Common use of Information to be Distributed to the Company’s Board of Directors Clause in Contracts

Information to be Distributed to the Company’s Board of Directors. The Managing Member shall at all times keep the Board of Directors of the Company fully informed with regard to the investment policy of the Company, the capitalization policy of the Company, and generally the Company’s then current intentions as to the future of the Company. In particular, the Managing Member shall notify the Company’s Board of Directors members by email promptly of the Managing Member’s intention to sell or otherwise dispose of any of the Company’s investments, or to make any new investment. The Managing Member shall furnish the members of the Company’s Board of Directors a certified copy of all financial statements, a signed copy of each report prepared by independent certified public accountants, and such other information with regard to the Managing Member’s affairs as the Company’s Board of Directors may from time to time reasonably request.

Appears in 3 contracts

Samples: Reit Management Agreement (Century West Multifamily Income Reit, LLC), Reit Management Agreement (Lm Capital Real Estate Investment Trust, LLC), Reit Management Agreement (Lm Capital Real Estate Investment Trust, LLC)

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Information to be Distributed to the Company’s Board of Directors. The Managing Member shall at all times keep the Board of Directors of the Company fully informed with regard to the investment policy of the Company, the capitalization policy of the Company, and generally the Company’s then current intentions as to the future of the Company. In particular, the Managing Member shall notify the Company’s Board of Directors members by email promptly of the Managing Member’s intention to sell or otherwise dispose of any of the Company’s investments, or to make any new investment. The Managing Member shall furnish the members of the Company’s Board of Directors a certified copy of all financial statements, a signed copy of each report prepared by independent certified public accountants, and such other information with regard to the Managing Member’s affairs as the Company’s Board of Directors may from time to time-to-time reasonably request.

Appears in 1 contract

Samples: Reit Management Agreement (Anabasis Real Estate Investment Trust, LLC)

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