Common use of Other Activities of the Advisor Clause in Contracts

Other Activities of the Advisor. Nothing herein contained shall prevent the Advisor from engaging in other activities, including, without limitation, the rendering of advice to other Persons (including other REITs) and the management of other programs advised, sponsored or organized by the Advisor or its Affiliates; nor shall this Agreement limit or restrict the right of any director, officer, employee, or stockholder of the Advisor or its Affiliates to engage in any other business or to render services of any kind to any other partnership, corporation, firm, individual, trust or association. The Advisor may, with respect to any investment in which the Company or the Partnership is a participant, also render advice and service to each and every other participant therein. The Advisor shall report to the Board the existence of any condition or circumstance, existing or anticipated, of which it has knowledge, which creates or could create a conflict of interest between the Advisor’s obligations to the Company and the Partnership and its obligations to or its interest in any other partnership, corporation, firm, individual, trust or association.

Appears in 12 contracts

Samples: Advisory Agreement (Grubb & Ellis Healthcare REIT II, Inc.), Amended and Restated Advisory Agreement (Grubb & Ellis Healthcare REIT II, Inc.), Advisory Agreement (Grubb & Ellis Healthcare REIT II, Inc.)

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Other Activities of the Advisor. Nothing herein contained shall prevent the Advisor from engaging in other activities, including, without limitation, the rendering of advice to other Persons (including other REITs) and the management of other programs advised, sponsored or organized by the Advisor or its Affiliates; nor shall this Agreement limit or restrict the right of any director, officer, employee, or stockholder of the Advisor or its Affiliates to engage in any other business or to render services of any kind to any other partnership, corporation, firm, individual, trust or association. The Advisor may, with respect to any investment in which the Company or the Partnership is a participant, also render advice and service to each and every other participant therein. The Advisor shall report to the Board the existence of any condition or circumstance, existing or anticipated, of which it has knowledge, which creates or could create a conflict of interest between the Advisor’s 's obligations to the Company and the Partnership and its obligations to or its interest in any other partnership, corporation, firm, individual, trust or association.

Appears in 6 contracts

Samples: Form of Advisory Agreement (NNN Healthcare/Office REIT, Inc.), Form of Advisory Agreement (NNN Healthcare/Office REIT, Inc.), Form of Advisory Agreement (NNN Healthcare/Office REIT, Inc.)

Other Activities of the Advisor. Nothing herein contained in this Agreement shall prevent the Advisor from engaging in other activities, including, without limitation, the rendering of advice to other Persons (including other REITs) and the management of other programs advised, sponsored or organized by the Advisor or its Affiliates; nor shall this Agreement limit or restrict the right of any director, manager, officer, employee, shareholder or stockholder member of the Advisor or its Affiliates to engage in any other business or to render services of any kind to any other partnership, corporation, firm, individual, trust or associationPersons. The Advisor may, with respect to any investment in which the Company or the Partnership is a participant, also render advice and service to each and every other participant therein. The Advisor shall report to the Board of Directors the existence of any condition or circumstance, existing or anticipated, of which it has knowledge, which creates or could create a conflict of interest between the Advisor’s 's obligations to the Company and the Partnership and its obligations to or its interest in any other partnership, corporation, firm, individual, trust Person. The Advisor or associationits Affiliates shall promptly disclose to the Board of Directors knowledge of such condition or circumstance.

Appears in 1 contract

Samples: Advisory Agreement (A Reit Inc)

Other Activities of the Advisor. Nothing herein contained shall prevent the Advisor from engaging in other activities, including, without limitation, the rendering of advice to other Persons (including other REITs) and the management of other programs advised, sponsored or organized by the Advisor or its Affiliates; nor shall this Agreement limit or restrict the right of any director, officer, employee, or stockholder of the Advisor or its Affiliates to engage in any other business or to render services of any kind to any other partnership, corporation, firm, individual, trust or association. The Advisor may, with respect to any investment in which the Company or the Partnership is a participant, also render advice and service to each and every other participant therein. The Advisor shall report to the Board Directors the existence of any condition or circumstance, existing or anticipated, of which it has knowledge, which creates or could create a conflict of interest between the Advisor’s 's obligations to the Company and the Partnership and its obligations to or its interest in any other partnership, corporation, firm, individual, trust or association.or

Appears in 1 contract

Samples: Advisory Agreement (CNL Health Care Properties Inc)

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Other Activities of the Advisor. Nothing herein contained shall prevent the Advisor or its Affiliates from engaging in or earning fees from other activities, including, without limitation, the rendering of advice to other Persons (including other REITs) and the management of other programs advised, sponsored or organized by the Advisor or its Affiliates; nor shall this Agreement limit or restrict the right of any director, officer, member, partner, employee, or stockholder of the Advisor or its Affiliates to engage in from engaging in, or earning fees from, any other business or to render rendering services of any kind to any other partnership, corporation, firm, individual, trust or associationPerson. The Advisor may, with respect to any investment in which the Company or the Partnership is a participant, also render advice and service to each and every other participant therein. The Advisor shall report to the Board the existence of any condition or circumstance, existing or anticipated, of which it has knowledge, which creates or could create a conflict of interest between the Advisor’s obligations to the Company and the Partnership and its obligations to or its interest in any other partnership, corporation, firm, individual, trust Person. The Advisor or associationits Affiliates shall promptly disclose to the Board knowledge of such condition or circumstance.

Appears in 1 contract

Samples: Version Advisory Management Agreement (Behringer Harvard Opportunity REIT I, Inc.)

Other Activities of the Advisor. Nothing herein contained in this Agreement shall prevent the Advisor from engaging in other activities, including, without limitation, the rendering of advice to other Persons (including other REITs) and the management of other programs advised, sponsored or organized by the Advisor or its Affiliates; nor shall this Agreement limit or restrict the right of any director, manager, officer, employee, stockholder or stockholder member of the Advisor or its Affiliates to engage in any other business or to render services of any kind to any other partnership, corporation, firm, individual, trust or associationPersons. The Advisor may, with respect to any investment in which the Company or the Partnership is a participant, also render advice and service to each and every other participant therein. The Advisor shall report to the Board of Directors the existence of any condition or circumstance, existing or anticipated, of which it has knowledge, which creates or could create a conflict of interest between the Advisor’s 's obligations to the Company and the Partnership and its obligations to or its interest in any other partnership, corporation, firm, individual, trust Person. The Advisor or associationits Affiliates shall promptly disclose to the Board of Directors knowledge of such condition or circumstance.

Appears in 1 contract

Samples: Form of Advisory Agreement (A Reit Inc)

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