Manager's Affiliates and Subsidiaries. Manager may utilize related, affiliated or subsidiary organizations as independent contractors to perform work related to the Project; provided that, in each case, (a) expenditures for the goods or services to be furnished by such party are Authorized Expenditures or are for Additional Services, and (b) the charges imposed by such party are not greater than would be charged under an arm’s-length contract by an unrelated contractor for the same work. ARTICLE6
Appears in 1 contract
Samples: Property Management Agreement (Versity Invest, LLC)
Manager's Affiliates and Subsidiaries. Manager may utilize related, affiliated or subsidiary organizations as independent contractors to perform work related to the Project; provided that, in each case, (a) expenditures for the goods or services to be furnished by such party are Authorized Expenditures or are for Additional Services, and (b) the charges imposed by such party are not greater than would be charged under an arm’sxxx’s-length contract by an unrelated contractor for the same work. ARTICLE6.
Appears in 1 contract
Samples: Property Management Agreement (Versity Invest, LLC)
Manager's Affiliates and Subsidiaries. Manager may utilize related, affiliated or subsidiary organizations as independent contractors to perform work related to the Project; provided that, in each case, (a) expenditures for the goods or services to be furnished by such party are Authorized Expenditures or are for Additional Services, and (b) the charges imposed by such party are not greater than would be charged under an arm’sarm's-length contract by an unrelated contractor for the same work. ARTICLE6.
Appears in 1 contract
Samples: Property Management Agreement (Versity Invest, LLC)
Manager's Affiliates and Subsidiaries. Manager may utilize related, affiliated or subsidiary organizations as independent contractors to perform perfonn work related to the Project; provided that, in each case, (a) expenditures for the goods or services to be furnished by such party are Authorized Expenditures or are for Additional Services, and (b) the charges imposed by such party are not greater than would be charged under an arm’sarm's-length contract by an unrelated contractor for the same work. ARTICLE6.
Appears in 1 contract
Samples: Property Management Agreement (Versity Invest, LLC)