Appointment of the Property Manager. The Managing Member exercises ultimate authority over the Series Assets. Pursuant to Section 5.3, the Managing Member has the right to delegate its responsibilities under this Agreement in respect of the management of the Series Assets to a Property Manager.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Tirios Propco Series LLC), Limited Liability Company Agreement (Tirios Propco Series LLC), Series Limited Liability Company Agreement (Tirios Propco Series LLC)
Appointment of the Property Manager. The Managing Member Manager exercises ultimate authority over the Series Assets. Pursuant to Section 5.3, the Managing Member Manager has the right to delegate its responsibilities under this Agreement in respect of the management of the Series Assets to a Property Manager.
Appears in 1 contract
Samples: Series Limited Liability Company Agreement (Emporium Realty Fund I, LLC)
