6C2 - Laserfiche WebLink

Home Browse Search

(d) A list of all vendors. (e) All pertinent books and records relating to the operation of the Property. (f} All third party contracts in force. (g) All insurance information on the property. (h) All vendor insurance certificates. (i) Procedures for reporting claims and evaluating safety and loss prevention conditions. The above and any and all books and records are and shall remain the property of Owner but shall be made available to Manager for its use and knowledge in assuming the duties and responsibilities of Manager tinder this Agreement. 5.2 Owner's Obligations. Throughout the term of this Agreement,Owner agrees to perform the following: (a) To pay Manager for its services in the amounts and in the manner and at the times described in Article VIII. (b) To promptly reimburse Manager,upon written demand. to the full extent of all funds advanced by Manager for Owner's account in carrying out the terms and conditions of this Agreement. (c) To communicate with Manager through Manager's assigned manager for the Property at the property management level. (d) To maintain adequate funds to fund all expenditures to he made by Manager pursuant to the terms of this Agreement. (e) To disclose promptly to Manager,upon Manager's request,the property and liability loss history of the Property as set forth in the records of the Owner and Owner's insurance carriers. (f) To disclose promptly to Manager,in writing,any unresolved past or present claims, conditions,or occurrences which may become future claims,conditions,or occurrences which would not be covered by insurance policies maintained by Owner,including those policies required to he maintained by Owner under this Agreement. (g) To promptly inform Manager in writing of the existence on the Property of any Hazardous , Substance,the presence of which either: � (i requires investigation or remediation under any federal,state,or local laws,rules, codes,statutes,regulations,orders,notices,determinations,ordinances,or other requirements;or (ii) causes or threatens to cause a nuisance upon the Property or adjacent properties or poses or threatens to pose any hazard to the health and safety of any persons on or about the Property. (g) To require all contractors and consultants that may be hired by Owner as set forth in Article III to obtain and maintain liability insurance in an amount sufficient to adequately insure against any identified or suspected environmental hazard at the Property or any other hazards relating to any such inspections,test,studies,and remediation activities. All such liability policies shall name Manager as an additional insured. Manager shall be entitled to receive a certificate of insurance. Page 4 of 10