Common use of Series Management Clause in Contracts

Series Management. Management of each Series will automatically be vested in the Founder (as the Series Manager) or an Affiliate of the Founder (owned or controlled by the Founder or its members), as designated by the Founder in a Series Agreement. The Founder has the exclusive authority to designate itself as the Series Manager or to designate a Series Manager, who may be an Affiliate of the Founder, its members, or a Series Member. Mythic Collection, LLC Amended and Restated Company Agreement The Founder may designate a Series Manager to accommodate: · The request of a lender to include an additional loan guarantor for an acquisition, refinance or other loan against Underlying Asset(s) of the Series; · Active participants who may participate in asset procurement, asset management, fundraising or other needed services on behalf of a Series; or · For any other reason that the Founder, in its sole discretion, deems appropriate or beneficial for a Series. A Series Manager (or its members or Affiliates) may be a manager of one or more Series and may make Capital or Non-Capital Contributions to such Series in exchange for its Membership Interests, management designation, Fees and/or Distributions.