Common use of POWERS, RIGHTS AND OBLIGATIONS OF THE MANAGEMENT COMPANY Clause in Contracts

POWERS, RIGHTS AND OBLIGATIONS OF THE MANAGEMENT COMPANY. The management Company shall conduct all aspects of the business affairs of the Company including, without limitation, management of; (i) the identification and selection of income producing assets ("Assets") for acquisition by the Company with the proceeds of the offering; (ii) administration of the leases for such Assets; (iii) management of remarketing and resale of the Assets; and (iv) general administrative and day-to-day operations of the Company. The Management shall devote such time as may be necessary for the proper performance of its duties and shall use its best efforts to carry out the purposes of the Company and shall manage the affairs of the Company to the best of its abilities. The Company agrees and acknowledges that the Management Company may, in the future, act as management company for other investment entities sponsored by the Management Company, which entities may engage in the same line of business as the Company.

POWERS, RIGHTS AND OBLIGATIONS OF THE MANAGEMENT COMPANY. The management Management Company shall conduct all aspects of the business affairs of the Company including, without limitation, management of; (i) the identification and selection of income producing assets ("Assets") for acquisition by the Company with the proceeds of the offeringOffering; (ii) administration of the leases for such Assets; (iii) management of remarketing and resale of the Assets; and (iv) general administrative and day-to-day operations of the Company. The Management shall devote such time as may be necessary for the proper performance of its duties and shall use its best efforts to carry out the purposes of the Company and shall manage the affairs of the Company to the best of its abilities. The Company agrees and acknowledges that the Management Company may, in the future, act as management company for other investment entities sponsored by the Management Company, which entities may engage in the same line of business as the Company.