Asset Management Contract definition
Examples of Asset Management Contract in a sentence
Notwithstanding the Borrowers' internal record keeping procedures, an account receivable shall not be deemed to be more than 120 days past due with respect to any individual Asset Management Contract until 120 days shall have elapsed following the date such contract was executed, delivered and made effective.
In case of any conflict between the terms of the Asset Management Contract and those of this Agreement, the terms of this Agreement shall prevail.
Except as the Bank may otherwise agree, the Recipient shall not amend, waive or fail to enforce any provision of the Asset Management Contract.
Except as the Bank may otherwise agree, CONAFOR shall not amend, waive or fail to enforce any provision of the Asset Management Contract.
Each Stakeholder (as asset entrustor) would enter into the Asset Management Contract with Minsheng Royal Asset Management (as asset manager) and China Minsheng (as asset custodian) pursuant to which it would participate in the Asset Management Scheme by subscribing for the Senior Stake or the Junior Stake (as the case may be) and depositing the relevant investment amount into the designated account with China Minsheng.
Within the validity period of the Single Asset Management Contract, the Company shall have the right to add and withdraw the Entrusted Assets, and no restriction on the maximum amount of redemption for the withdrawal of the Entrusted Assets will be set: For the addition to the Entrusted Assets, the Company shall inform Capital Securities by email and telephone by 1 : 00 p.m. at least one business day in advance, and transfer the additional assets to the escrow account.
The actual term of the Asset Management Contract may, however, extend beyond the expiration date of this Contract.
Any Asset Management Contract between any Guarantor (or its Subsidiaries) and a Property Partnership that has received a Direct Investment or Convertible Loan and for which the Release Conditions have not then been satisfied shall (at the direction of the Agent (which direction the Agent shall provide upon the request of the Majority Banks)) be terminated, with or without cause, upon the occurrence of any Event of Default.
As a consequence of the foregoing, the Parties expressly agree that the Management Contract and the Asset Management Contract are both terminated in their entirety by the execution of the corresponding addenda and in their entirety by this Contract as of today's date.
None of the Contributors has any actual knowledge or has received any written notice that any counterparty(ies) is terminating or intends to terminate or not renew any Asset Management Contract, or has threatened to do so.