Management and Advisory Agreements Sample Clauses

Management and Advisory Agreements. Upon the request of the Administrative Agent, the Borrower shall provide to the Administrative Agent a copy of each management and advisory agreement in respect of the New Fund or an Investment in a New Portfolio Company, if any.
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Management and Advisory Agreements. Prior to the Closing, Management Company shall use all reasonable efforts to cause the owners of all properties managed and of all partnerships advised by Management Company to consent to the management of such properties and assumption of such advisory functions by the Surviving Corporation to the extent required by the existing management and advisory agreements relating thereto.
Sample 1
Management and Advisory Agreements. 6.9.1 True and correct copies of each Management Agreement has been delivered to the Agent and each is in full force and effect and no material default has occurred thereunder. There are no property management agreements respecting any of the Collateral Properties which provides for a payment of a fee for such services by the Borrower, any Loan Party, or any Shelbourne Subsidiary, except as set forth in Exhibit H. The basic payments required under any property management agreement relative to each Non-Collateral Individual Properties does not exceed three (3%) percent of gross revenue per year. 6.9.2 True and correct copies of each Advisory Agreement and Kestrel Agreement have been delivered to the Agent and each is in full force and effect and no material default has occurred thereunder. There are no management agreements, advisory agreements, investment agreements or asset management agreements respecting the Shelbourne REIT, the Shelbourne OP, the Shelbourne GP, the Borrower or any Shelbourne Subsidiary which provides for a payment of a fee for such services by the Borrower, any Loan Party, or any Shelbourne Subsidiary, except as provided for in Section 6.9.1, 8.10.1 and as set forth in Exhibit H.
Sample 1
Management and Advisory Agreements. 8.10.1 Enter into any property management agreement relative to any Individual Property other than as set forth in Exhibit H, except for a property management agreement which provides for a management fee that does not exceed three (3%) percent of gross revenue per year and is with a property management company reasonably acceptable to the Agent. 8.10.2 Enter into any other management agreement, advisory agreement, investment agreement or asset management agreements which provides for a payment of a fee for such services by the Borrower, any Loan Party, or any Shelbourne Subsidiary, other than as set forth in Exhibit H.
Sample 1

Related to Management and Advisory Agreements

  • Advisory Agreement The Advisory Agreement has been duly authorized, executed and delivered by the Advisor and constitutes a legal, valid and binding agreement of the Advisor enforceable against the Advisor in accordance with its terms, except as may be limited by bankruptcy, insolvency, reorganization, moratorium or similar laws affecting creditors’ rights generally, and by general principles of equity.

  • Investment Advisory Agreement (A) The terms of the Investment Advisory Agreement, including compensation terms, comply in all material respects with all applicable provisions of the 1940 Act and the Advisers Act and (B) the approvals by the board of directors and the stockholders of the Company of the Investment Advisory Agreement have been made in accordance with the requirements of Section 15 of the 1940 Act applicable to companies that have elected to be regulated as business development companies under the 1940 Act.

  • Consulting Agreements The Shareholders shall have entered into the Consulting Agreements with Buyer.

  • Management Services Agreement The term "Management Services ----------------------------- Agreement" shall mean this Management Services Agreement by and between Practice and Business Manager and any amendments hereto.

  • Property Management Agreement The Property Management Agreement is in full force and effect and, to Borrower's Knowledge, there are no defaults thereunder by any party thereto and no event has occurred that, with the passage of time and/or the giving of notice would constitute a default thereunder.

  • Management Agreement The Management Agreement is in full force and effect and there is no default thereunder by any party thereto and no event has occurred that, with the passage of time and/or the giving of notice would constitute a default thereunder.

  • Existing Management and Franchise Agreements Seller has furnished to Buyer true and complete copies of the Existing Management Agreement and the Existing Franchise Agreement, which constitutes the entire agreement of the parties thereto with respect to the subject matter thereof and which have not been amended or supplemented in any respect. There are no other management agreements, franchise agreements, license agreements or similar agreements for the operation or management of the Hotel or relating to the Brand, to which Seller is a party or which are binding upon the Property, except for the Existing Management Agreement and the Existing Franchise Agreement. The Improvements comply with, and the Hotel is being operated in accordance with, all requirements of such Existing Management Agreement and the Existing Franchise Agreement and all other requirements of the Existing Manager and the Franchisor, including all “brand standard” requirements of the Existing Manager and the Franchisor. The Existing Management Agreement and the Existing Franchise Agreement are in full force and effect, and shall remain in full force and effect until the termination of the Existing Management Agreement and the Existing Franchise Agreement at Closing, as provided in Article V hereof. No default has occurred and is continuing under the Existing Management Agreement or the Existing Franchise Agreement, and no circumstances exist which, with the giving of notice, the lapse of time or both, would constitute such a default.

  • Management Letters Promptly after the receipt thereof by any Company, a copy of any “management letter” received by any such person from its certified public accountants and the management’s responses thereto;

  • Amendments to this Sub-Advisory Agreement This Sub-Advisory Agreement may be amended only by a written instrument approved in writing by all parties hereto.

  • Master Services Agreement This Agreement is a master agreement governing the relationship between the Parties solely with regard to State Street’s provision of Services to each BTC Recipient under the applicable Service Modules.