Common use of OBLIGATIONS OF MANAGER; RESTRICTIONS Clause in Contracts

OBLIGATIONS OF MANAGER; RESTRICTIONS. (a) The Manager shall require each Person entering into any agreement with the Managed Entities to make such representations and warranties, if any, as may, in the judgment of the Manager, be necessary and appropriate. In addition, the Manager shall take such other action necessary or appropriate with regard to the protection of the Managed Entities and the Business.

Appears in 6 contracts

Samples: Management Agreement (Steel Partners Holdings L.P.), Management Agreement (Steel Partners Holdings L.P.), Management Agreement (Steel Partners Holdings L.P.)

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