Restrictions on Manager. The Manager shall refrain from any action which would (i) adversely affect the status of the Company or, if applicable, any subsidiary of the Company, as a REIT; (ii) violate any material law, rule or regulation of any governmental body or agency having jurisdiction over the Company or any such subsidiary; or (iii) not be permitted by the Governing Instruments.
Appears in 10 contracts
Samples: Management Services Agreement (Nv Reit LLC), Management Services Agreement (Value Add Growth REIT IV, LLC), Management Services Agreement (Nv Reit LLC)
Restrictions on Manager. The Manager shall refrain from any action which would (i) adversely affect the status of the Company or, if applicable, any subsidiary of the Company, as a REIT; (ii) violate any material law, rule or regulation of any governmental body or agency having jurisdiction over the Company or any such subsidiary; or (iiiii) not be permitted by the Governing Instruments.
Appears in 1 contract
Samples: Management Services Agreement (Money With Meaning Fund, LLC)
