No Compensation. Except as provided in this Section 7.4 and elsewhere in this Agreement (including the provisions of Articles V and VI regarding distributions, payments and allocations to which it may be entitled), the Managing Member shall not be compensated for its services as Managing Member of the Company.
Appears in 13 contracts
Samples: Limited Liability Company Agreement (Sunstone Hotel Investors, Inc.), Limited Liability Company Agreement (Sunstone Hotel Investors, Inc.), Limited Liability Company Agreement (Morgans Hotel Group Co.)
No Compensation. Except as provided in this Section 7.4 and elsewhere in this Agreement (including the provisions of Articles V and VI regarding distributions, payments payments, and allocations to which it may be entitled), the Managing Member shall not be compensated for its services as Managing Member of the Company.
Appears in 3 contracts
Samples: Fourth Amended And (Developers Diversified Realty Corp), Operating Agreement (Strategic Hotel Capital Inc), Registration Rights Agreement (Tarragon Realty Investors Inc)
No Compensation. Except as provided in this Section 7.4 and elsewhere in this Agreement (including the provisions of Articles V and VI regarding distributions, payments and allocations to which it may be entitled), the Managing Member shall not receive payments from the Company or otherwise be compensated for its services as the Managing Member of the Company.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Jernigan Capital, Inc.), Limited Liability Company Agreement (Nexpoint Diversified Real Estate Trust)
No Compensation. Except as provided in this Section 7.4 and elsewhere in this Agreement (including Section 10.3.C and the provisions of Articles V and VI regarding distributions, payments and allocations to which it may be entitled), the Managing Member shall not be compensated for its services as Managing Member the managing member of the Company.
Appears in 2 contracts
Samples: Operating Agreement (Broadstone Net Lease, Inc.), Operating Agreement (Broadstone Net Lease, Inc.)
No Compensation. Except as provided in this Section 7.4 and elsewhere in this Agreement (including the provisions of Articles V and VI regarding distributions, payments and allocations to which it may be entitled), the Managing Member shall not receive payment from the Company or otherwise be compensated for its services as Managing Member the managing member of the Company.
Appears in 2 contracts
Samples: Contribution Agreement (Trizec Properties Inc), Limited Liability Company Agreement (Trizec Properties Inc)
No Compensation. Except as provided in this Section 7.4 9.4 and elsewhere in this Agreement (including the provisions of Articles V VII and VI VIII regarding distributions, payments and allocations to which it may be entitled), the Managing Member shall not be compensated for its services as Managing Member of the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Morgans Hotel Group Co.)
No Compensation. Except as provided in this Section 7.4 9.3 and elsewhere in this Agreement (including but not limited to the provisions of Articles V Section 9.4, Article VII and VI Article VIII regarding indemnification, distributions, payments and allocations to which it may be entitled), the Managing Member shall not be compensated for its services as Managing Member of the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Morgans Hotel Group Co.)
