Administrative Management Agreement definition

Administrative Management Agreement means any management agreements between either of the Issuers or any of the Subsidiary Guarantors and BMCLP, pursuant to which BMCLP provides management services to such Issuer or such Subsidiary Guarantors. "Adjusted Net Assets" of a Subsidiary Guarantor at any date means the lesser of the amount by which (x) the fair value of the property of such Subsidiary Guarantor exceeds the total amount of liabilities, including, without limitation, the probable liability of such Subsidiary Guarantor with respect to its contingent liabilities (after giving effect to all other fixed and contingent liabilities incurred or assumed on such date), but excluding liabilities under the Subsidiary Guarantee of such Subsidiary Guarantor at such date and (y) the present fair salable value of the assets of such Subsidiary Guarantor at such date exceeds the amount that will be required to pay the probable liability of such Subsidiary Guarantor on its debts (after
Sample 1
Administrative Management Agreement means any agreement for inter alia overhead sharing, general management services, marine management, commercial services, marketing and tendering activities provided by a Manager (currently provided by Floatel International AB) entered intobetween the relevant Manager and the relevant Group Company (as entered into, amended and/or terminated from time to time).
Sample 1
Administrative Management Agreement means any agreement between the Lessee and any Administrative Manager pursuant to which such Administrative Manager undertakes to oversee the activities or operations of the Lessee.
Sample 1

Examples of Administrative Management Agreement in a sentence

  • On July 1, 2017, the Company entered into the Operating and Administrative Management Agreement (the Operating Agreement) with SPLC, which provides the guidelines under which SPLC is to operate and maintain the Pipeline and perform all required administrative functions.

  • On July 1, 2017, the Company entered into the Operating and Administrative Management Agreement (the Operating Agreement) with Shell Pipeline Company, LP.

  • Summary of Significant Accounting Policies The Company entered into the Operating and Administrative Management Agreement (the Operating Agreement) with SPLC on July 1, 2017, which provides the guidelines under which SPLC is to operate and maintain the Pipeline and perform all required administrative functions.

  • The school improvement program enables schools to provide quality of education by capacitating them, taking experiences of schools having good performance in country and the experiences of other countries.

  • Administrative Management Agreement" means any management agreements between either of the Issuers or any of the Subsidiary Guarantors and BMCLP, pursuant to which BMCLP provides management services to such Issuer or such Subsidiary Guarantors.

  • Xxxxx, Xx., X.D. shall fail to own and control directly the shares of each PA which are owned by him on the Closing Date except for (i) transfers contemplated by the Succession Agreement to which he is a party, (ii) any PA which is no longer in existence as a result of a transaction permitted by Section 8.3 and (iii) any professional association or corporation no longer a party to an Administrative Management Agreement.

  • Parent will comply, and will cause each Subsidiary and each PA to comply, in all material respects with all agreements, contracts, and instruments binding on it or affecting its properties or business, including, without limitation, each ER Management Contract and each Administrative Management Agreement to which it is a party.

  • Parent will, and will cause each Subsidiary and each PA to maintain in effect each Administrative Management Agreement now existing or hereafter entered into except an Administrative Management Agreement may be terminated if the assets of the PA that is a party thereto are disposed of in a transaction permitted by Section 8.3 or Section 8.7.

  • BMCLP and each Company now desire to subordinate BMCLP's right to receive payment under each Administrative Management Agreement as and to the extent herein provided.

  • The Partnership has retained, or shall retain, NDP and PAS to manage certain functions and responsibilities of the Partnership pursuant to Sections 3.2, 3.3 and 4.1 and 4.2 of the Development and Operational Agreement, which (together with the Operational Management Agreement and the Administrative Management Agreement) shall govern the rights and obligations of NDP and PAS with respect thereto.


More Definitions of Administrative Management Agreement

Administrative Management Agreement means any agreement for inter alia overhead sharing, general management services, marine management, commercial services, marketing and tendering activities provided by a Manager (currently provided by Floatel International AB) entered into
Sample 1
Administrative Management Agreement means any management agreements between either of the Issuers or any of the Subsidiary Guarantors and BMCLP, pursuant to which BMCLP provides management services to such Issuer or such Subsidiary Guarantors.
Sample 1
Administrative Management Agreement means that certain Administrative Management Agreement contemplated by Section 4.2 of the Development and Operational Agreement.
Sample 1
Administrative Management Agreement means the agreement for inter alia overhead sharing, general management services, marine management, commercial services, marketing and tendering activities provided by the Administrative Manager entered into between the Administrative Manager and the relevant Group Company (as entered into, amended and/or terminated from time to time).
Sample 1

Related to Administrative Management Agreement

  • Investment Management Agreement means the Investment Management Agreement, dated as of the date hereof, by and between the Investment Manager and the Borrower.

  • Construction Management Agreement means the Construction Management Agreement, dated as of the date of the Common Agreement, between Construction Manager and the Project Company.

  • Sponsor Management Agreement means the Management Agreement between certain of the management companies associated with the Sponsors and the Borrower.

  • Asset Management Agreement means, as the context requires, any agreement entered into between a Series and an Asset Manager pursuant to which such Asset Manager is appointed as manager of the relevant Series Assets, as amended from time to time.

  • Collateral Management Agreement The agreement dated as of the Closing Date, between the Issuer and the Collateral Manager relating to the management of the Collateral Obligations and the other Assets by the Collateral Manager on behalf of the Issuer, as amended from time to time in accordance with the terms thereof.

  • Project Management Agreement means the agreement dated the 20th February 1985 made between the Trustee and the Manager providing for the Manager to manage and co-ordinate the development and construction of the Resort and includes, if that agreement is terminated, any other agreement in like and similar terms made with the prior consent of the Minister;

  • Administrative Services Agreement has the meaning set forth in Section 2.1(d).

  • Rate Management Agreement means any agreement, device or arrangement providing for payments which are related to fluctuations of interest rates, exchange rates, forward rates, or equity prices, including, but not limited to, dollar-denominated or cross-currency interest rate exchange agreements, forward currency exchange agreements, interest rate cap or collar protection agreements, forward rate currency or interest rate options, puts and warrants, and any agreement pertaining to equity derivative transactions (e.g., equity or equity index swaps, options, caps, floors, collars and forwards), including without limitation any ISDA Master Agreement between Borrower and Lender or any affiliate of Fifth Third Bancorp, and any schedules, confirmations and documents and other confirming evidence between the parties confirming transactions thereunder, all whether now existing or hereafter arising, and in each case as amended, modified or supplemented from time to time.

  • Existing Management Agreement means that certain management agreement between the Seller and the Existing Manager for the operation and management of the Hotel.

  • Replacement Management Agreement means, collectively, (a) either (i) a management agreement with a Qualified Manager substantially in the same form and substance as the Management Agreement, or (ii) a management agreement with a Qualified Manager, which management agreement shall be reasonably acceptable to Lender in form and substance, provided, with respect to this subclause (ii), Lender, at its option, may require that Borrower shall have obtained prior written confirmation from the applicable Rating Agencies that such management agreement will not cause a downgrade, withdrawal or qualification of the then current rating of the Securities or any class thereof and (b) an assignment of management agreement and subordination of management fees substantially in the form then used by Lender (or of such other form and substance reasonably acceptable to Lender), executed and delivered to Lender by Borrower and such Qualified Manager at Borrower’s expense.

  • Asset Management Plan means a strategic document that states how a group of assets are to be managed over a period of time. The plan describes the characteristics and condition of infrastructure assets, the levels of service expected from them, planned actions to ensure the assets are providing the expected level of service, and financing strategies to implement the planned actions. The plan may use any appropriate format, as long as it includes the information and analysis required to be in a plan as described in Ontario’s Building Together: Guide for Asset Management Plans.

  • Adaptive management means reliance on scientific methods to test the results of actions taken so that the management and related policy can be changed promptly and appropriately.

  • Administrative Agreement means the agreement described in subsection 1.2 (1); (“accord d’application”)

  • New Management Agreement means the management agreement to be entered into between Buyer and the Manager for the operation and management of the Hotel on and after the Closing Date.

  • Hotel Management Agreement means any hotel management agreement relating to the management and operation of the Real Property together with all supplements, amendments and modifications thereto.

  • Security Management Plan means the Supplier's security management plan prepared pursuant to paragraph 3 of schedule 2 an outline of which is set out in paragraph 2.7 of the Order Form as updated from time to time;

  • Property Management Agreement means that certain management agreement between the Company and the Property Manager with respect to the management of the Property.

  • Treasury Management Agreement means any agreement governing the provision of treasury or cash management services, including deposit accounts, overdraft, credit or debit card, funds transfer, automated clearinghouse, zero balance accounts, returned check concentration, controlled disbursement, lockbox, account reconciliation and reporting and trade finance services and other cash management services.

  • Project Management Plan means the portion of the Project Development Plan providing the information requested in Section 4.2 of Exhibit B to the ITP.

  • Corporate Services Agreement means the Corporate Services Agreement dated as of the date hereof between the Borrower and the Services Provider, as amended from time to time in accordance with the terms hereof and thereof.

  • Investment Management Agreement or IMA means the Investment Management Agreement (IMA) dated December 9, 2002, executed between UTI Trustee Company Private Limited and UTI Asset Management Company Limited.

  • Procurement Management means the Director of Lee County’s Procurement Management Department or designee.

  • Management Services Agreement has the meaning set forth in Section 2.1(d).

  • Forest management plan means a written plan prepared and signed by a qualified forester that prescribes measures to optimize production, utilization, regeneration, and harvest of timber. The forest management plan shall include a schedule and timetables for the various silvicultural practices used on forestlands, which shall be a maximum of 20 years in length. A forest management plan shall include all of the following:

  • Executive Management means the CEO and the CFO for purposes of administering this Plan.

  • Administrative Plans means investment plans offered by the Management Company and approved by the Commission, where such plans allow investors a specific investment strategy in any one or a combination of Schemes managed by the Management Company in accordance with the conditions specified by SECP.