Common use of UBTI Clause in Contracts

UBTI. The Company shall conduct its business in a manner necessary to avoid the realization of any UBTI to the Members or any of their constituent members. In furtherance of the foregoing sentence, without first obtaining the consent of CCDRC, the Manager will not cause the Company to (A) commence providing any new types of services to tenants or patrons of the Property which have not been previously approved by CCDRC, either pursuant to its approval of the Annual Plan (if the income from such new service is clearly indicated on the Annual Plan) or otherwise and (B) undertake any new types of revenue-generating activity at the Property or with respect to the Property which have not been previously approved by CCDRC, either pursuant to its approval of the Annual Plan (if the income from such new service is clearly indicated on the Annual Plan) or otherwise.