Common use of Exclusivity of DCT LLC Clause in Contracts

Exclusivity of DCT LLC. Subject to DCT LLC’s obligation to offer TRT LLC the opportunity to invest in the Seed Assets and Future Assets, DCT LLC at its election, may rotate additional investment opportunities to TRT LLC and up to three (3) other institutional real estate acquisition funds. TRT LLC acknowledges that DCT and its Subsidiaries are engaged in the acquisitions and ownership financing and other participation in industrial/warehouse assets, and that DCT LLC shall act in good faith in providing investment opportunities to TRT LLC for investments meeting the Investment Criteria, but that DCT and its Subsidiaries may also undertake investment opportunities on their own account without offering them to TRT LLC hereunder.

Exclusivity of DCT LLC. Subject to DCT LLC’s 's obligation to offer TRT LLC the opportunity to invest in the Seed Assets and Future Assets, DCT LLC at its election, may rotate additional investment opportunities to TRT LLC and up to three (3) other institutional real estate acquisition funds. TRT LLC acknowledges that DCT and its Subsidiaries are engaged in the acquisitions and ownership financing and other participation in industrial/warehouse assets, and that DCT LLC shall act in good faith in providing investment opportunities to TRT LLC for investments meeting the Investment Criteria, but that DCT and its Subsidiaries may also undertake investment opportunities on their own account without offering them to TRT LLC hereunder.

Exclusivity of DCT LLC. Subject to DCT LLC’s obligation to offer TRT LLC the opportunity to invest in the Seed Assets and Future Assets, DCT LLC at its election, may rotate additional investment opportunities to TRT LLC and up to three (3) other institutional real estate acquisition funds. TRT LLC acknowledges that DCT and its Subsidiaries are engaged in the acquisitions and ownership financing and other participation in industrial/warehouse assets, and that DCT LLC shall act in good faith in providing investment opportunities to TRT LLC for investments meeting the Investment Criteria, but that DCT and its Subsidiaries may also undertake investment opportunities on their own account without offering them to TRT LLC hereunder.