Common use of Other Activities of Advisor Clause in Contracts

Other Activities of Advisor. The Advisor, its officers, directors, or employees or any of its Affiliates may engage in other business activities related to real estate investments or act as advisor to any other person or entity (including another real estate investment trust), including those with investment policies similar to the Company, provided that the Advisor and its officers, directors, or employees and any of its Affiliates shall present in writing to the Company on a right of first refusal basis any real estate investment opportunity that comes to the Advisor or such persons, regardless of whether such opportunity is in accordance with the Company's Business Plan.

Other Activities of Advisor. The Advisor, its officers, directors, or --------------------------- employees or any of its Affiliates may engage in other business activities related to real estate investments or act as advisor to any other person or entity (including another real estate investment trust), including those with investment policies similar to the Company, provided that the Advisor and its officers, directors, or employees and any of its Affiliates shall present in writing to the Company on a right of first refusal basis any real estate investment opportunity that comes to the Advisor or such persons, regardless of whether such opportunity is in accordance with the Company's Business Plan.