Managerial Assistance Sample Clauses

Managerial Assistance. The Investment Manager will, to the extent such services are not otherwise provided or procured on the Company’s behalf by the Administrator, provide significant managerial assistance to those portfolio companies of the Company that request such assistance from the Company and to which the Company agrees to provide such services pursuant to the Investment Company Act; provided, however, that any reasonable out-of-pocket fees and expenses actually incurred by the Investment Manager in connection therewith (exclusive of the compensation of any investment professionals of the Investment Manager) shall be subject to reimbursement by the Company pursuant to Section 3.4 of this Agreement.
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Managerial Assistance. Borrower acknowledges that Hercules Capital, Inc. has elected to be regulated as a business development company under the 1940 Act, and as such is required to make available significant managerial assistance to its portfolio companies. Significant managerial assistance may include, but is not limited to, guidance and counsel concerning the portfolio company’s management, operations, business objectives and policies, arrangement of financing, management of relationships with financing sources, recruitment of management personnel and evaluation of acquisition and divestiture opportunities. Borrower hereby acknowledges and agrees that it may request such assistance at any time from Hercules Capital, Inc. by contacting xxxxx@xxxx.xxx.
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Managerial Assistance. Buyer shall provide managerial Assistance to Issuer, in the form of professional consultation and advice, but Buyer shall not manage the day to day operations of Issuer, who shall remain operationally autonomous. Buyer and Issuer shall not consolidate financial statements.
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Managerial Assistance. During the Term and so long as any --------------------- obligations under this Lease remain outstanding: (a) Lessor shall make available to Lessee "significant managerial assistance" , as defined in Section 2(a) (47) of the Investment Company Act of 1940, as amended, either in the form of: (i) consulting arrangements with Lessor or any of its officers, directors, employees or affiliates, (ii) Lessee's allowing Lessor to designate members of Lessee's Board of Directors, or (iii) Lessor, at Lessee's request, seeking the services of third-party consultants to aid Lessee with respect to its management and operations; and (b) Lessee may in its discretion, permit Lessor, as a "venture capital operating company," to participate in, and influence the conduct of management of Lessee through the exercise of "management rights", as those terms are defined in Section 2510.3-101 of the U.S. Department of Labor's regulations, Title 29 of the Code of Federal Regulations.
Sample 1
Managerial Assistance. Borrower acknowledges that Lxxxxx has elected to be regulated as a business development company under the 1940 Act, and as such is required to make available significant managerial assistance to its portfolio companies. Significant managerial assistance may include, but is not limited to, guidance and counsel concerning the portfolio company’s management, operations, business objectives and policies, arrangement of financing, management of relationships with financing sources, recruitment of management personnel and evaluation of acquisition and divestiture opportunities. Borrower hereby acknowledges and agrees that it may request such assistance at any time from Lender by contacting lxxxx@xxxx.xxx.
Sample 1
Managerial Assistance. Each Loan Party acknowledges that Hercules Capital, Inc. has elected to be regulated as a business development company under the 1940 Act, and as such is required to make available significant managerial assistance to its portfolio companies. Significant managerial assistance may include, but is not limited to, guidance and counsel concerning the portfolio company’s management, operations, business objectives and policies, arrangement of financing, management of relationships with financing sources, recruitment of management personnel and evaluation of acquisition and divestiture opportunities. Each Loan Party hereby acknowledges and agrees that it may request such assistance at any time from Hercules Capital, Inc. by contacting [ ].
Sample 1
Managerial Assistance. The Borrower acknowledges that Alcentra is a Business Development Company under the Investment Company Act (in such capacity, “BDC Purchaser”). BDC Purchaser will make available significant managerial assistance to the Borrower as required by the Investment Company Act. As such, BDC Purchaser’s officers, directors and employees are available to provide the Borrower with guidance and counsel with respect to various management concerns, including operations or business objectives, implementing best practices and policies, selective participation in board and management meetings (to the extent BDC Purchaser does not already have a board observer position in connection with the financing), consulting with the Borrower’s officers and executives on significant management matters, reviewing proposed annual budgets and operating plans or providing other organizational and financial guidance. In connection with providing such managerial assistance, BDC Purchaser may need to examine the books and records of the Borrower and inspect its facilities at reasonable times and intervals concerning the general status of the Borrower’s financial condition and operations, provided that access to confidential proprietary information and facilities need not be provided. BDC Purchaser agrees that any confidential information provided to or learned by it in connection with providing such managerial assistance shall be kept in confidence in keeping with the confidentiality provisions set forth herein.
Sample 1
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Managerial Assistance. The Borrowers acknowledge that Triangle and Alcentra are each a Business Development Company under the Investment Company Act (Triangle and Alcentra, together with any other Lender qualifying as a Business Development Company, a “BDC Purchaser”). Each BDC Purchaser will make available significant managerial assistance to the Borrowers as required by the Investment Company Act. As such, each BDC Purchaser’s officers, directors and employees are available to provide the Borrowers with guidance and counsel with respect to various management concerns, including operations or business objectives, implementing best practices and policies, selective participation in board and management meetings (to the extent such BDC Purchaser does not already have a board observer position in connection with the financing), consulting with the Borrowers’ officers and executives on significant management matters, reviewing proposed annual budgets and operating plans or providing other organizational and financial guidance. In connection with providing such managerial assistance, each BDC Purchaser may need to examine the books and records of the Borrowers and inspect its facilities at reasonable times and intervals concerning the general status of the Borrowers’ financial condition and operations, provided that access to confidential proprietary information and facilities need not be provided. Each BDC Purchaser agrees that any confidential information provided to or learned by it in connection with providing such managerial assistance shall be kept in confidence in keeping with the confidentiality provisions set forth herein.
Sample 1
Managerial Assistance. During the Term and so long as any obligations under this Lease remain outstanding: (a) Lessor shall make available to Lessee, to be accepted at Lessxx'x xption, "significant managerial assistance", as defined in Section 2(a)(47) of the Investment Company Act of 1940, as amended, either in the form of: (i) consulting arrangements with Lessor or any of its officers, directors, employees or affiliates (ii) Lessee's allowing Lessor to propose potential members of Lessxx'x Xoard of Directors, ox. (iii) Lessor, at Lessxx'x xequest, seeking the services of third-party consultants to aid Lessee with respect to its management and operations; and (b) Lessee shall permit Lessor, as a "venture capital operating company," to participate in, and influence the conduct of management of Lessee through the exercise, in the manner set forth in Section 24(b), of "management rights", as those terms are defined in Section 2510.3-101 of the U.S. Department of Labor's regulations, Title 29 of the Code of Federal Regulations.
Sample 1

Related to Managerial Assistance

  • Legal Assistance The Board shall give full support including legal and other assistance for any assault upon the employee while properly acting in the discharge of his/her duties.

  • Financial Assistance Subject to the terms and conditions contained herein, the Director hereby grants to the Recipient financial assistance, as established in this section, for the sole and express purpose of paying or reimbursing the eligible costs certified to the Director under this Agreement for the completion of the Project.

  • Educational Assistance Section 1. Tuition reimbursement shall be provided to employees covered by this collective bargaining AGREEMENT under the same terms and conditions, policies and procedures as the rest of Hennepin County and reflecting a county–wide pool for funding. See Hennepin County Tuition Reimbursement Policy Frequently Asked Questions Section 2. Where courses are required and certified by the appointing authority as essential to current job performance, such appointing authority shall grant 100% reimbursement for tuition, required fees and required study materials. Section 3. At the request of an employee, an Individual Development Plan shall be established. Any employee making the request shall be provided with paid time to work with their Supervisor or Human Resources to develop a training plan for career development within Hennepin County. Human Resources will be a source of career information, and postings, in which the employee may have an interest. Time allotted for this activity and the training plan adopted shall be subject to mutual agreement of the Employee and Supervisor.

  • Additional Assistance If you do not understand any of the foregoing Terms and Conditions or if you have any questions or comments, we invite you to contact us at any time. This means you should contact us beforehand if anything of these Terms and Conditions is unclear, unfair or unacceptable to you. Our Commitment to Security and Privacy: To prevent unauthorized access, maintain data accuracy, and ensure the correct use of information, we have put in place the appropriate and reasonable physical, electronic, and managerial procedures to safeguard and secure the information we collect online. Please see our Privacy Policy for further information.

  • Mutual Assistance The Parties will do all things reasonably necessary or appropriate to carry out the terms and provisions of this Agreement and to aid and assist each other in carrying out such terms and provisions.

  • OPWC Financial Assistance Subject to the terms and conditions contained herein, the OPWC hereby agrees to provide to the Recipient financial assistance not to exceed the amount as set forth in Appendix C of this Agreement for the sole and express purpose of paying or reimbursing the costs certified to the OPWC under this Agreement for the completion of the Project (the "Funds").

  • Technical Assistance DFPS may provide informal support, guidance, clarification, and other forms of technical assistance via phone, email, and virtual meeting to resolve Grant or performance compliance issues. Grantee will document all such instances of technical assistance by DFPS in writing, including any implementation work.

  • Emergency Assistance Both Parties shall exercise due diligence to avoid or mitigate an Emergency to the extent practical in accordance with applicable requirements imposed by the Standards Authority or contained in the PJM Tariffs and NYISO Tariffs. In avoiding or mitigating an Emergency, both Parties shall strive to allow for commercial remedies, but if commercial remedies are not successful or practical, the Parties agree to be the suppliers of last resort to maintain reliability on the system. For each hour during which Emergency conditions exist in a Party’s Balancing Authority Area, that Party (while still ensuring operations within applicable Reliability Standards) shall determine what commercial remedies are available and make use of those that are practical and needed to avoid or mitigate the Emergency before any Emergency Energy is scheduled in that hour.

  • Structure of Assistance The Program is envisioned as a revolving fund. The Program will make a five-year, non-recourse, zero-percent forgivable, non- amortizing loan in which a second lien is recorded on the property. Twenty percent of the loan will be forgiven for each year the loan is outstanding. If the property is sold or refinanced prior to the loan termination date, the Program will recover funds should sufficient equity be available from the transaction. The Program will recycle recovered funds in order to provide additional program assistance until December 31, 2017, at which time any recovered funds will be returned to Treasury.

  • Turnover Assistance Grantee will provide any assistance and actions reasonably necessary to enable System Agency or its designee to effectively close out the Grant Agreement and transfer the performance and obligations of the Grant Agreement to another Grantee or to System Agency if necessary. Grantee agrees that this obligation survives the termination, regardless of whether for cause or convenience, or the expiration of the Grant Agreement and remains in effect until completed to the satisfaction of System Agency.

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