Bank Accounts. At the direction of the Board of Directors, the Manager may establish and maintain one or more bank accounts in the name of the Company or any Subsidiary (any such account, a “Company Account”), and may collect and deposit funds into any such Company Account or Company Accounts, and disburse funds from any such Company Account or Company Accounts, under such terms and conditions as the Board of Directors may approve; and the Manager shall from time to time render appropriate accountings of such collections and payments to the Board of Directors and, upon request, to the auditors of the Company or any Subsidiary.
Appears in 61 contracts
Samples: Management Agreement (GSC Capital Corp), Management Agreement (Annaly Capital Management Inc), Form of Management Agreement (Bayview Mortgage Capital, Inc.)
Bank Accounts. At the direction of the Board of Directors, the Manager may establish and maintain one or more bank accounts in the name of the Company or any Subsidiary (any such account, a “Company Account”)Subsidiary, and may collect and deposit funds into any such Company Account account or Company Accountsaccounts, and disburse funds from any such Company Account account or Company Accountsaccounts, under such terms and conditions as the Board of Directors may approve; and the Manager shall from time to time render appropriate accountings of such collections and payments to the Board of Directors and, upon request, to the auditors of the Company or any Subsidiary.
Appears in 23 contracts
Samples: Management Agreement (American Capital Mortgage Investment Corp.), Management Agreement (American Capital Mortgage Investment Corp.), Management Agreement (JER Investors Trust Inc)
Bank Accounts. At the direction of the Board of Directors, the Manager may establish and maintain as an agent on behalf of the Company one or more bank accounts in the name of the Company or any other Subsidiary (any such account, a “Company Account”), and may collect and deposit funds into any such Company Account or Company Accounts, and disburse funds from any such Company Account or Company AccountsAccount, under such terms and conditions as the Board of Directors may approve; and the . The Manager shall from time to time-to-time render appropriate accountings of such collections and payments to the Board of Directors and, upon request, to the auditors of the Company or any SubsidiaryCompany.
Appears in 15 contracts
Samples: Management Agreement (Ellington Financial LLC), Management Agreement (Ellington Financial LLC), Management Agreement (Consolidated Tomoka Land Co)
Bank Accounts. At the direction of the Board of DirectorsBoard, the Manager may establish and maintain one or more bank accounts in the name of the any Company or any Subsidiary (any such account, a “Company Account”)Entity, and may collect and deposit funds into any such Company Account account or Company Accountsaccounts, and disburse funds from any such Company Account account or Company Accountsaccounts, under such policies, terms and conditions as the Company may establish and the Board of Directors may approve; and , provided that no funds shall be commingled with the funds of the Manager or its Affiliates. The Manager shall from time to time render appropriate accountings of such collections and payments to the Board of Directors and, upon request, shall provide information regarding such account to the auditors of the Company or any SubsidiaryCompany’s auditors.
Appears in 10 contracts
Samples: Management Agreement (Preferred Apartment Communities Inc), Management Agreement (Preferred Apartment Communities Inc), Management Agreement (Wheeler Real Estate Investment Trust, Inc.)
Bank Accounts. At the direction of the Board of Directors, the Manager may establish and maintain one or more bank accounts in the name of the Company or any Subsidiary (any such account, a “"Company Account”"), and may collect and deposit funds into any such Company Account or Company Accounts, and disburse funds from any such Company Account or Company Accounts, under such terms and conditions as the Board of Directors may approve; and the Manager shall from time to time render appropriate accountings of such collections and payments to the Board of Directors and, upon request, to the auditors of the Company or any Subsidiary.
Appears in 9 contracts
Samples: Management Agreement (ZAIS Financial Corp.), Termination Agreement (ZAIS Financial Corp.), Management Agreement (ZAIS Financial Corp.)
Bank Accounts. At the direction of the Board of DirectorsBoard, the Manager may establish and maintain maintain, as agent on behalf of the Company, one or more bank accounts in the name of the Company or any Subsidiary (any such account, a “Company Account”)Subsidiary, and may collect and deposit funds into any such Company Account account or Company Accountsaccounts, and disburse funds from any such Company Account account or Company Accountsaccounts, under such terms and conditions as the Board of Directors may approve; and the Manager shall from time to time render appropriate accountings of such collections and payments to the Board of Directors and, upon request, to the auditors of the Company or any Subsidiary.
Appears in 9 contracts
Samples: Management Agreement (LoanCore Realty Trust, Inc.), Management Agreement (Capital Trust Inc), Management Agreement (Blackstone Mortgage Trust, Inc.)
Bank Accounts. At the direction of the Board of DirectorsBoard, the Manager may establish and maintain one or more bank accounts in the name of the any Company or any Subsidiary (any such account, a “Company Account”)Entity, and may collect and deposit funds into any such Company Account account or Company Accountsaccounts, and disburse funds from any such Company Account account or Company Accountsaccounts, under such terms and conditions as the Board of Directors may approve; and the Manager shall from time to time render appropriate accountings of such collections and payments to the Board of Directors and, upon request, to the auditors of the Company or any SubsidiaryCompany’s auditors.
Appears in 9 contracts
Samples: Management Agreement (HC Government Realty Trust, Inc.), Management Agreement (Medalist Diversified REIT, Inc.), Management Agreement (Bluerock Residential Growth REIT, Inc.)
Bank Accounts. At the direction of the Board of Directors, the Manager may establish and maintain as an agent on behalf of the Company, one or more bank accounts in the name of the Company or any Subsidiary (any such account, a “Company Account”), and may collect and deposit funds into any such Company Account or Company Accounts, and disburse funds from any such Company Account or Company Accounts, under such terms and conditions as the Board of Directors may approve; and the Manager shall from time to time render appropriate accountings of such collections and payments to the Board of Directors and, upon request, to the auditors of the Company or any Subsidiary.
Appears in 8 contracts
Samples: Management Agreement (Colony NorthStar, Inc.), Management Agreement (Colony NorthStar Credit Real Estate, Inc.), Limited Liability Company Agreement (NorthStar Real Estate Income II, Inc.)
Bank Accounts. At the direction of the Board of DirectorsTrustees, the Manager may establish and maintain one or more bank accounts in the name of the Company Trust or any Subsidiary (any such account, a “Company Trust Account”), and may collect and deposit funds into any such Company Account account or Company Accountsaccounts, and disburse funds from any such Company Account account or Company Accountsaccounts, under such terms and conditions as the Board of Directors Trustees may approve; and the Manager shall from time to time render appropriate accountings of such collections and payments to the Board of Directors Trustees and, upon request, to the auditors of the Company Trust or any Subsidiary.
Appears in 8 contracts
Samples: Management Agreement (PennyMac Mortgage Investment Trust), Management Agreement (PennyMac Mortgage Investment Trust), Management Agreement (Pennymac Financial Services, Inc.)
Bank Accounts. At the direction of the Board of Directors, the Manager may establish and maintain one or more bank accounts in the name of the Company or any Subsidiary (any such account, a “Company Account”)subsidiary of the Company, and may collect and deposit funds into any such Company Account account or Company Accountsaccounts, and disburse funds from any such Company Account account or Company Accountsaccounts, under such terms and conditions as the Board of Directors may approve; and the Manager shall from time to time render appropriate accountings of such collections and payments to the Board of Directors and, upon request, to the auditors of the Company or any Subsidiarysubsidiary of the Company.
Appears in 8 contracts
Samples: Management Agreement (Specialty Trust Inc), Management Agreement (Specialty Trust Inc), Management Agreement (American Residential Investment Trust Inc)
Bank Accounts. At the direction of the Board of Directors, the Manager may establish and maintain one or more bank accounts in the name of the Company or any Subsidiary (any such account, a “Company Account”), and may collect and deposit funds into any such Company Account or Company Accounts, and disburse funds from any such Company Account or Company Accounts, under such terms and conditions as the Board of Directors may approve; and the Manager shall shall, from time to time and upon request, render appropriate accountings of such collections and payments to the Board of Directors and, upon request, and to the auditors of the Company or any Subsidiary.
Appears in 6 contracts
Samples: Management Agreement (Exantas Capital Corp.), Management Agreement (Resource Capital Corp.), Management Agreement (Resource Capital Corp.)
Bank Accounts. At the direction of the Board of DirectorsBoard, the Manager may establish and maintain one or more bank accounts in the name of the Company or any Subsidiary (any such account, a “Company Account”)Subsidiary, and may collect and deposit funds into any such Company Account account or Company Accountsaccounts, and disburse funds from any such Company Account account or Company Accountsaccounts, under such terms and conditions as the Board of Directors may approve; and the Manager shall from time to time render appropriate accountings of such collections and payments to the Board of Directors and, upon request, to the auditors of the Company or any Subsidiary.
Appears in 6 contracts
Samples: Management Agreement (Starwood Waypoint Residential Trust), Management Agreement (Acre Realty Investors Inc), Stock Purchase Agreement (Roberts Realty Investors Inc)
Bank Accounts. At the direction of the Board of DirectorsDirectors or the Company’s Chief Financial Officer, the Manager may establish and maintain as an agent on behalf of the Company one or more bank accounts in the name of the Company or any Subsidiary (any such account, a “Company Account”), and may collect and deposit funds into any such Company Account or Company Accounts, and disburse funds from any such Company Account or Company AccountsAccount, under such terms and conditions as the Board of Directors may approve; and the Manager shall from time to time render appropriate accountings of such collections and payments to the Board of Directors and, upon request, to the auditors of the Company or any Subsidiary.
Appears in 5 contracts
Samples: Management Agreement (Colony Financial, Inc.), Management Agreement (Colony Financial, Inc.), Management Agreement (Colony Financial, Inc.)
Bank Accounts. At the direction of the Board of DirectorsTrustees, the Manager may establish and maintain as an agent on behalf of the Company one or more bank accounts in the name of the Company or any Subsidiary (any such account, a “Company Account”), and may collect and deposit funds into any such Company Account or Company Accounts, and disburse funds from any such Company Account or Company AccountsAccount, under such terms and conditions as the Board of Directors Trustees may approve; and the . The Manager shall from time to time-to-time render appropriate accountings of such collections and payments to the Board of Directors Trustees and, upon request, to the auditors of the Company or any Subsidiary.
Appears in 5 contracts
Samples: Management Agreement (Ellington Residential Mortgage REIT), Management Agreement (Ellington Residential Mortgage REIT), Management Agreement (Ellington Residential Mortgage REIT)
Bank Accounts. At the direction of the Board of DirectorsBoard, the Manager may establish and maintain one or more bank accounts in the name of the Company or any Subsidiary (any such account, a “Company Account”)Subsidiary, and may collect and deposit funds into any such Company Account account or Company Accountsaccounts, and disburse funds from any such Company Account account or Company Accountsaccounts, under such policies, terms and conditions as the Company may establish and the Board of Directors may approve; and the . The Manager shall from time to time render appropriate accountings of such collections and payments to the Board of Directors and, upon request, shall provide information regarding such accountings to the auditors of the Company or any Subsidiary.
Appears in 5 contracts
Samples: Management Agreement (American Realty Capital Properties, Inc.), Management Agreement (American Realty Capital Properties, Inc.), Agreement and Plan of Merger (American Realty Capital Trust III, Inc.)
Bank Accounts. At the direction of the Board of Directors, the Manager may establish and maintain as an agent on behalf of the Company one or more bank accounts in the name of the Company Parent and the Operating Partnership or any other Subsidiary (any such account, a “Company Account”), and may collect and deposit funds into any such Company Account or Company Accounts, and disburse funds from any such Company Account or Company AccountsAccount, under such terms and conditions as the Board of Directors may approve; and the . Manager shall from time to time-to-time render appropriate accountings of such collections and payments to the Board of Directors and, upon request, to the auditors of the Company or any SubsidiaryCompany.
Appears in 5 contracts
Samples: Management Agreement (Sl Green Realty Corp), Management Agreement (Gramercy Capital Corp), Management Agreement (Sl Green Realty Corp)
Bank Accounts. At the direction of the Board of Directors, the Manager may establish and maintain one or more bank accounts in the name of the Company or any Subsidiary (any such account, a “Company Account”), and may collect and deposit funds into any such Company Account account or Company Accountsaccounts, and disburse funds from any such Company Account account or Company Accountsaccounts, under such terms and conditions as the Board of Directors may approve; and the Manager shall from time to time render appropriate accountings of such collections and payments to the Board of Directors and, upon request, to the auditors of the Company or any Subsidiary.
Appears in 5 contracts
Samples: Management Agreement (Angel Oak Mortgage, Inc.), Management Agreement (AG Mortgage Investment Trust, Inc.), Management Agreement (Angel Oak Mortgage, Inc.)
Bank Accounts. At the direction of the Board of DirectorsBoard, the Manager may establish and maintain one or more bank accounts in the name of the Company or any Subsidiary (any such account, a “Company Account”), and may collect and deposit funds into any such Company Account account or Company Accountsaccounts, and disburse funds from any such Company Account account or Company Accountsaccounts, under such terms and conditions as the Board of Directors may approve; provided that no funds shall be commingled with the funds of the Manager and the Manager shall from time to time render appropriate accountings of such collections and payments to the Board of Directors and, upon request, to the auditors of the Company or any SubsidiaryCompany.
Appears in 4 contracts
Samples: Management Agreement (AFC Gamma, Inc.), Management Agreement (Chicago Atlantic Real Estate Finance, Inc.), Management Agreement (AFC Gamma, Inc.)
Bank Accounts. At the direction of the Board of Directors, the Manager may establish and maintain as an agent on behalf of the Company one or more bank accounts in the name of the Company or any Subsidiary (any such account, a “Company Account”), and may collect and deposit funds into any such Company Account or Company Accounts, and disburse funds from any such Company Account or Company AccountsAccount, under such terms and conditions as the Board of Directors may approve; and the . The Manager shall from time to time-to-time render appropriate accountings of such collections and payments to the Board of Directors and, upon request, to the auditors of the Company or any SubsidiaryCompany.
Appears in 4 contracts
Samples: Management Agreement (Ellington Financial LLC), Management Agreement (Ellington Financial LLC), Management Agreement (Ellington Financial LLC)
Bank Accounts. At the direction of the The Board of Directors, Directors hereby directs the Manager may to establish and maintain one or more bank accounts in the name of the Company or any Subsidiary Acquired Companies (any such account, a “Company Account”), and may to collect and deposit funds into any such Company Account or Company Accounts, and disburse funds from any such Company Account or Company Accounts, under such terms and conditions as the Board of Directors may approvedirect from time to time; and the Manager shall from time to time render appropriate accountings of such collections and payments to the Board of Directors and, upon request, to the auditors of the Company or any Subsidiarythe Acquired Companies.
Appears in 3 contracts
Samples: Management and Advisory Agreement (New Media Investment Group Inc.), Management and Advisory Agreement (GateHouse Media, Inc.), Management and Advisory Agreement (New Media Investment Group Inc.)
Bank Accounts. At the direction of the Board of DirectorsBoard, the Manager may establish and maintain one or more bank accounts in the name of the Company or any Subsidiary (any such account, a “Company Account”), and may collect and deposit funds into any such Company Account account or Company Accountsaccounts, and disburse funds from any such Company Account account or Company Accountsaccounts, under such terms and conditions as the Board of Directors may approve; and the Manager shall from time to time render appropriate accountings of such collections and payments to the Board of Directors and, upon request, to the auditors of the Company or any SubsidiaryCompany.
Appears in 3 contracts
Samples: Management Agreement (Ares Commercial Real Estate Corp), Management Agreement (Ares Commercial Real Estate Corp), Management Agreement (Ares Commercial Real Estate Corp)
Bank Accounts. At the direction of the Board of Directors, the Manager may establish and maintain one or more bank accounts in the name of the Company REIT or any Subsidiary (any such account, a “Company Account”)Subsidiary, and may collect and deposit funds into any such Company Account account or Company Accountsaccounts, and disburse funds from any such Company Account account or Company Accountsaccounts, under such terms and conditions as the Board of Directors may approve; and the Manager shall from time to time render appropriate accountings of such collections and payments to the Board of Directors and, upon request, to the auditors of the Company REIT or any Subsidiary.
Appears in 2 contracts
Samples: Form of Management Agreement (Ocwen Asset Investment Corp), Management Agreement (Ocwen Asset Investment Corp)
Bank Accounts. At the direction of the Board of Directors, the Manager may establish and maintain as an agent on behalf of the Company one or more bank accounts in the name of the Company Parent and the Operating Partnership or any other Subsidiary (any such account, a “"Company Account”"), and may collect and deposit funds into any such Company Account or Company Accounts, and disburse funds from any such Company Account or Company AccountsAccount, under such terms and conditions as the Board of Directors may approve; and the . Manager shall from time to time-to-time render appropriate accountings of such collections and payments to the Board of Directors and, upon request, to the auditors of the Company or any SubsidiaryCompany.
Appears in 2 contracts
Samples: Management Agreement (Gramercy Capital Corp), Management Agreement (Gramercy Capital Corp)
Bank Accounts. At the direction of the Board of DirectorsBoard, the Manager may establish and maintain one or more bank accounts in the name of the Company or any Subsidiary (any such account, a “"Company Account”"), and may collect and deposit funds into any such Company Account account or Company Accountsaccounts, and disburse funds from any such Company Account account or Company Accountsaccounts, under such terms and conditions as the Board of Directors may approve; and the Manager shall from time to time render appropriate accountings of such collections and payments to the Board of Directors and, upon request, to the auditors of the Company or any SubsidiaryCompany.
Appears in 2 contracts
Samples: Management Agreement (Ares Commercial Real Estate Corp), Management Agreement (Ares Commercial Real Estate Corp)
Bank Accounts. At the direction of the Board of Directors, the Manager may establish and maintain one or more bank accounts in the name of the Company or any Subsidiary (any such account, a “Company Account”), and may collect and deposit funds (or cause the Company to collect and deposit) into any such Company Account account or Company Accountsaccounts, and disburse funds from any such Company Account account or Company Accountsaccounts, under such terms and conditions as the Board of Directors may approve; , and the Manager shall from time to time render appropriate accountings of such collections and payments to the Board of Directors and, upon request, to the auditors of the Company or any Subsidiary.
Appears in 2 contracts
Samples: Management Agreement (Hunt Companies Finance Trust, Inc.), Management Agreement (Five Oaks Investment Corp.)
Bank Accounts. At the direction of the Board of DirectorsBoard, the Manager may establish and maintain one or more bank accounts in the name of the Company or any Subsidiary (any such account, a “Company Account”), and may collect and deposit funds into any such Company Account or Company Accounts, and disburse funds from any such Company Account or Company Accounts, under such terms and conditions as the Board of Directors may approve; and the Manager shall from time to time render appropriate accountings of such collections and payments to the Board of Directors and, upon request, to the auditors of the Company or any SubsidiaryCompany.
Appears in 2 contracts
Samples: Management Agreement (Granite Point Mortgage Trust Inc.), Management Agreement (Granite Point Mortgage Trust Inc.)
Bank Accounts. At the direction of the Board of Directors, the Manager may establish and maintain one or more bank accounts in the name of the Company or any Subsidiary (any such account, a “Company Account”)Company, and may collect and deposit funds into any such Company Account or Company Accountsinto, and disburse funds from from, any such Company Account account or Company Accountsaccounts, under such terms and conditions as the Board of Directors may approve; and the Manager shall from time to time render appropriate accountings of such collections and payments to the Board of Directors and, upon requestrequest by the Company, to the auditors of the Company or any SubsidiaryCompany.
Appears in 2 contracts
Samples: Management Agreement (Thornburg Mortgage Inc), Management Agreement (Thornburg Mortgage Inc)
Bank Accounts. At the direction of the Board of Directors, the ------------- Manager may establish and maintain one or more bank accounts in the name of the Company or any Subsidiary (any such account, a “Company Account”)Subsidiary, and may collect and deposit funds into any such Company Account account or Company Accountsaccounts, and disburse funds from any such Company Account account or Company Accountsaccounts, under such terms and conditions as the Board of Directors may approve; and the Manager shall from time to time render appropriate accountings of such collections and payments to the Board of Directors and, upon request, to the auditors of the Company or any Subsidiary.
Appears in 2 contracts
Samples: Management Agreement (Wilshire Real Estate Investment Trust Inc), Management Agreement (Wilshire Financial Services Group Inc)
Bank Accounts. At the direction of the Board of Directors, the Manager may establish and maintain one or more bank accounts in the name of the Company or any Subsidiary (any such account, a ““ Company AccountAccount ”), and may collect and deposit funds into any such Company Account or Company Accounts, and disburse funds from any such Company Account or Company Accounts, under such terms and conditions as the Board of Directors may approve; and the Manager shall from time to time render appropriate accountings of such collections and payments to the Board of Directors and, upon request, to the auditors of the Company or any Subsidiary.
Appears in 2 contracts
Samples: Management Agreement (Sutioc Enterprises, Inc), Management Agreement (Us Wireless Online Inc)
Bank Accounts. At the direction of the Board of Directors, the Manager may establish and maintain one or more bank accounts in the name of the Company or any Subsidiary (any such account, a “Company Account”)Company, and may collect and deposit funds into any such Company Account account or Company Accountsaccounts, and disburse funds from any such Company Account account or Company Accountsaccounts, under such terms and conditions as the Board of Directors may approve; and the Manager shall from time to time render appropriate accountings of such collections and payments to the Board of Directors and, upon request, to the auditors of the Company or any SubsidiaryCompany.
Appears in 2 contracts
Samples: Agreement to Extend Management Agreement (Friedman Billings Ramsey Group Inc), Management Agreement (FBR Asset Investment Corp Md)
Bank Accounts. At the direction of the Board of Directors, the ------------- Manager may establish and maintain one or more bank accounts in the name of the Company or any Subsidiary (any such account, a “Company Account”)subsidiary of the Company, and may collect and deposit funds into any such Company Account account or Company Accountsaccounts, and disburse funds from any such Company Account account or Company Accountsaccounts, under such terms and conditions as the Board of Directors may approve; and the Manager shall from time to time render appropriate accountings of such collections and payments to the Board of Directors and, upon request, to the auditors of the Company or any Subsidiarysubsidiary of the Company.
Appears in 1 contract
Bank Accounts. At the direction of the Board of Directors, the ------------- Manager may establish and maintain one or more bank accounts in the name of the Company or any Subsidiary (any such account, a “Company Account”)of its Subsidiaries, and may collect and deposit funds into any such Company Account account or Company Accountsaccounts, and disburse funds from any such Company Account account or Company Accountsaccounts, under such terms and conditions as the Board of Directors may approve; and the Manager shall from time to time render appropriate accountings of such collections and payments to the Board of Directors and, upon request, to the auditors of the Company or any Subsidiaryof its Subsidiaries.
Appears in 1 contract
Samples: Management Agreement (Healthcare Financial Partners Inc)
Bank Accounts. At the direction of the Board of Directors, the Manager may establish and maintain one or more bank accounts in the name of the Company REIT, the Operating Partnership, or any other Subsidiary (any such account, a “"Company Account”"), and may collect and deposit funds into any such Company Account or Company Accounts, and disburse funds from any such Company Account or Company Accounts, under such terms and conditions as the Board of Directors may approve; and the Manager shall from time to time render appropriate accountings of such collections and payments to the Board of Directors and, upon request, to the auditors of the Company REIT, the Operating Partnership or any other Subsidiary.
Appears in 1 contract
Samples: Management and Advisory Agreement (Fortress Investment Corp)
Bank Accounts. At the direction of the Board of Directors, the Manager may establish and maintain one or more bank accounts in the name of the Company or any Subsidiary (any such account, a “Company Account”)subsidiary of the Company, and may collect and deposit funds into any such Company Account account or Company Accountsaccounts, and disburse funds from any such Company Account account or Company Accountsaccounts, under such terms and conditions as the Board of Directors may approve; and the Manager shall from time to time render appropriate accountings of such collections and payments to the Board of Directors and, upon requestrequest by the Company, to the auditors of the Company or any Subsidiarysubsidiary of the Company.
Appears in 1 contract
Bank Accounts. At the direction of the Board of Directors, ------------- the Manager may establish and maintain one or more bank accounts in the name of the Company or any Subsidiary (any such account, a “Company Account”)subsidiary of the Company, and may collect and deposit funds into any such Company Account account or Company Accountsaccounts, and disburse funds from any such Company Account account or Company Accountsaccounts, under such terms and conditions as the Board of Directors may approve; and the Manager shall from time to time render appropriate accountings of such collections and payments to the Board of Directors and, upon requestrequest by the Company, to the auditors of the Company or any Subsidiarysubsidiary of the Company.
Appears in 1 contract
Samples: Management Agreement (Thornburg Mortgage Asset Corp)
Bank Accounts. At the direction of the Board of Directors, the Manager may establish and maintain one or more bank accounts in the name of the Company or any Subsidiary (any such account, a “Company Account”"COMPANY ACCOUNT"), and may collect and deposit funds into any such Company Account or Company Accounts, and disburse funds from any such Company Account or Company Accounts, under such terms and conditions as the Board of Directors may approve; and the Manager shall from time to time render appropriate accountings of such collections and payments to the Board of Directors and, upon request, to the auditors of the Company or any Subsidiary.
Appears in 1 contract
Samples: Management Agreement (Annaly Capital Management Inc)
Bank Accounts. At the direction of the Board of DirectorsBoard, the Manager may establish and maintain one or more bank accounts in the name of the any Company or any Subsidiary (any such account, a “Company Account”)Entity, and may collect and deposit funds into any such Company Account account or Company Accountsaccounts, and disburse funds from any such Company Account account or Company Accountsaccounts, under such policies, terms and conditions as the Company may establish and the Board of Directors may approve; and , provided that no funds shall be commingled with the funds of the Manager or its Affiliates. The Manager shall from time to time render appropriate accountings of such collections and payments to the Board of Directors and, upon request, shall provide information regarding such account to the auditors of the Company or any SubsidiaryCompany's auditors.
Appears in 1 contract
Samples: Management Agreement (Preferred Apartment Communities Inc)
Bank Accounts. At the direction of the Board of Directors, the The Manager may establish and maintain one or more bank accounts in the name of the Company or any Subsidiary (any such account, a “Company Account”), and may collect and deposit funds into any such Company Account or Company Accounts, and disburse funds from any such Company Account or Company Accounts, under such terms and conditions as the Board of Directors may approve; and the . The Manager shall from time to time render appropriate accountings of such collections and payments to the Board of Directors and, upon request, to the auditors of the Company or any Subsidiary.
Appears in 1 contract
Samples: Management and Advisory Agreement (Springleaf REIT Inc.)
Bank Accounts. At the direction of the Board of Directors, the Manager may establish and maintain one or more bank accounts in the name of the Company or any Subsidiary (any such account, a “Company Account”), and may collect and deposit funds into any such Company Table of Contents Account or Company Accounts, and disburse funds from any such Company Account or Company Accounts, under such terms and conditions as the Board of Directors may approve; and the Manager shall from time to time render appropriate accountings of such collections and payments to the Board of Directors and, upon request, to the auditors of the Company or any Subsidiary.
Appears in 1 contract
Samples: Management and Advisory Agreement (New Media Investment Group Inc.)
Bank Accounts. At the direction of the Board of Directors, the Manager may establish and maintain one or more bank accounts in the name of the Company Residential or any Subsidiary (any such account, a “Company Account”)Subsidiary, and may collect and deposit funds into any such Company Account account or Company Accountsaccounts, and and, subject to the provisions of this Agreement, disburse funds from any such Company Account account or Company Accountsaccounts, under such terms and conditions as the Board of Directors may approve; and the Manager shall from time to time render appropriate accountings of such collections and payments to the Board of Directors and, upon request, to the auditors of the Company Residential or any Subsidiary.
Appears in 1 contract
Samples: Asset Management Agreement (Altisource Residential Corp)
Bank Accounts. At the direction of the Board of Directors, the Manager may establish and and/or maintain one or more bank accounts in the name of the Company Partnership or any Subsidiary (any such account, a “Company Partnership Account”), and may collect and deposit funds into any such Company Partnership Account or Company Partnership Accounts, and disburse funds from any such Company Partnership Account or Company Partnership Accounts, under such terms and conditions as the Board of Directors may approve; and the Manager shall from time to time render appropriate accountings of such collections and payments to the Board of Directors and, upon request, to the auditors of the Company Partnership or any Subsidiary.
Appears in 1 contract
Bank Accounts. At the direction of the Board of Directors, the ------------- Manager may establish and maintain one or more bank accounts in the name of the Company or any Subsidiary (any such account, a “Company Account”)subsidiary of the Company, and may collect and deposit funds into any such Company Account account or Company Accountsaccounts, and disburse funds from any such Company Account account or Company Accountsaccounts, under such terms and conditions as the Board of Directors may approve; and the . The Manager shall from time to time render appropriate accountings of such collections and payments to the Board of Directors and, upon request, to the auditors of the Company or any Subsidiarysubsidiary of the Company.
Appears in 1 contract
Bank Accounts. At the direction of the Board of Directors, the Manager may establish and maintain one or more bank accounts in the name of the Company or any Subsidiary (any such account, a “Company Account”)Company, and may collect and deposit funds into any such Company Account account or Company Accountsaccounts, and disburse funds from any such Company Account account or Company Accountsaccounts, under such terms and conditions as the Board of Directors may approve; and the . The Manager shall from time to time render appropriate accountings of such collections and payments to the Board of Directors and, upon request, to the auditors of the Company or any SubsidiaryCompany.
Appears in 1 contract
Samples: Management Agreement (Hanover Capital Mortgage Holdings Inc)
Bank Accounts. At the direction of the Board of Directors, the Manager may establish and maintain one or more bank accounts in the name of the Company or any Subsidiary (any such account, a “Company Account”)of its Subsidiaries, and may collect and deposit funds into any such Company Account account or Company Accountsaccounts, and disburse funds from any such Company Account account or Company Accountsaccounts, under such terms and conditions as the Board of Directors may approve; and the Manager shall from time to time render appropriate accountings of such collections and payments to the Board of Directors and, upon request, to the auditors of the Company or any Subsidiaryof its Subsidiaries.
Appears in 1 contract
Samples: Management Agreement (Healthcare Financial Partners Reit Inc)
Bank Accounts. At the direction of the Board of Directors, the Manager may establish and maintain one or more bank accounts in the name of the Company or any Subsidiary (any such account, a “Company Account”), and may collect and deposit funds into any such Company Account or Company Accounts, and disburse funds from any such Company Account or Company AccountsAccount, under such terms and conditions as the Board of Directors may approve; and the Manager shall from time to time render AMR #149759-v12 appropriate accountings of such collections and payments to the Board of Directors and, upon request, to the auditors of the Company or any Subsidiary.
Appears in 1 contract
Samples: Management Agreement (Invesco Mortgage Capital Inc.)
Bank Accounts. At the direction of the Board of Directors, the Manager may establish and maintain one or more bank accounts in the name of the Company or any Subsidiary Companies (any such account, a “Company Account”), and may collect and deposit funds into any such Company Account or Company Accounts, and disburse funds from any such Company Account or Company Accounts, under such terms and conditions as the Board of Directors may approve; and the Manager shall from time to time render appropriate accountings of such collections and payments to the Board of Directors and, upon request, to the auditors of the Company or any SubsidiaryCompanies.
Appears in 1 contract
Bank Accounts. At the direction of the Board of Directors, the Manager may establish and maintain one or more bank accounts in the name of the Company or any Subsidiary (any such account, a “Company Account”), and may collect and deposit funds into any such Company Account or Company Accountsinto, and disburse funds from from, any such Company Account account or Company Accountsaccounts, under such terms and conditions as the Board of Directors may approve; and the Manager shall from time to time render appropriate accountings of such collections and payments to the Board of Directors and, upon requestrequest by the Company, to the auditors of the Company or any SubsidiaryCompany.
Appears in 1 contract
Samples: Management Agreement (Belvedere Trust Mortgage CORP)
Bank Accounts. At the direction of the Board of Directors, the Manager may establish and maintain one or more bank accounts in the name of the Company or any Subsidiary (any such account, a “"Company Account”"), and may collect and deposit funds into any such Company Account or Company Accounts, and disburse funds from any such Company Account or Company Accounts, under such terms and conditions as the Board of Directors may approve; and the Manager shall from time to time render appropriate accountings of such collections and payments to the Board of Directors and, upon request, to the auditors of the Company Co- pany or any Subsidiary.
Appears in 1 contract
Samples: Management and Advisory Agreement (Newcastle Investment Corp)
Bank Accounts. At the direction of the Board of Directors, the Manager may will establish and maintain one or more bank accounts in the name of the Company or any Subsidiary (any such account, a “Company Account”), and may will collect and deposit funds into any such Company Account or Company Accounts, and may disburse funds from any such Company Account or Company AccountsAccount, under such terms and conditions as the Board of Directors may approve; and the Manager shall from time to time render appropriate accountings of such collections and payments to the Board of Directors and, upon request, to the auditors of the Company or any Subsidiary.
Appears in 1 contract
Bank Accounts. At the direction of the Board of Directors, the Manager may establish collect and maintain one or more deposit funds into any bank accounts maintained in the name of the Company or any Subsidiary (any such account, a “Company Account”), and may collect and deposit funds into any such Company Account or Company Accounts, and disburse funds from any such Company Account or Company Accounts, under such terms and conditions as the Board of Directors may approveapprove in connection with the acquisition and management of Investments; and the Manager shall from time to time render appropriate accountings of such collections and payments to the Board of Directors and, upon request, to the Company’s Chief Financial Officer and the auditors of the Company or any Subsidiary.
Appears in 1 contract
Samples: Interim Management Agreement (Sunset Financial Resources Inc)
Bank Accounts. At the direction of the Board of Directors, the Manager may establish and maintain one or more bank accounts in the name of the Company Company, any Subsidiary or any Subsidiary Additional Party (any such account, a an “Company Account”), and may collect and deposit funds into any such Company Account or Company Accounts, and disburse funds from any such Company Account or Company Accounts, in accordance with the provisions of this Agreement and otherwise under such terms and conditions as the Board of Directors may approve; and the Manager shall from time to time render appropriate accountings of such collections and payments to the Board of Directors and, upon request, to the auditors of the Company or any Subsidiary.
Appears in 1 contract
Samples: Management Agreement (Tiptree Financial Partners, L.P.)
Bank Accounts. At the direction of the Board of Directors, the Manager may establish and maintain one or more bank accounts in the name of the Company or any Subsidiary (any such account, a “Company Account”), and may collect and deposit funds into any such Company Account or Company Accounts, and disburse funds from any such Company Account or Company AccountsAccount, under such terms and conditions as the Board of Directors may approve; and the Manager shall from time to time render appropriate accountings of such collections and payments to the Board of Directors and, upon request, to the auditors of the Company or any Subsidiary.
Appears in 1 contract
Samples: Form of Management Agreement (Invesco Mortgage Capital Inc.)
Bank Accounts. At the direction of the Board of Directors, the Manager ------------- may establish and maintain one or more bank accounts in the name of the Company or any Subsidiary (any such account, a “Company Account”)subsidiary of the Company, and may collect and deposit funds into any such Company Account account or Company Accountsaccounts, and disburse funds from any such Company Account account or Company Accountsaccounts, under such terms and conditions as the Board of Directors may approve; and the . The Manager shall from time to time render appropriate accountings of such collections and payments to the Board of Directors and, upon request, to the auditors of the Company or any Subsidiarysubsidiary of the Company.
Appears in 1 contract
