Duties of the Asset Manager. The Asset Manager is responsible for advising the Company with respect to managing, operating, directing and supervising the operations and administration of the Company and its assets, including any assets owned by subsidiaries of the Company. The Asset Manager shall have no obligation to take any action that would require the Asset Manager to register as an investment advisor pursuant to the Investment Advisers Act of 1940. Subject to the limitations set forth in this Agreement, including Section 4, and the continuing and exclusive authority of the Board over the management of the Company, the Asset Manager shall perform the following duties:
Appears in 5 contracts
Samples: Asset Management Agreement, Asset Management Agreement (Cottonwood Multifamily Opportunity Fund, Inc.), Management Agreement (Cottonwood Multifamily Development REIT I, Inc.)
