Common use of RELATIONSHIP WITH DIRECTORS Clause in Contracts

RELATIONSHIP WITH DIRECTORS. There shall be no limitation on any shareholder, director, officer, employee or Affiliate of the Advisor serving as a Director or an officer of CPA: 17, except that no employee of the Advisor or its Affiliates who also is a Director or officer of CPA: 17 shall receive any compensation from CPA: 17 for serving as a Director or officer other than for reasonable reimbursement for travel and related expenses incurred in attending meetings of the Board; for the avoidance of doubt, the limitations of this Section 8 shall not apply to any compensation paid by the Advisor or any Affiliate for which CPA: 17 reimbursed the Advisor or Affiliate in accordance with Section 10 hereof.

Appears in 8 contracts

Samples: Form of Advisory Agreement (Corporate Property Associates 17 - Global INC), Advisory Agreement (Corporate Property Associates 17 - Global INC), Form of Advisory Agreement (Corporate Property Associates 17 - Global INC)

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RELATIONSHIP WITH DIRECTORS. There shall be no limitation on any shareholderpartner, director, officer, employee or Affiliate of the Advisor Manager serving as a Director or an officer of CPA: 1718, except that no employee of the Advisor Manager or its Affiliates who also is a Director or officer of CPA: 17 18 shall receive any compensation from CPA: 17 18 for serving as a Director or officer other than for reasonable reimbursement for travel and related expenses incurred in attending meetings of the Board; for the avoidance of doubt, the limitations of this Section 8 shall not apply to any compensation paid by the Advisor Manager or any Affiliate for which CPA: 17 18 reimbursed the Advisor Manager or Affiliate in accordance with Section 10 hereof.

Appears in 3 contracts

Samples: Asset Management Agreement (Corporate Property Associates 18 Global Inc), Asset Management Agreement (W. P. Carey Inc.), Asset Management Agreement (Corporate Property Associates 18 Global Inc)

RELATIONSHIP WITH DIRECTORS. There shall be no limitation on any shareholder, director, officer, employee or Affiliate of the Advisor serving as a Director or an officer of CPA: 1716, except that no employee of the Advisor or its Affiliates who also is a Director or officer of CPA: 17 16 shall receive any compensation from CPA: 17 16 for serving as a Director or officer other than for reasonable reimbursement for travel and related expenses incurred in attending meetings of the Board; for the avoidance of doubt, the limitations of this Section 8 shall not apply to any compensation paid by the Advisor or any Affiliate for which CPA: 17 16 reimbursed the Advisor or Affiliate in accordance with Section 10 hereof.

Appears in 3 contracts

Samples: Advisory Agreement (Corporate Property Associates 16 Global Inc), Advisory Agreement (W. P. Carey Inc.), Advisory Agreement (Corporate Property Associates 16 Global Inc)

RELATIONSHIP WITH DIRECTORS. There shall be no limitation on any shareholder, director, officer, employee or Affiliate of the Advisor serving as a Director or an officer of CPA: 1718, except that no employee of the Advisor or its Affiliates who also is a Director or officer of CPA: 17 18 shall receive any compensation from CPA: 17 18 for serving as a Director or officer other than for reasonable reimbursement for travel and related expenses incurred in attending meetings of the Board; for the avoidance of doubt, the limitations of this Section 8 shall not apply to any compensation paid by the Advisor or any Affiliate for which CPA: 17 18 reimbursed the Advisor or Affiliate in accordance with Section 10 hereof.

Appears in 3 contracts

Samples: Advisory Agreement (W. P. Carey Inc.), Advisory Agreement (Corporate Property Associates 18 Global Inc), Form of Advisory Agreement (Corporate Property Associates 18 Global Inc)

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RELATIONSHIP WITH DIRECTORS. There shall be no limitation on any shareholder, director, officer, employee or Affiliate of the Advisor Manager serving as a Director or an officer of CPA: 17, except that no employee of the Advisor Manager or its Affiliates who also is a Director or officer of CPA: 17 shall receive any compensation from CPA: 17 for serving as a Director or officer other than for reasonable reimbursement for travel and related expenses incurred in attending meetings of the Board; for the avoidance of doubt, the limitations of this Section 8 shall not apply to any compensation paid by the Advisor Manager or any Affiliate for which CPA: 17 reimbursed the Advisor Manager or Affiliate in accordance with Section 10 hereof.

Appears in 3 contracts

Samples: Asset Management Agreement (Corporate Property Associates 17 - Global INC), Asset Management Agreement (Carey W P & Co LLC), Asset Management Agreement (Corporate Property Associates 17 - Global INC)

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