Common use of Acquisition Services Clause in Contracts

Acquisition Services. The MANAGING MEMBER until the establishment of a BOARD OF DIRECTORS, and then the BOARD OF DIRECTORS, shall: 1. approve and oversee the COMPANY'S overall investment strategy, which will consist of elements such as investment selection criteria, diversification strategies and asset disposition strategies; 2. serve as the COMPANY'S investment and financial manager with respect to originating, investing in and managing a diversified portfolio of small commercial real estate investments and real estate-related assets; 3. adopt and periodically review the COMPANY’S investment guideleines; 4. structure the terms and conditions of the COMPANY'S acquisitions, sales and joint ventures; 5. enter into leases and service contracts for the properties and other investments; 6. approve and oversee the Company's debt financing strategies (if any); 7. approve joint ventures, limited partnerships and other such relationships with third parties; 8. approve any potential liquidity transaction; 9. obtain market research and economic and statistical data in connection with the COMPANY'S investments and investment objectives and policies; 10. oversee and conduct due diligence processes related to prospective investments; 11. prepare reports regarding prospective investments that include recommendations and supporting documentation necessary for the COMPANY’S investment committee to evaluate the proposed investments; and 12. negotiate and execute approved investments and other transactions.

Acquisition Services. The MANAGING MEMBER until the establishment of a BOARD OF DIRECTORS, and then the BOARD OF DIRECTORS, shall: 1. approve and oversee the COMPANY'S overall investment strategy, which will consist of elements such as investment selection criteria, diversification strategies and asset disposition strategies; 2. serve as the COMPANY'S investment and financial manager with respect to originating, investing in and managing a diversified portfolio of small commercial real estate investments and real estate-related assets; 3. adopt and periodically review the COMPANY’S investment guideleinesguidelines; 4. structure the terms and conditions of the COMPANY'S acquisitions, sales and joint ventures; 5. enter into leases and service contracts for the properties and other investments; 6. approve and oversee the Company's debt financing strategies (if any); 7. approve joint ventures, limited partnerships and other such relationships with third parties; 8. approve any potential liquidity transaction; 9. obtain market research and economic and statistical data in connection with the COMPANY'S investments and investment objectives and policies; 10. oversee and conduct due diligence processes related to prospective investments; 11. prepare reports regarding prospective investments that include recommendations and supporting documentation necessary for the COMPANY’S investment committee to evaluate the proposed investments; and 12. negotiate and execute approved investments and other transactions.