Common use of Additional Agency Clause in Contracts

Additional Agency. The Issuer hereby retains and appoints CCM to act as an agent duly authorized to act on its behalf for purposes of negotiation and execution on behalf of the Issuer of any and all agreements ancillary to or required for completion of the services set forth in Exhibit A attached hereto, as amended from time to time (collectively, the “Services”) in addition to the TASA Agreement, the DST Agreement and the NSCC Agreement (the TASA Agreement, the DST Agreement, the NSCC Agreement, and these ancillary agreements, if any, collectively referred to as the “Service Agreements”). CCM’s signature on any Service Agreement shall be fully binding upon the Issuer. Each act or omission of CCM under or pursuant to the Service Agreements is hereby adopted by the Issuer as authorized and shall be binding on the Issuer as if it had acted or omitted to act.

Appears in 4 contracts

Samples: Service Agreement (CNL Healthcare Properties II, Inc.), Form of Service Agreement (CNL Healthcare Properties II, Inc.), Service Agreement (Global Income Trust, Inc.)

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Additional Agency. The Issuer hereby retains and appoints CCM to act as an agent duly authorized to act on its behalf for purposes of negotiation and execution on behalf of the Issuer of any and all agreements ancillary to or required for completion of the services set forth in Exhibit A attached hereto, as amended from time to time (collectively, the “Services”) in addition to the TASA Agreement, the DST Agreement and the NSCC DST Agreement (the TASA Agreement, the DST Agreement, the NSCC Agreement, Agreement and these ancillary agreements, if any, collectively referred to as the “Service Agreements”). CCM’s signature on any Service Agreement shall be fully binding upon the Issuer. Each act or omission of CCM under or pursuant to the Service Agreements is hereby adopted by the Issuer as authorized and shall be binding on the Issuer as if it had acted or omitted to act.

Appears in 2 contracts

Samples: Service Agreement (CNL Properties Trust, Inc.), Form of Service Agreement (CNL Properties Trust, Inc.)

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