Appointment of Asset Manager; Acceptance of Appointment. The Series hereby appoints the Asset Manager as asset manager to the Series for the purpose of managing the #8S8XK Asset. The Asset Manager hereby accepts such appointment. Authority of the Asset Manager. Except as set forth in Section 2(e) below and any guidance as may be established from time to time by the Managing Member of the Series, the Asset Manager shall have sole authority and complete discretion over the care, custody, maintenance and management of the #8S8XK Asset and to take any action that it deems necessary or desirable in connection therewith. The Asset Manager shall devote such time to its duties under this Agreement as may be deemed reasonably necessary by the Asset Manager in light of the understanding that such duties are expected to be performed only at occasional or irregular intervals. The Asset Manager may delegate all or any of its duties under this Agreement to any Person who shall perform such delegated duties under the supervision of the Asset Manager on such terms as the Asset Manager shall determine. Notwithstanding any other provision of this Agreement to the contrary, the Asset Manager shall not have the authority to: acquire any asset or service for an amount equal to or greater than 1% of the value of the #8S8XK Asset as of such date, individually, or 3% of the value of the #8S8XK Asset as of such date, in the aggregate without the prior consent of the Managing Member of the Series; or sell, transfer, encumber or convey the #8S8XK Asset, provided, however, that the Asset Manager may deliver to the Managing Member of the Company any offers received by the Asset Manager to purchase the #8S8XK Asset and any research or analysis prepared by the Asset Manager regarding the potential sale of the #8S8XK Asset, including market analysis, survey results or information regarding any inquiries received and information regarding potential purchasers.
Appears in 1 contract
Samples: Asset Management Agreement (Ark7 Properties Advance LLC)
Appointment of Asset Manager; Acceptance of Appointment. The Series hereby appoints the Asset Manager as asset manager to the Series for the purpose of managing the #8S8XK HEEMV Asset. The Asset Manager hereby accepts such appointment. Authority of the Asset Manager. Except as set forth in Section 2(e) below and any guidance as may be established from time to time by the Managing Member of the Series, the Asset Manager shall have sole authority and complete discretion over the care, custody, maintenance and management of the #8S8XK HEEMV Asset and to take any action that it deems necessary or desirable in connection therewith. The Asset Manager shall devote such time to its duties under this Agreement as may be deemed reasonably necessary by the Asset Manager in light of the understanding that such duties are expected to be performed only at occasional or irregular intervals. The Asset Manager may delegate all or any of its duties under this Agreement to any Person who shall perform such delegated duties under the supervision of the Asset Manager on such terms as the Asset Manager shall determine. Notwithstanding any other provision of this Agreement to the contrary, the Asset Manager shall not have the authority to: acquire any asset or service for an amount equal to or greater than 1% of the value of the #8S8XK HEEMV Asset as of such date, individually, or 3% of the value of the #8S8XK HEEMV Asset as of such date, in the aggregate without the prior consent of the Managing Member of the Series; or sell, transfer, encumber or convey the #8S8XK HEEMV Asset, provided, however, that the Asset Manager may deliver to the Managing Member of the Company any offers received by the Asset Manager to purchase the #8S8XK HEEMV Asset and any research or analysis prepared by the Asset Manager regarding the potential sale of the #8S8XK HEEMV Asset, including market analysis, survey results or information regarding any inquiries received and information regarding potential purchasers.
Appears in 1 contract
Samples: Asset Management Agreement (Ark7 Properties Advance LLC)
Appointment of Asset Manager; Acceptance of Appointment. The Series hereby appoints the Asset Manager as asset manager to the Series for the purpose of managing the #8S8XK 6MWZZ Asset. The Asset Manager hereby accepts such appointment. Authority of the Asset Manager. Except as set forth in Section 2(e) below and any guidance as may be established from time to time by the Managing Member of the Series, the Asset Manager shall have sole authority and complete discretion over the care, custody, maintenance and management of the #8S8XK 6MWZZ Asset and to take any action that it deems necessary or desirable in connection therewith. The Asset Manager shall devote such time to its duties under this Agreement as may be deemed reasonably necessary by the Asset Manager in light of the understanding that such duties are expected to be performed only at occasional or irregular intervals. The Asset Manager may delegate all or any of its duties under this Agreement to any Person who shall perform such delegated duties under the supervision of the Asset Manager on such terms as the Asset Manager shall determine. Notwithstanding any other provision of this Agreement to the contrary, the Asset Manager shall not have the authority to: acquire any asset or service for an amount equal to or greater than 1% of the value of the #8S8XK 6MWZZ Asset as of such date, individually, or 3% of the value of the #8S8XK 6MWZZ Asset as of such date, in the aggregate without the prior consent of the Managing Member of the Series; or sell, transfer, encumber or convey the #8S8XK 6MWZZ Asset, provided, however, that the Asset Manager may deliver to the Managing Member of the Company any offers received by the Asset Manager to purchase the #8S8XK 6MWZZ Asset and any research or analysis prepared by the Asset Manager regarding the potential sale of the #8S8XK 6MWZZ Asset, including market analysis, survey results or information regarding any inquiries received and information regarding potential purchasers.
Appears in 1 contract
Samples: Asset Management Agreement (Ark7 Properties Advance LLC)
Appointment of Asset Manager; Acceptance of Appointment. The Series hereby appoints the Asset Manager as asset manager to the Series for the purpose of managing the #8S8XK OJXLW Asset. The Asset Manager hereby accepts such appointment. Authority of the Asset Manager. Except as set forth in Section 2(e) below and any guidance as may be established from time to time by the Managing Member of the Series, the Asset Manager shall have sole authority and complete discretion over the care, custody, maintenance and management of the #8S8XK OJXLW Asset and to take any action that it deems necessary or desirable in connection therewith. The Asset Manager shall devote such time to its duties under this Agreement as may be deemed reasonably necessary by the Asset Manager in light of the understanding that such duties are expected to be performed only at occasional or irregular intervals. The Asset Manager may delegate all or any of its duties under this Agreement to any Person who shall perform such delegated duties under the supervision of the Asset Manager on such terms as the Asset Manager shall determine. Notwithstanding any other provision of this Agreement to the contrary, the Asset Manager shall not have the authority to: acquire any asset or service for an amount equal to or greater than 1% of the value of the #8S8XK OJXLW Asset as of such date, individually, or 3% of the value of the #8S8XK OJXLW Asset as of such date, in the aggregate without the prior consent of the Managing Member of the Series; or sell, transfer, encumber or convey the #8S8XK OJXLW Asset, provided, however, that the Asset Manager may deliver to the Managing Member of the Company any offers received by the Asset Manager to purchase the #8S8XK OJXLW Asset and any research or analysis prepared by the Asset Manager regarding the potential sale of the #8S8XK OJXLW Asset, including market analysis, survey results or information regarding any inquiries received and information regarding potential purchasers.
Appears in 1 contract
Samples: Asset Management Agreement (Ark7 Properties Plus LLC)
Appointment of Asset Manager; Acceptance of Appointment. The Series hereby appoints the Asset Manager as asset manager to the Series for the purpose of managing the #8S8XK [Series Name] Asset. The Asset Manager hereby accepts such appointment. Authority of the Asset Manager. Except as set forth in Section 2(e) below and any guidance as may be established from time to time by the Managing Member of the Series, the Asset Manager shall have sole authority and complete discretion over the care, custody, maintenance and management of the #8S8XK [Series Name] Asset and to take any action that it deems necessary or desirable in connection therewith. The Asset Manager shall devote such time to its duties under this Agreement as may be deemed reasonably necessary by the Asset Manager in light of the understanding that such duties are expected to be performed only at occasional or irregular intervals. The Asset Manager may delegate all or any of its duties under this Agreement to any Person who shall perform such delegated duties under the supervision of the Asset Manager on such terms as the Asset Manager shall determine. Notwithstanding any other provision of this Agreement to the contrary, the Asset Manager shall not have the authority to: acquire any asset or service for an amount equal to or greater than 1% of the value of the #8S8XK [Series Name] Asset as of such date, individually, or 3% of the value of the #8S8XK [Series Name] Asset as of such date, in the aggregate without the prior consent of the Managing Member of the Series; or sell, transfer, encumber or convey the #8S8XK [Series Name] Asset, provided, however, that the Asset Manager may deliver to the Managing Member of the Company any offers received by the Asset Manager to purchase the #8S8XK [Series Name] Asset and any research or analysis prepared by the Asset Manager regarding the potential sale of the #8S8XK [Series Name] Asset, including market analysis, survey results or information regarding any inquiries received and information regarding potential purchasers.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Ark7 Properties Advance LLC)
Appointment of Asset Manager; Acceptance of Appointment. The Series hereby appoints the Asset Manager as asset manager to the Series for the purpose of managing the #8S8XK ZAUH4 Asset. The Asset Manager hereby accepts such appointment. Authority of the Asset Manager. Except as set forth in Section 2(e) below and any guidance as may be established from time to time by the Managing Member of the Series, the Asset Manager shall have sole authority and complete discretion over the care, custody, maintenance and management of the #8S8XK ZAUH4 Asset and to take any action that it deems necessary or desirable in connection therewith. The Asset Manager shall devote such time to its duties under this Agreement as may be deemed reasonably necessary by the Asset Manager in light of the understanding that such duties are expected to be performed only at occasional or irregular intervals. The Asset Manager may delegate all or any of its duties under this Agreement to any Person who shall perform such delegated duties under the supervision of the Asset Manager on such terms as the Asset Manager shall determine. Notwithstanding any other provision of this Agreement to the contrary, the Asset Manager shall not have the authority to: acquire any asset or service for an amount equal to or greater than 1% of the value of the #8S8XK ZAUH4 Asset as of such date, individually, or 3% of the value of the #8S8XK ZAUH4 Asset as of such date, in the aggregate without the prior consent of the Managing Member of the Series; or sell, transfer, encumber or convey the #8S8XK ZAUH4 Asset, provided, however, that the Asset Manager may deliver to the Managing Member of the Company any offers received by the Asset Manager to purchase the #8S8XK ZAUH4 Asset and any research or analysis prepared by the Asset Manager regarding the potential sale of the #8S8XK ZAUH4 Asset, including market analysis, survey results or information regarding any inquiries received and information regarding potential purchasers.
Appears in 1 contract
Samples: Asset Management Agreement (Ark7 Properties Plus LLC)
Appointment of Asset Manager; Acceptance of Appointment. The Series hereby appoints the Asset Manager as asset manager to the Series for the purpose of managing the #8S8XK AssetXXXXX Xxxxx. The Asset Manager hereby accepts such appointment. Authority of the Asset Manager. Except as set forth in Section 2(e) below and any guidance as may be established from time to time by the Managing Member of the Series, the Asset Manager shall have sole authority and complete discretion over the care, custody, maintenance and management of the #8S8XK DJGLA Asset and to take any action that it deems necessary or desirable in connection therewith. The Asset Manager shall devote such time to its duties under this Agreement as may be deemed reasonably necessary by the Asset Manager in light of the understanding that such duties are expected to be performed only at occasional or irregular intervals. The Asset Manager may delegate all or any of its duties under this Agreement to any Person who shall perform such delegated duties under the supervision of the Asset Manager on such terms as the Asset Manager shall determine. Notwithstanding any other provision of this Agreement to the contrary, the Asset Manager shall not have the authority to: acquire any asset or service for an amount equal to or greater than 1% of the value of the #8S8XK DJGLA Asset as of such date, individually, or 3% of the value of the #8S8XK DJGLA Asset as of such date, in the aggregate without the prior consent of the Managing Member of the Series; or sell, transfer, encumber or convey the #8S8XK DJGLA Asset, provided, however, that the Asset Manager may deliver to the Managing Member of the Company any offers received by the Asset Manager to purchase the #8S8XK DJGLA Asset and any research or analysis prepared by the Asset Manager regarding the potential sale of the #8S8XK DJGLA Asset, including market analysis, survey results or information regarding any inquiries received and information regarding potential purchasers.
Appears in 1 contract
Samples: Asset Management Agreement (Ark7 Properties Advance LLC)
Appointment of Asset Manager; Acceptance of Appointment. The Series hereby appoints the Asset Manager as asset manager to the Series for the purpose of managing the #8S8XK ICBTL Asset. The Asset Manager hereby accepts such appointment. Authority of the Asset Manager. Except as set forth in Section 2(e) below and any guidance as may be established from time to time by the Managing Member of the Series, the Asset Manager shall have sole authority and complete discretion over the care, custody, maintenance and management of the #8S8XK ICBTL Asset and to take any action that it deems necessary or desirable in connection therewith. The Asset Manager shall devote such time to its duties under this Agreement as may be deemed reasonably necessary by the Asset Manager in light of the understanding that such duties are expected to be performed only at occasional or irregular intervals. The Asset Manager may delegate all or any of its duties under this Agreement to any Person who shall perform such delegated duties under the supervision of the Asset Manager on such terms as the Asset Manager shall determine. Notwithstanding any other provision of this Agreement to the contrary, the Asset Manager shall not have the authority to: acquire any asset or service for an amount equal to or greater than 1% of the value of the #8S8XK ICBTL Asset as of such date, individually, or 3% of the value of the #8S8XK ICBTL Asset as of such date, in the aggregate without the prior consent of the Managing Member of the Series; or sell, transfer, encumber or convey the #8S8XK ICBTL Asset, provided, however, that the Asset Manager may deliver to the Managing Member of the Company any offers received by the Asset Manager to purchase the #8S8XK ICBTL Asset and any research or analysis prepared by the Asset Manager regarding the potential sale of the #8S8XK ICBTL Asset, including market analysis, survey results or information regarding any inquiries received and information regarding potential purchasers.
Appears in 1 contract
Samples: Asset Management Agreement (Ark7 Properties Advance LLC)
Appointment of Asset Manager; Acceptance of Appointment. The Series hereby appoints the Asset Manager as asset manager to the Series for the purpose of managing the #8S8XK LOZV7 Asset. The Asset Manager hereby accepts such appointment. Authority of the Asset Manager. Except as set forth in Section 2(e) below and any guidance as may be established from time to time by the Managing Member of the Series, the Asset Manager shall have sole authority and complete discretion over the care, custody, maintenance and management of the #8S8XK LOZV7 Asset and to take any action that it deems necessary or desirable in connection therewith. The Asset Manager shall devote such time to its duties under this Agreement as may be deemed reasonably necessary by the Asset Manager in light of the understanding that such duties are expected to be performed only at occasional or irregular intervals. The Asset Manager may delegate all or any of its duties under this Agreement to any Person who shall perform such delegated duties under the supervision of the Asset Manager on such terms as the Asset Manager shall determine. Notwithstanding any other provision of this Agreement to the contrary, the Asset Manager shall not have the authority to: acquire any asset or service for an amount equal to or greater than 1% of the value of the #8S8XK LOZV7 Asset as of such date, individually, or 3% of the value of the #8S8XK LOZV7 Asset as of such date, in the aggregate without the prior consent of the Managing Member of the Series; or sell, transfer, encumber or convey the #8S8XK LOZV7 Asset, provided, however, that the Asset Manager may deliver to the Managing Member of the Company any offers received by the Asset Manager to purchase the #8S8XK LOZV7 Asset and any research or analysis prepared by the Asset Manager regarding the potential sale of the #8S8XK LOZV7 Asset, including market analysis, survey results or information regarding any inquiries received and information regarding potential purchasers.
Appears in 1 contract
Samples: Asset Management Agreement (Ark7 Properties Advance LLC)
Appointment of Asset Manager; Acceptance of Appointment. The Series hereby appoints the Asset Manager as asset manager to the Series for the purpose of managing the #8S8XK DIVTU Asset. The Asset Manager hereby accepts such appointment. Authority of the Asset Manager. Except as set forth in Section 2(e) below and any guidance as may be established from time to time by the Managing Member of the Series, the Asset Manager shall have sole authority and complete discretion over the care, custody, maintenance and management of the #8S8XK DIVTU Asset and to take any action that it deems necessary or desirable in connection therewith. The Asset Manager shall devote such time to its duties under this Agreement as may be deemed reasonably necessary by the Asset Manager in light of the understanding that such duties are expected to be performed only at occasional or irregular intervals. The Asset Manager may delegate all or any of its duties under this Agreement to any Person who shall perform such delegated duties under the supervision of the Asset Manager on such terms as the Asset Manager shall determine. Notwithstanding any other provision of this Agreement to the contrary, the Asset Manager shall not have the authority to: acquire any asset or service for an amount equal to or greater than 1% of the value of the #8S8XK DIVTU Asset as of such date, individually, or 3% of the value of the #8S8XK DIVTU Asset as of such date, in the aggregate without the prior consent of the Managing Member of the Series; or sell, transfer, encumber or convey the #8S8XK DIVTU Asset, provided, however, that the Asset Manager may deliver to the Managing Member of the Company any offers received by the Asset Manager to purchase the #8S8XK DIVTU Asset and any research or analysis prepared by the Asset Manager regarding the potential sale of the #8S8XK DIVTU Asset, including market analysis, survey results or information regarding any inquiries received and information regarding potential purchasers.
Appears in 1 contract
Samples: Asset Management Agreement (Ark7 Properties Plus LLC)
Appointment of Asset Manager; Acceptance of Appointment. The Series hereby appoints the Asset Manager as asset manager to the Series for the purpose of managing the #8S8XK RPFUV Asset. The Asset Manager hereby accepts such appointment. Authority of the Asset Manager. Except as set forth in Section 2(e) below and any guidance as may be established from time to time by the Managing Member of the Series, the Asset Manager shall have sole authority and complete discretion over the care, custody, maintenance and management of the #8S8XK RPFUV Asset and to take any action that it deems necessary or desirable in connection therewith. The Asset Manager shall devote such time to its duties under this Agreement as may be deemed reasonably necessary by the Asset Manager in light of the understanding that such duties are expected to be performed only at occasional or irregular intervals. The Asset Manager may delegate all or any of its duties under this Agreement to any Person who shall perform such delegated duties under the supervision of the Asset Manager on such terms as the Asset Manager shall determine. Notwithstanding any other provision of this Agreement to the contrary, the Asset Manager shall not have the authority to: acquire any asset or service for an amount equal to or greater than 1% of the value of the #8S8XK RPFUV Asset as of such date, individually, or 3% of the value of the #8S8XK RPFUV Asset as of such date, in the aggregate without the prior consent of the Managing Member of the Series; or sell, transfer, encumber or convey the #8S8XK RPFUV Asset, provided, however, that the Asset Manager may deliver to the Managing Member of the Company any offers received by the Asset Manager to purchase the #8S8XK RPFUV Asset and any research or analysis prepared by the Asset Manager regarding the potential sale of the #8S8XK RPFUV Asset, including market analysis, survey results or information regarding any inquiries received and information regarding potential purchasers.
Appears in 1 contract
Samples: Asset Management Agreement (Ark7 Properties Plus LLC)
Appointment of Asset Manager; Acceptance of Appointment. The Series hereby appoints the Asset Manager as asset manager to the Series for the purpose of managing the #8S8XK IDUG0 Asset. The Asset Manager hereby accepts such appointment. Authority of the Asset Manager. Except as set forth in Section 2(e) below and any guidance as may be established from time to time by the Managing Member of the Series, the Asset Manager shall have sole authority and complete discretion over the care, custody, maintenance and management of the #8S8XK IDUG0 Asset and to take any action that it deems necessary or desirable in connection therewith. The Asset Manager shall devote such time to its duties under this Agreement as may be deemed reasonably necessary by the Asset Manager in light of the understanding that such duties are expected to be performed only at occasional or irregular intervals. The Asset Manager may delegate all or any of its duties under this Agreement to any Person who shall perform such delegated duties under the supervision of the Asset Manager on such terms as the Asset Manager shall determine. Notwithstanding any other provision of this Agreement to the contrary, the Asset Manager shall not have the authority to: acquire any asset or service for an amount equal to or greater than 1% of the value of the #8S8XK IDUG0 Asset as of such date, individually, or 3% of the value of the #8S8XK IDUG0 Asset as of such date, in the aggregate without the prior consent of the Managing Member of the Series; or sell, transfer, encumber or convey the #8S8XK IDUG0 Asset, provided, however, that the Asset Manager may deliver to the Managing Member of the Company any offers received by the Asset Manager to purchase the #8S8XK IDUG0 Asset and any research or analysis prepared by the Asset Manager regarding the potential sale of the #8S8XK IDUG0 Asset, including market analysis, survey results or information regarding any inquiries received and information regarding potential purchasers.
Appears in 1 contract
Samples: Asset Management Agreement (Ark7 Properties Advance LLC)
Appointment of Asset Manager; Acceptance of Appointment. The Series hereby appoints the Asset Manager as asset manager to the Series for the purpose of managing the #8S8XK AssetXXXXX Xxxxx. The Asset Manager hereby accepts such appointment. Authority of the Asset Manager. Except as set forth in Section 2(e) below and any guidance as may be established from time to time by the Managing Member of the Series, the Asset Manager shall have sole authority and complete discretion over the care, custody, maintenance and management of the #8S8XK ESMYO Asset and to take any action that it deems necessary or desirable in connection therewith. The Asset Manager shall devote such time to its duties under this Agreement as may be deemed reasonably necessary by the Asset Manager in light of the understanding that such duties are expected to be performed only at occasional or irregular intervals. The Asset Manager may delegate all or any of its duties under this Agreement to any Person who shall perform such delegated duties under the supervision of the Asset Manager on such terms as the Asset Manager shall determine. Notwithstanding any other provision of this Agreement to the contrary, the Asset Manager shall not have the authority to: acquire any asset or service for an amount equal to or greater than 1% of the value of the #8S8XK ESMYO Asset as of such date, individually, or 3% of the value of the #8S8XK ESMYO Asset as of such date, in the aggregate without the prior consent of the Managing Member of the Series; or sell, transfer, encumber or convey the #8S8XK ESMYO Asset, provided, however, that the Asset Manager may deliver to the Managing Member of the Company any offers received by the Asset Manager to purchase the #8S8XK ESMYO Asset and any research or analysis prepared by the Asset Manager regarding the potential sale of the #8S8XK ESMYO Asset, including market analysis, survey results or information regarding any inquiries received and information regarding potential purchasers.
Appears in 1 contract
Samples: Asset Management Agreement (Ark7 Properties Advance LLC)
Appointment of Asset Manager; Acceptance of Appointment. The Series hereby appoints the Asset Manager as asset manager to the Series for the purpose of managing the #8S8XK ORHOF Asset. The Asset Manager hereby accepts such appointment. Authority of the Asset Manager. Except as set forth in Section 2(e) below and any guidance as may be established from time to time by the Managing Member of the Series, the Asset Manager shall have sole authority and complete discretion over the care, custody, maintenance and management of the #8S8XK ORHOF Asset and to take any action that it deems necessary or desirable in connection therewith. The Asset Manager shall devote such time to its duties under this Agreement as may be deemed reasonably necessary by the Asset Manager in light of the understanding that such duties are expected to be performed only at occasional or irregular intervals. The Asset Manager may delegate all or any of its duties under this Agreement to any Person who shall perform such delegated duties under the supervision of the Asset Manager on such terms as the Asset Manager shall determine. Notwithstanding any other provision of this Agreement to the contrary, the Asset Manager shall not have the authority to: acquire any asset or service for an amount equal to or greater than 1% of the value of the #8S8XK ORHOF Asset as of such date, individually, or 3% of the value of the #8S8XK ORHOF Asset as of such date, in the aggregate without the prior consent of the Managing Member of the Series; or sell, transfer, encumber or convey the #8S8XK ORHOF Asset, provided, however, that the Asset Manager may deliver to the Managing Member of the Company any offers received by the Asset Manager to purchase the #8S8XK ORHOF Asset and any research or analysis prepared by the Asset Manager regarding the potential sale of the #8S8XK ORHOF Asset, including market analysis, survey results or information regarding any inquiries received and information regarding potential purchasers.
Appears in 1 contract
Samples: Asset Management Agreement (Ark7 Properties Plus LLC)
Appointment of Asset Manager; Acceptance of Appointment. The Series hereby appoints the Asset Manager as asset manager to the Series for the purpose of managing the #8S8XK NHMOP Asset. The Asset Manager hereby accepts such appointment. Authority of the Asset Manager. Except as set forth in Section 2(e) below and any guidance as may be established from time to time by the Managing Member of the Series, the Asset Manager shall have sole authority and complete discretion over the care, custody, maintenance and management of the #8S8XK NHMOP Asset and to take any action that it deems necessary or desirable in connection therewith. The Asset Manager shall devote such time to its duties under this Agreement as may be deemed reasonably necessary by the Asset Manager in light of the understanding that such duties are expected to be performed only at occasional or irregular intervals. The Asset Manager may delegate all or any of its duties under this Agreement to any Person who shall perform such delegated duties under the supervision of the Asset Manager on such terms as the Asset Manager shall determine. Notwithstanding any other provision of this Agreement to the contrary, the Asset Manager shall not have the authority to: acquire any asset or service for an amount equal to or greater than 1% of the value of the #8S8XK NHMOP Asset as of such date, individually, or 3% of the value of the #8S8XK NHMOP Asset as of such date, in the aggregate without the prior consent of the Managing Member of the Series; or sell, transfer, encumber or convey the #8S8XK NHMOP Asset, provided, however, that the Asset Manager may deliver to the Managing Member of the Company any offers received by the Asset Manager to purchase the #8S8XK NHMOP Asset and any research or analysis prepared by the Asset Manager regarding the potential sale of the #8S8XK NHMOP Asset, including market analysis, survey results or information regarding any inquiries received and information regarding potential purchasers.
Appears in 1 contract
Samples: Asset Management Agreement (Ark7 Properties Plus LLC)
Appointment of Asset Manager; Acceptance of Appointment. The Series hereby appoints the Asset Manager as asset manager to the Series for the purpose of managing the #8S8XK XXXXX Asset. The Asset Manager hereby accepts such appointment. Authority of the Asset Manager. Except as set forth in Section 2(e) below and any guidance as may be established from time to time by the Managing Member of the Series, the Asset Manager shall have sole authority and complete discretion over the care, custody, maintenance and management of the #8S8XK XXXXX Asset and to take any action that it deems necessary or desirable in connection therewith. The Asset Manager shall devote such time to its duties under this Agreement as may be deemed reasonably necessary by the Asset Manager in light of the understanding that such duties are expected to be performed only at occasional or irregular intervals. The Asset Manager may delegate all or any of its duties under this Agreement to any Person who shall perform such delegated duties under the supervision of the Asset Manager on such terms as the Asset Manager shall determine. Notwithstanding any other provision of this Agreement to the contrary, the Asset Manager shall not have the authority to: acquire any asset or service for an amount equal to or greater than 1% of the value of the #8S8XK XXXXX Asset as of such date, individually, or 3% of the value of the #8S8XK XXXXX Asset as of such date, in the aggregate without the prior consent of the Managing Member of the Series; or sell, transfer, encumber or convey the #8S8XK XXXXX Asset, provided, however, that the Asset Manager may deliver to the Managing Member of the Company any offers received by the Asset Manager to purchase the #8S8XK XXXXX Asset and any research or analysis prepared by the Asset Manager regarding the potential sale of the #8S8XK XXXXX Asset, including market analysis, survey results or information regarding any inquiries received and information regarding potential purchasers.
Appears in 1 contract
Samples: Asset Management Agreement (Ark7 Properties Advance LLC)
Appointment of Asset Manager; Acceptance of Appointment. The Series hereby appoints the Asset Manager as asset manager to the Series for the purpose of managing the #8S8XK TPVS2 Asset. The Asset Manager hereby accepts such appointment. Authority of the Asset Manager. Except as set forth in Section 2(e) below and any guidance as may be established from time to time by the Managing Member of the Series, the Asset Manager shall have sole authority and complete discretion over the care, custody, maintenance and management of the #8S8XK TPVS2 Asset and to take any action that it deems necessary or desirable in connection therewith. The Asset Manager shall devote such time to its duties under this Agreement as may be deemed reasonably necessary by the Asset Manager in light of the understanding that such duties are expected to be performed only at occasional or irregular intervals. The Asset Manager may delegate all or any of its duties under this Agreement to any Person who shall perform such delegated duties under the supervision of the Asset Manager on such terms as the Asset Manager shall determine. Notwithstanding any other provision of this Agreement to the contrary, the Asset Manager shall not have the authority to: acquire any asset or service for an amount equal to or greater than 1% of the value of the #8S8XK TPVS2 Asset as of such date, individually, or 3% of the value of the #8S8XK TPVS2 Asset as of such date, in the aggregate without the prior consent of the Managing Member of the Series; or sell, transfer, encumber or convey the #8S8XK TPVS2 Asset, provided, however, that the Asset Manager may deliver to the Managing Member of the Company any offers received by the Asset Manager to purchase the #8S8XK TPVS2 Asset and any research or analysis prepared by the Asset Manager regarding the potential sale of the #8S8XK TPVS2 Asset, including market analysis, survey results or information regarding any inquiries received and information regarding potential purchasers.
Appears in 1 contract
Samples: Asset Management Agreement (Ark7 Properties Advance LLC)
Appointment of Asset Manager; Acceptance of Appointment. The Series hereby appoints the Asset Manager as asset manager to the Series for the purpose of managing the #8S8XK 5VCTK Asset. The Asset Manager hereby accepts such appointment. Authority of the Asset Manager. Except as set forth in Section 2(e) below and any guidance as may be established from time to time by the Managing Member of the Series, the Asset Manager shall have sole authority and complete discretion over the care, custody, maintenance and management of the #8S8XK 5VCTK Asset and to take any action that it deems necessary or desirable in connection therewith. The Asset Manager shall devote such time to its duties under this Agreement as may be deemed reasonably necessary by the Asset Manager in light of the understanding that such duties are expected to be performed only at occasional or irregular intervals. The Asset Manager may delegate all or any of its duties under this Agreement to any Person who shall perform such delegated duties under the supervision of the Asset Manager on such terms as the Asset Manager shall determine. Notwithstanding any other provision of this Agreement to the contrary, the Asset Manager shall not have the authority to: acquire any asset or service for an amount equal to or greater than 1% of the value of the #8S8XK 5VCTK Asset as of such date, individually, or 3% of the value of the #8S8XK 5VCTK Asset as of such date, in the aggregate without the prior consent of the Managing Member of the Series; or sell, transfer, encumber or convey the #8S8XK 5VCTK Asset, provided, however, that the Asset Manager may deliver to the Managing Member of the Company any offers received by the Asset Manager to purchase the #8S8XK 5VCTK Asset and any research or analysis prepared by the Asset Manager regarding the potential sale of the #8S8XK 5VCTK Asset, including market analysis, survey results or information regarding any inquiries received and information regarding potential purchasers.
Appears in 1 contract
Samples: Asset Management Agreement (Ark7 Properties Plus LLC)
Appointment of Asset Manager; Acceptance of Appointment. The Series hereby appoints the Asset Manager as asset manager to the Series for the purpose of managing the #8S8XK EYPIR Asset. The Asset Manager hereby accepts such appointment. Authority of the Asset Manager. Except as set forth in Section 2(e) below and any guidance as may be established from time to time by the Managing Member of the Series, the Asset Manager shall have sole authority and complete discretion over the care, custody, maintenance and management of the #8S8XK EYPIR Asset and to take any action that it deems necessary or desirable in connection therewith. The Asset Manager shall devote such time to its duties under this Agreement as may be deemed reasonably necessary by the Asset Manager in light of the understanding that such duties are expected to be performed only at occasional or irregular intervals. The Asset Manager may delegate all or any of its duties under this Agreement to any Person who shall perform such delegated duties under the supervision of the Asset Manager on such terms as the Asset Manager shall determine. Notwithstanding any other provision of this Agreement to the contrary, the Asset Manager shall not have the authority to: acquire any asset or service for an amount equal to or greater than 1% of the value of the #8S8XK EYPIR Asset as of such date, individually, or 3% of the value of the #8S8XK EYPIR Asset as of such date, in the aggregate without the prior consent of the Managing Member of the Series; or sell, transfer, encumber or convey the #8S8XK EYPIR Asset, provided, however, that the Asset Manager may deliver to the Managing Member of the Company any offers received by the Asset Manager to purchase the #8S8XK EYPIR Asset and any research or analysis prepared by the Asset Manager regarding the potential sale of the #8S8XK EYPIR Asset, including market analysis, survey results or information regarding any inquiries received and information regarding potential purchasers.
Appears in 1 contract
Samples: Asset Management Agreement (Ark7 Properties Plus LLC)
Appointment of Asset Manager; Acceptance of Appointment. The Series hereby appoints the Asset Manager as asset manager to the Series for the purpose of managing the #8S8XK ET8BV Asset. The Asset Manager hereby accepts such appointment. Authority of the Asset Manager. Except as set forth in Section 2(e) below and any guidance as may be established from time to time by the Managing Member of the Series, the Asset Manager shall have sole authority and complete discretion over the care, custody, maintenance and management of the #8S8XK ET8BV Asset and to take any action that it deems necessary or desirable in connection therewith. The Asset Manager shall devote such time to its duties under this Agreement as may be deemed reasonably necessary by the Asset Manager in light of the understanding that such duties are expected to be performed only at occasional or irregular intervals. The Asset Manager may delegate all or any of its duties under this Agreement to any Person who shall perform such delegated duties under the supervision of the Asset Manager on such terms as the Asset Manager shall determine. Notwithstanding any other provision of this Agreement to the contrary, the Asset Manager shall not have the authority to: acquire any asset or service for an amount equal to or greater than 1% of the value of the #8S8XK ET8BV Asset as of such date, individually, or 3% of the value of the #8S8XK ET8BV Asset as of such date, in the aggregate without the prior consent of the Managing Member of the Series; or sell, transfer, encumber or convey the #8S8XK ET8BV Asset, provided, however, that the Asset Manager may deliver to the Managing Member of the Company any offers received by the Asset Manager to purchase the #8S8XK ET8BV Asset and any research or analysis prepared by the Asset Manager regarding the potential sale of the #8S8XK ET8BV Asset, including market analysis, survey results or information regarding any inquiries received and information regarding potential purchasers.
Appears in 1 contract
Samples: Asset Management Agreement (Ark7 Properties Plus LLC)