Modification or Revocation of Authority of Manager. The Board may, at any time upon the giving of notice to the Manager, modify or revoke the authority or approvals set forth in Article 3 and this Article 4 hereof; provided, however, that such modification or revocation shall be effective upon receipt by the Manager and shall not be applicable to investment transactions to which the Manager has committed the Park View Entities prior to the date of receipt by the Manager of such notification.
Appears in 4 contracts
Samples: Management Agreement (Park View OZ REIT Inc), Management Agreement (Park View OZ REIT Inc), Management Agreement (Park View OZ REIT Inc)
Modification or Revocation of Authority of Manager. The Board may, at any time upon the giving of notice to the Manager, modify or revoke the authority or approvals set forth in Article 3 and this Article 4 hereof; provided, however, that such modification or revocation shall be effective upon receipt by the Manager and shall not be applicable to investment transactions to which the Manager has committed the Park View sxXXXX Entities prior to the date of receipt by the Manager of such notification.
Appears in 2 contracts
Samples: Management Agreement (1st stREIT Office Inc.), Management Agreement (1st stREIT Office Inc.)
Modification or Revocation of Authority of Manager. The Board may, at any time upon the giving of notice to the Manager, modify or revoke the authority or approvals set forth in Article 3 and this Article 4 hereof; provided, however, that such modification or revocation shall be effective upon receipt by the Manager and shall not be applicable to investment transactions to which the Manager has committed the Park View AHP Entities prior to the date of receipt by the Manager of such notification.
Appears in 2 contracts
Samples: Management Agreement (American Hospitality Properties REIT II, Inc.), Management Agreement (American Hospitality Properties REIT, Inc.)
Modification or Revocation of Authority of Manager. The Board may, at any time upon the giving of notice to the Manager, modify or revoke the authority or approvals set forth in Article 3 and this Article 4 hereof; provided, however, that such modification or revocation shall be effective upon receipt by the Manager and shall not be applicable to investment transactions to which the Manager has committed any member of the Park View Entities Company Group prior to the date of receipt by the Manager of such notification.
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Modification or Revocation of Authority of Manager. The Board may, at any time upon the giving of notice to the Manager, modify or revoke the authority or approvals set forth in Article 3 and this Article 4 hereof; provided, however, that such modification or revocation shall be effective upon receipt by the Manager and shall not be applicable to investment transactions to which the Manager has committed the Park View Belpointe Entities prior to the date of receipt by the Manager of such notification.
Appears in 1 contract
Modification or Revocation of Authority of Manager. The Board may, at any time upon the giving of notice to the Manager, modify or revoke the authority or approvals set forth in Article 3 and this Article 4 hereof; provided, however, that such modification or revocation shall be effective upon receipt by the Manager and shall not be applicable to investment transactions to which the Manager has committed the Park View Entities Company prior to the date of receipt by the Manager of such notification.
Appears in 1 contract
Samples: Management Agreement (Multi-Housing Income REIT, Inc.)
Modification or Revocation of Authority of Manager. The Board may, at any time upon the giving of notice to the Manager, modify or revoke the authority or approvals set forth in Article 3 and this Article 4 hereof; provided, however, that such modification or revocation shall be effective upon receipt by the Manager and shall not be applicable to investment transactions to which the Manager has committed the Park View NL Entities prior to the date of receipt by the Manager of such notification.
Appears in 1 contract
Samples: Management Agreement (NOYACK Logistics Income REIT II, Inc.)
Modification or Revocation of Authority of Manager. The Board may, at any time upon the giving of notice to the Manager, modify or revoke the authority or approvals set forth in Article 3 and this Article 4 hereof; provided, however, that such modification or revocation shall be effective upon receipt by the Manager and shall not be applicable to investment transactions to which the Manager has committed the Echo Park View Entities prior to the date of receipt by the Manager of such notification.
Appears in 1 contract
Samples: Management Agreement (Nico Echo Park, Benefit Corp)
Modification or Revocation of Authority of Manager. The Board may, at any time upon the giving of notice to the Manager, modify or revoke the authority or approvals set forth in Article 3 and this Article 4 hereof; provided, however, that such modification or revocation shall be effective upon receipt by the Manager and shall not be applicable to investment transactions to which the Manager has committed the Park View Entities Company or Operating Companies to prior to the date of receipt by the Manager of such notification.
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