Examples of Property Management Agreement in a sentence
The choice of the law of England and Wales as the governing law of this deed and the Property Management Agreement will be recognised and enforced in the Property Manager's jurisdiction of incorporation and any judgment obtained in England or Wales in relation to this deed or the Property Management Agreement will be recognised and enforced in that jurisdiction.
The Property Manager has the power to enter into, deliver and perform, and has taken all necessary action to authorise its entry into, delivery and performance of this deed and the Property Management Agreement and the transactions contemplated by them.
Subject to general equitable principles and insolvency and other laws generally applicable to creditors' rights, the obligations expressed to be assumed by the Property Manager in this deed and the Property Management Agreement are legal, valid, binding and enforceable obligations.
Collection Account: the trust or client account maintained by the Property Manager solely for the benefit of the Borrower in respect of the Property in accordance with the Property Management Agreement and includes any interest of the Borrower in that account, or of the Property Manager or the Borrower in any replacement account or sub-account or subdivision of that account.
The Property Manager has obtained all required or desirable authorisations to enable it to enter into, exercise its rights and comply with its obligations in this deed and the Property Management Agreement and to make them admissible in evidence in its jurisdiction of incorporation.