Common use of Powers of the Advisor Clause in Contracts

Powers of the Advisor. Subject to the express limitations set forth in this Agreement and the continuing and exclusive authority of the Board over the management of the Company, the power to direct the management, operation and policies of the Company, including making, financing and disposing of investments, shall be vested in the Advisor, which shall have the power by itself and shall be authorized and empowered on behalf and in the name of the Company to carry out any and all of the objectives and purposes of the Company and to perform all acts and enter into and perform all contracts and other undertakings that it may in its sole discretion deem necessary, advisable or incidental thereto to perform its obligations under this Agreement.

Appears in 80 contracts

Samples: Advisory Agreement (KBS Growth & Income REIT, Inc.), Advisory Agreement (KBS Growth & Income REIT, Inc.), Advisory Agreement (Pacific Oak Strategic Opportunity REIT, Inc.)

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Powers of the Advisor. Subject to the express limitations set forth in this Agreement and the continuing and exclusive authority of the Board over the management of the Company, the power to direct the management, operation and policies of the Company, including making, financing and disposing of investments, Company shall be vested in the Advisor, which shall have the power by itself and shall be authorized and empowered on behalf and in the name of the Company to carry out any and all of the objectives and purposes of the Company and to perform all acts and enter into and perform all contracts and other undertakings that it may in its sole discretion deem necessary, advisable or incidental thereto to perform its obligations under this Agreement.

Appears in 40 contracts

Samples: Advisory Agreement (KBS Real Estate Investment Trust III, Inc.), Advisory Agreement (KBS Real Estate Investment Trust II, Inc.), Advisory Agreement (KBS Real Estate Investment Trust III, Inc.)

Powers of the Advisor. Subject to the express limitations set forth in this Advisory Agreement and subject to the continuing and exclusive authority supervision of the Board over the management of the CompanyBoard, the power to direct the management, operation and policies of the Company, including making, financing Company and disposing of investments, the Operating Partnership shall be vested in the Advisor, which shall have the power by itself and shall be authorized and empowered on behalf and in the name of the Company and the Operating Partnership, as applicable, to carry out any and all of the objectives and purposes of the Company and the Operating Partnership and to perform all acts and enter into and perform all contracts and other undertakings that it may in its sole discretion deem necessary, advisable or incidental thereto to perform its obligations under this Advisory Agreement.

Appears in 20 contracts

Samples: Advisory Agreement (Griffin Capital Essential Asset REIT, Inc.), Advisory Agreement (Griffin Capital Essential Asset REIT II, Inc.), Advisory Agreement (Griffin Capital Essential Asset REIT II, Inc.)

Powers of the Advisor. Subject to the express limitations set forth in this Agreement and the continuing and exclusive authority of the Board of Directors over the management of the Company, the power to direct the management, operation and policies of the Company, including making, financing and disposing of investments, Company shall be vested in the Advisor, which shall have the power by itself and shall be authorized and empowered on behalf and in the name of the Company to carry out any and all of the objectives and purposes of the Company and to perform all acts and enter into and perform all contracts and other undertakings that it may in its sole discretion deem necessary, advisable or incidental thereto to perform its obligations under this Agreement.

Appears in 18 contracts

Samples: Advisory Agreement (KBS Real Estate Investment Trust, Inc.), Advisory Agreement (KBS Real Estate Investment Trust, Inc.), Advisory Agreement (KBS Real Estate Investment Trust, Inc.)

Powers of the Advisor. Subject to the express limitations set forth in this Agreement Agreement, the investment guidelines and policies adopted by the Board from time to time and the continuing and exclusive authority of the Board over the management of the Company, at the direction of the Board the power to direct the management, operation and policies of the Company, including making, financing and disposing of investments, shall may be vested in the Advisor, which and as so vested the Advisor shall have the power by itself and shall be authorized and empowered on behalf and in the name of the Company to carry out any and all of the objectives and purposes of the Company and to perform all acts and enter into and perform all contracts and other undertakings that it may in its sole discretion deem necessary, advisable or incidental thereto to perform its obligations under this Agreement.

Appears in 9 contracts

Samples: Advisory Agreement (Cottonwood Communities, Inc.), Advisory Agreement (Cottonwood Communities, Inc.), Advisory Agreement (Cottonwood Communities, Inc.)

Powers of the Advisor. Subject to the express limitations set forth in this Agreement Agreement, and to the continuing and exclusive authority right of the Board over the management of the CompanyAdvisor to delegate its responsibilities pursuant to Section 4.01, the power to direct the management, operation and policies of the Company, including making, financing and disposing of investments, Company shall to the fullest extent allowed by law be vested in the Advisor, which shall have the power by itself and shall be authorized and empowered on behalf and in the name of the Company to carry out any and all of the objectives and purposes of the Company and to perform all acts and enter into and perform all contracts and other undertakings that it may in its sole discretion deem necessary, advisable or incidental thereto to perform its obligations under this Agreement.

Appears in 4 contracts

Samples: Advisory Agreement (TriLinc Global Impact Fund LLC), Advisory Agreement (TriLinc Global Impact Fund LLC), Advisory Agreement (TriLinc Global Impact Fund LLC)

Powers of the Advisor. Subject to the express limitations set forth in this Agreement and the continuing and exclusive authority of the Board over the management of the Company, the power to direct the management, operation and policies of the Company, including making, financing and disposing of investments, shall be vested in the Advisor, which shall have the power by itself and shall be authorized and empowered on behalf and in the name of the Company to carry out any and all of the objectives and purposes of the Company and to perform all acts and enter into and perform all contracts and other undertakings that it may in its sole discretion deem necessary, advisable or incidental thereto to perform its obligations under this Agreement.. 4.03

Appears in 2 contracts

Samples: Advisory Agreement (Pacific Oak Strategic Opportunity REIT, Inc.), Advisory Agreement (Pacific Oak Strategic Opportunity REIT, Inc.)

Powers of the Advisor. Subject to the express limitations set forth in this Agreement and the continuing and exclusive authority of the Board over the management of the CompanyAgreement, the power to direct the management, operation and policies of the Company, including making, financing Company and disposing of investments, the Operating Partnership shall to the fullest extent allowed by law be vested in the Advisor, which shall have the power by itself and shall be authorized and empowered on behalf and in the name of the Company and the Operating Partnership to carry out any and all of the objectives and purposes of the Company and the Operating Partnership and to perform all acts and enter into and perform all contracts and other undertakings that it may in its sole discretion deem necessary, advisable or incidental thereto to perform its obligations under this Agreement.

Appears in 2 contracts

Samples: Advisory Agreement (Hines Global Income Trust, Inc.), Advisory Agreement (Hines Global Income Trust, Inc.)

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Powers of the Advisor. Subject to the express limitations set forth in this Agreement and the continuing and exclusive authority of the Board over the management of the CompanyAgreement, the power to direct the management, operation and policies of the Company, including making, financing Company and disposing of investments, the Operating 8 Partnership shall to the fullest extent allowed by law be vested in the Advisor, which shall have the power by itself and shall be authorized and empowered on behalf and in the name of the Company and the Operating Partnership to carry out any and all of the objectives and purposes of the Company and the Operating Partnership and to perform all acts and enter into and perform all contracts and other undertakings that it may in its sole discretion deem necessary, advisable or incidental thereto to perform its obligations under this Agreement.. 4.03

Appears in 1 contract

Samples: Advisory Agreement

Powers of the Advisor. Subject to the express limitations set forth in this Agreement and the continuing and exclusive authority of the Board over the management of the Company, the power to direct the management, operation and policies of the Company, including making, EAST\139251319.2 financing and disposing of investments, shall be vested in the Advisor, which shall have the power by itself and shall be authorized and empowered on behalf and in the name of the Company to carry out any and all of the objectives and purposes of the Company and to perform all acts and enter into and perform all contracts and other undertakings that it may in its sole discretion deem necessary, advisable or incidental thereto to perform its obligations under this Agreement.

Appears in 1 contract

Samples: Advisory Agreement (KBS Legacy Partners Apartment REIT, Inc.)

Powers of the Advisor. Subject to the express limitations set forth in this Agreement Agreement, and to the continuing and exclusive authority right of the Board over the management of the CompanyAdvisor to delegate its responsibilities pursuant to Section 4.01, the power to direct the management, operation and policies of the Company, including making, financing and disposing of investments, Company shall to the fullest extent allowed by law be vested in the Advisor, which shall have the power by itself and shall be authorized and empowered on behalf and in the name of the Company to carry out any and all of the objectives and purposes of the Company and to perform all acts and enter into and perform all contracts and other undertakings that it may in its sole discretion deem necessary, advisable or incidental thereto to perform its obligations under this Agreement.. NY 247105333v2

Appears in 1 contract

Samples: Advisory Agreement (TriLinc Global Impact Fund LLC)

Powers of the Advisor. Subject to the express limitations set forth in this Agreement and the continuing and exclusive authority of the Board over the management of the Company, the power to direct the management, operation and policies of the Company, including making, financing and disposing of investments, shall be vested in the Advisor, which shall have the power by itself and shall be authorized and empowered on behalf and in the name of the Company to carry out any and all of the objectives and purposes of the Company and to perform all acts and enter into and perform all contracts and other undertakings that it may in its sole discretion deem necessary, advisable or incidental thereto to perform its obligations under this Agreement.. 4.3

Appears in 1 contract

Samples: Advisory Agreement (Cottonwood Communities, Inc.)

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