Common use of Safekeeping of Company Assets Clause in Contracts

Safekeeping of Company Assets. Manager shall not employ Company funds or Company Assets in any manner except for the exclusive benefit of the Company. Manager shall at all times use commercially reasonable efforts at the Company’s expense to maintain insurance coverage on the Project in amounts determined by Manager in its sole discretion. 4.5

Safekeeping of Company Assets. Manager shall not employ Company funds or Company Assets in any manner except for the exclusive benefit of the Company. Manager shall at all times use commercially reasonable efforts at the Company’s expense to maintain the minimum insurance coverage on the Project approved by the Members from time to time in amounts determined by Manager in its sole discretionconnection with the approval of the Development Plan or the Annual Plan with respect to the Project. 4.521 4.6 Contracts with the Hines Member and Affiliates of the Xxxxx Member.

Safekeeping of Company Assets. Manager shall not employ Company funds or Company Assets in any manner except for the exclusive benefit of the Company. Manager shall at all times use commercially reasonable efforts at the Company’s expense to maintain the minimum insurance coverage on each Project approved by the Project Members from time to time in amounts determined by Manager in its sole discretionconnection with the approval of the Development Plan or the Annual Plan with respect to the Project. 4.54.6

Safekeeping of Company Assets. Manager shall not employ Company funds or Company Assets in any manner except for the exclusive benefit of the Company. Manager shall at all times use commercially reasonable efforts at the Company’s expense to maintain the minimum insurance coverage on the Project approved by the Members from time to time in amounts determined by Manager in its sole discretionconnection with the approval of the Development Plan or the Annual Plan with respect to the Project. 4.521