Common use of Waiver of Conflict of Interest Clause in Contracts

Waiver of Conflict of Interest. The Company is not represented by separate counsel; provided, however, in connection with the formation of the Company and the drafting and negotiation of this Agreement, JV Member and the Company (and not KBS) have been represented by Glast, Xxxxxxxx & Xxxxxx, P.C., Attention, Xxx X. Xxxx, and KBS (and not JV Member or the Company) has been represented by Xxxxxxxxx Xxxxxxx, LLP, Attention, Xxxxx Xxxxxxxxx. To the extent that the foregoing representation constitutes a conflict of interest, the Company and each Member hereby expressly waive any such conflict of interest. Upon creation of the Company, the Company shall only be represented by counsel in accordance with Section 2.02(i) above.

Appears in 2 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (KBS Strategic Opportunity REIT, Inc.)

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Waiver of Conflict of Interest. The Company is not represented by separate counsel; provided, however, in connection with the formation of the Company and the drafting and negotiation of this Agreement, JV Member and the Company (and not KBS) have been represented by GlastXxxxxxx Coie, Xxxxxxxx & Xxxxxx, P.C.LLC, Attention, Xxx X. XxxxXxxxxx Xxxxx, and KBS (and not JV Member or the Company) has been represented by Xxxxxxxxx Xxxxxxx, Xxxxxxxx Xxxxxx Xxxxxxx & Xxxxxxx LLP, Attention, Xxxxx Xxxxxxxxx. To the extent that the foregoing representation constitutes a conflict of interest, the Company and each Member hereby expressly waive any such conflict of interest. Upon creation of the Company, the Company shall only be represented by counsel in accordance with Section 2.02(i) above.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (KBS Strategic Opportunity REIT II, Inc.), Limited Liability Company Agreement (KBS Strategic Opportunity REIT II, Inc.)

Waiver of Conflict of Interest. The Company is not represented by separate counsel; provided, however, in connection with the formation of the Company and the drafting and negotiation of this Agreement, JV Member and the Company (and not KBS) have been represented by Glast, Xxxxxxxx & Xxxxxx, P.C.Xxxx Xxxxxx PC, Attention, Xxx X. XxxxXxxxxx Xxxxxxx, and KBS (and not JV Member or the Company) has been represented by Xxxxxxxxx Xxxxxxxx Xxxxxx Xxxxxxx & Xxxxxxx, LLP, Attention, Xxxxx Xxxxxxxxx. To the extent that the foregoing representation constitutes a conflict of interest, the Company and each Member hereby expressly waive any such conflict of interest. Upon creation of the Company, the Company shall only be represented by counsel in accordance with Section 2.02(i) 2.02 above.

Appears in 1 contract

Samples: Limited Liability Company Agreement (KBS Strategic Opportunity REIT II, Inc.)

Waiver of Conflict of Interest. The Company is not represented by separate counsel; provided, however, in connection with the formation of the Company and the drafting and negotiation of this Agreement, JV Member and the Company (and not KBSKBS Member) have been represented by Glast, Xxxxxxxx & Xxxxxx, P.C.Fleece LLP, Attention, Xxx X. XxxxXxxxxx Xxxxxxxxxx, and KBS Member (and not JV Member or the Company) has been represented by Xxxxxxxxx Xxxxxxxx Xxxxxx Xxxxxxx & Xxxxxxx, LLP, Attention, Xxxxx Xxxxxxxxx. To the extent that the foregoing representation constitutes a conflict of interest, the Company and each Member hereby expressly waive any such conflict of interest. Upon creation of the Company, the Company shall only be represented by counsel in accordance with Section 2.02(i) 2.02 above.

Appears in 1 contract

Samples: Limited Liability Company Agreement (KBS Strategic Opportunity REIT II, Inc.)

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Waiver of Conflict of Interest. The Company is not represented by separate counsel; provided, however, in connection with the formation of the Company and the drafting and negotiation of this Agreement, JV Member and the Company (and not KBS) have been represented by Glast, Xxxxxxxx Xxxxxx & Xxxxxx, P.C.Xxxxxx LLP, Attention, Xxx Xxxx X. XxxxXxxxxx, and KBS (and not JV Member or the Company) has been represented by Xxxxxxxxx Xxxxxxx, Xxxxxxxx Xxxxxx Xxxxxxx & Xxxxxxx LLP, Attention, Xxxxx Xxxxxxxxx. To the extent that the foregoing representation constitutes a conflict of interest, the Company and each Member hereby expressly waive any such conflict of interest. Upon creation of the Company, the Company shall only be represented by counsel in accordance with Section 2.02(i) 2.02 above.

Appears in 1 contract

Samples: Limited Liability Company Agreement (KBS Strategic Opportunity REIT II, Inc.)

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