Common use of Other Investment Vehicles Clause in Contracts

Other Investment Vehicles. (a) Each of the Manager and Bimini represent and warrant to the Company that neither the Manager nor Bimini currently sponsor or manage any real estate investment trust that has substantially the same investment strategy as Bimini or the Company (a “Competing Investment Vehicle”).

Appears in 3 contracts

Samples: Investment Allocation Agreement (Orchid Island Capital, Inc.), Investment Allocation Agreement (Orchid Island Capital, Inc.), Investment Allocation Agreement (Bimini Capital Management, Inc.)

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Other Investment Vehicles. (a) Each of the Manager and Bimini represent and warrant to the Company that neither the Manager nor Bimini currently sponsor or manage any real estate investment trust that has substantially the same investment strategy as Bimini or the Company (a “Competing Investment Vehicle”), other than Bimini and its activities (the “Exception”).

Appears in 2 contracts

Samples: Investment Allocation Agreement (Bimini Capital Management, Inc.), Investment Allocation Agreement (FlatWorld Acquisition Corp.)

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