Asset Manager definition
Examples of Asset Manager in a sentence
The Collateral Administrator and the Calculation Agent shall be entitled to rely upon direction provided by the Issuer or the Asset Manager facilitating or specifying administrative procedures with respect to the calculation of any non-Term SOFR Benchmark.
Upon the occurrence of any such veto or if no Eligible Successor has been nominated within 60 days of the date upon which notice of removal or resignation of the Asset Manager was given, a Majority of the Controlling Class may nominate an Eligible Successor; provided, that any such nominee Eligible Successor may be vetoed by a Majority of the Subordinated Notes within 30 days of notice of nomination.
The Surviving Sections shall survive any termination of this Agreement or the resignation or removal of the Asset Manager.
Nothing herein shall prevent the Asset Manager or any of its Affiliates from engaging in other businesses, or from rendering services of any kind to, or having any other kind of relationship with, the Issuer and its Affiliates, the Collateral Trustee, the Holders, the Initial Purchaser, the Loan Agent or any other Person to the extent permitted by applicable law.
The Asset Manager shall not be obligated to pursue any particular investment strategy or opportunity with respect to the Collateral.