Powers of the Adviser. Subject to the express limitations set forth in this Agreement, any restrictions imposed by law, rule or regulation and the continuing and exclusive authority of the Board over the management of the Company, the power to direct the management, operation and policies of the Company, including making, financing and disposing of Investments that fits within the performance of those services described in Section 3 hereof, shall be vested in the Adviser, which shall have the power by itself and shall be authorized and empowered on behalf and in the name of the Company to carry out any and all of the objectives and purposes of the Company and to perform all acts and enter into and perform all contracts and other undertakings that it may in its sole discretion deem necessary, advisable or incidental thereto to perform its obligations under this Agreement. The Adviser shall have the power to delegate all or any part of its rights and powers to manage and control the business and affairs of the Company to the Sub-Adviser and to such officers, employees, Affiliates, agents and representatives of the Adviser, the Sub-Adviser or the Company as it may deem appropriate. Any authority delegated by the Adviser to any other Person shall be subject to the limitations on the rights and powers of the Adviser specifically set forth in this Agreement or the Charter.
Appears in 6 contracts
Samples: Advisory Agreement (FS Credit Real Estate Income Trust, Inc.), Advisory Agreement (FS Credit Real Estate Income Trust, Inc.), Advisory Agreement (FS Credit Real Estate Income Trust, Inc.)
