Common use of Services to Other Clients; Certain Affiliated Activities Clause in Contracts

Services to Other Clients; Certain Affiliated Activities. (a) The relationship between the Property Manager and the Company is as described in this Agreement and nothing in this Agreement, none of the services to be provided pursuant to this Agreement, nor any other matter, shall oblige the Property Manager to accept responsibilities that are more extensive than those set forth in this Agreement. (b) The Property Manager’s services to the Company are not exclusive. The Property Manager may engage in other activities on behalf of itself, any other Managing Party and other clients (which, for the avoidance of doubt, may include other series of the Company). The Company acknowledges and agrees that the Property Manager may, without prior notice to the Company, give advice to such other clients. The Property Manager shall not be liable to account to the Company for any profits, commission or remuneration made or received in respect of transactions effected pursuant to the Property Manager’s advice to another client and nor will the Property Manager’s fees be abated as a result.

Services to Other Clients; Certain Affiliated Activities. (a) The relationship between the Property Manager and the Company Series is as described in this Agreement and nothing in this Agreement, none of the services to be provided pursuant to this Agreement, nor any other matter, shall oblige the Property Manager to accept responsibilities that are more extensive than those set forth in this Agreement. (b) The Property Manager’s services to the Company Series are not exclusive. The Property Manager may engage in other activities on behalf of itself, any other Managing Party and other clients (which, for the avoidance of doubt, may include other series of the Company). The Company Series acknowledges and agrees that the Property Manager may, without prior notice to the CompanySeries, give advice to such other clients. The Property Manager shall not be liable to account to the Company Series for any profits, commission or remuneration made or received in respect of transactions effected pursuant to the Property Manager’s advice to another client and nor will the Property Manager’s fees be abated as a result.

Services to Other Clients; Certain Affiliated Activities. (a) The relationship between the Property Asset Manager and the Company is as described in this Agreement Agreement, and nothing in this Agreement, none of the services to be provided pursuant to this Agreement, Agreement nor any other matter, shall oblige the Property Asset Manager to accept responsibilities that are more extensive than those set forth in this Agreement. (b) The Property Asset Manager’s services to the Company are not exclusive. The Property Asset Manager may engage in other activities on behalf of itself, any other Managing Party and other clients (which, for the avoidance of doubt, may include other series affiliates of the Company). The Company acknowledges and agrees that the Property Asset Manager may, without prior notice to the Company, give advice to such other clients. The Property Asset Manager shall not be liable to account to the Company for any profits, commission or remuneration made or received in respect of transactions effected pursuant to the Property Asset Manager’s advice to another client and nor will the Property Asset Manager’s fees be abated as a result.