Expense Support Agreement definition
Examples of Expense Support Agreement in a sentence
All other terms and conditions as contained in the Expense Support Agreement shall remain unchanged and will continue to bind the Parties with respect to the transaction as contemplated therein.
Untuk kasus-kasus pertanahan yang bersifat perdata dalam arti luas, yaitu yang tidak menyangkut aspek administrasi dan pidana, sepanjang para pihak yang bersengketa menghendaki cara-cara mediasi, maka mediasidapat dilakukan.
During the Initial Term and any Renewal Term (each as defined in Section 9(a) hereof), the Company shall pay or cause to be paid to the Manager, and the Sub-Manager pursuant to Section 1(e)(ii), a base management fee (“Base Management Fee”) and total return incentive fee (“Total Return Incentive Fee”) as hereinafter set forth subject to any reduction or deferral of any Base Management Fee amounts or Total Return Incentive Fee amounts pursuant to the terms of the Expense Support Agreement.
Capitalized terms used herein and not defined shall have the meaning set forth in the Expense Support Agreement.
Except for the obligation created by a Quarterly Expense Support Agreement executed pursuant to this Section 3, the Advisor shall be under no obligation to make Expense Support Payments, and the timing and amount of any Expense Support Payment shall be solely in the discretion of the Advisor.
In addition, the expense support aspect (but not the conditional reimbursement aspect) of the Expense Support Agreement will no longer be of any force or effect subsequent thereto with respect to the Company.
Subject to the limitations set forth in Section 5(c) and any reduction or deferral of such amounts required to be reimbursed pursuant to the Expense Support Agreement and in addition to the compensation paid to the Sub-Manager pursuant to Section 3, the Sub-Manager shall be reimbursed by the Company for all third party out-of-pocket expenses incurred by the Sub-Manager at the request of or on behalf of the Company or the Manager (“Reimbursable Expenses”).
The Subordinating Parties (and, by its signature below, Administrative Agent) acknowledge and agree that each reference in the Subordination Agreement to the “Expense Support Agreement” shall mean and refer to that certain Second Amended and Restated Expense Support Agreement, dated as of January 1, 2019, by and among the Subordinating Parties, including any extensions of the term of such agreement or any similar amendments to such agreement or any similar replacement or successor agreements.
In connection with the Expense Support Agreement, the Board, including all of its independent directors, extended the term of the amended and restated investment management agreement between the Company and MCC Advisors (the “Investment Management Agreement”) and the administration agreement between the Company and MCC Advisors (the “Administration Agreement”) through the quarter ended September 30, 2020.
Pursuant to the Expense Support Agreement, LMA provides financial support and advice for the expenses of the Providers incurred in connection with their life settlement transactions businesses and the Providers are required to hire a life settlement transactions operations employee of an affiliate of LMA.