Common use of Accounting and Other Administrative Services Clause in Contracts

Accounting and Other Administrative Services. The Manager shall: (i) manage and perform the various administrative functions necessary for the day-to-day operations of the Company; (ii) provide or arrange for administrative services, legal services, office space, office furnishings, personnel and other overhead items necessary and incidental to the Company’s business and operations; (iii) provide financial and operational planning services and portfolio management functions; (iv) maintain accounting data and any other information concerning the activities of the Company as shall be required to prepare and file all periodic financial reports and returns required to be filed with the Commission and any other regulatory agency, including annual financial statements; (v) maintain all appropriate books and records of the Company; (vi) oversee tax and compliance services and risk management services and coordinate with appropriate third parties, including independent accountants and other consultants, on related tax matters; (vii) make, change, and revoke such tax elections on behalf of the Company as the Manager deems appropriate, including, without limitation, (i) making an election be treated as a REIT or to revoke such status and (ii) making an election to be classified as an association taxable as a corporation for U.S. federal income tax purposes; (viii) supervise the performance of such ministerial and administrative functions as may be necessary in connection with the daily operations of the Company; (ix) provide the Company with all necessary cash management services; (x) manage and coordinate with the Transfer Agent (if any) the process of making distributions and payments to Members; (xi) evaluate and obtain adequate insurance coverage based upon risk management determinations; (xii) provide timely updates related to the overall regulatory environment affecting the Company, as well as managing compliance with regulatory matters; (xiii) evaluate the corporate governance structure of the Company and appropriate policies and procedures related thereto; and (xiv) oversee all reporting, record keeping, internal controls and similar matters in a manner to allow the Company to comply with applicable law.

Appears in 33 contracts

Samples: Operating Agreement (Fundrise East Coast Opportunistic REIT, LLC), Operating Agreement (Fundrise Growth eREIT III, LLC), Operating Agreement (Fundrise Midland Opportunistic REIT, LLC)

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Accounting and Other Administrative Services. The Manager shall: (i) manage and perform the various administrative functions necessary for the day-to-day operations of the Company; (ii) provide or arrange for administrative services, legal services, office space, office furnishings, personnel and other overhead items necessary and incidental to the Company’s business and operations; (iii) provide financial and operational planning services and portfolio management functions; (iv) maintain accounting data and any other information concerning the activities of the Company as shall be required to prepare and file all periodic financial reports and returns required to be filed with the Commission and any other regulatory agency, including annual financial statements; (v) maintain all appropriate books and records of the Company; (vi) oversee tax and compliance services and risk management services and coordinate with appropriate third parties, including independent accountants and other consultants, on related tax matters; (vii) make, change, and revoke such tax elections on behalf of the Company as the Manager deems appropriate, including, without limitation, : (i1) making an election be treated as a REIT or to revoke such status and status; and (ii2) making an election to be classified as an association taxable as a corporation for U.S. federal income tax purposes; (viii) supervise the performance of such ministerial and administrative functions as may be necessary in connection with the daily operations of the Company; (ix) provide the Company with all necessary cash management services; (x) manage and coordinate with the Transfer Agent (if any) the process of making distributions and payments to Members; (xi) evaluate and obtain adequate insurance coverage based upon risk management determinations; (xii) provide timely updates related to the overall regulatory environment affecting the Company, as well as managing compliance with regulatory matters; (xiii) evaluate the corporate governance structure of the Company and appropriate policies and procedures related thereto; and (xiv) oversee all reporting, record keeping, internal controls and similar matters in a manner to allow the Company to comply with applicable law.

Appears in 23 contracts

Samples: Operating Agreement (Arrived Debt Fund, LLC), Operating Agreement (Fundrise Development eREIT, LLC), Operating Agreement (Fundrise Growth Ereit Vii, LLC)

Accounting and Other Administrative Services. The Manager Advisor shall: (i) manage and perform the various administrative functions necessary for the management of the day-to-day operations of the Company; (ii) from time-to-time, or at any time reasonably requested by the Board, make reports to the Board on the Advisor’s performance of services to the Company under this Agreement; (iii) coordinate with the Company’s independent accountants and auditors to prepare and deliver to the Board’s audit committee an annual report covering the Advisor’s compliance with certain material aspects of this Agreement; (iv) provide or arrange for administrative servicesservices and items, legal and other services, office space, office furnishings, personnel and other overhead items necessary and incidental to the Company’s business and operations; (iii) provide financial and operational planning services and portfolio management functions; (ivv) maintain accounting data and any other information concerning the activities of the Company as shall be required needed to prepare and file all periodic financial reports and returns required to be filed with the Commission SEC and any other regulatory agency, including annual financial statements; (vvi) maintain all appropriate books and records of the Company; (vivii) oversee tax and compliance services and risk management services and coordinate with appropriate third partiesparties engaged by the Company, including independent accountants and other consultants, on related tax matters; (vii) make, change, and revoke such tax elections on behalf of the Company as the Manager deems appropriate, including, without limitation, (i) making an election be treated as a REIT or to revoke such status and (ii) making an election to be classified as an association taxable as a corporation for U.S. federal income tax purposes; (viii) supervise the performance of such ministerial and administrative functions as may be necessary in connection with the daily operations of the Company; (ix) provide the Company with all necessary cash management services; (x) manage and coordinate with the Transfer Agent (if any) transfer agent the Distribution process of making distributions and payments to MembersStockholders; (xi) evaluate at any time reasonably requested by the Board, consult with the Board and obtain assist in evaluating and obtaining adequate property insurance coverage based upon risk management determinations; (xii) provide the officers of the Company and the Board with timely updates related to the overall regulatory environment affecting the Company, as well as managing compliance with regulatory such matters; (xiii) evaluate consult with the Board relating to the corporate governance structure of and the Company and appropriate policies and procedures related thereto; and (xiv) oversee all reporting, record keeping, internal controls and similar matters in a manner to allow the Company to comply with applicable lawlaw including the Xxxxxxxx-Xxxxx Act of 2002.

Appears in 13 contracts

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

Accounting and Other Administrative Services. The Manager MANAGING MEMBER or BOARD OF DIRECTORS shall: (i) 1. manage and perform the various administrative functions necessary for the day-to-day operations of the CompanyCOMPANY; (ii) 2. provide or arrange for administrative services, legal services, office space, office furnishings, personnel and other overhead items necessary and incidental to the Company’s COMPANY'S business and operations; (iii) 3. provide financial and operational planning services and portfolio management functions; (iv) 4. maintain accounting data and any other information concerning the activities of the Company COMPANY as shall be required to prepare and file all periodic financial reports and returns required to be filed with the Commission COMMISSION and any other regulatory agency, including annual financial statements; (v) 5. maintain all appropriate books and records of the CompanyCOMPANY; (vi) 6. oversee tax and compliance services and risk management services and coordinate with appropriate third parties, including independent accountants and other consultants, on related tax matters; (vii) 7. make, change, and revoke such tax elections on behalf of the Company COMPANY as the Manager MANAGING MEMBER or BOARD OF DIRECTORS deems appropriate, including, without limitation, (i) : i. making an election be treated as a REIT or to revoke such status and (status; and ii) . making an election to be classified as an association taxable as a corporation for U.S. federal income tax purposes; (viii) 8. supervise the performance of such ministerial and administrative functions as may be necessary in connection with the daily operations of the CompanyCOMPANY; (ix) 9. provide the Company COMPANY with all necessary cash management services; (x) 10. manage and coordinate with the Transfer Agent TRANSFER AGENT (if any) the process of making distributions and payments to MembersShareholders; (xi) 11. evaluate and obtain adequate insurance coverage based upon risk management determinations; (xii) 12. provide timely updates related to the overall regulatory environment affecting the CompanyCOMPANY, as well as managing compliance with regulatory matters; (xiii) 13. evaluate the corporate governance structure of the Company COMPANY and appropriate policies and procedures related thereto; and (xiv) 14. oversee all reporting, record keeping, internal controls and similar matters in a manner to allow the Company COMPANY to comply with applicable law.

Appears in 8 contracts

Samples: Operating Agreement (Strategic Hotel Ventures, LLC), Operating Agreement (Century West Multifamily Income Reit, LLC), Operating Agreement (Anabasis Real Estate Investment Trust, LLC)

Accounting and Other Administrative Services. The Manager shall: (i) manage and perform the various administrative functions necessary for the day-to-day operations of the Company; (ii) provide or arrange for administrative services, legal services, office space, office furnishings, personnel and other overhead items necessary and incidental to the Company’s business and operations; (iii) provide financial and operational planning services and portfolio management functions; (iv) maintain accounting data and any other information concerning the activities of the Company as shall be required to prepare and file all periodic financial reports and returns required to be filed with the Commission and any other regulatory agency, including annual financial statements; (v) maintain all appropriate books and records of the Company; (vi) oversee tax and compliance services and risk management services and coordinate with appropriate third parties, including independent accountants and other consultants, on related tax matters; (vii) make, change, and revoke such tax elections on behalf of the Company as the Manager deems appropriate, including, without limitation, (i) making an election be treated as a REIT or to revoke such status and (ii) making an election to be classified as an association taxable as a corporation for U.S. federal income tax purposes; (viii) supervise the performance of such ministerial and administrative functions as may be necessary in connection with the daily operations of the Company; (ix) provide the Company with all necessary cash management services; (x) manage and coordinate with the Transfer Agent (if any) the process of making distributions and payments to Members; (xi) evaluate and obtain adequate insurance coverage based upon risk management determinations; (xii) provide timely updates related to the overall regulatory environment affecting the Company, as well as managing compliance with regulatory matters; (xiii) evaluate the corporate governance structure of the Company and appropriate policies and procedures related thereto; (xiv) take any and all actions necessary or prudent to ensure that the Company will not be classified as an association taxable as a corporation for U.S. federal income tax purposes or a “publicly traded partnership” for purposes of Section 7704 of the Code; and (xivxv) oversee all reporting, record keeping, internal controls and similar matters in a manner to allow the Company to comply with applicable law.

Appears in 7 contracts

Samples: Operating Agreement (Fundrise eFund, LLC), Operating Agreement (Fundrise eFund, LLC), Operating Agreement (Fundrise National for-Sale Housing eFund, LLC)

Accounting and Other Administrative Services. The Manager shall: (i) manage and perform the various administrative functions necessary for the day-to-day operations of the Company; (ii) provide or arrange for administrative services, legal services, office space, office furnishings, personnel and other overhead items necessary and incidental to the Company’s business and operations; (iii) provide financial and operational planning services and portfolio management functions; (iv) maintain accounting data and any other information concerning the activities of the Company as shall be required to prepare and file all periodic financial reports and returns required to be filed with the Commission and any other regulatory agency, including annual financial statements; (v) maintain all appropriate books and records of the Company; (vi) oversee tax and compliance services and risk management services and coordinate with appropriate third parties, including independent accountants and other consultants, on related tax matters; (vii) make, change, and revoke such tax elections on behalf of the Company as the Manager deems appropriate, including, without limitation, (i) making an election be treated as a REIT or to revoke such status and (ii) making an election to be classified as an association taxable as a corporation for U.S. federal income tax purposes; (viii) supervise the performance of such ministerial and administrative functions as may be necessary in connection with the daily operations of the Company; (ix) provide the Company with all necessary cash management services; (x) manage and coordinate with the Transfer Agent (if any) the process of making distributions and payments to Members; (xi) evaluate and obtain adequate insurance coverage based upon risk management determinations; (xii) provide timely updates related to the overall regulatory environment affecting the Company, as well as managing compliance with regulatory matters; (xiii) evaluate the corporate governance structure of the Company and appropriate policies and procedures related thereto; and (xiv) oversee all reporting, record keeping, internal controls and similar matters in a manner to allow the Company to comply with applicable law.

Appears in 6 contracts

Samples: Limited Liability Company Agreement (Concreit Fund I LLC), Operating Agreement (World Tree Usa, LLC), Limited Liability Company Agreement (Concreit Fund I LLC)

Accounting and Other Administrative Services. The Manager shall: (i) manage and perform the various administrative functions necessary for the day-to-day operations of the Company; (ii) provide or arrange for administrative services, legal services, office space, office furnishings, personnel and other overhead items necessary and incidental to the Company’s business and operations; (iii) provide financial and operational planning services and portfolio management functions; (iv) maintain accounting data and any other information concerning the activities of the Company as shall be required to prepare and file all periodic financial reports and returns required to be filed with the Commission and any other regulatory agency, including annual financial statements; (v) maintain all appropriate books and records of the Company; (vi) oversee tax and compliance services and risk management services and coordinate with appropriate third parties, including independent accountants and other consultants, on related tax matters; (vii) make, change, and revoke such tax elections on behalf of the Company as the Manager deems appropriate, including, without limitation, (i) making an election be treated as a REIT or to revoke such status and (ii) making an election to be classified as an association taxable as a corporation for U.S. federal income tax purposes, (ii) making an election to be treated as a REIT or to revoke such status and (iii) making an election to be treated as a Qualified Fund or to revoke such status; (viii) monitor asset values, asset locations, and entity compliance requirements, and take whatever other reasonable steps as necessary to enable the Company to qualify as a Qualified Fund and to maintain that qualification; (ix) supervise the performance of such ministerial and administrative functions as may be necessary in connection with the daily operations of the Company; (ix) provide the Company with all necessary cash management services; (x) manage and coordinate with the Transfer Agent (if any) the process of making distributions and payments to Members; (xi) evaluate and obtain adequate insurance coverage based upon risk management determinations; (xii) provide timely updates related to the overall regulatory environment affecting the Company, as well as managing compliance with regulatory matters; (xiii) evaluate the corporate governance structure of the Company and appropriate policies and procedures related thereto; and (xiv) oversee all reporting, record keeping, internal controls and similar matters in a manner to allow the Company to comply with applicable law.

Appears in 5 contracts

Samples: Operating Agreement (REITless Impact Opportunity Zone Strategies LLC), Operating Agreement (REITless Impact Opportunity Zone Strategies LLC), Operating Agreement (REITless Impact Opportunity Zone Strategies LLC)

Accounting and Other Administrative Services. The Manager shall: (i) manage and perform the various administrative functions necessary for the day-to-day operations of the Company; (ii) provide or arrange for administrative services, legal services, office space, office furnishings, personnel and other overhead items necessary and incidental to the Company’s business and operations; (iii) provide financial and operational planning services and portfolio management functions; (iv) maintain accounting data and any other information concerning the activities of the Company as shall be required to prepare and file all periodic financial reports and returns required to be filed with the Commission and any other regulatory agency, including annual financial statements; (v) maintain all appropriate books and records of the Company; (vi) oversee tax and compliance services and risk management services and coordinate with appropriate third parties, including independent accountants and other consultants, on related tax matters; (vii) make, change, and revoke such tax elections on behalf of the Company as the Manager deems appropriate, including, without limitation, (i) making an election be treated as a REIT or to revoke such status and (ii) making an election to be classified as an association taxable as a corporation for U.S. federal income tax purposes, and (ii) making an election to be treated as a REIT or to revoke such status; (viii) supervise the performance of such ministerial and administrative functions as may be necessary in connection with the daily operations of the Company; (ix) provide the Company with all necessary cash management services, whether effected through the Manager or a third party that is not an Affiliate of the Company; (x) manage and coordinate with the Transfer Agent (if any) the process of making distributions and payments to Members; (xi) evaluate and obtain adequate insurance coverage based upon risk management determinations; (xii) provide timely updates related to the overall regulatory environment affecting the Company, as well as managing compliance with regulatory matters; (xiii) evaluate the corporate governance structure of the Company and appropriate policies and procedures related thereto; and (xiv) oversee all reporting, record keeping, internal controls and similar matters in a manner to allow the Company to comply with applicable law.

Appears in 5 contracts

Samples: Operating Agreement (Reitless Impact Income Strategies LLC), Operating Agreement (Reitless Impact Income Strategies LLC), Operating Agreement (Reitless Impact Income Strategies LLC)

Accounting and Other Administrative Services. The Manager shall: (i) manage and perform the various administrative functions necessary for the management of the day-to-day operations of the CompanyPark View Entities; (ii) provide or arrange for administrative servicesservices and items, legal and other services, office space, office furnishings, personnel and other overhead items necessary and incidental to the Company’s Park View Entities’ business and operations; (iii) provide financial and operational planning services and portfolio management functions; (iv) maintain accounting data and any other information concerning the activities of the Company Park View Entities as shall be required needed to prepare and file all periodic financial reports and returns required to be filed with the Commission SEC and any other regulatory agency, including annual financial statements; (v) maintain all appropriate books and records of the CompanyPark View Entities; (vi) oversee tax and compliance services and risk management services and coordinate with appropriate third parties, including independent accountants and other consultants, on related tax matters; (vii) make, change, and revoke such tax elections on behalf of the Company as the Manager deems appropriate, including, without limitation, (i) making an election be treated as a REIT or to revoke such status and (ii) making an election to be classified as an association taxable as a corporation for U.S. federal income tax purposes; (viii) supervise the performance of such ministerial and administrative functions as may be necessary in connection with the daily operations of the CompanyPark View Entities; (ixviii) provide the Company Park View Entities with all necessary cash management services; (xix) manage and coordinate with the Transfer Agent (if any) transfer agent the Distribution process of making distributions and payments to Memberspayments; (xix) evaluate and obtain adequate insurance coverage based upon risk management determinations; (xiixi) provide the officers of the Company and the Board with timely updates related to the overall regulatory environment affecting the Company, as well as managing compliance with regulatory such matters; (xiiixii) evaluate the Company’s corporate governance structure of the Company and appropriate policies and procedures related thereto; and (xivxiii) oversee all reporting, record keeping, internal controls and similar matters in a manner to allow the Company Park View Entities to comply with applicable law.

Appears in 4 contracts

Samples: Management Agreement (Park View OZ REIT Inc), Management Agreement (Park View OZ REIT Inc), Management Agreement (Park View OZ REIT Inc)

Accounting and Other Administrative Services. The Manager shall: (i) manage and perform the various administrative functions necessary for the day-to-day operations of the Company; (ii) provide or arrange for administrative services, legal services, office space, office furnishings, personnel and other overhead items necessary and incidental to the Company’s business and operations; (iii) provide financial and operational planning services and portfolio management functions; (iv) maintain accounting data and any other information concerning the activities of the Company as shall be required to prepare and file all periodic financial reports and returns required to be filed with the U.S. Securities and Exchange Commission and any other regulatory agency, including annual financial statements; (v) maintain all appropriate books and records of the Company; (vi) oversee tax and compliance services and risk management services and coordinate with appropriate third parties, including independent accountants and other consultants, on related tax matters; (vii) make, change, and revoke such tax elections on behalf of the Company as the Manager deems appropriate, including, without limitation, (i) making an election be treated as a REIT or to revoke such status and (ii) making an election to be classified as an association taxable as a corporation for U.S. federal income tax purposes; (viii) supervise the performance of such ministerial and administrative functions as may be necessary in connection with the daily operations of the Company; (viii) from time to time, or at any time reasonably requested by the Board, make reports to the Board of its performance of services to the Company under this Agreement; (ix) provide the Company with all necessary cash management services; (x) deliver to or maintain on behalf of the Company copies of appraisals obtained in connections with the investments in Assets; (xi) manage and coordinate with the Transfer Agent Company’s transfer agent (if any) the process of making distributions and payments to MembersStockholders; (xixii) evaluate and obtain adequate insurance coverage based upon risk management determinations; (xiixiii) provide timely updates to the Board related to the overall regulatory environment affecting the Company, as well as managing compliance with regulatory matters; (xiiixiv) evaluate the corporate governance structure of the Company and appropriate policies and procedures related thereto; and (xivxv) oversee all reporting, record keeping, internal controls and similar matters in a manner to allow the Company to comply with applicable law.

Appears in 4 contracts

Samples: Management Agreement (MogulREIT II, Inc.), Management Agreement (MogulREIT II, Inc.), Management Agreement (MogulREIT II, Inc.)

Accounting and Other Administrative Services. The Manager shall: (ia) manage and perform the various administrative functions necessary for the day-to-day operations of the CompanyFund; (iib) provide or arrange for administrative services, legal services, office space, office furnishings, personnel and other overhead items necessary and incidental to the CompanyFund’s business and operations; (iiic) provide financial and operational planning services and portfolio management functions; (ivd) maintain accounting data and any other information concerning the activities of the Company Fund as shall be required to prepare and file all periodic financial reports and returns required to be filed with the Commission and any other regulatory agency, including annual financial statements; (ve) maintain all appropriate books and records of the CompanyFund; (vif) oversee tax and compliance services and risk management services and coordinate with appropriate third parties, including independent accountants and other consultants, on related tax matters; (viig) make, change, and revoke such tax elections on behalf of the Company Fund as the Manager deems appropriate, including, without limitation, (i) making an election be treated as a REIT or to revoke such status and (ii) making an election to be classified as an association taxable as a corporation for U.S. federal income tax purposes; (viiih) supervise the performance of such ministerial and administrative functions as may be necessary in connection with the daily operations of the CompanyFund; (ixi) provide the Company Fund with all necessary cash management services; (xj) manage and coordinate with the Transfer Agent transfer agent (if any) the process of making distributions and payments to Members; (xik) evaluate and obtain adequate insurance coverage based upon risk management determinations; (xiil) provide timely updates updated related to the overall regulatory environment affecting the CompanyFund, as well as managing compliance with regulatory matters; (xiiim) evaluate the corporate governance structure of the Company Fund and appropriate policies and procedures related thereto; and (xivn) oversee all reporting, record keeping, internal controls control and similar matters in a manner to allow the Company Fund to comply with applicable law.

Appears in 3 contracts

Samples: Management Services Agreement (Concreit Fund I LLC), Management Services Agreement (Concreit Fund I LLC), Management Services Agreement (Concreit Fund I LLC)

Accounting and Other Administrative Services. The Manager shall: (i) manage Manage and perform the various administrative functions necessary for the management of the day-to-day operations of the CompanyAHP Entities; (ii) provide Provide or arrange for administrative servicesservices and items, legal and other services, office space, office furnishings, personnel and other overhead items necessary and incidental to the Company’s AHP Entities’ business and operations; (iii) provide Provide financial and operational planning services and portfolio management functions; (iv) maintain Maintain accounting data and any other information concerning the activities of the Company AHP Entities as shall be required needed to prepare and file all periodic financial reports and returns required to be filed with the Commission SEC and any other regulatory agency, including annual financial statements; (v) maintain Maintain all appropriate books and records of the CompanyAHP Entities; (vi) oversee Oversee tax and compliance services and risk management services and coordinate with appropriate third parties, including independent accountants and other consultants, on related tax matters; (vii) make, change, and revoke such tax elections on behalf of the Company as the Manager deems appropriate, including, without limitation, (i) making an election be treated as a REIT or to revoke such status and (ii) making an election to be classified as an association taxable as a corporation for U.S. federal income tax purposes; (viii) supervise Supervise the performance of such ministerial and administrative functions as may be necessary in connection with the daily operations of the CompanyAHP Entities; (ixviii) provide Provide the Company AHP Entities with all necessary cash management services; (xix) manage Manage and coordinate with the Transfer Agent (if any) transfer agent the Distribution process of making distributions and payments to MembersSecurityholders; (xix) evaluate Evaluate and obtain adequate insurance coverage based upon risk management determinations; (xiixi) provide Provide the officers of the Company and the Board with timely updates related to the overall regulatory environment affecting the Company, as well as managing compliance with regulatory such matters; (xiiixii) evaluate Evaluate the Company’s corporate governance structure of the Company and appropriate policies and procedures related thereto; and (xivxiii) oversee Oversee all reporting, record keeping, internal controls and similar matters in a manner to allow the Company AHP Entities to comply with applicable law.

Appears in 2 contracts

Samples: Management Agreement (American Hospitality Properties REIT II, Inc.), Management Agreement (American Hospitality Properties REIT, Inc.)

Accounting and Other Administrative Services. The Manager shall: (i) manage and perform the various administrative functions necessary for the management of the day-to-day operations of the CompanyBelpointe Entities; (ii) provide or arrange for administrative servicesservices and items, legal and other services, office space, office furnishings, personnel and other overhead items necessary and incidental to the Company’s Belpointe Entities’ business and operations; (iii) provide financial and operational planning services and portfolio management functions; (iv) maintain accounting data and any other information concerning the activities of the Company Belpointe Entities as shall be required needed to prepare and file all periodic financial reports and returns required to be filed with the Commission SEC and any other regulatory agency, including annual financial statements; (v) maintain all appropriate books and records of the CompanyBelpointe Entities; (vi) oversee tax and compliance services and risk management services and coordinate with appropriate third parties, including independent accountants and other consultants, on related tax matters; (vii) make, change, and revoke such tax elections on behalf of the Company as the Manager deems appropriate, including, without limitation, (i) making an election be treated as a REIT or to revoke such status and (ii) making an election to be classified as an association taxable as a corporation for U.S. federal income tax purposes; (viii) supervise the performance of such ministerial and administrative functions as may be necessary in connection with the daily operations of the CompanyBelpointe Entities; (ixviii) provide the Company Belpointe Entities with all necessary cash management services; (xix) manage and coordinate with the Transfer Agent (if any) transfer agent the Distribution process of making distributions and payments to Memberspayments; (xix) evaluate and obtain adequate insurance coverage based upon risk management determinations; (xiixi) provide the officers of the Company and the Board with timely updates related to the overall regulatory environment affecting the Company, as well as managing compliance with regulatory such matters; (xiiixii) evaluate the Company’s corporate governance structure of the Company and appropriate policies and procedures related thereto; and (xivxiii) oversee all reporting, record keeping, internal controls and similar matters in a manner to allow the Company Belpointe Entities to comply with applicable law.

Appears in 1 contract

Samples: Management Agreement (Belpointe REIT, Inc.)

Accounting and Other Administrative Services. The Manager shall: (i) manage and perform the various administrative functions necessary for the day-to-day operations of the Company; (ii) provide or arrange for administrative services, legal services, office space, office furnishings, personnel and other overhead items necessary and incidental to the Company’s business and operations; (iii) provide financial and operational planning services and portfolio management functions; (iv) maintain accounting data and any other information concerning the activities of the Company as shall be required to prepare and file all periodic financial reports and returns required to be filed with the Commission and any other regulatory agency, including annual financial statements; (v) maintain all appropriate books and records of the Company; (vi) oversee tax and compliance services and risk management services and coordinate with appropriate third parties, including independent accountants and other consultants, on related tax matters; (vii) make, change, and revoke such tax elections on behalf of the Company as the Manager deems appropriate, including, without limitation, (i) making an election be treated as a REIT or to revoke such status and (ii) making an election to be classified as an association taxable as a corporation for U.S. federal income tax purposes; (viii) supervise the performance of such ministerial and administrative functions as may be necessary in connection with the daily operations of the Company; (ix) provide the Company with all necessary cash management services; (x) at its election, open bank accounts the name of the Company, and the Manager shall be the sole signatory thereon, unless the Manager determines otherwise; (xi) manage and coordinate with the Transfer Agent (if any) for the process of making distributions and payments to Members; (xixii) evaluate and obtain adequate insurance coverage based upon risk management determinations; (xiixiii) provide timely updates related to the overall regulatory environment affecting the Company, as well as managing compliance with regulatory matters; (xiiixiv) evaluate the corporate governance structure of the Company and appropriate policies and procedures related thereto; and; (xivxv) oversee all reporting, record keeping, internal controls and similar matters in a manner to allow the Company to comply with applicable law; and (xvi) to do and perform all other acts as may be necessary or appropriate to the conduct of the Company’s business, including without limitation establishing, setting aside and/or allocating Reserves.

Appears in 1 contract

Samples: Operating Agreement (Landa Financing LLC)

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Accounting and Other Administrative Services. The Manager Advisor shall: (i) manage and perform the various administrative functions necessary for the day-to-day operations of the Company; (ii) provide or arrange for administrative services, legal services, office space, office furnishings, personnel and other overhead items necessary and incidental to the Company’s business and operations; (iii) provide financial and operational planning services and portfolio management functions; (iv) maintain accounting data and any other information concerning the activities of the Company as shall be required to prepare and file all periodic financial reports and returns required to be filed with the U.S. Securities and Exchange Commission and any other regulatory agency, including annual financial statements; (v) maintain all appropriate books and records of the Company; (vi) oversee tax and compliance services and risk management services and coordinate with appropriate third parties, including independent accountants and other consultants, on related tax matters; (vii) make, change, and revoke such tax elections on behalf of the Company as the Manager deems appropriate, including, without limitation, (i) making an election be treated as a REIT or to revoke such status and (ii) making an election to be classified as an association taxable as a corporation for U.S. federal income tax purposes; (viii) supervise the performance of such ministerial and administrative functions as may be necessary in connection with the daily operations of the Company; (viii) from time to time, or at any time reasonably requested by the Board, make reports to the Board of its performance of services to the Company under this Agreement; (ix) provide the Company with all necessary cash management services; (x) deliver to or maintain on behalf of the Company copies of appraisals obtained in connection with the investments in Assets; (xi) manage and coordinate with the Transfer Agent (if any) Company’s transfer agent the process of making distributions and payments to MembersStockholders; (xixii) evaluate and obtain adequate insurance coverage based upon risk management determinations; (xiixiii) provide timely updates to the Board related to the overall regulatory environment affecting the Company, as well as managing compliance with regulatory matters; (xiiixiv) evaluate the corporate governance structure of the Company and appropriate policies and procedures related thereto; and (xivxv) oversee all reporting, record keeping, internal controls and similar matters in a manner to allow the Company to comply with applicable law.

Appears in 1 contract

Samples: Advisory Agreement (BRIX REIT, Inc.)

Accounting and Other Administrative Services. The Manager shall: : (i) manage Manage and perform the various administrative functions necessary for the management of the day-to-day operations of the Company; ; (ii) provide Provide or arrange for administrative servicesservices and items, legal and other services, office space, office furnishings, personnel and other overhead items necessary and incidental to the Company’s 's business and operations; ; (iii) provide Provide financial and operational planning services and portfolio management functions; ; (iv) maintain Maintain accounting data and any other information concerning the activities of the Company as shall be required needed to prepare and file all periodic financial reports and returns required to be filed with the Commission SEC and any other regulatory agency, including annual financial statements; ; (v) maintain Maintain all appropriate books and records of the Company; ; (vi) oversee Oversee tax and compliance services and risk management services and coordinate with appropriate third parties, including independent accountants and other consultants, on related tax matters; ; (vii) make, change, and revoke such tax elections on behalf of the Company as the Manager deems appropriate, including, without limitation, (i) making an election be treated as a REIT or to revoke such status and (ii) making an election to be classified as an association taxable as a corporation for U.S. federal income tax purposes; (viii) supervise Supervise the performance of such ministerial and administrative functions as may be necessary in connection with the daily operations of the Company; ; (ixviii) provide Provide the Company with all necessary cash management services; ; (xix) manage Manage and coordinate with the Transfer Agent (if any) transfer agent the Distribution process of making distributions and payments to Members; Shareholders; (xix) evaluate Evaluate and obtain adequate insurance coverage based upon risk management determinations; ; (xiixi) provide Provide the officers of the Company and the Board with timely updates related to the overall regulatory environment affecting the Company, as well as managing compliance with regulatory such matters; ; (xiiixii) evaluate Evaluate the Company's corporate governance structure of the Company and appropriate policies and procedures related thereto; and and (xivxiii) oversee Oversee all reporting, record keeping, internal controls and similar matters in a manner to allow the Company to comply with applicable law.

Appears in 1 contract

Samples: Management Agreement (Multi-Housing Income REIT, Inc.)

Accounting and Other Administrative Services. The Manager shall: (i) manage and perform the various administrative functions necessary for the day-to-day operations of the Company; (ii) provide contract or arrange for administrative services, legal services, office space, office furnishings, personnel and other overhead items necessary and incidental to the Company’s business and operations; (iii) provide financial and operational planning services and portfolio management functions; (iv) maintain accounting data and any other information concerning the activities of the Company as shall be required to prepare and file all periodic financial reports and returns required to be filed with the Commission and any other regulatory agency, including annual financial statements; (v) maintain all appropriate books and records of the Company; (vi) oversee tax and compliance services and risk management services and coordinate with appropriate third parties, including independent accountants and other consultants, on related tax matters; (vii) make, change, and revoke such tax elections on behalf of the Company as the Manager deems appropriate, including, without limitation, (i) making : omaking an election be treated as a REIT or to revoke such status status; and (ii) making omaking an election to be classified as an association taxable as a corporation for U.S. federal income tax purposes; (viii) supervise the performance of such ministerial and administrative functions as may be necessary in connection with the daily operations of the Company; (ix) provide the Company with all necessary cash management services; (x) manage and coordinate with the Transfer Agent (if any) the process of making distributions and payments to Members; (xi) evaluate and obtain adequate insurance coverage based upon risk management determinations; (xii) provide timely updates related to the overall regulatory environment affecting the Company, as well as managing compliance with regulatory matters; (xiii) evaluate the corporate governance structure of the Company and appropriate policies and procedures related thereto; and (xiv) oversee all reporting, record keeping, internal controls and similar matters in a manner to allow the Company to comply with applicable law.

Appears in 1 contract

Samples: Operating Agreement (Legacyhub Multifamily Reit I, LLC)

Accounting and Other Administrative Services. The Manager shall: (i) manage and manage, perform and/or supervise the various administrative functions necessary for the day-to-day operations of the Company; (ii) provide or arrange for administrative services, legal services, office space, office furnishings, personnel and other overhead items necessary and incidental to the Company’s business and operations; (iii) provide financial and operational planning services and portfolio management functions; (iv) maintain accounting data and any other information concerning the activities of the Company as shall be required to prepare and file all periodic financial reports and returns required to be filed with the Commission and any other regulatory agency, including annual financial statements; (v) maintain all appropriate books and records of the Company; (vi) maintain one or more bank accounts in the name of the Company or any subsidiary of the Company, collect and deposit into any such account or accounts, and disburse funds from any such account or accounts in a manner consistent with this Agreement, including, without limitation, the payment of fees to the Manager and the Property Manager. (vii) oversee tax and compliance services and risk management services and coordinate with appropriate third parties, including independent accountants and other consultants, on related tax matters; (viiviii) make, change, and revoke such tax elections on behalf of the Company as the Manager deems appropriate, including, without limitation, (i) making an election be treated as a REIT or to revoke such status and (ii) making an election to be classified as an association taxable as a corporation for U.S. federal income tax purposes, and (ii) making an election to be treated as a REIT or to revoke such status; (viiiix) supervise the performance of such ministerial and administrative functions as may be necessary in connection with the daily operations of the Company; (ixx) provide the Company with all necessary cash management services, whether effected through the Manager or a third party that is not an Affiliate of the Company; (xxi) maintain appropriate technology systems for the Company’s operations; (xii) manage and coordinate with the Transfer Agent (if any) the process of making distributions and payments to Members; (xixiii) evaluate and obtain adequate insurance coverage based upon risk management determinations; (xiixiv) provide timely updates related to the overall regulatory environment affecting the Company, as well as managing compliance with regulatory matters; (xiiixv) evaluate the corporate governance structure of the Company and appropriate policies and procedures related thereto; and (xivxvi) oversee all reporting, record keeping, internal controls and similar matters in a manner to allow the Company to comply with applicable law.

Appears in 1 contract

Samples: Operating Agreement (GB8 Residential LLC)

Accounting and Other Administrative Services. The Manager shall: (i) manage Manage and perform the various administrative functions necessary for the management of the day-to-day operations of the Company; (ii) provide Provide or arrange for administrative servicesservices and items, legal and other services, office space, office furnishings, personnel and other overhead items necessary and incidental to the Company’s 's business and operations; (iii) provide Provide financial and operational planning services and portfolio management functions; (iv) maintain Maintain accounting data and any other information concerning the activities of the Company as shall be required needed to prepare and file all periodic financial reports and returns required to be filed with the Commission SEC and any other regulatory agency, including annual financial statements; (v) maintain Maintain all appropriate books and records of the Company; (vi) oversee Oversee tax and compliance services and risk management services and coordinate with appropriate third parties, including independent accountants and other consultants, on related tax matters; (vii) make, change, and revoke such tax elections on behalf of the Company as the Manager deems appropriate, including, without limitation, (i) making an election be treated as a REIT or to revoke such status and (ii) making an election to be classified as an association taxable as a corporation for U.S. federal income tax purposes; (viii) supervise Supervise the performance of such ministerial and administrative functions as may be necessary in connection with the daily operations of the Company; (ixviii) provide Provide the Company with all necessary cash management services; (xix) manage Manage and coordinate with the Transfer Agent (if any) transfer agent the Distribution process of making distributions and payments to MembersShareholders; (xix) evaluate Evaluate and obtain adequate insurance coverage based upon risk management determinations; (xiixi) provide Provide the officers of the Company and the Board with timely updates related to the overall regulatory environment affecting the Company, as well as managing compliance with regulatory such matters; (xiiixii) evaluate Evaluate the Company's corporate governance structure of the Company and appropriate policies and procedures related thereto; and (xivxiii) oversee Oversee all reporting, record keeping, internal controls and similar matters in a manner to allow the Company to comply with applicable law.

Appears in 1 contract

Samples: Management Agreement (Multi-Housing Income REIT, Inc.)

Accounting and Other Administrative Services. The Manager shall: (i) manage Manage and perform the various administrative functions necessary for the management of the day-to-day operations of the Company; (ii) provide Provide or arrange for administrative servicesservices and items, legal and other services, office space, office furnishings, personnel and other overhead items necessary and incidental to the Company’s Company s business and operations; (iii) provide Provide financial and operational planning services and portfolio management functions; (iv) maintain Maintain accounting data and any other information concerning the activities of the Company as shall be required needed to prepare and file all periodic financial reports and returns required to be filed with the Commission SEC and any other regulatory agency, including annual financial statements; (v) maintain Maintain all appropriate books and records of the Company; (vi) oversee Oversee tax and compliance services and risk management services and coordinate with appropriate third parties, including independent accountants and other consultants, on related tax matters; (vii) make, change, and revoke such tax elections on behalf of the Company as the Manager deems appropriate, including, without limitation, (i) making an election be treated as a REIT or to revoke such status and (ii) making an election to be classified as an association taxable as a corporation for U.S. federal income tax purposes; (viii) supervise Supervise the performance of such ministerial and administrative functions as may be necessary in connection with the daily operations of the Company; (ixviii) provide Provide the Company with all necessary cash management services; (xix) manage Manage and coordinate with the Transfer Agent (if any) transfer agent the Distribution process of making distributions and payments to MembersShareholders; (xix) evaluate Evaluate and obtain adequate insurance coverage based upon risk management determinations; (xiixi) provide Provide the officers of the Company and the Board with timely updates related to the overall regulatory environment affecting the Company, as well as managing compliance with regulatory such matters; (xiiixii) evaluate the corporate governance vernance structure of the Company and appropriate policies and procedures related thereto; and (xivxiii) oversee Oversee all reporting, record keeping, internal controls and similar matters in a manner to allow the Company to comply with applicable law.

Appears in 1 contract

Samples: Management Agreement

Accounting and Other Administrative Services. The Manager shall: (i) manage and perform the various administrative functions necessary for the day-to-day operations of the Company; (ii) provide or arrange for administrative services, legal services, office space, office furnishings, personnel and other overhead items necessary and incidental to the Company’s business and operations; (iii) provide financial and operational planning services and portfolio management functions; (iv) maintain accounting data and any other information concerning the activities of the Company as shall be required to prepare and file all periodic financial reports and returns required to be filed with the Commission and any other regulatory agency, including annual financial statements; (v) maintain all appropriate books and records of the Company; (vi) oversee tax and compliance services and risk management services and coordinate with appropriate third parties, including independent accountants and other consultants, on related tax matters; (vii) make, change, and revoke such tax elections on behalf of the Company as the Manager deems appropriate, including, without limitation, (i) making an election be treated as a REIT or to revoke such status and (ii) making an election to be classified as an association taxable as a corporation for U.S. federal income tax purposes, and (ii) making an election to be treated as a REIT or to revoke such status; (viii) supervise the performance of such ministerial and administrative functions as may be necessary in connection with the daily operations of the Company; (ix) provide the Company with all necessary cash management services, whether effected through the Manager or a third party that is not an Affiliate of the Company; (x) manage and coordinate with the Transfer Agent (if any) the process of making distributions and payments to Members; (xi) evaluate and obtain adequate insurance coverage based upon risk management determinations; (xii) provide timely updates related to the overall regulatory environment affecting the Company, as well as managing compliance with regulatory matters; (xiii) evaluate the corporate governance structure of the Company and appropriate policies and procedures related thereto; and (xiv) oversee all reporting, record keeping, internal controls and similar matters in a manner to allow the Company to comply with applicable law.

Appears in 1 contract

Samples: Operating Agreement (FundRebel Dean, LLC)

Accounting and Other Administrative Services. The Manager shall: (i) manage and perform the various administrative functions necessary for the day-to-day day­to­day operations of the Company;Company; (ii) provide or arrange for administrative services, legal services, office space, office furnishings, personnel and other overhead items necessary and incidental to the Company’s business and operations;operations; (iii) provide financial and operational planning services and portfolio management functions;functions; (iv) maintain accounting data and any other information concerning the activities of the Company as shall be required to prepare and file all periodic financial reports and returns required to be filed with the Commission and any other regulatory agency, including annual financial statements;statements; (v) maintain all appropriate books and records of the Company;Company; (vi) oversee tax and compliance services and risk management services and coordinate with appropriate third parties, including independent accountants and other consultants, on related tax matters;matters; (vii) make, change, and revoke such tax elections on behalf of the Company as the Manager deems appropriate, including, without limitation, (i) making an election be treated as a REIT or to revoke such status and (ii) making an election to be classified as an association taxable as a corporation for U.S. federal income tax purposes;, (ii) making an election to be treated as a REIT or to revoke such status and (iii) making an election to be treated as a Qualified Fund or to revoke such status; (viii) monitor asset values, asset locations, and entity compliance requirements, and take whatever other reasonable steps as necessary to enable the Company to qualify as a Qualified Fund and to maintain that qualification; (ix) supervise the performance of such ministerial and administrative functions as may be necessary in connection with the daily operations of the Company; (ix) provide the Company with all necessary cash management services; (x) manage and coordinate with the Transfer Agent (if any) the process of making distributions and payments to Members; (xi) evaluate and obtain adequate insurance coverage based upon risk management determinations; (xii) provide timely updates related to the overall regulatory environment affecting the Company, as well as managing compliance with regulatory matters; (xiii) evaluate the corporate governance structure of the Company and appropriate policies and procedures related thereto; and (xiv) oversee all reporting, record keeping, internal controls and similar matters in a manner to allow the Company to comply with applicable law.Company;

Appears in 1 contract

Samples: Operating Agreement

Accounting and Other Administrative Services. The Manager shall: (i) manage and perform the various administrative functions necessary for the day-to-day operations of the Company; (ii) provide or arrange for administrative services, legal services, office space, office furnishings, personnel and other overhead items necessary and incidental to the Company’s business and operations; (iii) provide financial and operational planning services and portfolio management functions; (iv) maintain accounting data and any other information concerning the activities of the Company as shall be required to prepare and file all periodic financial reports and returns required to be filed with the Commission and any other regulatory agency, including annual financial statements; (v) maintain all appropriate books and records of the Company; (vi) oversee tax and compliance services and risk management services and coordinate with appropriate third parties, including independent accountants and other consultants, on related tax matters; (vii) make, change, and revoke such tax elections on behalf of the Company as the Manager deems appropriate, including, without limitation, (i) making an election be treated as a REIT or to revoke such status and (ii) making an election to be classified as an association taxable as a corporation for U.S. federal income tax purposes; (viii) supervise the performance of such ministerial and administrative functions as may be necessary in connection with the daily operations of the Company; (ix) provide the Company with all necessary cash management services; (x) at its election, open bank accounts the name of the Company, and the Manager shall be the sole signatory thereon, unless the Manager determines otherwise; (xi) manage and coordinate with the Transfer Agent (if any) for calculation of the process of making distributions and payments to MembersCompany’s NAV; (xixii) evaluate and obtain adequate insurance coverage based upon risk management determinations; (xiixiii) provide timely updates related to the overall regulatory environment affecting the Company, as well as managing compliance with regulatory matters; (xiiixiv) evaluate the corporate governance structure of the Company and appropriate policies and procedures related thereto; and; (xivxv) oversee all reporting, record keeping, internal controls and similar matters in a manner to allow the Company to comply with applicable law; and (xvi) to do and perform all other acts as may be necessary or appropriate to the conduct of the Company’s business, including without limitation establishing, setting aside and/or allocating Reserves.

Appears in 1 contract

Samples: Operating Agreement (Ys Re Raf I LLC)

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