Third Party Property Manager definition

Third Party Property Manager means any entity other than Manager or an Affiliate of Manager that has been retained by Owner or Manager to perform and carry out at one or more of the Properties the property management services described in Section 2.4 hereof, but shall exclude persons, entities or independent contractors retained or hired by Owner or Manager to perform facility management or other services or tasks at a particular Property, the costs for which are passed through to and ultimately paid by the tenant at such Property.
Third Party Property Manager means a property manager which is not an Affiliate of a Member and which is retained by any Subsidiary Company to act as property manager of a Property. The parties acknowledge that, as of the Effective Date, (i) FirstService Residential New York, Inc., a New York corporation, is the Third Party Property Manager for the 77 Greenwich Property and (ii) FirstService Residential New York, Inc., a New York corporation, is the Third Party Property Manager for the 237 11th Property.
Third Party Property Manager means any property manager or property leasing agent appointed by the Management Company or any Subsidiary from time to time in respect of the Real Estate.

Examples of Third Party Property Manager in a sentence

  • Cut-Off/Substitution Date Deal Name Property ID7 Property Manager Third Party Property Manager Property Address City Zip Code MSA 6 With respect to any property where HOA fees are prepaid annually, all data fields may be completed as if the frequency were annual and the due date were the next anticipated prepayment date.

  • The Property Manager and / or the Third Party Property Manager shall employ, directly or through third party contractors (e.g., an employee leasing company), at all times a sufficient number of capable employees to enable the Property Manager and / or the Third Party Property Manager to properly, adequately, safely and economically manage, operate and maintain the Property.

  • The Property Manager and / or the Third Party Property Manager shall make payments under any such contract or purchase order to enable the Tenants in Common to take advantage of any such discount if the Tenants in Common provide sufficient funds therefore.

  • The Property Manager may engage, oversee and supervise a Third Party Property Manager approved by the Lender to directly manage the day-to-day operations of the Property and to operate and maintain the Property in accordance with the terms of this Agreement.

  • Cut-Off/Substitution Date Deal Name Property ID5 Property Manager Third Party Property Manager Property Address City Zip Code MSA County State Acquisition Date Acquisition Type (MLS, Trustee, Short-Sale, REO-Sale, Mini-Bulk, Bulk, or Non-Trustee) Property Seller (if Acquisition Type is Mini-Bulk or Bulk) Purchase Price Hard Cost Mixed Cost Closing Cost Other Cost Total Cost (Post-Rehab) 5 Use Property ID as of Acquisition Date.

  • In making any contract or purchase hereunder, the Property Manager and / or the Third Party Property Manager shall use reasonable efforts to obtain favorable discounts for the Tenants in Common and all discounts, rebates or commissions under any contract or purchase order made hereunder shall inure solely to the benefit of the Tenants in Common.

  • Cut-Off/Substitution Date Deal Name Property ID7 Property Manager Third Party Property Manager Property Address City Zip Code MSA County State Acquisition Date Acquisition Type (MLS, Trustee, Short-Sale, REO- Sale, Mini-Bulk, Bulk, or Non-Trustee) Property Seller (if Acquisition Type is Mini-Bulk or Bulk) Purchase Price Hard Cost Mixed Cost Closing Cost Other Cost Total Cost (Post-Rehab) Renovation Complete – Yes or No Renovation Completion Date 7Use Property ID as of Acquisition Date.

  • The Property Manager and / or the Third Party Property Manager shall pay actual and reasonable expenses for materials and labor for such purposes from the Operating Account.

  • The Third Party Property Manager shall be compensated by the Property Manager and the Tenants in Common shall not be responsible for the Third Party Property Manager’s management fee.

  • The Property Manager and / or the Third Party Property Manager shall obtain and keep on file a certificate of insurance which shows that each contractor and subcontractor is so insured.


More Definitions of Third Party Property Manager

Third Party Property Manager means any hotel management company selected by MHI and Carlyle (unless the Third-Party Property Manager is replacing the MHI Property Manager as a result of a default under the Property Management Agreement or under the Operating Agreement in which case such Third-Party Property Manager shall be selected at the sole discretion of Carlyle).

Related to Third Party Property Manager

  • Property Manager means an entity that has been retained to perform and carry out at one or more of the Properties property-management services, excluding persons, entities or independent contractors retained or hired to perform facility management or other services or tasks at a particular Property, the costs for which are passed through to and ultimately paid by the tenant at such Property.

  • Property management means leasing or renting, or offering to lease or rent, real property of others for a fee, commission, compensation, or other valuable consideration pursuant to a property management employment contract.

  • Third Party Operator means a Customer who operates a terminal and/or handles Cargo at the Port independently to ABP, under ABP’s Port Approval; and

  • Third Party Contractor as used in the Student Data Protection Act and “Operator” as used in COPPA. De-Identified Information (DII): De-Identification refers to the process by which the Contractor removes or obscures any Personally Identifiable Information (“PII”) from Education Records in a way that removes or minimizes the risk of disclosure of the identity of the individual and information about them.

  • Developer means any person, partnership, association, company or corporation that is the legal or beneficial owner or owners of a lot or any land proposed to be included in a proposed development including the holder of an option to contract or purchase, or other person having an enforceable proprietary interest in such land.