Affiliated Services. The Operating Member may cause the Company or cause the Company to cause any of its subsidiaries to retain the services of a professional or nonprofessional firm or entity controlled by or affiliated with a Member or the manager of such Member to render services or supply goods to the Company or any of its subsidiaries, and pay reasonable compensation for such services or goods; provided, however, that all such services under this clause shall be set on terms of on an arm’s-length basis and at market rates, and that the Investor Member Board is made aware of any such services under this clause.
Appears in 6 contracts
Samples: Limited Liability Company Agreement (Fundrise East Coast Opportunistic REIT, LLC), Limited Liability Company Agreement (Fundrise East Coast Opportunistic REIT, LLC), Limited Liability Company Agreement (Fundrise Balanced Ereit Ii, LLC)
