Common use of Engagement of Manager Clause in Contracts

Engagement of Manager. ERCHB1 hereby engages Manager to supervise the acquisition, development, management, leasing, operation and promotion of ERCHBl’s locations, as the board of directors of ERCHB1 (the "Board") may reasonably request from time to time. The services may include, but are not limited to, the authority to direct, supervise, manage, and operate the real estate acquisition, development, and leasing business on a day-to-day basis. For clarity, the final selection of any acquisition or sale of any real estate acquisition will be determined by the Board.

Appears in 3 contracts

Samples: Management Services Agreement (ERC Homebuilders 1, Inc.), Management Services Agreement (ERC Communities 1, Inc.), Management Services Agreement (ERC Homebuilders 1, Inc.)

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Engagement of Manager. ERCHB1 ERCHB2 hereby engages Manager to supervise the acquisition, development, management, leasing, operation and promotion of ERCHBlERCHB2’s locations, as the board of directors of ERCHB1 ERCHB2 (the "Board") may reasonably request from time to time. The services may include, but are not limited to, the authority to direct, supervise, manage, and operate the real estate acquisition, development, and leasing business on a day-to-day basis. For clarity, the final selection of any acquisition or sale of any real estate acquisition will be determined by the Board.

Appears in 1 contract

Samples: Management Services Agreement (Erc Homebuilders 2, Inc.)

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Engagement of Manager. ERCHB1 ERCHB hereby engages Manager to supervise supervise, direct and control the acquisition, development, management, leasing, operation and promotion of ERCHBlERCHB ’s locations, as the board of directors of ERCHB1 (the "Board") may reasonably request from time to time. The services may includewhich includes, but are is not limited to, the exclusive authority to direct, supervise, manage, and operate the real estate acquisition, development, and leasing business on a day-to-day basis. For clarity, the final selection of any acquisition or sale of any real estate acquisition will be determined by the Board.

Appears in 1 contract

Samples: Management Services Agreement

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