be submitted by the Project Manager to the City Manager for final determination. Requests for such determination shall be made in writing. The City Manager’s decision may be reached in accordance with assistance as he or she may deem reasonably necessary or desirable. The City Manager’s final decision shall be rendered in writing no more than 30 days after receipt of a fully documented (to the extent that such documents are within the control of the Project Manager) request for a determination. The decision shall be conclusive, final, and binding on all parties, unless the Project Manager shall seek a judicial determination in accordance with the provisions set forth below. No later than 60 days after the Project Manager's receipt of the City Manager’s determination, the Project Manager shall respond to the City Manager in writing, either accepting the determination or stating the Project Manager's factual or legal objections to the determination. If the Project Manager's response is an objection, the City Manager shall respond in writing to the objection within 30 days after receipt of it. No further response by either party shall be required. Thereafter, the Project Manager may seek a judicial determination of the dispute. In the event that the Project Manager intends to seek judicial determination of a matter decided by the City Manager, the Project Manager shall notify the Owner of its intent to...
Owners Duties and Responsibilities. A. Initial deposit and contingency reserves. Depending upon the circumstances of the property, from the manager’s standpoint, there should be sufficient funds in the operating account to pay the expenses of the property from the outset of the agreement. If there is no money in the operating account upon takeover, the manager may require the owner to deposit an initial amount so that operating expenses can be paid. With each future budget, there should always be a minimum level of funds required to be kept in the account. if the operating expenses drain the account below the minimum level, the owner should be required to deposit funds into the account. B. Insufficient operating funds. If a cash flow deficit occurs, what happens? The owner should be responsible for depositing sufficient funds into the account. From the manager’s standpoint, the agreement should state that, under no circumstances, should the manager be responsible for funding operating deficits or advancing funds to the owner.
Owners Duties and Responsibilities 

Related to Owners Duties and Responsibilities

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