Common use of Manager’s and Affiliates’ Compensation Clause in Contracts

Manager’s and Affiliates’ Compensation. The Manager and its Affiliates shall receive compensation from the Company for services rendered or to be rendered only as specified in this Agreement and the Management Agreement, a true copy of which is attached as Exhibit B. If any provision of the Management Agreement is inconsistent with any provision contained in this Agreement, then the provision contained in the Management Agreement shall control and the inconsistent provision herein shall be of no force or effect.

Appears in 2 contracts

Samples: Operating Agreement (NNN 2002 Value Fund LLC), Operating Agreement (NNN 2002 Value Fund LLC)

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Manager’s and Affiliates’ Compensation. The Manager and its Affiliates -------------------------------------- shall receive compensation from the Company for services rendered or to be rendered only as specified in this Agreement and the Management Agreement, a true copy of which is attached as Exhibit B. If any provision of the Management Agreement is inconsistent with any provision contained in this Agreement, then the provision contained in the Management Agreement shall control and the inconsistent provision herein shall be of no force or effect.

Appears in 1 contract

Samples: Operating Agreement (T Reit Inc)

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Manager’s and Affiliates’ Compensation. The Manager and its Affiliates shall receive compensation from the Company for services rendered or to be rendered only as specified in this Agreement and the Management Agreement, a true copy of which is attached as Exhibit B. If any provision of the Management Agreement is inconsistent with any provision contained in this Agreement, then the provision contained in the Management Agreement shall control and the inconsistent provision herein shall be of no force or effect.

Appears in 1 contract

Samples: Operating Agreement (NNN 2003 Value Fund LLC)

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