Common use of Other Activities of the Manager Clause in Contracts

Other Activities of the Manager. Nothing in this Agreement shall prevent the Manager or its Affiliates, officers, directors or employees, from providing services similar to those it provides for the Fund to other businesses, including but not limited to other Real Estate Investment Trusts. The Fund acknowledges that the Manager will not be performing services on behalf of the Fund on a full-time basis but will instead devote such time to the business and Properties of the Fund as the Manager determines in its sole discretion. Further, the Fund acknowledges that the advice given to the Fund by the Manager could be different than the advice given by the Manager to other persons, depending on the circumstances. The Fund shall be entitled to equitable – but not preferential – treatment in receiving information, recommendations, and any other services.

Appears in 3 contracts

Samples: Management Services Agreement (Multi-Housing Income REIT, LLC), Management Services Agreement (Multi-Housing Income REIT, Inc.), 1a 6a (Impact Housing REIT, LLC)

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Other Activities of the Manager. Nothing in this Agreement shall prevent the Manager or its Affiliates, officers, directors or employees, from providing services similar to those it provides for the Fund to other businesses, including but not limited to other Real Estate Investment Trusts. The Fund acknowledges that the Manager will not be performing services on behalf of the Fund on a full-time basis but will instead devote such time to the business and Properties of the Fund as the Manager determines in its sole discretion. Further, the Fund acknowledges that the advice given to the Fund by the Manager could be different than the advice given by the Manager to other persons, depending on the circumstances. The Fund shall be entitled to equitable – but not preferential – treatment in receiving information, recommendations, and any other services.

Appears in 3 contracts

Samples: Management Services Agreement (Concreit Fund I LLC), Management Services Agreement (Concreit Fund I LLC), Management Services Agreement (Concreit Fund I LLC)

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