HomeMy WebLinkAbout4FEB-10-2000 13:40 FROM UNICO PROPERTIES, RENTONN TO
4307300 P,17
(a) Cost to correct any violation of Legal Requirements, if any, provided such cost is
not caused by Manager's gross negligence.
(b) Actual and reasonable cost of making all repairs, replacements, additions,
decorations and alterations properly incurred by Manager pursuant to this Agreement, provided such
cost is not the result of Manager's negligence.
(c) Cost incurred by Manager in connection µith all service agreements properly
entered into pursuant to this Agreement.
(d) Cost of collection of delinquent rentals collected through a collection agency or
other third party.
(e) Legal fees of attorneys provided such attorneys have been approved of (or
designated as provided in Section 4.6 and Section 5.2) by Owner in writing in advance of retention.
(f) Cost of capital expenditures made pursuant to the Approved Operating Budget.
(g) Cost of printed checks for each bank account required by Owner and cost of
printed forms and supplies required for use at a Property.
(h) Reasonable training expenses for any personnel listed on Schedule B.
(i) Leasing commissions payable in accordance with this Agreement.
G) Cos of Owner -approved advertising and promotional material.
(k) All compensation payable to Manager pursuant to this Agreement.
(1) Utility casts.
(m) Insurance costs (except premiums for insurance Manager is obligated to maintain
for its own account under Section 6.3 hereof).
(n) Costs ofsupplies purchased pursuant to Section 4.8.
(o) Costs of industry association (e.g. BOMA, ICSC and REB) dues.
(p) Travel and entertainment expenses incurred in accordance wish the Approved
Operating Budget for Manager's senior management, and other personnel nor listed on Schedule B,
providing direct services to the Property.
(q) Costs of Manager's accounting services provided to the Property.
(r) If requested by Owner, costs of insurance required to be maintained by Owner
pursuant to Section 6.2 hereof.
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