Common use of Sponsor Clause in Contracts

Sponsor. Any Person directly or indirectly instrumental in organizing, wholly or in part, the Company or any Person whom will control, manage or participate in the management of the Company, and any Affiliate of such Person. Not included is any Person whose only relationship with the Company is that of an independent property manager of Company assets, and whose only compensation is as such. Sponsor does not include independent third parties such as attorneys, accountants, and underwriters whose only compensation is for professional services. A Person may also be deemed a Sponsor of the Company by:

Appears in 14 contracts

Samples: Property Acquisition/Disposition Agreement (Orange REIT, Inc.), Advisory Agreement (Orange Hospitality, INC), Advisory Agreement (Orange Hospitality, INC)

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Sponsor. Any Person directly or indirectly instrumental in organizing, wholly or in part, the Company or any Person whom who will control, manage or participate in the management of the Company, and any Affiliate of such Person. Not included is any Person whose only relationship with the Company is that of an independent property manager of Company assetsthe Company’s Properties, Loans or other Permitted Investments, and whose only compensation is as such. Sponsor does not include independent third parties such as attorneys, accountants, and underwriters whose only compensation is for professional services. A Person may also be deemed a Sponsor of the Company by:

Appears in 7 contracts

Samples: Advisory Agreement (CNL Lifestyle Properties Inc), Advisory Agreement (CNL Lifestyle Properties Inc), Advisory Agreement (CNL Lifestyle Properties Inc)

Sponsor. Any Person directly or indirectly instrumental in organizing, wholly or in part, the Company or any Person whom who will control, manage or participate in the management of the Company, and any Affiliate of such Person. Not included is any Person whose only relationship with the Company is that of an independent property manager of Company assets, and whose only compensation is as such. Sponsor does not include independent third parties such as attorneys, accountants, and underwriters whose only compensation is for professional services. A Person may also be deemed a Sponsor of the Company by:

Appears in 6 contracts

Samples: Advisory Agreement (CNL Hotels & Resorts, Inc.), Advisory Agreement (CNL Hospitality Properties Inc), Advisory Agreement (CNL Retirement Properties Inc)

Sponsor. Any Person directly or indirectly instrumental in organizing, wholly or in part, the Company or any Person whom who will control, manage or participate in the management of the Company, and any Affiliate of such Person. Not included is any Person whose only relationship with the Company is that of an independent property manager of Company assets, and whose only compensation is as such. Sponsor does not include wholly independent third parties such as attorneys, accountants, and underwriters whose only compensation is for professional services. A Person may also be deemed a Sponsor of the Company by:.

Appears in 4 contracts

Samples: Advisory Agreement (Dividend Capital Trust Inc), Advisory Agreement (Dividend Capital Trust Inc), Advisory Agreement (Dividend Capital Trust Inc)

Sponsor. Any Person directly or indirectly instrumental in organizing, wholly or in part, the Company or any Person whom who will control, manage or participate in the management of the Company, and any Affiliate of such Person. Not included is any Person whose only relationship with the Company is that of an independent property manager of Company assets, the Company’s Properties and whose only compensation is as such. Sponsor does not include independent third parties such as attorneys, accountants, and underwriters whose only compensation is for professional services. A Person may also be deemed a Sponsor of the Company by:

Appears in 4 contracts

Samples: Advisory Agreement (Rich Uncles NNN REIT, Inc.), Advisory Agreement (Rich Uncles NNN REIT, Inc.), Advisory Agreement (Rich Uncles NNN REIT, Inc.)

Sponsor. Any Person directly or indirectly instrumental in organizing, wholly or in part, the Company Company, or any Person whom who will control, manage or participate in the management of the Company, and any Affiliate of such Person. Not included is any Person whose only relationship with the Company is that of an independent property manager of Company assetsAssets, and whose only compensation is as such. Sponsor "Sponsor" does not include wholly independent third parties such as attorneys, accountants, and underwriters whose only compensation is for professional services. A Person may also be deemed a Sponsor of the Company by:

Appears in 1 contract

Samples: Advisory Agreement (Wellbrook Properties, Inc.)

Sponsor. Any Person directly or indirectly instrumental in organizing, wholly or in part, the Company or any Person whom who will control, manage or participate in the management of the Company, and any Affiliate of such Person. Not included is any Person whose only relationship with the Company is that of an independent property manager of Company assets, the Company’s Properties and whose only compensation is as such. Sponsor does not include independent third parties such as attorneys, accountants, attorneys and underwriters accountants whose only compensation is for professional services. A Person may also be deemed a Sponsor of the Company by:

Appears in 1 contract

Samples: Advisory Agreement (Rich Uncles NNN REIT, Inc.)

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Sponsor. Any Person directly or indirectly instrumental in organizing, wholly or in part, the Company or any Person whom who will control, manage or participate in the management of the Company, and any Affiliate of such Person. Not included is any Person whose only relationship with the Company is that of an independent property manager of Company assetsthe Company’s Properties, Mortgage Loans or other Permitted Investments, and whose only compensation is as such. Sponsor does not include wholly independent third parties such as attorneys, accountants, and underwriters whose only compensation is for professional services. A Person may also be deemed a Sponsor of the Company by:

Appears in 1 contract

Samples: Advisory Agreement (CNL Hospitality Properties II, Inc.)

Sponsor. Any Person directly or indirectly instrumental in organizing, wholly or in part, the Company Company, or any Person whom who will control, manage or participate in the management of the Company, and any Affiliate of such Person. Not included is any Person whose only relationship with the Company is that of an independent property manager of Company assetsAssets, and whose only compensation is as such. Sponsor “Sponsor” does not include wholly independent third parties such as attorneys, accountants, and underwriters whose only compensation is for professional services. A Person may also be deemed a Sponsor of the Company by:

Appears in 1 contract

Samples: Administrative Services Agreement (Lanier Capital REIT, Inc.)

Sponsor. Any Person directly or indirectly instrumental in organizing, wholly or in part, the Company or any Person whom who will control, manage or participate in the management of the Company, and any Affiliate of such Person. Not included is any Person whose only relationship with the Company is that of an independent property manager of Company assetsthe Company’s Properties or other Permitted Investments, and whose only compensation is as such. Sponsor does not include independent third parties such as attorneys, accountants, and underwriters whose only compensation is for professional services. A Person may also be deemed a Sponsor of the Company by:

Appears in 1 contract

Samples: Advisory Agreement (Rich Uncles REIT, Inc.)

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