Common use of Management Agreements and Fees Clause in Contracts

Management Agreements and Fees. (a) Except for agreements permitted pursuant to Section 8.14(b), the Borrower shall not, and shall not permit any of its Subsidiaries to, make or enter into, or pay any management fees pursuant to, any so-called management or service agreement or joint operating agreement whereby management, supervision or control of its business, or any significant aspect thereof, shall be delegated to or placed in any Person other than the Borrower,

Management Agreements and Fees. (a) Except for agreements permitted pursuant to Section 8.14(b), the The Borrower shall not, and shall not permit any of its Subsidiaries to, make or enter into, or pay any management fees pursuant to, any so-called management or service agreement or joint operating agreement whereby management, supervision or control of its business, or any significant aspect thereof, shall be delegated to or placed in any Person other than an employee of the Borrower or a Subsidiary of the Borrower,, other than the Management Agreement.

Management Agreements and Fees. (a) Except for agreements permitted pursuant to Section 8.14(b), the The Borrower shall not, and shall not permit any of its Subsidiaries to, make or enter into, or pay any management fees pursuant to, any so-called management or service agreement or joint operating agreement whereby management, supervision or control of its business, or any significant aspect thereof, shall be delegated to or placed in any Person other than an employee of the Borrower or a Subsidiary of the Borrower,, other than the Management Agreement, the Transition Services Agreement, the Bidder Services Agreement and the Koll Management Agreement.

Management Agreements and Fees. (a) Except for agreements permitted pursuant to Section 8.14(b), the Borrower The Borrowers shall not, and ------------------------------ shall not permit any of its their Subsidiaries to, make or enter into, or nor pay any management fees pursuant to, any so-called management or service agreement or joint operating agreement whereby management, supervision or control of its business, or any significant aspect thereof, shall be delegated to or placed in any Person other than the an employee of a Borrower or a Subsidiary of a Borrower,.