Common use of Renewal Determination Clause in Contracts

Renewal Determination. In determining whether to renew this Agreement, the Company’s Board of Directors shall review the performance of the Managing Member to determine that the provisions of this Agreement are being carried out, and shall determine that the compensation paid to the Managing Member by the Company is reasonable based on all factors which the Company’s Board of Directors deem relevant, including, but not limited to:

Appears in 4 contracts

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

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Renewal Determination. In determining whether to renew this Agreement, --------------------- the Company’s Board independent directors of Directors the Company shall review the performance of the Managing Member Manager to determine that the provisions of this Agreement are being carried out, and shall determine that the compensation paid to the Managing Member Manager by the Company is reasonable based on all factors which the Company’s Board of Directors independent directors deem relevant, including, but not limited to:

Appears in 1 contract

Samples: Management Agreement (Foundation Capital Resources Inc)

Renewal Determination. In determining whether to renew this Agreement, the Company’s Board Independent Directors of Directors the Company shall review the performance of the Managing Member Manager to determine that the provisions of this Agreement are being carried out, and shall determine that the compensation paid to the Managing Member Manager by the Company is reasonable based on all factors which the Company’s Board of Independent Directors deem relevant, including, but not limited to:: 10

Appears in 1 contract

Samples: Management Agreement (Foundation Capital Resources Inc)

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Renewal Determination. In determining whether to renew this Agreement, the Company’s Board Independent Directors of Directors the Company shall review the performance of the Managing Member Manager to determine that the provisions of this Agreement are being carried out, and shall determine that the compensation paid to the Managing Member Manager by the Company is reasonable based on all factors which the Company’s Board of Independent Directors deem relevant, including, but not limited to:

Appears in 1 contract

Samples: Management Agreement (Foundation Capital Resources Inc)

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