Common use of Utility Billing Clause in Contracts

Utility Billing. Owner shall pay all utility bills pertaining to the Property when due. Manager will, upon receipt of Owners written request, pay utility bills for Owner. If the Owner elects to have Manager pay utility bills, the Owner must provide the Manager with sufficient operating funds to pay bills; such deposit shall be refunded to Owner upon termination of this Agreement. Owner is responsible for the transfer of billing for all utilities and vendor services upon the termination of this Agreement.

Appears in 2 contracts

Sources: Rental Management Agreement, Non Rental Management Agreement