Common use of Management Team Clause in Contracts

Management Team. The Managing General Partner shall, and hereby does, delegate authority and responsibility for the day-to-day management of the business of the Partnership to a President (the “President”), a Chief Financial Officer, a Chief Accounting Officer, a Senior Investment Manager, and an Asset Management Officer of the Partnership, and such other officers of the Partnership as the Managing General Partner may deem appropriate, with the establishment of any office and the appointment of any person to fill such office by the Managing General Partner being subject to the approval of the Management Board. Each officer of the Partnership shall be an employee of Hxxxx or an Affiliate of Hxxxx and shall, other than the President, report to the President. The officers of the Partnership, together with such other employees of Hxxxx as may be assigned to conduct the business of the Partnership under the supervision of such officers are collectively referred to as the “Management Team.” The Managing General Partner shall promptly notify each other Partner of the identity of the officers of the Partnership and their offices and any changes thereto.

Management Team. The Managing General Partner shall, and hereby does, delegate authority and responsibility for the day-to-day management of the business of the Partnership to a President (the “President”), a Chief Financial Officer, a Chief Accounting Officer, Senior Investment Manager and a Senior Investment Manager, and an Asset Management Officer Manager of the Partnership, and such other officers of the Partnership as the Managing General Partner may deem appropriate, with the establishment of any office and the appointment of any person to fill such office by the Managing General Partner being subject to the approval of the Management Board. Each officer of the Partnership shall be an employee of Hxxxx or an Affiliate of Hxxxx and shall, other than the President, report to the President. The officers of the Partnership, together with such other employees of Hxxxx as may be assigned to conduct the business of the Partnership under the supervision of such officers are collectively referred to as the “Management Team.” The Managing General Partner shall promptly notify each other Partner of the identity of the officers of the Partnership and their offices and any changes thereto.

Management Team. The Managing General Partner shall, and hereby does, delegate authority and responsibility for the day-to-day management of the business of the Partnership to a President (the “"President”"), a Chief Financial Officer, a Chief Accounting Officer, a Senior Investment Manager, Manager and an a Senior Asset Management Officer Manager of the Partnership, and such other officers of the Partnership as the Managing General Partner may deem appropriate, with the establishment of any office and the appointment of any person to fill such office by the Managing General Partner being subject to the approval of the Management Board. Each officer of the Partnership shall be an employee of Hxxxx or an Affiliate of Hxxxx Hines and shall, other than the President, report to the President. The officers Txx xxficers of the Partnership, together with such other employees of Hxxxx Hines as may be assigned to conduct the business of the Partnership under uxxxx the supervision of such officers are collectively referred to as the “"Management Team.” " The Managing General Partner shall promptly notify each other Partner of the identity of the officers of the Partnership and their offices and any changes thereto.

Management Team. The Managing General Partner shall, and hereby does, delegate authority and responsibility for the day-to-day management of the business of the Partnership to a President (the “"President”"), a Chief Financial Officer, a Chief Accounting Officer, a Senior Investment Manager, Manager and an a Senior Asset Management Officer Manager of the Partnership, and such other officers of the Partnership as the Managing General Partner may deem appropriate, with the establishment of any office and the appointment of any person to fill such office by the Managing General Partner being subject to the approval of the Management Board. Each officer of the Partnership shall be an employee of Hxxxx or an Affiliate of Hxxxx Xxxxx and shall, other than the President, report to the President. The officers of the Partnership, together with such other employees of Hxxxx Xxxxx as may be assigned to conduct the business of the Partnership under the supervision of such officers are collectively referred to as the “"Management Team.” " The Managing General Partner shall promptly notify each other Partner of the identity of the officers of the Partnership and their offices and any changes thereto.

Management Team. The Managing General Partner shall, and hereby does, delegate authority and responsibility for the day-to-day management of the business of the Partnership to a President (the “"President”"), a Chief Financial Officer, a Chief Accounting Officer, a Senior Investment Manager, Manager and an a Senior Asset Management Officer Manager of the Partnership, and such other officers of the Partnership as the Managing General Partner may deem appropriate, with the establishment of any office and the appointment of any person to fill such office by the Managing General Partner being subject to the approval of the Management Board. Each officer of the Partnership shall be an employee of Hxxxx or an Affiliate of Hxxxx Xxxxx and shall, other than the President, report to the President. The officers of the Partnership, together with such other employees of Hxxxx Xxxxx as may be assigned to conduct the business of the Partnership under the supervision of such officers are collectively referred to as the “"Management Team.” " The Managing General Partner shall promptly notify each other Partner of the identity of the initial officers of the Partnership and their offices and any changes theretoare set forth on Schedule 5.5.

Management Team. The Managing General Partner shall, and hereby does, delegate authority and responsibility for the day-to-day management of the business of the Partnership to a President (the “President”), a Chief Financial Officer, a Chief Accounting Officer, a Senior Investment Manager, and an Asset Management Officer of the Partnership, and such other officers of the Partnership as the Managing General Partner may deem appropriate, with the establishment of any office and the appointment of any person to fill such office by the Managing General Partner being subject to the approval of the Management Board. Each officer of the Partnership shall be an employee of Hxxxx Xxxxx or an Affiliate of Hxxxx Xxxxx and shall, other than the President, report to the President. The officers of the Partnership, together with such other employees of Hxxxx Xxxxx as may be assigned to conduct the business of the Partnership under the supervision of such officers are collectively referred to as the “Management Team.” The Managing General Partner shall promptly notify each other Partner of the identity of the officers of the Partnership and their offices and any changes thereto.