Investment of Cash. The Managing Member shall invest and reinvest any monies of the Company, and manage the Company’s short-term investments, including the acquisition and sale of money market instruments, provided such instruments are consistent with the Company’s policies and are only those instruments in which a real estate investment trust is permitted to invest under the Code from time to time.
Appears in 4 contracts
Samples: Reit Management Agreement (Anabasis Real Estate Investment Trust, LLC), Reit Management Agreement (Century West Multifamily Income Reit, LLC), Reit Management Agreement (Lm Capital Real Estate Investment Trust, LLC)
Investment of Cash. The Managing Member Manager shall invest and reinvest any monies of the Company, and manage the Company’s 's short-term investments, including the acquisition and sale of money market instrumentsinstruments and/or church mortgage bonds, provided such instruments are consistent with the Company’s 's policies and are only those instruments in which a real estate investment trust is permitted to invest under the Code from time to time.
Appears in 1 contract
Samples: Reit Management Agreement (Foundation Capital Resources Inc)
Investment of Cash. The Managing Member Manager shall invest and reinvest any monies of ------------------ the Company, and manage the Company’s 's short-term investments, including the acquisition and sale of money market instrumentsinstruments and/or church mortgage bonds, provided such instruments are consistent with the Company’s 's policies and are only those instruments in which a real estate investment trust is permitted to invest under the Code from time to time.
Appears in 1 contract
Samples: Reit Management Agreement (Foundation Capital Resources Inc)
Investment of Cash. The Managing Member Manager shall invest and reinvest any monies of the Company, and manage the Company’s short-term investments, including the acquisition and sale of money market instrumentsinstruments and/or church mortgage bonds, provided such instruments are consistent with the Company’s policies and are only those instruments in which a real estate investment trust is permitted to invest under the Code from time to time.
Appears in 1 contract
Samples: Reit Management Agreement (Foundation Capital Resources Inc)