Accounting and Other Administrative Services. (a) Provide the day-to-day management of the Company and perform and supervise the various administrative functions reasonably necessary for the management of the Company;
(b) From time to time, or at any time reasonably requested by the Board, make reports to the Board on the Advisor’s performance of services to the Company under this Agreement;
(c) Make reports to the Conflicts Committee each quarter of the investments that have been made by other programs sponsored by the Advisor or any of its Affiliates, including KBS Realty Advisors LLC, as well as any investments that have been made by the Advisor or any of its Affiliates directly;
(d) Provide or arrange for any administrative services and items, legal and other services, office space, office furnishings, personnel and other overhead items necessary and incidental to the Company’s business and operations;
(e) Provide financial and operational planning services;
(f) Maintain accounting and other record-keeping functions at the Company and investment levels, including information concerning the activities of the Company as shall be required to prepare and to file all periodic financial reports, tax returns and any other information required to be filed with the SEC, the Internal Revenue Service and any other regulatory agency;
(g) Maintain and preserve all appropriate books and records of the Company;
(h) Provide tax and compliance services and coordinate with appropriate third parties, including the Company’s independent auditors and other consultants, on related tax matters;
(i) Provide the Company with all necessary cash management services;
(j) Manage and coordinate with the transfer agent the dividend process and payments to Stockholders;
(k) Consult with the Company’s officers and the Board and assist the Board in evaluating and obtaining adequate insurance coverage based upon risk management determinations;
(l) Provide the Company’s officers and the Board with timely updates related to the overall regulatory environment affecting the Company, as well as managing compliance with such matters, including but not limited to compliance with the Xxxxxxxx-Xxxxx Act of 2002;
(m) Consult with the Company’s officers and the Board relating to the corporate governance structure and appropriate policies and procedures related thereto;
(n) Perform all reporting, record keeping, internal controls and similar matters in a manner to allow the Company to comply with applicable law, including federal and state sec...
Accounting and Other Administrative Services. The Manager shall:
(i) manage and perform the various administrative functions necessary for the day-to-day operations of the Company;
(ii) provide or arrange for administrative services, legal services, office space, office furnishings, personnel and other overhead items necessary and incidental to the Company’s business and operations;
(iii) provide financial and operational planning services and portfolio management functions;
(iv) maintain accounting data and any other information concerning the activities of the Company as shall be required to prepare and file all periodic financial reports and returns required to be filed with the Commission and any other regulatory agency, including annual financial statements;
(v) maintain all appropriate books and records of the Company;
(vi) oversee tax and compliance services and risk management services and coordinate with appropriate third parties, including independent accountants and other consultants, on related tax matters;
(vii) make, change, and revoke such tax elections on behalf of the Company as the Manager deems appropriate, including, without limitation, (i) making an election be treated as a REIT or to revoke such status and (ii) making an election to be classified as an association taxable as a corporation for U.S. federal income tax purposes;
(viii) supervise the performance of such ministerial and administrative functions as may be necessary in connection with the daily operations of the Company;
(ix) provide the Company with all necessary cash management services;
(x) manage and coordinate with the Transfer Agent (if any) the process of making distributions and payments to Members;
(xi) evaluate and obtain adequate insurance coverage based upon risk management determinations;
(xii) provide timely updates related to the overall regulatory environment affecting the Company, as well as managing compliance with regulatory matters;
(xiii) evaluate the corporate governance structure of the Company and appropriate policies and procedures related thereto; and
(xiv) oversee all reporting, record keeping, internal controls and similar matters in a manner to allow the Company to comply with applicable law.
Accounting and Other Administrative Services. The Manager shall:
(i) manage and perform the various administrative functions necessary for the day-to-day operations of the Company;
(ii) provide or arrange for administrative services, legal services, office space, office furnishings, personnel and other overhead items necessary and incidental to the Company’s business and operations;
(iii) provide financial and operational planning services;
(iv) maintain accounting data and any other information concerning the activities of the Company as shall be required to prepare and file all periodic financial reports and returns required to be filed with the Commission and any other regulatory agency, including annual financial statements;
(v) maintain all appropriate books and records of the Company;
(vi) oversee tax and compliance services and risk management services and coordinate with appropriate third parties, including independent accountants and other consultants, on related tax matters;
(vii) make, change, and revoke such tax elections on behalf of the Company as the Manager deems appropriate;
(viii) supervise the performance of such ministerial and administrative functions as may be necessary in connection with the daily operations of the Company;
(ix) manage and coordinate with the Transfer Agent (if any) the process of making distributions and payments to Members; and
(x) oversee all reporting, record keeping, internal controls and similar matters in a manner to allow the Company to comply with applicable law.
Accounting and Other Administrative Services. The Advisor shall:
(i) manage and perform the various administrative functions necessary for the management of the day-to-day operations of the Company;
(ii) investigate, select, and, on behalf of the Company, engage and conduct business with such Persons as the Advisor deems necessary to the proper performance of its obligations hereunder, including but not limited to consultants, accountants, lenders, technical advisors, attorneys, brokers, underwriters, corporate fiduciaries, escrow agents, depositaries, custodians, agents for collection, insurers, insurance agents, developers, construction companies, Property Managers and any and all Persons acting in any other capacity deemed by the Advisor necessary or desirable for the performance of any of the foregoing services;
(iii) from time-to-time, or at any time reasonably requested by the Board, make reports to the Board on the Advisor’s performance of services to the Company under this Agreement;
(iv) coordinate with the Company’s independent accountants and auditors to prepare and deliver to the Company’s audit committee an annual report covering the Advisor’s compliance in all material respects with this Agreement;
(v) provide or arrange for administrative, legal and other support services, office space, office furnishings, personnel and other overhead items necessary and incidental to the Company’s business and operations;
Accounting and Other Administrative Services. (i) From time to time, or at any time reasonably requested by the Board, make reports to the Board on the Advisor’s performance of services to the Company and the Operating Partnership under this Agreement;
(ii) Make reports to the Independent Directors each quarter of the investments that have been made by other programs sponsored by the Advisor or any of its Affiliates, as well as any investments that have been made by the Advisor or any of its Affiliates directly, in each case to the extent such investments constitute a conflict of interest or a potential conflict of interest with the investment policies and objectives of the Company;
(iii) Manage and coordinate with the transfer agent the monthly distributions process and payments to Stockholders;
(iv) Consult with the Company’s officers and the Board and assist the Board in evaluating and obtaining adequate insurance coverage based upon risk management determinations;
(v) Provide the Company’s officers and the Board with timely updates related to the overall regulatory environment affecting the Company, as well as managing compliance with such matters, including compliance with the Sarbanes‑Oxley Act of 2002;
(vi) Consult with the Company’s officers and the Board relating to the corporate governance structure and appropriate policies and procedures related thereto;
(vii) Perform all reporting, record keeping, internal controls and similar matters in a manner to allow the Company to comply with applicable law, including federal and state securities laws and the Xxxxxxxx-Xxxxx Act of 2002;
(viii) Notwithstanding the foregoing or anything else that may be to the contrary in this Agreement, the Advisor may delegate any of the foregoing duties to any Person so long as the Advisor or its Affiliate remains responsible for the performance of the duties set forth in this Section 4.
Accounting and Other Administrative Services. Provide the day-to-day management of the Company and perform and supervise the various administrative functions reasonably necessary for the management of the Company;
Accounting and Other Administrative Services. The Manager shall:
(i) manage and perform the various administrative functions necessary for the day-to-day operations of the Company;
(ii) provide or arrange for administrative services, legal services, office space, office furnishings, personnel and other overhead items necessary and incidental to the Company’s business and operations;
(iii) provide financial and operational planning services and portfolio management functions;
(iv) maintain accounting data and any other information concerning the activities of the Company as shall be required to prepare and file all periodic financial reports and returns required to be filed with the Commission and any other regulatory agency, including annual financial statements;
(v) maintain all appropriate books and records of the Company;
(vi) oversee tax and compliance services and risk management services and coordinate with appropriate third parties, including independent accountants and other consultants, on related tax matters;
(vii) make, change, and revoke such tax elections on behalf of the Company as the Manager deems appropriate;
(viii) supervise the performance of such ministerial and administrative functions as may be necessary in connection with the daily operations of the Company;
(ix) provide the Company with all necessary cash management services;
(x) evaluate and obtain adequate insurance coverage based upon risk management determinations;
(xi) provide timely updates related to the overall regulatory environment affecting the Company, as well as managing compliance with regulatory matters;
(xii) evaluate the corporate governance structure of the Company and appropriate policies and procedures related thereto; and
(xiii) oversee all reporting, record keeping, internal controls and similar matters in a manner to allow the Company to comply with applicable law.
Accounting and Other Administrative Services. The Manager shall:
i. manage and perform the various administrative functions necessary for the day-to-day operations of the Company;
ii. provide or arrange for administrative services, legal services, office space, office furnishings, personnel and other overhead items necessary and incidental to the Company’s business and operations;
iii. provide financial and operational planning services and portfolio management functions;
iv. maintain accounting data and any other information concerning the Company’s activities as will be required to prepare and to file all periodic financial reports and returns required to be filed with the Commission and any other regulatory agency, including annual financial statements;
v. maintain all appropriate books and records of the Company;
vi. oversee tax and compliance services and risk management services and coordinate with appropriate third parties, including independent accountants and other consultants, on related tax matters;
vii. supervise the performance of such ministerial and administrative functions as may be necessary in connection with the Company’s daily operations;
viii. provide the Company with all necessary cash management services;
ix. manage and coordinate with the Transfer Agent, if any, the process of making distributions and payments to Members;
x. evaluate and obtain adequate insurance coverage based upon risk management determinations;
xi. provide timely updates related to the overall regulatory environment affecting the Company, as well as managing compliance with regulatory matters;
xii. evaluate the corporate governance structure of the Company and appropriate policies and procedures related thereto; and
xiii. oversee all reporting, record keeping, internal controls and similar matters in a manner to allow the Company to comply with applicable law.
Accounting and Other Administrative Services. The Manager shall:
(i) manage and perform the various administrative functions necessary for the day-to-day operations of the Company;
(ii) provide or arrange for administrative services, legal services, office space, office furnishings, personnel and other overhead items necessary and incidental to the Company’s business and operations;
(iii) provide financial and operational planning services and portfolio management functions;
(iv) maintain accounting data and any other information concerning the activities of the Company as shall be required to prepare and file all periodic financial reports and returns required to be filed with the Commission and any other regulatory agency, including annual financial statements;
Accounting and Other Administrative Services. The Manager shall:
(i) manage and perform the various administrative functions necessary for the day-to-day operations of the Company;
(ii) calculate and prepare the monthly NAV of the Company;
(iii) assist in the establishment of valuation guidelines in connection with the monthly NAV calculation;
(iv) provide or arrange for administrative services, legal services, office space, office furnishings, personnel and other overhead items necessary and incidental to the Company’s business and operations;
(v) provide financial and operational planning services and portfolio management functions;
(vi) maintain accounting data and any other information concerning the activities of the Company as shall be required to prepare and file all periodic financial reports and returns required to be filed with the Commission and any other regulatory agency, including annual financial statements;
(vii) oversee tax and compliance services and risk management services and coordinate with appropriate third parties, including independent accountants and other consultants, on related tax matters;
(viii) make, change, and revoke such tax elections on behalf of the Company as the Manager deems appropriate, including, without limitation, (i) making an election be treated as a REIT or to revoke such status and (ii) making an election to be classified as an association taxable as a corporation for U.S. federal income tax purposes;
(ix) supervise the performance of such ministerial and administrative functions as may be necessary in connection with the daily operations of the Company;
(x) provide the Company with all necessary cash management services;
(xi) manage and coordinate with the Transfer Agent (if any) the process of making distributions and payments to Members; and
(xii) evaluate and obtain adequate insurance coverage based upon risk management determinations.
