Common use of DUTIES OF THE ADVISOR Clause in Contracts

DUTIES OF THE ADVISOR. The Advisor is responsible for managing, operating, directing and supervising the operations and administration of the Company and its assets. The Advisor undertakes to use its best efforts to present to the Company potential investment opportunities and to provide the Company with a continuing and suitable investment program consistent with the investment objectives and policies of the Company as determined and adopted from time to time by the Board. Subject to the limitations set forth in this Agreement, including Article 4 hereof, and the continuing and exclusive authority of the Board over the management of the Company, the Advisor shall, either directly or by engaging an Affiliate or third party, perform the following duties:

Appears in 38 contracts

Samples: Advisory Agreement (Plymouth Opportunity REIT Inc.), Advisory Agreement (KBS Real Estate Investment Trust II, Inc.), Advisory Agreement (KBS Real Estate Investment Trust III, Inc.)

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DUTIES OF THE ADVISOR. The Advisor is responsible for managing, operating, directing and supervising the operations and administration of the Company and its assets. The Advisor undertakes to use its best efforts to present to the Company potential investment opportunities and to provide the Company with a continuing and suitable investment program consistent with the investment objectives and policies of the Company as determined and adopted from time to time by the BoardBoard of Directors. Subject to the limitations set forth in this Agreement, including Article 4 hereof, and the continuing and exclusive authority of the Board of Directors over the management of the Company, the Advisor shall, either directly or by engaging an Affiliate or third party, perform the following duties:

Appears in 14 contracts

Samples: Advisory Agreement (KBS Real Estate Investment Trust, Inc.), Advisory Agreement (KBS Real Estate Investment Trust, Inc.), Advisory Agreement (KBS Real Estate Investment Trust, Inc.)

DUTIES OF THE ADVISOR. The Advisor is responsible for managing, operating, directing and supervising the operations and administration of the Company and its assets. The Advisor undertakes to use its best commercially reasonable efforts to manage the day-to-day operations of the Company’s business, present to the Company potential investment opportunities opportunities, and to provide the Company with a continuing and suitable investment program consistent with the investment objectives and policies of the Company as determined and adopted from time to time by the Board. Subject In performance of this undertaking, subject to the limitations set forth in this Agreement, including Article 4 hereof, and the continuing and exclusive authority supervision of the Board over and consistent with the management provisions of the CompanyArticles of Incorporation and Bylaws, the Advisor shall, either directly or indirectly by engaging an Affiliate or a third party, perform the following duties:

Appears in 3 contracts

Samples: Advisory Agreement (Jones Lang LaSalle Income Property Trust, Inc.), Advisory Agreement (Jones Lang LaSalle Income Property Trust, Inc.), Advisory Agreement (Jones Lang LaSalle Income Property Trust, Inc.)

DUTIES OF THE ADVISOR. The Advisor is responsible for managing, operating, directing and supervising the operations and administration of the Company and its assets. The Advisor undertakes to use its best reasonable efforts to present to the Company potential investment opportunities and to provide the Company with a continuing and suitable investment program consistent with the investment objectives and policies of the Company as determined and adopted from time to time by the BoardBoard of Directors. Subject to the limitations set forth in this Agreement, including Article Section 4 hereof, and the continuing and exclusive authority of the Board of Directors over the management of the Company, the Advisor shall, either directly or by engaging an Affiliate or third party, perform the following duties:

Appears in 2 contracts

Samples: Advisory Agreement (Institutional REIT, Inc.), Advisory Agreement (Institutional REIT, Inc.)

DUTIES OF THE ADVISOR. The Advisor is responsible for managing, operating, directing and supervising the operations and administration of the Company and its assets. The Advisor undertakes to use its best commercially reasonable efforts to present to the Company potential investment opportunities and to provide the Company with a continuing and suitable investment program consistent with the investment objectives and policies of the Company as determined and adopted from time to time by the Board. Subject to the limitations set forth in this Agreement, including Article 4 hereofSection 4, and the continuing and exclusive authority of the Board over the management of the Company, the Advisor shall, either directly or by engaging an Affiliate or third party, perform the following duties:

Appears in 2 contracts

Samples: Advisory Agreement (Passco Apartment REIT, Inc.), Advisory Agreement (Passco Apartment REIT, Inc.)

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DUTIES OF THE ADVISOR. The Advisor is responsible for managing, operating, directing and supervising the operations and administration of the Company and its assets. The Advisor undertakes to use its best efforts to present to the Company and the Operating Partnership potential investment opportunities and to provide the Company and the Adopted by the Board of Trustees Effective 1.1.17 Operating Partnership with a continuing and suitable investment program consistent with the investment objectives and policies of the Company as determined and adopted from time to time by the Board. Subject In performing this undertaking, subject to the limitations set forth in this Agreement, including Article 4 hereof, and the continuing and exclusive authority supervision of the Board over and consistent with the management provisions of the CompanyGoverning Instruments and the Operating Partnership Agreement, the Advisor shall, either directly or by engaging an Affiliate or a third party, perform the following duties:

Appears in 1 contract

Samples: Advisory Agreement (Sterling Real Estate Trust)

DUTIES OF THE ADVISOR. The Advisor is responsible for managing, operating, directing and supervising the operations and administration of the Company and its assets. The Advisor undertakes to use its best efforts to present to the Company and the Operating Partnership potential investment opportunities and to provide the Company and the Adopted by the Board of Trustees Effective 1.1.16 Operating Partnership with a continuing and suitable investment program consistent with the investment objectives and policies of the Company as determined and adopted from time to time by the Board. Subject In performing this undertaking, subject to the limitations set forth in this Agreement, including Article 4 hereof, and the continuing and exclusive authority supervision of the Board over and consistent with the management provisions of the CompanyGoverning Instruments and the Operating Partnership Agreement, the Advisor shall, either directly or by engaging an Affiliate or a third party, perform the following duties:

Appears in 1 contract

Samples: Advisory Agreement (Sterling Real Estate Trust)

DUTIES OF THE ADVISOR. The Advisor is responsible for managing, operating, directing and supervising the operations and administration of the Company and its assets. The Advisor undertakes to use its best efforts to present to the Company and the Operating Partnership potential investment opportunities and to provide the Company and the Adopted by the Board of Trustees Effective 6.20.17 Operating Partnership with a continuing and suitable investment program consistent with the investment objectives and policies of the Company as determined and adopted from time to time by the Board. Subject In performing this undertaking, subject to the limitations set forth in this Agreement, including Article 4 hereof, and the continuing and exclusive authority supervision of the Board over and consistent with the management provisions of the CompanyGoverning Instruments and the Operating Partnership Agreement, the Advisor shall, either directly or by engaging an Affiliate or a third party, perform the following duties:

Appears in 1 contract

Samples: Advisory Agreement (Sterling Real Estate Trust)

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