Common use of Management of Affiliated Entities Clause in Contracts

Management of Affiliated Entities. In addition to management rights with respect to the Company as set forth in this Agreement, Apollo shall have the following management rights with respect to each Affiliated Entity: (a) Apollo shall have the right to be kept informed, consult with and advise management of each Affiliated Entity with regard to any material developments in or affecting each Affiliated Entity's business; to discuss business operations, properties and the financial or other condition of each Affiliated Entity with its officers, employees and any relevant management committee; to consult with and advise management on significant business issues; and to meet regularly with management for such consultation and advice; and (b) Apollo shall have the right to appoint one (1) member of the management committee or board of directors, as applicable, of each Affiliated Entity and shall have the right to dismiss and replace such member at any time.

Management of Affiliated Entities. In addition to management rights with respect to the Company as set forth in this Agreement, Apollo shall have the following direct management rights with respect to each Affiliated Entity: (a) Apollo shall have the right to be kept informed, consult with and advise management of each Affiliated Entity with regard to any material developments in or affecting each Affiliated Entity's business; to discuss business operations, properties and the financial or other condition of each Affiliated Entity with its officers, employees and any relevant management committee; to consult with and advise management on significant business issues; and to meet regularly with management for fo such consultation and advice; and (b) Apollo shall have the right to appoint one (1) member of the management committee or board of directors, as applicable, directors of each Affiliated Entity BrookeMil and shall have the right to dismiss and replace such member at any time.