Necessary Time. Managing Member will devote such time, effort and skill to the business of the Company (or to the business of the Company owning the Hotel) as Managing Member reasonably deems necessary.
Appears in 3 contracts
Samples: Membership Interest Agreement, Limited Liability Company Operating Agreement (Carey Watermark Investors Inc), Limited Liability Company Operating Agreement (Carey Watermark Investors Inc)
Necessary Time. Managing Member will devote such time, effort and skill to the business of the Company and the TRS SUB (or to the business of the Company and the TRS SUB owning the HotelHotel and the Garage) as Managing Member reasonably deems necessary.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (Carey Watermark Investors Inc)
