Other Management Matters Clause Samples
The "Other Management Matters" clause serves to address additional administrative or operational issues not covered elsewhere in the agreement. It typically outlines procedures for handling day-to-day management tasks, such as reporting requirements, communication protocols, or decision-making processes between the parties. By including this clause, the contract ensures that miscellaneous but important management details are clearly defined, reducing the risk of misunderstandings and helping the parties coordinate effectively.
Other Management Matters. (a) Central and the Shareholders as Affiliates of Insight. The parties ----------------------------------------------------- agree that each Shareholder shall be an Affiliate of Insight for purposes of this Agreement so long as the management agreement between Insight and such Shareholder remains in effect and that Central shall be an Affiliate of Insight for purposes of this Agreement so long the management agreements between Insight and Shareholders holding a majority of the outstanding shares of Central remain in effect. Notwithstanding the foregoing or any other provision of this Agreement, Insight shall not be in violation of any provision of this Agreement restricting any action by its Affiliates with respect to any action taken by Central or any Shareholder to the extent that such action was caused to be taken by one or more of the Principals exercising authority reserved to the Principals under the management agreements between Insight and the Shareholders, and Insight shall not be in violation of any provision of this Agreement requiring any action by its Affiliates with respect to any action not taken by Central or any Shareholder to the extent that such action was prevented from being taken by one or more of the Principals exercising authority reserved to the Principals under the management agreements between Insight and the Shareholders.
Other Management Matters. 47 SECTION 9. ASSIGNMENT, TRANSFER, OR SALE OF INTERESTS IN THE COMPANY
Other Management Matters. The Shareholders hereby further agree that:
Other Management Matters