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General Duties of the Manager Sample Clauses

General Duties of the Manager. The Manager shall use its reasonable best efforts to present to the Company a continuing and suitable real estate investment program consistent with the real estate investment policies and objectives of the Company. Subject to the management, direction and oversight of the Company’s Board of Trustees (the “Trustees”), the Manager shall conduct and perform all corporate office functions for the Company, including, but not limited to, the following: (a) provide research and economic and statistical data in connection with the Company’s real estate investments and recommend changes in the Company’s real estate investment policies when appropriate; (i) investigate and evaluate investments in, or acquisitions or dispositions of, real estate and related interests, and financing and refinancing opportunities, (ii) make recommendations concerning specific investments to the Trustees and (iii) evaluate and negotiate contracts with respect to the foregoing; in each case, on behalf of the Company and in the furtherance of the Company’s strategic objectives; (c) investigate, evaluate, prosecute and negotiate any claims of the Company in connection with its real estate investments or otherwise in connection with the conduct of its business; (d) administer bookkeeping and accounting functions as are required for the management and operation of the Company, contract for audits and prepare or cause to be prepared such reports and filings as may be required by any governmental authority in connection with the conduct of the Company’s business, and otherwise advise and assist the Company with its compliance with applicable legal and regulatory requirements, including, without limitation, periodic reports, returns or statements required under the Securities Exchange Act of 1934, as amended, and the rules and regulations thereunder (the “Exchange Act”), the Internal Revenue Code of 1986, as amended and any regulations and rulings thereunder (the “Code”), the securities and tax statutes of any jurisdiction in which the Company is obligated to file such reports or any rules or regulations promulgated under any of the foregoing; (e) advise and assist in the preparation and filing of all offering documents (public and private), and all registration statements, prospectuses or other documents filed with the Securities and Exchange Commission (the “SEC”) or any state (it being understood that the Company shall be responsible for the content of any and all of its offering documents ...
General Duties of the ManagerSubject to the supervision of the Board of Directors, the Manager shall provide services to the Company and, to the extent directed by the Board of Directors, shall provide similar services to any subsidiary of the Company as follows: (a) serve as the Company’s consultant with respect to the formulation and updating of investment criteria and policy guidelines for consideration by the Board of Directors (“Guidelines”); (b) prepare strategic plans and annual budgets for review by the Board of Directors, and report changes to such plans and budgets to the Board of Directors on a quarterly basis; (c) represent the Company in connection with its origination, acquisition, retention and servicing of investments in Mortgage Assets (including the accumulation of Mortgage Loans for securitization), and all related financing activities; (d) furnish reports and statistical and economic research to the Company regarding the Company’s investments and activities and the services performed for the Company by the Manager; (e) monitor and provide to the Board of Directors on an on-going basis price information and other data obtained from appropriate pricing services and nationally recognized dealers that maintain markets in Mortgage Assets identified by the Board of Directors from time to time, and provide data and advice to the Board of Directors in connection with the identification of such pricing services and dealers; (f) administer the day-to-day operations of the Company and perform or supervise the performance of such other administrative functions necessary or advisable for the management of the Company as may be agreed upon by the Manager and the Board of Directors including, without limitation, collection of the Company’s revenues and payment of the Company’s expenses, debts and obligations and maintenance of appropriate computer services to provide such administrative functions; (g) communicate on behalf of the Company with the holders of the Company’s securities as required to satisfy the continuous reporting and other requirements of any governmental bodies or agencies to holders of such securities and third parties and to maintain effective relations with such holders of the Company’s securities; (h) designate a servicer for those Mortgage Loans sold to the Company by originators or sellers that have elected not to service such loans and for those Mortgage Loans originated by the Company, and arrange for the monitoring and administering of any such servicer;...
General Duties of the Manager. Subject to the rights and powers vested in the Members by law and to such limitations and restrictions as are set forth herein and in the Articles of Organization and subject to the decisions, direction and control of the Advisory Committee, the Manager shall have the power for and on behalf of the Company to exercise all the following powers: (i) make all decisions with respect to the day-to-day operation of the Company's business and Property; (ii) deal with or through any Member or affiliate of a Member, and to employ or engage persons (including without limitation, Members and affiliates of Members) to assist in the business of the Company; (iii) pay all expenses and costs incurred by the Company in the ordinary course of business; (iv) maintain the books and records for the Company as herein provided; (v) maintain in force at all times for the protection of the Members, the Managers or the Committee Members such insurance as the Manager believes warranted for the operations or activities being conducted; (vi) maintain bank accounts as provided herein and execute checks, drafts, and orders for the payment of Company funds in accordance with any Company budget; (vii) institute, prosecute, defend, settle, compromise, and dismiss lawsuits or other judicial or administrative proceedings brought on or in behalf of, or against, the Company and to engage counsel or others in connection therewith; (viii) select and employ certified public accountants, legal counsel and other professionals and consultants for the Company and to pay such compensation as the Manager may determine in its sole discretion; and (ix) take such other actions as shall be reasonably necessary or desirable in order to further the purposes of the Company to the extent such other actions are not prohibited by law or otherwise restricted herein. Unless authorized to do so by this Operating Agreement, by the Management Agreement, or by the Members, no Member, agent, or employee of the Company shall have any power or authority to bind the Company in any way, to pledge its credit or to render it liable pecuniarily for any purpose.
General Duties of the ManagerSubject to the supervision of the Board of Directors, the Manager shall provide services to the Company, and to the extent directed by the Board of Directors, shall provide similar services to any subsidiary of the Company as follows: (a) serve as the Company’s consultant with respect to formulation and updating of investment criteria and policy guidelines for consideration by the Board of Directors (“Guidelines”); (b) represent the Company in connection with (i) its commitments to purchase and (ii) the purchase of Mortgage Assets, including the accumulation of Mortgage Loans for securitization; (c) furnish reports and statistical and economic research to the Company regarding the Company’s investments and activities and the services performed for the Company by the Manager; (d) monitor and provide to the Board of Directors on an on-going basis price information and other data obtained from certain nationally recognized dealers that maintain markets in Mortgage Assets identified by the Board of Directors from time to time, and provide data and advice to the Board of Directors in connection with the identification of such dealers; (e) administer the day-to-day operations of the Company and perform or supervise the performance of such other administrative functions necessary or advisable for the management of the Company as may be agreed upon by the Manager and the Board of Directors including, without limitation, collection of the Company’s revenues and payment of the Company’s expenses, debts and obligations and maintenance of appropriate computer services to provide such administrative functions; (f) communicate on behalf of the Company with the holders of the equity and debt securities of the Company as required to satisfy the continuous reporting and other requirements of any governmental bodies or agencies to holders of such securities and third parties and to maintain effective relations with such holders of the Company’s securities; (g) designate one or more servicers (each, a “Servicer”) for those Mortgage Loans sold to the Company by originators or sellers that have elected not to service such loans and arrange for the monitoring and administering of such Servicers; (h) advise the Company in connection with policy decisions to be made by the Board of Directors; (i) upon request by and in accordance with the directions of the Board of Directors, invest or reinvest any money of the Company; (j) engage in hedging activities on behalf of the Company co...
General Duties of the Manager. Administrative Services to be Provided by Manager. Subject to the oversight of the Board of Directors, the Manager shall provide services to the Company, and to the extent directed by the Board of Directors, shall provide similar services to any subsidiary of the Company as follows:
General Duties of the Manager. 3.1 The Manager shall provide to and for the benefit of the Owner such management services as are usually and customarily performed by managers of similar hotels for owners thereof, all at the Owner's expense. For all purposes under this Agreement, the term "fiscal year" shall mean the Owner's fiscal year, as may be changed from time to time, and which currently ends June 30. Subject to the Owner's instructions from time to time to the Manager to the contrary, the Manager is hereby authorized to and shall:
General Duties of the ManagerSubject to the ultimate authority and control of the Mariner Licensees, the Manager shall manage and supervise the day-to-day operation of the Facilities with the objective of providing skilled nursing, intermediate care and residential services to patients and residents of the Facilities and to carry out general management functions with respect to the Facilities, including, but not limited to, the following: supervise the performance of all administrative functions as may be necessary in the management and operation of the Facilities; select, hire or contract for, train, supervise, monitor the performance of, and terminate or fire, all personnel involved in the administration and day-to-day operations of the Facilities, including, without limitation, professional personnel, custodial, cleaning, maintenance, and other operational personnel, and secretarial and bookkeeping personnel; maintain patients' medical records in accordance with all applicable state and Federal requirements; represent the Facilities in their dealings with regulatory authorities, patients, personnel, agents for collection, insurers and, at the request of the Proposed SNH Licensees, creditors; market the services of the Facilities; manage and supervise the admission and discharge of residents as required by state and Federal laws; and generally see to the operations and management of the Facilities, the marketing of their services, planning for future operations, and the establishment and implementation of policies for the Facilities.
General Duties of the Manager. (a) Administrative Services Provided by the Manager. The Manager will be responsible for the day-to-day operations of the Company and will perform such services and activities relating to the assets and operations of the Company as may be appropriate, including: (i) representing the Company in connection with the origination or purchase of mortgage loans; (ii) in accordance with the directions of the Board of Directors, investing or reinvesting any money of the Company; (iii) furnishing reports and statistical and economic research to the Company regarding the Company's estate lending activities and the performance of its portfolio of mortgage loans; (iv) administering the day-to-day operations of the Company and performing administrative functions necessary in the management of the Company, including the collection of revenues, the payment of the Company's expenses, debts and obligations and the maintenance of appropriate computer services to perform such administrative functions; (v) counseling the Company in connection with policy decisions to be made by the Board of Directors; (vi) assisting the Company in its use of leverage to finance mortgage loan acquisitions; (vii) overseeing the servicing of the Company's mortgage loans; (viii) establishing underwriting, appraisal and quality control procedures for the mortgage loans of the Company; (ix) conducting a legal document review of each mortgage loan acquired to verify the accuracy and completeness of the information contained in the mortgage loans, security instruments and other pertinent documents in the mortgage file; (x) providing the Company with data processing, legal and administrative services to the extent required to implement the business strategy of the Company;
General Duties of the ManagerSubject to the supervision of the Board of Directors and in accordance with the Governing Instruments, the Manager shall provide services to the Company and INMC, and to the extent directed by the Board of Directors, shall provide similar services to any other Subsidiary of the Company, as follows: (a) conduct the day-to-day mortgage loan conduit, warehouse lending and construction lending and other operations of the Company and INMC as approved by the Board of Directors, including without limitation, the purchase, accumulation, financing and securitization of mortgage loans, the establishment and financing of warehouse lending and construction lending facilities, the management of assets and investments and the administration thereof; and (b) provide such reports and analysis to the Board of Directors regarding the operating strategies and results of the Company and its Subsidiaries as the Board may reasonably request. The Manager shall perform its duties and shall take actions on behalf of the Company and its Subsidiaries consistent with (i) the operating policies and criteria established from time to time by the Board of Directors or any authorized officer with respect thereto, and (ii) the obligations of the Company and its Subsidiaries under the various agreements to which each is a party. So long as the Manager is serving as the Manager under this Agreement, it shall be and remain a Subsidiary of and wholly owned, directly or indirectly, by CCI.
General Duties of the Manager