Common use of Payments to the Manager Clause in Contracts

Payments to the Manager. The Manager shall not be entitled to any ----------------------- compensation for its services as Manager, but shall be reimbursed by the Company for any reasonable out-of-pocket expenses incurred by the Manager on behalf of the Company.

Appears in 3 contracts

Sources: Limited Liability Company Agreement (Point West Capital Corp), Limited Liability Company Agreement (Point West Capital Corp), Limited Liability Company Agreement (Point West Capital Corp)