Commercial Management Agreements definition

Commercial Management Agreements means the commercial management agreements in the Agreed Form entered into between the Commercial Manager and the Owners of the Vessels in connection with the Existing Shareholders’ Agreement, which for the avoidance of doubt shall remain in effect under such terms previously agreed to by the Parties;
Sample 1
Commercial Management Agreements has the meaning given to it in Clause 3.1 of the Joint Venture Agreement;
Sample 1
Commercial Management Agreements means (i) that certain ship management agreement made by and among, inter alios, the applicable Subsidiary listed on Schedule III hereto under the heading “Direct Owner”, and Diamond S Management, as Commercial Manager, each as in effect on the date hereof and without giving effect to any amendments, restatements, supplements or other modifications thereto (other than any amendments, restatements, supplements or other modifications thereto solely to add or remove Vessels (as defined therein) (other than Collateral Vessels)) and (ii) each other ship management agreement entered into by the Borrower or another Credit Party and a Commercial Manager other than Diamond S Management, a copy of which is delivered to the Administrative Agent.
Sample 1

Examples of Commercial Management Agreements in a sentence

  • The data currently suggests that around 47% of CFIs fall into this category and have nointention of becoming airline pilots in the long-term.

  • The audit and risk committee of the Trustee-Manager (which comprises the three independent directors of the Trustee-Manager) is of the view that the appointment of the Property Manager and the Commercial Manager to provide the services under each of the Property Management Agreements and each of the Commercial Management Agreements, respectively, is based on normal commercial terms and is not prejudicial to the interests of Dasin Retail Trust and its minority unitholders.

  • The Trustee-Manager had considered the terms of the Property Management Agreements and the Commercial Management Agreements, and had found them (including the aforementioned changes) to be in line with the market practice for property management agreements or, as the case may be, commercial management agreements.

  • A market comparison on the fees and terms and conditions of the Property Management Agreements and the Commercial Management Agreements was undertaken by the Trustee-Manager, and the Trustee-Manager found the Property Management Agreements and Commercial Management Agreements (including the reimbursable employee related expenses) to be comparable to the market.

  • Finally, in some cases we observe sharply decreasing marginal returns in the last decade of the sample, that is, the 2000s, while in other cases the evolution of the marginal products seem to be much more stable.

  • Commercial Management Agreements and Technical Management Agreements.

  • We also employ third-party commercial managers on a limited basis for some of our vessels in the spot market through Commercial Management Agreements (“CMAs”).

  • Fees Under the Commercial Management Agreements, the relevant Commercial Manager is entitled to the commercial management fees set out below, to be borne out of the assets of Dasin Retail Trust.

  • Derived by annualising the NPI of the Properties from 1 January 2019 to 31 August 2019 and assuming that the Property Management Agreements and Commercial Management Agreements were in place from 1 January 2019.

  • The total value of all interested person transactions includes the approximately S$24.2 million relating to the value which comprise of the aggregate fees payable and expenses to be reimbursed to the Property Manager and the Commercial Manager under the extended Property Management Agreements and the extended Commercial Management Agreements (each as defined herein).


More Definitions of Commercial Management Agreements

Commercial Management Agreements means collectively, (x) all existing commercial ship management agreements as listed on Schedule IV and (y) any commercial management agreement respecting a Collateral Vessel with an Affiliate of the Borrower (including any Diamond S Management Agreement).
Sample 1
Commercial Management Agreements has the meaning specified in Section 3.01(a)(iv)(B).
Sample 1
Commercial Management Agreements means, collectively (a) that certain Commercial Management Agreement, dated as of the Closing Date, between the Borrower and Capital Ship Management, as Commercial Manager, and (b) that certain Ship Management Agreement made by and among, inter alios, DSS Vessel III and Diamond S Management, as Commercial Manager, each as in effect on the date hereof and without giving effect to any amendments, restatements, supplements or other modifications thereto (other than any amendments, restatements, supplements or other modifications thereto solely to add or remove Vessels (as defined therein) (other than Collateral Vessels)).
Sample 1
Commercial Management Agreements means any or all of them;
Sample 1

Related to Commercial Management Agreements

  • 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;

  • 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.

  • Hotel Management Agreement means any management agreements between a Hotel Management Company and Lessee and/or Landlord, as applicable, as such management agreements are amended from time to time for the Hotel.

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

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

  • 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.

  • 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.

  • 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.

  • 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.

  • Property Management Agreement means any Property Management Agreement between the Company and the Property Manager.

  • 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.

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

  • 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.

  • Sponsor Management Agreement means the management agreement between certain of the management companies associated with the Sponsor Group or their advisors and the Borrower.

  • Asset Management Plan means a plan created by the department and approved by the state transportation commission or a plan created by a local road agency and approved by the local road agency's governing body that includes provisions for asset inventory, performance goals, risk of failure analysis, anticipated revenues and expenses, performance outcomes, and coordination with other infrastructure owners.

  • Marketing Agreement means an agreement entered into, with the director, by producers, distributors, processors, or handlers pursuant to this act and binding only on those signing the agreement.

  • Development Agreements means all development, utility or similar agreements included in the Permitted Encumbrances.

  • Asset management means a systematic process of operating and maintaining the state system of

  • Project Management Plan means the management plan that (i) sets out a high level workplan to describe the manner in which the Design-Builder will manage the Project, including to address related matters such as traffic management and communications, and (ii) is prepared by or for the Design-Builder and submitted to the Owner;

  • energy management system means a set of interrelated or interacting elements of a plan which sets an energy efficiency objective and a strategy to achieve that objective;

  • Secured Treasury Management Agreement means any Treasury Management Agreement between any Loan Party and any Treasury Management Bank; provided, that for any of the foregoing to be included as a “Secured Treasury Management Agreement” on any date of determination by the Administrative Agent, the applicable Treasury Management Bank (other than the Administrative Agent or an Affiliate of the Administrative Agent) must have delivered a Secured Party Designation Notice to the Administrative Agent prior to such date of determination.