Common use of Administration of Company Clause in Contracts

Administration of Company. So long as it is the Manager and the provisions of this Agreement for compensation and reimbursement of expenses of the Manager are observed, the Manager shall have the responsibility of providing continuing administrative and executive support, advice, consultation, analysis and supervision with respect to the functions of the Company and compliance with federal, state and local regulatory requirements and procedures. In this regard, the Manager may retain the services of such Affiliates or unaffiliated parties as the Manager may deem appropriate to provide management and financial consultation and advice, and may enter into agreements for the management and operation of Company assets.

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement (T Reit Inc)

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Administration of Company. So long as it is the Manager and the provisions of this Agreement for compensation and reimbursement of expenses of the Manager are observed, the Manager shall have the responsibility of providing continuing administrative and executive support, advice, consultation, analysis and supervision with respect to the functions management of the Company and compliance with federalCompany, state and local regulatory requirements and proceduresincluding decisions regarding the sale or refinancing or other disposition of Property. In this regard, the Manager may retain the services of such Affiliates or unaffiliated parties as the Manager may deem appropriate to provide management and financial consultation and advice, and may enter into agreements for the management and operation of Company assets.

Appears in 1 contract

Samples: Operating Agreement (Ridgewood Properties Inc)

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Administration of Company. So long as it is the Manager and the provisions of this Agreement for compensation and reimbursement of expenses of the Manager are observed, the Manager shall have the responsibility of providing continuing administrative and executive management support, advice, consultation, analysis and supervision with respect to including decisions regarding the functions sale or refinancing or other disposition of the Company and compliance with federal, state and local regulatory requirements and procedures. In this regard, the Manager may retain the services of such Affiliates or unaffiliated parties as the Manager may deem appropriate to provide management and financial consultation and advice, and may enter into agreements for the management and operation of Company assetsProperty.

Appears in 1 contract

Samples: Operating Agreement (Ridgewood Properties Inc)

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