Common use of Provision of Services by Third Parties Clause in Contracts

Provision of Services by Third Parties. The Asset Manager shall devote such time to its duties under this Agreement as may be deemed reasonably necessary by the Asset Manager in light of the understanding that such duties are expected to be performed only at occasional or irregular intervals. The Asset Manager may arrange for and coordinate the services of other professionals, experts and consultants to provide any or all of the Services, in which case, the costs and expenses of such third parties for providing such services shall be borne by the Asset Manager other than as set forth in Section 5(b).

Appears in 3 contracts

Samples: Asset Management and Administrative Services Agreement (aShareX Fine Art, LLC), Asset Management and Administrative Services Agreement (aShareX Fine Art, LLC), Asset Management and Administrative Services Agreement (aShareX Fine Art, LLC)

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Provision of Services by Third Parties. The Asset Manager shall devote such time to its duties under this Agreement as may be deemed reasonably necessary by the Asset Manager in light of the understanding that such duties are expected to be performed only at occasional or irregular intervals. The Asset Manager may arrange for and coordinate the services of other professionals, experts and consultants to provide any or all of the Services, in which case, the costs and expenses of such third parties for providing such services shall be borne by the Asset Manager other than as set forth in Section 5(b).

Appears in 1 contract

Samples: Asset Management and Administrative Services Agreement (aShareX Fine Art, LLC)

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