2015_0302_CCpacket - Laserfiche WebLink

Home

16. Entire Agreement. This Agreement constitutes the entire Agreement between the parties, and no modification thereof will be effective unless made by supplemental agreement in writing and executed by the parties. 17. Governing Law. This Agreement shall be interpreted and construed in accordance with the laws of the State of Minnesota. 18. Schedules. The following Schedule(s) is/are a part of this Agreement: Schedule A - Managers Duties. Schedule B1- Management Fees Schedule B2 – Annual Management Fees Schedule B3 – Monthly Management Fees Schedule C—Purchasing Agent Agreement 19. Audit. Owner reserves the right for Owner's employees, or others appointed by Owner, to conduct examinations, with reasonable advance notice, of the books and records maintained for Owner by Manager no matter where books and records are located. Any and all such audits conducted either by Owner's employees or appointees will be at the sole expense of the Owner. 20. Final Accounting. Upon termination of this Agreement for any reason, Manager shall deliver to Owner the following with respect to the Premises: a. A final accounting of Manager’s services for the Premises as of the date of termination, which final accounting shall be delivered within sixty (60) days after such termination. b. Any balance or monies of Owner or tenant security deposits, or both, held by Manager with respect to the Premises, which shall be delivered within a reasonable period of time upon such termination. c. Upon request from Owner, a copy of all records, contracts, receipts for deposits, unpaid bills and other papers or documents which pertain to the Premises, which shall be delivered within a reasonable period of time after Manager’s receipt of such request. Upon such termination, Manager shall have no further obligations hereunder, except as set forth in this Section 20, and Owner will assume all responsibilities of Manager hereunder, including, without limitation, payment of all unpaid bills. d. Notwithstanding the foregoing, Manager agrees to comply with the minimum audit requirements mandated by Minnesota Statutes section 16C.05, subd. 5. Owner and Manager have executed and delivered this Agreement as of the Effective Date.