Common use of Authority of Advisor Clause in Contracts

Authority of Advisor. (a) Pursuant to the terms of this Agreement (including the restrictions included in this Section 4 and in Section 9), and subject to the continuing and exclusive authority of the Board over the supervision of the Company, the Company, acting on the authority of the Board of Directors, hereby delegates to the Advisor the authority to perform the services described in Section 3.

Appears in 72 contracts

Samples: Advisory Agreement, Advisory Agreement (American Realty Capital New York City REIT, Inc.), Advisory Agreement (Phillips Edison Grocery Center Reit Ii, Inc.)

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Authority of Advisor. (a) Pursuant to the terms of this Agreement (including the restrictions included in this Section 4 and in Section 97), and subject to the continuing and exclusive authority of the Board over the supervision management of the Company, the Company, acting on the authority of the Board of Directors, hereby delegates to the Advisor the authority to perform the services described in Section 3.

Appears in 28 contracts

Samples: Advisory Agreement (Moody National REIT II, Inc.), Agreement and Plan of Merger (MVP REIT, Inc.), Advisory Agreement (MVP REIT II, Inc.)

Authority of Advisor. (a) Pursuant to the terms of this Agreement (including the restrictions included in this Section 4 and in Section 97), and subject to the continuing and exclusive authority of the Board Directors over the supervision management of the Company, the Company, acting on the authority of the Board of Directors, Directors hereby delegates delegate to the Advisor the authority to perform take, or cause to be taken, any and all actions and to execute and deliver any and all agreements, certificates, assignments, instruments or other documents and to do any and all things that, in the services judgment of the Advisor, may be necessary or advisable in connection with the Advisor’s duties described in Section 3.

Appears in 19 contracts

Samples: Advisory Agreement (Ares Real Estate Income Trust Inc.), Advisory Agreement (Ares Real Estate Income Trust Inc.), Advisory Agreement (Ares Real Estate Income Trust Inc.)

Authority of Advisor. (a) Pursuant to the terms of this Agreement (including the restrictions included in this Section 4 and in Section 97), and subject to the continuing and exclusive authority of the Board Directors over the supervision management of the Company, the Company, acting on the authority of the Board of Directors, Directors hereby delegates delegate to the Advisor the authority to perform the services described in Section 3.

Appears in 9 contracts

Samples: Advisory Agreement (Moody National REIT I, Inc.), Advisory Agreement (Moody National REIT I, Inc.), Advisory Agreement (Moody National REIT I, Inc.)

Authority of Advisor. (a) Pursuant to the terms of this Agreement (including the restrictions included in this Section 4 and in Section 9), and subject to the continuing and exclusive authority of the Board over the supervision management of the Company, the Company, acting on the authority of the Board of Directors, hereby delegates to the Advisor the authority to perform the services described in Section 3.

Appears in 5 contracts

Samples: Advisory Agreement (Independence Realty Trust, Inc), Advisory Agreement (Independence Realty Trust, Inc), Advisory Agreement (Empire American Realty Trust Inc)

Authority of Advisor. (a) a. Pursuant to the terms of this Agreement (including the restrictions included in this Section 4 and in Section 9), and subject to the continuing and exclusive authority of the Board over the supervision of the Company, the Company, acting on the authority of the Board of Directors, hereby delegates to the Advisor the authority to perform the services described in Section 3.

Appears in 5 contracts

Samples: Advisory Agreement (Realty Finance Trust, Inc.), Advisory Agreement (Realty Finance Trust, Inc.), Advisory Agreement (ARC Realty Finance Trust, Inc.)

Authority of Advisor. (a) Pursuant to the terms of this Agreement (including the restrictions included in this Section 4 and in Section 97 hereof), and subject to the continuing and exclusive authority of the Board over the supervision management of the Company, the Company, acting on the authority of the Board of Directors, hereby delegates to the Advisor the authority to perform the services described in Section 3.Advisor

Appears in 2 contracts

Samples: Advisory Agreement (Carey W P & Co LLC), Advisory Agreement (Carey W P & Co LLC)

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Authority of Advisor. (a) Pursuant to the terms of this Agreement (including the restrictions included in this Section 4 and in Section 99 ), and subject to the continuing and exclusive authority of the Board over the supervision of the Company, the Company, acting on the authority of the Board of Directors, hereby delegates to the Advisor the authority to perform the services described in Section 33 .

Appears in 2 contracts

Samples: Advisory Agreement (American Realty Capital Trust IV, Inc.), Advisory Agreement (American Realty Capital Daily Net Asset Value Trust, Inc.)

Authority of Advisor. (a) Pursuant to the terms of this Agreement (including the restrictions included in this Section Paragraph 4 and in Section 9Paragraph 7), and subject to the continuing and exclusive authority of the Board Directors over the supervision management of the Company, the Company, acting on the authority of the Board of Directors, Directors hereby delegates delegate to the Advisor the authority to perform the services described in Section Paragraph 3.

Appears in 1 contract

Samples: Advisory Agreement (Green Realty Trust, Inc.)

Authority of Advisor. (a) Pursuant to the terms of this Agreement (including the restrictions included in this Section 4 and in Section 9)8), and subject to the continuing and exclusive authority of the Board over the supervision of the Company, the Company, acting on the authority of the Board of Directors, hereby delegates to the Advisor the authority to perform the services described in Section 3.

Appears in 1 contract

Samples: Advisory Agreement (Benefit Street Partners Realty Trust, Inc.)

Authority of Advisor. (a) Pursuant to the terms of this Agreement (including the restrictions included in this Section 4 and in Section 97 hereof), and subject to the continuing and exclusive authority of the Board Directors over the supervision management of the Company, the Company, acting on the authority of the Board of Directors, Directors hereby delegates delegate to the Advisor the authority to: (1) locate, analyze and select investment opportunities; (2) structure the terms and conditions of transactions pursuant to perform the services described in Section 3.which investments will be made or acquired for the

Appears in 1 contract

Samples: Restricted Stock Agreement (Corporate Property Associates 15 Inc)

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