Authority of the Sub-Manager. The Sub-Manager is not authorized to advise or bind the REIT or to enter into any agreements relative to the REIT, and, with respect to the Manager, is to act only as an advisor to the Manager, upon reasonable request. The Sub-Manager shall have no obligation or authority under the Management Agreement.
Appears in 7 contracts
Samples: Sub Management Agreement (Javelin Mortgage Investment Corp.), Sub Management Agreement (Armour Residential REIT, Inc.), Sub Management Agreement (Javelin Mortgage Investment Corp.)
Authority of the Sub-Manager. The Sub-Manager is not authorized to advise or bind the REIT or to enter into any agreements relative to the REIT, and, with respect to the Manager, is to act only as an advisor to the Manager, upon reasonable request. The Sub-Manager shall have no obligation or authority under the Management Agreement. 5.
Appears in 2 contracts
Authority of the Sub-Manager. The Sub-Manager is not authorized to advise or bind the REIT Company or to enter into any agreements relative to the REITCompany, and, with respect to the Manager, is to act only as an advisor to the Manager, upon reasonable request. The Sub-Manager shall have no obligation or authority under the Management Agreement.
Appears in 2 contracts
Samples: Sub Management Agreement (Two Harbors Investment Corp.), Sub Management Agreement (Capitol Acquisition Corp)
