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201703232
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Last modified
7/3/2017 5:40:42 PM
Creation date
5/16/2017 2:58:08 PM
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DEEDS
Inst Number
201703232
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4.04. In the event the revenues collected by Agent in any given time period are insufficient to <br />cover all of the disbursements provided for in Paragraph 4.03, Agent shall not be required to <br />make up any such shortfall in funds. <br />ARTICLE 5. ACCOUNTING RECORDS AND REPORTS <br />Books and Records <br />5.01. Agent agrees to keep accurate, complete, and separate books and records of account in <br />accordance with accepted accounting standards and procedures on the basis of a calendar year. <br />Tax and Other Returns and Reports <br />5.02. Agent shall prepare and provide to Owner all information a detailed accounting schedules <br />necessary for Owner td prepare and file Owner's income tax returns with respect to results of <br />operations of the Premises, but Agent shall not be responsible to prepare any tax returns. <br />ARTICLE 6. TERMINATION <br />Term <br />6.01. This Agreement shall commence as of the effective date and shall continue in full force <br />until terminated in writing by owner. The passage of time shall not affect the validity of this <br />agreement. <br />ARTICLE 7. MISCELLANEOUS <br />Prohibition against Assignment <br />7.01. Agent shall not assign this Agreement without Owner's prior written consent. <br />Binding on Heirs and Successors <br />Partial Invalidity <br />201 703232 <br />7.02. The provisions of this Agreement shall be binding on and shall inure to the benefit of both <br />of the parties and to their respective heirs, executors, administrators, successors, and assigns, but <br />nothing in this Paragraph shall be construed as a consent by Owner to any assignment of this <br />Agreement or any interest in it by Agent except as provided in Paragraph 7.02 of this Agreement. <br />7.03. In the event any provision of this Agreement is held by a court of competent jurisdiction to <br />be either invalid, void, or unenforceable, the remaining provisions of the Agreement shall remain <br />in full force and effect. <br />
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