Common use of Bank Accounts Clause in Contracts

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company, under such terms and conditions as the Directors may approve, provided that no funds shall be commingled with the funds of the Advisor; and the Advisor shall from time to time render appropriate accountings of such collections and payments to the Directors and to the auditors of the Company.

Appears in 78 contracts

Samples: Advisory Agreement (Escalate Wealth REIT I), Advisory Agreement (Escalate Wealth REIT I), Advisory Agreement (Escalate Wealth REIT I)

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Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company, under such terms and conditions as the Directors Board may approve, provided that no funds shall be commingled with the funds of the Advisor; and the Advisor shall from time to time render appropriate accountings of such collections and payments to the Directors Board and to the auditors of the Company.

Appears in 66 contracts

Samples: Transition Services Agreement (Columbia Property Trust, Inc.), Advisory Agreement (Strategic Storage Trust, Inc.), Transition Services Agreement (Wells Real Estate Investment Trust Ii Inc)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company, under such terms and conditions as the Directors Board may approve, provided that no funds shall be commingled with the funds of the Advisor; and the . The Advisor shall from time to time render appropriate accountings of such collections and payments to the Directors Board and to the independent auditors of the Company.

Appears in 61 contracts

Samples: Advisory Agreement (Pacific Oak Strategic Opportunity REIT, Inc.), Advisory Agreement (Pacific Oak Strategic Opportunity REIT, Inc.), Advisory Agreement (KBS Real Estate Investment Trust II, Inc.)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company or the Operating Partnership and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the CompanyCompany or the Operating Partnership, under such terms and conditions as the Directors Board may approve, provided that no funds shall be commingled with the funds of the Advisor; and and, upon request, the Advisor shall from time to time render appropriate accountings of such collections and payments to the Directors Board and to the auditors of the Company.

Appears in 45 contracts

Samples: Advisory Agreement (Benefit Street Partners Realty Trust, Inc.), Advisory Agreement (Realty Finance Trust, Inc.), Advisory Agreement (American Realty Capital New York City REIT II, Inc.)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company and the Operating Partnership and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the CompanyCompany or the Operating Partnership, under such terms and conditions as the Directors Board may approve, provided that no funds shall be commingled with the funds of the Advisor; and the . The Advisor shall from time to time render appropriate accountings of such collections and payments to the Directors Board and to the independent auditors of the Company.

Appears in 38 contracts

Samples: Advisory Agreement (Cantor Fitzgerald Income Trust, Inc.), Advisory Agreement (Rodin Income Trust, Inc.), Advisory Agreement (Rodin Global Property Trust, Inc.)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company (and its Subsidiaries) and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the CompanyCompany and its Subsidiaries, under such terms and conditions as the Directors Board (or the governing body of such Subsidiary) may approve, provided that no funds shall be commingled with the funds of the Advisor; and the . The Advisor shall from time to time render appropriate accountings of such collections and payments to the Directors Board and to the independent auditors of the Company.

Appears in 35 contracts

Samples: Advisory Agreement (Cottonwood Communities, Inc.), Advisory Agreement (Cottonwood Communities, Inc.), Advisory Agreement (Cottonwood Communities, Inc.)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company or the Operating Partnership and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the CompanyCompany or the Operating Partnership, under such terms and conditions as the Directors Board may approve; provided, provided that no funds shall be commingled with the funds of the Advisor; and and, upon request, the Advisor shall from time to time render appropriate accountings of such collections and payments to the Directors Board and to the auditors of the Company.

Appears in 33 contracts

Samples: Advisory Agreement, Advisory Agreement (American Realty Capital New York City REIT, Inc.), Advisory Agreement (Phillips Edison Grocery Center Reit Ii, Inc.)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company, under such terms and conditions as the Directors Board may approve, provided that no funds shall be commingled with the funds of the Advisor; and the . The Advisor shall from time to time render appropriate accountings of such collections and payments to the Directors Board and to the independent auditors of the Company.

Appears in 32 contracts

Samples: Advisory Agreement (KBS Growth & Income REIT, Inc.), Advisory Agreement (KBS Real Estate Investment Trust III, Inc.), Advisory Agreement (KBS Growth & Income REIT, Inc.)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company, under such terms and conditions as the Board of Directors may approve, provided that no funds all such accounts shall be commingled with maintained in such fashion as to make clear that the funds therein are the property of the Company and not of the Advisor; and the . The Advisor shall from time to time render appropriate accountings of such collections and payments to the Board of Directors and to the auditors of the Company.

Appears in 20 contracts

Samples: Advisory Agreement (Unlimited Sky Holdings, Inc.), Advisory Agreement (Apple REIT Ten, Inc.), Advisory Agreement (Apple REIT Ten, Inc.)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company, under such terms and conditions as the Directors may approve, provided that no funds shall be commingled with the funds of the Advisor; and the Advisor shall from time to time render appropriate accountings of such collections and payments to the Directors Board and to the auditors of the Company.

Appears in 19 contracts

Samples: Advisory Agreement (Corporate Property Associates 16 Global Inc), Advisory Agreement (Carey W P & Co LLC), Advisory Agreement (Corporate Property Associates 15 Inc)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or the Operating Partnership or in the name of the Company or the Operating Partnership and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the CompanyCompany or the Operating Partnership, under such terms and conditions as the Directors Board may approve, provided that no funds shall be commingled with the funds of the Advisor; and the Advisor shall from time to time render appropriate accountings of such collections and payments to the Directors Board and to the auditors of the Company.

Appears in 18 contracts

Samples: Advisory Agreement (Griffin Capital Essential Asset REIT II, Inc.), Advisory Agreement (Strategic Storage Trust IV, Inc.), Advisory Agreement (Strategic Storage Trust IV, Inc.)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company, under such terms and conditions as the Directors Board may approve, provided that no funds shall be commingled with the funds of the Advisor; and the Advisor shall from time to time render appropriate accountings of such collections and payments to the Directors Board, its Audit Committee and to the auditors of the Company.

Appears in 17 contracts

Samples: Advisory Management Agreement (Behringer Harvard Opportunity REIT I, Inc.), Registration Rights Agreement (Behringer Harvard Reit I Inc), Advisory Management Agreement (Behringer Harvard Opportunity REIT I, Inc.)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or the Operating Partnership or in the name of the Company and the Operating Partnership and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the CompanyCompany or the Operating Partnership, under such terms and conditions as the Directors may approve, provided that no funds shall be commingled with the funds of the Advisor; and the Advisor shall from time to time render appropriate accountings of such collections and payments to the Directors and to the auditors of the Company.

Appears in 16 contracts

Samples: Advisory Agreement (Moody National REIT II, Inc.), Advisory Agreement (Moody National REIT II, Inc.), Agreement and Plan of Merger (Moody National REIT I, Inc.)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company Advisees or in its own name as agent for the Advisees and may collect and deposit into any such account or accounts, in and disburse from any such account or accountsaccount, any money on behalf of the CompanyAdvisees, under such terms and conditions as the Board of Directors may approve, provided that no funds in such account shall be commingled with the funds of the Advisor; . From time to time and upon appropriate request, the Advisor shall from time to time render appropriate accountings accounting of such collections and payments to the Board of Directors and to the auditors of the CompanyAdvisees.

Appears in 15 contracts

Samples: Advisory Agreement (Lightstone Value Plus REIT II, Inc.), Advisory Agreement (American Realty Capital Trust, Inc.), Advisory Agreement (Lightstone Value Plus Real Estate Investment Trust, Inc.)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company, under such terms and conditions as the Directors may approve, provided that no funds shall be commingled with the funds of the Advisor; and the Advisor shall from time to time render appropriate accountings of such collections and payments to the Directors and to the auditors of the Company.

Appears in 14 contracts

Samples: Advisory Agreement (Corporate Property Associates 16 Global Inc), Advisory Agreement (Corporate Property Associates 16 Inc), Advisory Agreement (Corporate Property Associates International Inc)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company, under such terms and conditions as the Directors Board may approve, provided that no funds shall be commingled with the funds of the Advisor; and the Advisor shall from time to time render appropriate accountings of such collections and payments to the Directors and to the auditors of the Company.the

Appears in 13 contracts

Samples: Advisory Agreement (KBS Strategic Opportunity REIT, Inc.), Advisory Agreement (KBS Strategic Opportunity REIT, Inc.), Advisory Agreement (KBS Strategic Opportunity REIT, Inc.)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company and the Operating Partnership and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the CompanyCompany and/or the Operating Partnership, under such terms and conditions as the Directors may approve, provided that no funds shall be commingled with the funds of the Advisor; and the Advisor shall from time to time render appropriate accountings of such collections and payments to the Directors and to the auditors of the Company.

Appears in 13 contracts

Samples: Advisory Agreement (Black Creek Diversified Property Fund Inc.), Advisory Agreement (Black Creek Diversified Property Fund Inc.), Advisory Agreement (Black Creek Diversified Property Fund Inc.)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company and the Partnership or in the name of the Company and the Partnership and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the CompanyCompany and the Partnership, under such terms and conditions as the Directors Board may approve, provided that no funds shall be commingled with the funds of the Advisor; and the Advisor shall from time to time render appropriate accountings of such collections and payments to the Directors Board and to the auditors of the Company.

Appears in 12 contracts

Samples: Amended and Restated Advisory Agreement (Wells Timberland REIT, Inc.), Amended and Restated Advisory Agreement (Wells Timberland REIT, Inc.), Advisory Agreement (Wells Timberland REIT, Inc.)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company, under such terms and conditions as the Directors Board may approve; provided, provided that no funds shall be commingled with the funds of the Advisor; and the . The Advisor shall from time to time upon request render appropriate accountings of such collections and payments to the Directors Board and to the independent auditors of the Company.

Appears in 10 contracts

Samples: Advisory Agreement (American Realty Capital - Retail Centers of America, Inc.), Form of Advisory Agreement (American Realty Capital - Retail Centers of America, Inc.), Form of Advisory Agreement (American Realty Capital - Retail Centers of America, Inc.)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company, under such the terms and conditions as the Directors Board may approve, ; provided that no funds of the Company or the Partnership shall be commingled nor shall any of such funds be commingled with the funds of the Advisor; and the Advisor shall from time to time render appropriate accountings of such the collections and payments to the Directors Board, its Audit Committee and to the auditors of the Company.

Appears in 9 contracts

Samples: Advisory Management Agreement (Behringer Harvard Opportunity REIT II, Inc.), Advisory Management Agreement (Behringer Harvard Opportunity REIT II, Inc.), Advisory Management Agreement (Behringer Harvard Opportunity REIT II, Inc.)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company or the Operating Partnership and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the CompanyCompany or the Operating Partnership, under such terms and conditions as the Directors Board may approve, provided that no funds shall be commingled with the funds of the Advisor; and the Advisor shall from time to time render appropriate accountings of such collections and payments to the Directors Board and to the auditors of the Company.

Appears in 9 contracts

Samples: Advisory Agreement (Parking REIT, Inc.), Advisory Agreement (MVP REIT II, Inc.), Agreement and Plan of Merger (MVP REIT, Inc.)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company name, and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company, under such terms and conditions as the Directors may approve, provided that no funds in any such account shall be commingled with the funds of the Advisor; and the Advisor shall from time to time render appropriate accountings accounting of such collections and payments to the Directors and to the auditors of the Company.

Appears in 8 contracts

Samples: Advisory Agreement (American Realty Investors Inc), Advisory Agreement (Income Opportunity Realty Investors Inc /Tx/), Advisory Agreement (Transcontinental Realty Investors Inc)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company, under such terms and conditions as the Board of Directors may approve, provided that no funds shall be commingled with the funds of the Advisor; and the . The Advisor shall from time to time render appropriate accountings of such collections and payments to the Directors Board and to the independent auditors of the Company.

Appears in 8 contracts

Samples: Advisory Agreement (KBS Real Estate Investment Trust, Inc.), Advisory Agreement (KBS Real Estate Investment Trust, Inc.), Advisory Agreement (KBS Real Estate Investment Trust, Inc.)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company and the Operating Partnership and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the CompanyCompany or the Operating Partnership, under such terms and conditions as the Directors may approve, provided that no funds shall be commingled with the funds of the Advisor; and the Advisor shall from time to time render appropriate accountings of such collections and payments to the Directors and to the auditors of the Company, as applicable.

Appears in 7 contracts

Samples: Advisory Agreement (Jones Lang LaSalle Income Property Trust, Inc.), Advisory Agreement (Jones Lang LaSalle Income Property Trust, Inc.), Advisory Agreement (Jones Lang LaSalle Income Property Trust, Inc.)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company, under such terms and conditions as the Board of Directors may approve, provided that no funds shall be commingled with the funds of the Advisor; and the . The Advisor shall from time to time render appropriate accountings of such collections and payments to the Directors Board and to the auditors of the Company.

Appears in 7 contracts

Samples: Advisory Agreement (KBS Real Estate Investment Trust, Inc.), Advisory Agreement (KBS Real Estate Investment Trust, Inc.), Advisory Agreement (KBS Real Estate Investment Trust, Inc.)

Bank Accounts. The At the direction of the Board, the Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company or any Subsidiary, and may collect and deposit into any such account or accounts, and disburse funds from any such account or accounts, any money on behalf of the Company, under such terms and conditions as the Directors Board may approve, provided that no funds shall be commingled with the funds of the Advisor; and the Advisor shall from time to time render appropriate accountings of such collections and payments to the Directors and Board and, upon request, to the auditors of the CompanyCompany or any Subsidiary.

Appears in 6 contracts

Samples: Advisory Agreement, Advisory Agreement (OPC Residential Properties Trust, Inc.), Advisory Agreement (OPC Residential Properties Trust, Inc.)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or the Operating Partnership or in the name of the Company and the Operating Partnership and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the CompanyCompany or the Operating Partnership, under such terms and conditions as the Directors Board may approve, provided that no funds shall be commingled with the funds of the Advisor; and the Advisor shall from time to time upon request render appropriate accountings of such collections and payments to the Directors Board and to the auditors of the Company.

Appears in 6 contracts

Samples: Advisory Agreement (Independence Realty Trust, Inc), Advisory Agreement (Independence Realty Trust, Inc), Advisory Agreement (Independence Realty Trust, Inc)

Bank Accounts. The Advisor Adviser may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company, under such terms and conditions as the Directors Board may approve, provided that no funds shall be commingled with the funds of the Advisor; and the Advisor Adviser. The Adviser shall from time to time render appropriate accountings of such collections and payments to the Directors Board and to the independent auditors of the Company.

Appears in 6 contracts

Samples: Advisory Agreement (FS Credit Real Estate Income Trust, Inc.), Advisory Agreement, Advisory Agreement (FS Credit Real Estate Income Trust, Inc.)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company, under such terms and conditions as the Directors Board may approve; provided, provided that no funds shall be commingled with the funds of the Advisor; and and, upon request, the Advisor shall from time to time render appropriate accountings of such collections and payments to the Directors Board and to the auditors of the Company.

Appears in 5 contracts

Samples: Advisory Agreement (Hamilton National Income Trust, Inc.), Advisory Agreement (Roosevelt Mutual High Income Fund Inc.), Advisory Agreement (Lightstone Real Estate Income Trust Inc.)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company or the Operating Partnership and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, accounts any money on behalf of the CompanyCompany or the Operating Partnership, under such terms and conditions as the Directors Board may approve; provided, provided that no funds shall be commingled with the funds of the Advisor; and and, upon request, the Advisor shall from time to time render appropriate accountings of such collections and payments to the Directors Board and to the auditors of the Company.

Appears in 5 contracts

Samples: Advisory Agreement (New York REIT, Inc.), Advisory Agreement (New York REIT, Inc.), Advisory Agreement (American Realty Capital New York Recovery Reit Inc)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company, under such terms and conditions as the Board of Directors may approve, provided that no funds shall be commingled with the funds of the Advisor; and the Advisor shall from time to time render appropriate accountings of such collections and payments to the Directors Board of Directors, its Audit Committee and to the auditors of the Company.

Appears in 5 contracts

Samples: Advisory Agreement (Behringer Harvard Reit I Inc), Advisory Agreement (Behringer Harvard Reit I Inc), Advisory Agreement (Behringer Harvard Reit I Inc)

Bank Accounts. The Advisor may shall establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company or any Subsidiary (any such account, a “Company Account”), and may shall collect and deposit funds into any such account Company Account or accountsCompany Accounts, and disburse funds from any such account Company Account or accounts, any money on behalf of the Company, under such terms and conditions as the Directors may approve, provided that no funds shall be commingled with the funds of the AdvisorCompany Accounts; and the Advisor shall from time to time render appropriate accountings of such collections and payments to the Board of Directors and and, upon request, to the auditors of the CompanyCompany or any Subsidiary.

Appears in 4 contracts

Samples: Advisory Agreement, Advisory Agreement (City Office REIT, Inc.), Advisory Agreement (City Office REIT, Inc.)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company, under such terms and conditions as the Directors Board may approve; provided, provided that no funds shall be commingled with the funds of the Advisor; and the . The Advisor shall from time to time upon request render appropriate accountings of such collections and payments to the Directors Board and to the independent auditors of the Company.

Appears in 4 contracts

Samples: Advisory Agreement (Phillips Edison - ARC Shopping Center REIT Inc.), Advisory Agreement (Phillips Edison - ARC Shopping Center REIT Inc.), Advisory Agreement (Phillips Edison - ARC Shopping Center REIT Inc.)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company name, and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company, under such terms and conditions as the Directors may approve, provided that no funds in any such account shall be commingled with the funds of the Advisor; and the Advisor shall from time to time render appropriate accountings accounting of such collections and payments to the Directors and to the auditors of the Company.

Appears in 4 contracts

Samples: Advisory Agreement (Transcontinental Realty Investors Inc), Advisory Agreement (Income Opportunity Realty Investors Inc /Tx/), Advisory Agreement (Transcontinental Realty Investors Inc)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company Company, or in the name of the Company Company, and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company, under such terms and conditions as the Board of Directors may approve, provided that no funds shall be commingled with the funds of the Advisor; and the Advisor shall from time to time render appropriate accountings of such collections and payments to the Board of Directors and to the auditors of the Company.

Appears in 4 contracts

Samples: Advisory Agreement (Shearson American REIT, Inc.), Advisory Agreement (New School Properties, Inc.), Advisory Agreement (New School Properties, Inc.)

Bank Accounts. The At the direction of the Board, the Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company or any Subsidiary, and may collect and deposit into any such account or accounts, and disburse funds from any such account or accounts, any money on behalf of the Company, under such policies, terms and conditions as the Directors Company may establish and the Board may approve, provided that no funds shall be commingled with the funds of the Advisor; and the . The Advisor shall from time to time render appropriate accountings of such collections and payments to the Directors and Board and, upon request, shall provide information regarding such accountings to the auditors of the CompanyCompany or any Subsidiary.

Appears in 4 contracts

Samples: Advisory Agreement, Advisory Agreement (Global Net Lease, Inc.), Advisory Agreement (American Realty Capital Centers, Inc.)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company Trust’s name, and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the CompanyTrust, under such terms and conditions as the Directors Trustees may approve, provided that no funds shall be commingled with the funds of the Advisor; and the Advisor shall from time to time render appropriate accountings accounting of such collections and payments to the Directors Trustees and to the auditors of the CompanyTrust.

Appears in 4 contracts

Samples: Advisory Management Agreement (Dakota Real Estate Investment Trust), Advisory Management Agreement (Dakota Real Estate Investment Trust), Advisory Management Agreement (Dakota Real Estate Investment Trust)

Bank Accounts. The Advisor may shall establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company Company, and may shall collect and deposit into any such the account or accounts, accounts and disburse from therefrom any such account or accounts, any money monies on behalf of the Company, under such terms and conditions as the Directors may approve, ; provided that no funds in any account shall be commingled with the any funds of the Advisor; and the Advisor or any other Person. The Advisor shall from time to time render an appropriate accountings accounting of such collections and payments to the Directors Trustees and to the auditors of the Company.

Appears in 4 contracts

Samples: Advisory Agreement (Senior Housing Properties Trust), Advisory Agreement (Senior Housing Properties Trust), Form of Advisory Agreement (Senior Housing Properties Trust)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company, under such terms and conditions as the Directors may approve, provided that no funds shall be commingled with the funds of the Advisor; and the Advisor shall from time to time render appropriate accountings of such collections and payments to the Directors and to the auditors of the Company, as applicable.

Appears in 4 contracts

Samples: Advisory Agreement (Jones Lang LaSalle Income Property Trust, Inc.), Advisory Agreement (Jones Lang LaSalle Income Property Trust, Inc.), Advisory Agreement (Jones Lang LaSalle Income Property Trust, Inc.)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company, under such the terms and conditions as the Directors Board may approve, provided that no funds of the Company or the Partnership shall be commingled nor shall any of such funds be commingled with the funds of the Advisor; and the Advisor shall from time to time render appropriate accountings of such the collections and payments to the Directors Board, its Audit Committee and to the auditors of the Company.

Appears in 4 contracts

Samples: Form of Advisory Management Agreement (Behringer Harvard REIT II, Inc.), Form of Advisory Management Agreement (Behringer Harvard REIT II, Inc.), Form of Advisory Management Agreement (Behringer Harvard REIT II, Inc.)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company or the Operating Partnership and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the CompanyCompany or the Operating Partnership, under such terms and conditions as the Directors Board may approve, provided provided, that no funds shall be commingled with the funds of the Advisor; and and, upon request, the Advisor shall from time to time render appropriate accountings of such collections and payments to the Directors Board and to the auditors of the Company.

Appears in 4 contracts

Samples: Advisory Agreement (United Realty Trust Inc), Advisory Agreement (United Realty Trust Inc), Advisory Agreement (United Realty Trust Inc)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company or the Operating Partnership and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the CompanyCompany or the Operating Partnership, under such terms and conditions as the Directors Board may approve; provided, provided that no funds shall be commingled with the funds of the Advisor; and the . The Advisor shall from time to time upon request render appropriate accountings of such collections and payments to the Directors Board and to the independent auditors of the Company.

Appears in 3 contracts

Samples: Advisory Agreement (American Realty Capital - Retail Centers of America, Inc.), Advisory Agreement (American Realty Capital - Retail Centers of America, Inc.), Advisory Agreement (American Realty Capital - Retail Centers of America, Inc.)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company Trust and any subsidiary thereof and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the CompanyTrust, consistent with the Advisor’s authority under such terms and conditions as the Directors may approvethis Agreement, provided that no funds shall be commingled with the funds of the Advisor; and the Advisor shall from time to time render render, upon request by the Board, its audit committee or the auditors of the Trust, appropriate accountings of such collections and payments to the Directors Board, its audit committee and to the auditors of the CompanyTrust, as applicable.

Appears in 3 contracts

Samples: Advisory Agreement (Starwood Credit Real Estate Income Trust), Advisory Agreement (Starwood Credit Real Estate Income Trust), Advisory Agreement (Starwood Credit Real Estate Income Trust)

Bank Accounts. The Advisor may shall establish and maintain one or more bank accounts in its own name for or, at the account direction of the Company or Trustees, in the name of the Company Company, and may shall collect and deposit into any such account or accounts, accounts and disburse from therefrom any such account or accounts, any money monies on behalf of the Company, under such terms and conditions as the Directors may approve, provided that no funds in any such account shall be commingled with the any funds of the Advisor; and the Advisor or any other Person. The Advisor shall from time to time render an appropriate accountings accounting of such collections and payments to the Directors Trustees and to the auditors of the Company.

Appears in 3 contracts

Samples: Advisory Agreement (Hospitality Properties Trust), Advisory Agreement (Hospitality Properties Trust), Advisory Agreement (Health & Retirement Properties Trust)

Bank Accounts. The Advisor Advisor, at the expense of the Corporation, may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company name, and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the CompanyCorporation, under such terms and conditions as the Directors may approve, provided that no funds in any such account shall be commingled with the funds of the Advisor; and the Advisor shall from time to time render appropriate accountings accounting of such collections and payments to the Directors and to the auditors of the CompanyCorporation.

Appears in 3 contracts

Samples: Services and Facilities Agreement (National Healthcare Corp), Services and Facilities Agreement (National Health Realty Inc), Services and Facilities Agreement (National Healthcare Corp)

Bank Accounts. The Advisor may establish and maintain one or more bank ------------- accounts in its own name for the account of the Company or in the name of the Company and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company, under such terms and conditions as the Directors Board may approve, provided that no funds shall be commingled with the funds of the Advisor; and the Advisor shall from time to time render appropriate accountings of such collections and payments to the Directors Board and to the auditors of the Company.

Appears in 3 contracts

Samples: Advisory Agreement (Wells Real Estate Investment Trust Inc), Advisory Agreement (Wells Real Estate Investment Trust Inc), Advisory Agreement (Wells Real Estate Investment Trust Inc)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company, under such terms and conditions as the Directors Board may approve, provided that no funds of the Company shall be commingled with the funds of the Advisor; and the . The Advisor shall from time to time render appropriate accountings of such collections and payments to the Directors Board and to the independent auditors of the Company.

Appears in 3 contracts

Samples: Advisory Agreement (Shearson American REIT, Inc.), Advisory Agreement (Shearson American REIT, Inc.), Advisory Agreement (MVP Monthly Income Realty Trust, Inc.)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company or the Partnership and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the CompanyCompany or the Partnership, under such terms and conditions as the Directors Board may approve; provided, provided that no funds shall be commingled with the funds of the Advisor; and the . The Advisor shall from time to time upon request render appropriate accountings of such collections and payments to the Directors Board and to the independent auditors of the Company.

Appears in 3 contracts

Samples: Advisory Agreement (Phillips Edison - ARC Shopping Center REIT Inc.), Advisory Agreement (Phillips Edison Grocery Center Reit I, Inc.), Advisory Agreement (Phillips Edison - ARC Shopping Center REIT Inc.)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company, under such terms and conditions as the Directors Board may approve, provided that no funds of the Company shall be commingled with the funds of the Advisor; and the Advisor shall from time to time time, upon request by the Board, its Audit Committee or the auditors of the Company, render appropriate accountings of such collections and payments to the Directors Board, its Audit Committee and to the auditors of the Company.

Appears in 2 contracts

Samples: Advisory Agreement (AEI Core Property Income Trust, Inc), Advisory Agreement (AEI Core Property Income Trust, Inc)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company, under such terms and conditions as the Board of Directors may approve. The Advisor shall, provided that no funds shall be commingled with the funds of the Advisor; and the Advisor shall from time to time time, render appropriate accountings of such collections and payments to the Board of Directors and to the auditors of the CompanyCompany a complete accounting of such collections and disbursements.

Appears in 2 contracts

Samples: Advisory Services Agreement (Berkshire Income Realty Inc), Form of Advisory Services Agreement (Berkshire Income Realty Inc)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company and may collect and deposit into in any such account or accountsaccount, and disburse from any such account or accountsaccount, any money on behalf of the CompanyTrust, under such terms and conditions as the Directors Trustees may approve, provided that no funds in such account shall be commingled with the funds of the Advisor; any other Person. From time to time and upon appropriate request, the Advisor shall from time to time render appropriate accountings accounting of such collections and payments to the Directors Trustees and to the auditors of the CompanyTrust.

Appears in 2 contracts

Samples: Advisory Services Agreement (Krupp Government Income Trust-Ii), Krupp Government Income Trust

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own the name for the account of the Company or in the its own name of as agent for the Company and may collect and deposit into any such account or accounts, in and disburse from any such account or accountsaccount, any money on behalf of the Company, under such terms and conditions as the Directors Trustees may approve, provided that no funds in such account shall be commingled with the funds of the Advisor; . From time to time and upon appropriate request, the Advisor shall from time to time render appropriate accountings accounting of such collections and payments to the Directors Trustee and to the auditors of the Company.

Appears in 2 contracts

Samples: Advisory Services Agreement (American Mortgage Investors Trust), Services Agreement (Chartermac)

Bank Accounts. The At the direction of the Board, the Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the any Company Entity, and may collect and deposit into any such account or accounts, and disburse funds from any such account or accounts, any money on behalf of the Company, under such terms and conditions as the Directors Board may approve, provided that no funds shall be commingled with the funds of the Advisor; and the Advisor shall from time to time render appropriate accountings of such collections and payments to the Directors and Board and, upon request, to the auditors of the Company’s auditors.

Appears in 2 contracts

Samples: Advisory Agreement (CapRocq Core REIT, Inc.), Advisory Agreement (CapRocq Core REIT, Inc.)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company name, and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company, under such terms and conditions as the Directors Board may approve, provided that no . No funds in any such account shall be commingled with the funds of the AdvisorAdvisor or another party; and the Advisor shall from time to time render appropriate accountings accounting of such collections and payments to the Directors Board and to the auditors of the Company.

Appears in 2 contracts

Samples: Advisory Agreement (Omega Worldwide Inc), Advisory Agreement (Omega Worldwide Inc)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company, under such the terms and conditions as the Directors Board may approve; provided, provided however, that no funds of the Company shall be commingled with the funds of the Advisor; and the Advisor shall from time to time render appropriate accountings of such the collections and payments to the Directors Board, its Audit Committee and to the auditors independent accountants of the Company.

Appears in 2 contracts

Samples: Advisory Agreement (Lightstone Value Plus REIT V, Inc.), Advisory Agreement (Lightstone Value Plus REIT V, Inc.)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company. Notwithstanding the foregoing, under such terms and conditions as the Directors may approve, provided that no funds of the Company shall be commingled with the funds of the Advisor; and the . The Advisor shall from time to time render appropriate accountings of such collections and payments to the Board of Directors and to the auditors of the Company.

Appears in 2 contracts

Samples: Management Agreement (Berkeley Income Trust, Inc.), Management Agreement (Berkeley Income Trust, Inc.)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company name, and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the CompanyTrust, under such terms and conditions as the Directors Trustees may approve, provided that no funds in any such account shall be commingled with the funds of the Advisor; and the Advisor shall from time to time render appropriate accountings accounting of such collections and payments to the Directors Trustees and to the auditors of the CompanyTrust.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (American Realty Trust Inc), Advisory Agreement (Continental Mortgage & Equity Trust)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company, under such the terms and conditions as the Directors Board may approve, provided that no funds of the Company or the Operating Partnership shall be commingled nor shall any of such funds be commingled with the funds of the Advisor; and the Advisor shall from time to time render appropriate accountings of such the collections and payments to the Directors Board, its audit committee and to the auditors of the Company.

Appears in 2 contracts

Samples: Advisory Management Agreement (Adaptive Real Estate Income Trust, Inc.), Advisory Management Agreement (Behringer Harvard Multifamily REIT II, Inc.)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company, under such the terms and conditions as the Directors Board may approve; provided, provided however, that no funds of the Company shall be commingled with the funds of the Advisor; and the Advisor shall from time to time render appropriate accountings of such the collections and payments to the Directors Board, its Audit Committee and to the auditors of the Company.

Appears in 2 contracts

Samples: Advisory Agreement (Behringer Harvard Opportunity REIT II, Inc.), Advisory Management Agreement (Behringer Harvard Opportunity REIT II, Inc.)

Bank Accounts. The Advisor may shall establish and maintain one or more bank accounts in its own name for the account of the Company or the Operating Partnership or in the name of the Company and the Operating Partnership and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the CompanyCompany or the Operating Partnership, under such terms and conditions as the Directors Board may approve, provided that no funds shall be commingled with the funds of the Advisor; and the Advisor shall from time to time render appropriate accountings of such collections and payments to the Directors Board and to the auditors of the Company.

Appears in 2 contracts

Samples: Advisory Agreement (Steadfast Secure Income REIT, Inc.), Advisory Agreement (Steadfast Secure Income REIT, Inc.)

Bank Accounts. The Advisor may shall establish and maintain one or more bank accounts in its own name for or, at the account direction of the Company or Trustees, in the name of the Company Trust, and may shall collect and deposit into any such account or accounts, accounts and disburse from therefrom any such account or accounts, any money monies on behalf of the Company, under such terms and conditions as the Directors may approveTrust, provided that no funds in any such account shall be commingled with the any funds of the Advisor; and the Advisor or any other Person. The Advisor shall from time to time render an appropriate accountings accounting of such collections and payments to the Directors Trustees and to the auditors of the CompanyTrust.

Appears in 2 contracts

Samples: Amended and Restated Advisory Agreement (Universal Health Realty Income Trust), Amended and Restated Advisory Agreement (Universal Health Services Inc)

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Bank Accounts. The Advisor Advisor, at the expense of the Company, may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company name, and may collect and deposit into any such account one or more accounts, and disburse from any such account or accounts, any money on behalf of the Company, under such on the terms and conditions as the Directors may approve, provided that no funds shall be commingled with the funds of the Advisor; and the Advisor shall from time to time render give an appropriate accountings accounting of such collections and payments to the Directors and to the auditors of the Company.

Appears in 2 contracts

Samples: Advisory Agreement (Franklin Select Realty Trust), Advisory Agreement (Franklin Select Realty Trust)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money monies on behalf of the Company, under such terms and conditions as the Directors may approve, provided that no funds shall will be commingled with the funds of the Advisor; and the Advisor shall will from time to time render appropriate accountings of such collections and payments to the Directors and to the auditors of the Company.

Appears in 2 contracts

Samples: Advisory Agreement (Wellbrook Properties, Inc.), Advisory Agreement (Wellbrook Properties, Inc.)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company, consistent with the authority granted under Section 4 and in such terms and conditions other circumstances as the Directors Manager may approve, provided that no funds shall be commingled with the funds of the Advisor; and the Advisor shall from time to time upon request render appropriate accountings of such collections and payments to the Directors Manager and to the auditors of the Company.

Appears in 2 contracts

Samples: Advisory Agreement (Nexpoint Real Estate Strategies Fund), Advisory Agreement (Nexpoint Real Estate Strategies Fund)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company, under consistent with the terms of this Agreement, subject to the provisions of Section 9(c) and such terms and conditions as the Board of Directors may approveadopt from time to time, provided that no funds shall be commingled with the funds of the Advisor; and the Advisor shall from time to time render appropriate accountings of such collections and payments to the Board of Directors and to the auditors of the Company.

Appears in 2 contracts

Samples: Advisory Agreement (Sentio Healthcare Properties Inc), Advisory Agreement (Cornerstone Healthcare Plus Reit, Inc.)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company Fund and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the CompanyFund, under such terms and conditions as the Directors may approve, provided that no funds in any such account shall be commingled with the funds of the Advisor; and the Advisor shall from time to time render appropriate accountings accounting of such collections and payments to the Directors and to the auditors of the CompanyFund.

Appears in 1 contract

Samples: Advisory Agreement (NTS Mortgage Income Fund)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company, under such terms and conditions as the Directors may approve, provided that no funds shall be commingled with the funds of the Advisor; and the Advisor shall from time to time render appropriate accountings of such collections and payments to the Directors Board and to the auditors of the Company.

Appears in 1 contract

Samples: Form of Advisory Agreement (Wells Real Estate Investment Trust Ii Inc)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company or the Operating Partnership and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the CompanyCompany or the Operating Partnership, under such terms and conditions as the Directors Board may approve; provided, provided that no funds shall be commingled with the funds of the Advisor; and the . The Advisor shall from time to time upon request render appropriate accountings of such collections and payments to the Directors Board and to the independent auditors of the Company.

Appears in 1 contract

Samples: Advisory Agreement (American Realty Capital - Retail Centers of America, Inc.)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company Company, including the designation of authorized signatories, and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company, under such terms and conditions as the Directors Board may approve, provided that no funds shall be commingled with the funds of the Advisor; and the Advisor shall from time to time render appropriate accountings of such collections and payments to the Directors Board and to the auditors of the Company.

Appears in 1 contract

Samples: Advisory Agreement (BRIX REIT, Inc.)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the any Company Entity or in the name of the any Company Entity and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Companyany Company Entity, under such terms and conditions as the Board of Directors may approve, provided that no funds shall be commingled with the funds of the Advisor; and the Advisor shall from time to time render appropriate accountings of such collections and payments to the Board of Directors and to the auditors of the CompanyCorporation.

Appears in 1 contract

Samples: Advisory Agreement (Prime Realty Income Trust, Inc.)

Bank Accounts. The Advisor may shall establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company and the Operating Partnership and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the CompanyCompany or the Operating Partnership, under such terms and conditions as the Directors Board may approve, provided that no funds shall be commingled with the funds of the Advisor; and the Advisor shall from time to time render appropriate accountings of such collections and payments to the Directors Board and to the auditors of the Company.

Appears in 1 contract

Samples: Advisory Agreement (Steadfast Income REIT, Inc.)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company Company, or in the name of the Company Company, and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company, under such terms and conditions as the Directors Board may approve; provided, provided however, that no funds shall be commingled with the funds of the Advisor; , and the Advisor shall from time to time render appropriate accountings of such collections and payments bank accounts to the Directors Board and to the auditors of the Company.

Appears in 1 contract

Samples: Advisory Agreement (Lodging Fund REIT III, Inc.)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company, under such terms and conditions as the Directors Investment Committee may approve, provided that no funds shall be commingled with the funds of the Advisor; and the Advisor shall from time to time render appropriate accountings of such collections and payments to the Directors Sponsoring Member and to the auditors of the Company.

Appears in 1 contract

Samples: Advisory Agreement (Wells Mid-Horizon Value-Added Fund I LLC)

Bank Accounts. The Advisor may shall establish and maintain one or more bank accounts in its own name for or, at the account direction of the Company or Board of Directors, in the name of the Company Company, and may shall collect and deposit into any such account or accounts, accounts and disburse from therefrom any such account or accounts, any money monies on behalf of the Company, under such terms and conditions as the Directors may approve, provided that no funds in any such account shall be commingled with the any funds of the Advisor; and the Advisor or any other Person. The Advisor shall from time to time render an appropriate accountings accounting of such collections and payments to the Directors Company and to the auditors of the Companyor its designated auditors.

Appears in 1 contract

Samples: Advisory Agreement (Host Funding Inc)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company and may collect and deposit into any such EAST\126876847.2 account or accounts, and disburse from any such account or accounts, any money on behalf of the Company, under such terms and conditions as the Board of Directors may approve, provided that no funds shall be commingled with the funds of the Advisor; and the . The Advisor shall from time to time render appropriate accountings of such collections and payments to the Directors Board and to the independent auditors of the Company.

Appears in 1 contract

Samples: Advisory Agreement (KBS Real Estate Investment Trust, Inc.)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company name, and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company, under such terms and conditions as the Directors may approve, provided that no funds in any such account shall be commingled with the funds of the Advisor; and the Advisor shall shall, as requested by the Directors from time to time time, but no less often than quarterly, render appropriate accountings accounting of such collections and payments to the Directors and to the auditors of the Company.

Appears in 1 contract

Samples: Management and Advisory Agreement (Amerivest Properties Inc)

Bank Accounts. The Advisor may establish and maintain one or more bank ------------- accounts in its own name for the account of the Company or in the name of the Company name, and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company, under such terms and conditions as the Directors may approve, provided that no funds in any such account shall be commingled with the funds of the Advisor; and the Advisor shall from time to time render appropriate accountings accounting of such collections and payments to the Directors and to the auditors of the Company.

Appears in 1 contract

Samples: Advisory Agreement (Income Opportunity Realty Investors Inc /Tx/)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of CIP and/or the Company Partnership and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company, under such terms and conditions as the Directors Board may approve, ; provided that no funds shall be commingled with the funds of the Advisor; and the . The Advisor shall from time to time upon request render appropriate accountings of such collections and payments to the Directors Board and to the independent auditors of the Company.

Appears in 1 contract

Samples: Advisory Agreement (Corporate Income Properties - ARC, Inc.)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company Company, or in the name of the Company Company, and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company, under such terms and conditions as the Directors Board may approve; provided, provided however, that no funds shall be commingled with the funds of the Advisor; , and the Advisor shall from time to time render appropriate accountings of such collections and payments bank accounts to the Directors Board and to the auditors of the Company.

Appears in 1 contract

Samples: Advisory Agreement

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company (and its Subsidiaries) and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the CompanyCompany and its Subsidiaries, under such terms and conditions as the Directors Board (or the governing body of such Subsidiary) may approve, provided that no funds shall be commingled with the funds of the Advisor; and the . The Advisor shall from time to time render appropriate accountings of such collections and payments to the Directors Board and to the independent auditors of the Company. 6.

Appears in 1 contract

Samples: Advisory Agreement (Cottonwood Communities, Inc.)

Bank Accounts. The Advisor may establish and maintain one or more bank -------------- accounts in its own name for the account of the Company or in the name of the Company and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company, under such terms and conditions as the Board of Directors may approve, provided that no funds all such accounts shall be commingled with maintained in such fashion as to make clear that the funds therein are the property of the Company and not of the Advisor; and the . The Advisor shall from time to time render appropriate accountings of such collections and payments to the Board of Directors and to the auditors of the Company.

Appears in 1 contract

Samples: Advisory Agreement (Apple Hospitality Two Inc)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, accounts any money on behalf of the Company, Trust under such terms and conditions as a majority of the Directors Independent Trust Managers may approve, provided provided, that no funds in such accounts shall be commingled with the funds of the Advisor; and the Advisor shall from time to time render appropriate accountings of such collections and payments to the Directors and to the auditors of the Company.or any other Affiliate or client of

Appears in 1 contract

Samples: Advisory Agreement (United Investors Realty Trust)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own the name for the account of the Company or in the its own name of the Company and may collect and deposit into any such account or accounts, and disburse from such accounts any such account or accounts, any money monies on behalf of the Company, Company under such terms and conditions as the Directors may approve, provided that no funds in any such account shall be commingled with the funds of the Advisor; , and the Advisor shall from time to time as requested by the Directors render appropriate accountings of such collections payments and payments deposits to the Directors and to the auditors of the Company.

Appears in 1 contract

Samples: Reit Advisory Agreement (American Church Mortgage Co)

Bank Accounts. The Advisor Adviser may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company name, and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company, under such terms and conditions as the Directors may approve, provided that no funds in any such account shall be commingled with the funds of the Advisor; Adviser, and the Advisor Adviser shall from time to time render appropriate accountings accounting of such collections deposits and payments to the Directors and to the auditors of the Company.

Appears in 1 contract

Samples: Advisory Agreement (HMG Courtland Properties Inc)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company, under such terms and conditions as the Directors Trust Managers may approve, provided that no funds shall be commingled with the funds of the Advisor; and the Advisor shall from time to time render appropriate accountings of such collections and payments to the Directors Trust Managers and to the auditors of the Company.

Appears in 1 contract

Samples: And Restated Advisory Agreement (Rich Uncles Real Estate Investment Trust I)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company name, and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company, under such terms and conditions as the Board of Directors of the Company may approve, provided that no funds in any such account shall be commingled with the funds of the AdvisorAdvisor or another party; and the Advisor shall from time to time render appropriate accountings accounting of such collections and payments to the Board of Directors of the Company and to the auditors of the Company.

Appears in 1 contract

Samples: The Advisory Agreement (Omega Worldwide Inc)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company or the Operating Partnership and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the CompanyCompany or the Operating Partnership, under such terms and conditions as the Directors Board may approve, ; provided that no funds shall be commingled with the funds of the Advisor; and and, upon request, the Advisor shall from time to time render appropriate accountings of such collections and payments to the Directors Board and to the auditors of the Company.

Appears in 1 contract

Samples: Third Amended And (American Realty Capital Healthcare Trust Inc)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company, under such terms and conditions as the Board of Directors may approve, provided that no funds shall be commingled with the funds of the Advisor; and the Advisor shall from time to time render appropriate accountings of such collections and payments to the Board of Directors and to the auditors of the Company.

Appears in 1 contract

Samples: Advisory Agreement (Cole Credit Property Trust Inc)

Bank Accounts. The Advisor Adviser may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company, consistent with the authority granted under Section 4 and in such terms and conditions other circumstances as the Directors Board may approve, provided that no funds shall be commingled with the funds of the AdvisorAdviser; and the Advisor Adviser shall from time to time upon request render appropriate accountings of such collections and payments to the Directors Board and to the auditors of the Company.

Appears in 1 contract

Samples: Advisory Agreement (Nexpoint Diversified Real Estate Trust)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company or any Subsidiary (any such account, a “Company Account”), and may collect and deposit funds into any such account Company Account or accountsCompany Accounts, and disburse funds from any such account Company Account or accountsCompany Accounts. The Advisor shall, any money on behalf of the Company, under such terms and conditions as the Directors may approve, provided that no funds shall be commingled with the funds of the Advisor; and the Advisor shall from time to time time, render appropriate accountings of such collections and payments to the Board of Directors and and, upon request, to the auditors of the CompanyCompany or any Subsidiary.

Appears in 1 contract

Samples: Advisory Agreement (Hertz Group Realty Trust, Inc.)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, accounts any money on behalf of the CompanyTrust, under such terms and conditions as the Directors Trustees may approve, provided that no funds in any such account shall be commingled with the funds of the Advisor; and the . The Advisor shall from time to time render appropriate accountings accounting of such collections collections, deposits and payments to the Directors Trustees and to the auditors of the CompanyTrust.

Appears in 1 contract

Samples: Standstill Agreement (American Realty Trust Inc)

Bank Accounts. The Advisor may establish and maintain one or more ------------- bank accounts in its own name for the account of the Company or in the name of the Company name, and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company, under such terms and conditions as the Directors may approve, provided that no funds in any such account shall be commingled with the funds of the Advisor; and the Advisor shall shall, as requested by the Directors from time to time time, but no less often than quarterly, render appropriate accountings accounting of such collections and payments to the Directors and to the auditors of the Company.

Appears in 1 contract

Samples: Management and Advisory Agreement (Amerivest Properties Inc)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company, under such terms and conditions as the Directors Board may approve, provided that no funds shall be commingled with the funds of the Advisor; and the . The Advisor shall from time to time render appropriate accountings of such collections and payments to the Directors and to Board and, if applicable, the independent auditors of the Company.

Appears in 1 contract

Samples: Advisory Agreement (KBS Growth & Income REIT, Inc.)

Bank Accounts. The Advisor Adviser may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company, under such terms and conditions as the Directors Board may approve, provided that no funds shall be commingled with the funds of the Advisor; and the Advisor any other Person. The Adviser shall from time to time render appropriate accountings of such collections and payments to the Directors Board and to the independent auditors of the Company.

Appears in 1 contract

Samples: Advisory Agreement (FS Credit Real Estate Income Trust, Inc.)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company name, and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company, under such 5 terms and conditions as the Directors may approve, provided that no funds in any such account shall be commingled with the funds of the Advisor; and the Advisor shall from time to time render appropriate accountings accounting of such collections and payments to the Directors and to the auditors of the Company.

Appears in 1 contract

Samples: Advisory Agreement (Income Opportunity Realty Investors Inc /Tx/)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company, under such terms and conditions as the Board of Directors may approve, provided that no funds shall be commingled with the funds of the Advisor; and the Advisor shall from time to time render appropriate accountings of such collections and payments to the Board of Directors and to the auditors of the Company.

Appears in 1 contract

Samples: Advisory Agreement (Behringer Harvard Real Estate Investment Trust I Inc)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company, under such terms and conditions as the Directors may approve, ; provided that no funds shall be commingled with the funds of the Advisor; Advisor and the Advisor shall from time to time render appropriate accountings of such collections and payments to the Directors and to the auditors of the Company.

Appears in 1 contract

Samples: Restated Advisory Agreement (Arc Corporate Realty Trust Inc)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company and any subsidiary thereof and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company, under such terms and conditions as the Directors Company may approve, provided that no funds shall be commingled with the funds of the Advisor; and the Advisor shall from time to time render appropriate accountings of such collections and payments to the Directors Company and to the auditors of the Company.

Appears in 1 contract

Samples: Advisory Agreement (Future of Housing Fund, Inc.)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own name for the account of the Company or in the name of the Company and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, accounts any money on behalf of the Company, under such terms and conditions as the Directors may approve, provided that no funds in any such account shall be commingled with funds of any other Person, including the funds Advisor, any Affiliates of the Advisor; and , or any other investment program administered by the Advisor or its Affiliates. The Advisor shall from time to time render appropriate accountings accounting of such collections collections, deposits and payments to the Directors and to the auditors of the Company.

Appears in 1 contract

Samples: Advisory and Servicing Agreement (Arizona Land Income Corp)

Bank Accounts. The Advisor may establish and maintain one or more bank accounts in its own the name for the account of the Company or in the its own name of as agent for the Company and may collect and deposit into any such account or accounts, in and disburse from any such account or accountsaccount, any money on behalf of the Company, under such terms and conditions as the Directors Trustees may approve, provided that no funds in such account shall be commingled with the funds of the Advisor; and the Advisor shall from . From time to time and upon appropriate request, Advisor shall render appropriate accountings accounting of such collections and payments to the Directors Trustee and to the auditors of the Company.

Appears in 1 contract

Samples: Advisory Services Agreement (American Mortgage Acceptance Co)

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