Common use of Investment of Cash Clause in Contracts

Investment of Cash. The Managing Member shall invest and reinvest any monies of the Company, and manage the Company’s short-term investments, including the acquisition and sale of money market instruments, provided such instruments are consistent with the Company’s policies and are only those instruments in which a real estate investment trust is permitted to invest under the Code from time to time.

Appears in 4 contracts

Samples: Reit Management Agreement (Century West Multifamily Income Reit, LLC), Reit Management Agreement (Lm Capital Real Estate Investment Trust, LLC), Reit Management Agreement (Anabasis Real Estate Investment Trust, LLC)

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Investment of Cash. The Managing Member Manager shall invest and reinvest any monies of the Company, and manage the Company’s 's short-term investments, including the acquisition and sale of money market instrumentsinstruments and/or church mortgage bonds, provided such instruments are consistent with the Company’s 's policies and are only those instruments in which a real estate investment trust is permitted to invest under the Code from time to time.

Appears in 1 contract

Samples: Management Agreement (Foundation Capital Resources Inc)

Investment of Cash. The Managing Member Manager shall invest and reinvest any monies of the Company, and manage the Company’s short-term investments, including the acquisition and sale of money market instrumentsinstruments and/or church mortgage bonds, provided such instruments are consistent with the Company’s policies and are only those instruments in which a real estate investment trust is permitted to invest under the Code from time to time.

Appears in 1 contract

Samples: Management Agreement (Foundation Capital Resources Inc)

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Investment of Cash. The Managing Member Manager shall invest and reinvest any monies of ------------------ the Company, and manage the Company’s 's short-term investments, including the acquisition and sale of money market instrumentsinstruments and/or church mortgage bonds, provided such instruments are consistent with the Company’s 's policies and are only those instruments in which a real estate investment trust is permitted to invest under the Code from time to time.

Appears in 1 contract

Samples: Management Agreement (Foundation Capital Resources Inc)

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