Common use of Financial and Administrative Services Clause in Contracts

Financial and Administrative Services. The Advisor shall: (1) manage, and perform and supervise the various administrative functions reasonably necessary for the management of the day-to-day operations of the Company; (2) review, analyze and comment upon the operating budgets, capital budgets and leasing plans prepared and submitted by each Property Manager and leasing agent and aggregate these property budgets into the Company’s overall budget and financial reports; (3) review and analyze on-going financial information pertaining to each Property and the overall portfolio of Properties; (4) to the extent not set forth herein, provide for or arrange for any administrative services and items, legal and other services, office space, furnishings, equipment, personnel, and other overhead items necessary and incidental to the Company’s business and operations; (5) provide the Company with all necessary cash management services, including maintaining debt service obligations; (6) perform all reporting, record keeping, internal controls and similar matters in a manner to allow the Company to comply with applicable law including the Xxxxxxxx-Xxxxx Act; (7) from time to time, or at any time reasonably requested by the Board, provide information or make reports to the Board related to its performance of services to the Company under this Agreement; (8) coordinate with the Company’s independent accountants and auditors the preparation and delivery to the Board of Directors of a report not less than annually concerning the Advisor’s compliance with certain material aspects of this Agreement and as otherwise requested by the Board of Directors; (9) provide the officers and Directors with timely updates related to the overall regulatory environment affecting the Company, as well as managing compliance with such matters, including but not limited to compliance with the Xxxxxxxx-Xxxxx Act of 2002; (10) consult with the Board of Directors relating to the corporate governance structure and appropriate policies and procedures related thereto; (11) provide or arrange for tax and compliance services and coordinate with third parties on related tax matters, in particular the Company’s compliance with the REIT provisions of the Code; (12) supervise the preparation on behalf of the Company of all reports and returns required by the Securities and Exchange Commission, Internal Revenue Service and other state or federal governmental agencies; (13) maintain and preserve the books and records of the Company and maintaining the accounting and other record-keeping functions at the Property and Company levels; (14) investigate, select, and, on behalf of the Company, engage and conduct business with such Persons as the Advisor deems necessary to the proper performance of its obligations hereunder, including but not limited to consultants, accountants, lenders, technical advisors, attorneys, brokers, underwriters, corporate fiduciaries, escrow agents, depositaries, custodians, agents for collection, insurers, insurance agents, banks, builders, developers, construction companies, property owners, mortgagors, and any and all agents for any of the foregoing, including Affiliates of the Advisor, and Persons acting in any other capacity deemed by the Advisor necessary or desirable for the performance of any of the foregoing services, including but not limited to entering into contracts in the name of the Company with any of the foregoing; (15) do all things necessary to assure its ability to render the services described in this Agreement; and

Financial and Administrative Services. The Advisor shall: (1) manage, and perform and supervise the various administrative functions reasonably necessary for the management of the day-to-day operations of the Company; (2) review, analyze and comment upon the operating budgets, capital budgets and leasing plans prepared and submitted by each Property Manager and leasing agent and aggregate these property budgets into the Company’s overall budget and financial reports; (3) review and analyze on-going financial information pertaining to each Property and the overall portfolio of Properties; (4) to the extent not set forth herein, provide for or arrange for any administrative services and items, legal and other services, office space, furnishings, equipment, personnel, and other overhead items necessary and incidental to the Company’s business and operations; (5) provide the Company with all necessary cash management services, including maintaining debt service obligations; (6) perform all reporting, record keeping, internal controls and similar matters in a manner to allow the Company to comply with applicable law including the Xxxxxxxx-Xxxxx Act; (7) from time to time, or at any time reasonably requested by the Board, provide information or make reports to the Board related to its performance of services to the Company under this Agreement; (8) coordinate with the Company’s independent accountants and auditors the preparation and delivery to the Board of Directors of a report not less than annually concerning the Advisor’s compliance with certain material aspects of this Agreement and as otherwise requested by the Board of Directors; (9) provide the officers and Directors with timely updates related to the overall regulatory environment affecting the Company, as well as managing compliance with such matters, including but not limited to compliance with the Xxxxxxxx-Xxxxx Act of 2002; (10) consult with the Board of Directors relating to the corporate governance structure and appropriate policies and procedures related thereto; (11) provide or arrange for tax and compliance services and coordinate with third parties on related tax matters, in particular the Company’s compliance with the REIT provisions of the Code; (12) supervise the preparation on behalf of the Company of all reports and returns required by the Securities and Exchange Commission, Internal Revenue Service and other state or federal governmental agencies; (13) maintain and preserve the books and records of the Company and maintaining the accounting and other record-keeping functions at the Property and Company levels; (14) investigate, select, and, on behalf of the Company, engage and conduct business with such Persons as the Advisor deems necessary to the proper performance of its obligations hereunder, including but not limited to consultants, accountants, lenders, technical advisors, attorneys, brokers, underwriters, corporate fiduciaries, escrow agents, depositaries, custodians, agents for collection, insurers, insurance agents, banks, builders, developers, construction companies, property owners, mortgagors, and any and all agents for any of the foregoing, including Affiliates of the Advisor, and Persons acting in any other capacity deemed by the Advisor necessary or desirable for the performance of any of the foregoing services, including but not limited to entering into contracts in the name of the Company with any of the foregoing;; and (15) do all things necessary to assure its ability to render the services described in this Agreement; and.

Financial and Administrative Services. The Advisor shall: (1) manage, and perform and supervise the various administrative functions reasonably necessary for the management of the day-to-day operations of the Company; (2) review, analyze and comment upon the operating budgets, capital budgets and leasing plans prepared and submitted by each Property Manager and leasing agent and aggregate these property budgets into the Company’s overall budget and financial reports; (3) review and analyze on-going financial information pertaining to each Property and the overall portfolio of Properties; (4) to the extent not set forth herein, provide for or arrange for any administrative services and items, legal and other services, office space, furnishings, equipment, personnel, and other overhead items necessary and incidental to the Company’s business and operations; (5) provide the Company with all necessary cash management services, including maintaining Company debt service obligationsobligations using Company funds; (6) perform all reporting, record keeping, internal controls and similar matters in a manner to allow the Company to comply with applicable law including the XxxxxxxxSxxxxxxx-Xxxxx ActAct of 2002; (7) from time to time, or at any time reasonably requested by the BoardBoard of Directors, provide information or make reports to the Board of Directors related to its performance of services to the Company under this Agreement; (8) coordinate with the Company’s independent accountants and auditors the preparation and delivery to the Board of Directors of a report not less than annually concerning the Advisor’s compliance with certain material aspects of this Agreement and as otherwise requested by the Board of Directors; (9) provide the officers and Directors with timely updates related to the overall regulatory environment affecting the Company, as well as managing compliance with such matters, including but not limited to compliance with the XxxxxxxxSxxxxxxx-Xxxxx Act of 2002; (10) consult with the Board of Directors relating to the corporate governance structure and appropriate policies and procedures related thereto; (11) provide or arrange for tax and compliance services and coordinate with third parties on related tax matters, in particular the Company’s compliance with the REIT provisions of the Code; (12) supervise the preparation on behalf of the Company of all reports and returns required by the Securities and Exchange CommissionSEC, Internal Revenue Service and other state or federal governmental agencies; (13) maintain and preserve the books and records of the Company and maintaining maintain the accounting and other record-keeping functions at the Property and Company levels; (14) investigate, select, and, on behalf of the Company, engage and conduct business with such Persons as the Advisor deems necessary to the proper performance of its obligations hereunder, including but not limited to consultants, accountants, lenders, technical advisors, attorneys, brokers, underwriters, corporate fiduciaries, escrow agents, depositaries, custodians, agents for collection, insurers, insurance agents, banks, builders, developers, construction companies, property owners, mortgagors, and any and all agents for any of the foregoing, including Affiliates of the Advisor, and Persons acting in any other capacity deemed by the Advisor necessary or desirable for the performance of any of the foregoing services, including but not limited to entering into contracts in the name of the Company with any of the foregoing; (15) do all things necessary to assure its ability to render the services described in this Agreement; and

Financial and Administrative Services. The Advisor shall: (1) manage, and perform and supervise the various administrative functions reasonably necessary for the management of the day-to-day operations of the Company; (2) review, analyze and comment upon the operating budgets, capital budgets and leasing plans prepared and submitted by each Property Manager and leasing agent and aggregate these property budgets into the Company’s overall budget and financial reports; (3) review and analyze on-going financial information pertaining to each Property and the overall portfolio of Properties; (4) to the extent not set forth herein, provide for or arrange for any administrative services and items, legal and other services, office space, furnishings, equipment, personnel, and other overhead items necessary and incidental to the Company’s business and operations; (5) provide the Company with all necessary cash management services, including maintaining Company debt service obligationsobligations using Company funds; (6) perform all reporting, record keeping, internal controls and similar matters in a manner to allow the Company to comply with applicable law including the Xxxxxxxx-Xxxxx ActAct of 2002; (7) from time to time, or at any time reasonably requested by the BoardBoard of Directors, provide information or make reports to the Board of Directors related to its performance of services to the Company under this Agreement; (8) coordinate with the Company’s independent accountants and auditors the preparation and delivery to the Board of Directors of a report not less than annually concerning the Advisor’s compliance with certain material aspects of this Agreement and as otherwise requested by the Board of Directors; (9) provide the officers and Directors with timely updates related to the overall regulatory environment affecting the Company, as well as managing compliance with such matters, including but not limited to compliance with the Xxxxxxxx-Xxxxx Act of 2002; (10) consult with the Board of Directors relating to the corporate governance structure and appropriate policies and procedures related thereto; (11) provide or arrange for tax and compliance services and coordinate with third parties on related tax matters, in particular the Company’s compliance with the REIT provisions of the Code; (12) supervise the preparation on behalf of the Company of all reports and returns required by the Securities and Exchange CommissionSEC, Internal Revenue Service and other state or federal governmental agencies; (13) maintain and preserve the books and records of the Company and maintaining maintain the accounting and other record-keeping functions at the Property and Company levels; (14) investigate, select, and, on behalf of the Company, engage and conduct business with such Persons as the Advisor deems necessary to the proper performance of its obligations hereunder, including but not limited to consultants, accountants, lenders, technical advisors, attorneys, brokers, underwriters, corporate fiduciaries, escrow agents, depositaries, custodians, agents for collection, insurers, insurance agents, banks, builders, developers, construction companies, property owners, mortgagors, and any and all agents for any of the foregoing, including Affiliates of the Advisor, and Persons acting in any other capacity deemed by the Advisor necessary or desirable for the performance of any of the foregoing services, including but not limited to entering into contracts in the name of the Company with any of the foregoing; (15) do all things necessary to assure its ability to render the services described in this Agreement; and