External Management Agreement definition

External Management Agreement means, in the event that the Approved Manager is not a member of the Group, the management agreement entered or to be entered into between the Borrower and the Approved Manager with respect to the Ship on terms reasonably acceptable to the Majority Lenders.
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External Management Agreement means, in the event that the Approved Manager is not a member of the Group, the management agreement entered or to be entered into between the Borrower and the Approved Manager with respect to the Ship;
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External Management Agreement means that certain External Management Agreement, dated July 1, 2018, by and between RVI and the Manager, as amended from time to time.
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Examples of External Management Agreement in a sentence

  • The Unit Price Performance Fee shall not be payable to ACPI in the event the REIT terminates ACPI for cause or ACPI terminates the External Management Agreement.

  • The REIT engaged ACPI or its related parties to perform asset management services for a fee of 0.4% of the gross book value, as defined in the asset management agreement (the "External Management Agreement") between the REIT and ACPI.

  • The REIT had engaged ACPI or its related parties to perform asset management services for a fee of 0.4% of the gross book value, as defined in the asset management agreement (the "External Management Agreement") between the REIT and ACPI.

  • The timing of the Proposed Internalization is also questionable given the flexibility of Agellan under the External Management Agreement to terminate that agreement and capture the primary benefit of the Proposed Internalization as soon as January 2018 for a fraction of the cost that is proposed to be paid in the Proposed Internalization.

  • Put simply, the EY valuation plainly states that it will take until the year 2028 before Agellan will have received sufficient benefit from the payment of C$15 million to its senior executive team; however in the event that the Proposed Internalization does not occur, Agellan will have the right to terminate the External Management Agreement in either 2.5 months or in January 2023.

  • However, the External Management Agreement may be terminated in early 2018 in the event that Agellan’s AFFO target is not reached, and in the event that the AFFO target is reached, then the contract will be extended for a single five-year period.

  • It will be significantly less expensive for Agellan to internalize its management function simply by waiting for the External Management Agreement to end in accordance with its terms (even if it has to wait until 2023 to do so).

  • In accordance with the External Management Agreement, the incentive fee will be measured and paid in Units, unless payment in Units triggers a taxable event for ACPI, in which case, a portion of the incentive fee may be paid in cash upon the approval of the Trustees.Property Management ServicesThe REIT engaged ACPI or its related parties to perform property management services for certain of the REIT’s properties for fees defined in the REIT’s property management agreements.

  • Camenzuli is the Chief Executive Officer of the REIT as an employee of ACPI pursuant to the External Management Agreement.

  • ACPI is also entitled to a Unit Price Performance Fee five years following the REIT's initial public offering ("IPO") or upon termination of the External Management Agreement, which shall be equal to the product of: (i) the Unit price on the date that is five years following the IPO based on the 20-day volume weighted average price of the Units on the stock exchange on which the Units are then listed, less $13.00; and (ii) $1.0 million.


More Definitions of External Management Agreement

External Management Agreement means the external management agreement dated as of January 25, 2013 and terminated on November 13, 2017, between Nallega, Agellan and the U.S. Partnership pursuant to which Nallega served as the asset manager of the properties owned by Agellan and provided certain administrative services to Agellan.
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External Management Agreement means the external management agreement dated as of January 25, 2013 between ACPI, Agellan and the Partnership pursuant to which ACPI serves as the asset manager of the properties owned by Agellan and provides certain administrative services to Agellan from time to time.
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External Management Agreement means that certain External Management Agreement, dated as of July 1, 2018 by and between RVI and DDR Asset Management, LLC, a Delaware limited liability company.
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Related to External Management Agreement

  • External Manager means either of the following: (1) A person who is seeking to be, or is, retained by a board or an investment vehicle to manage a portfolio of securities or other assets for compensation, or (2) A person who manages an investment fund and who offers or sells, or has offered or sold, an ownership interest in the investment fund to a board or an investment vehicle.

  • 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.

  • Investment Management Agreement means the Investment Management Agreement made

  • 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.

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

  • 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.

  • 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;

  • 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.

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

  • 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.

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

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

  • Holdings LLC Agreement means the Amended and Restated Limited Liability Company Agreement of Holdings dated as of the Closing Date.

  • 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.

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

  • Corporate Services Agreement means the corporate services agreement dated on or about the Closing Date between the Issuer and the Corporate Services Provider, together with any agreement for the time being in force amending or supplementing such agreement.

  • 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.

  • 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.

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) replaced by The Companies Act, 2013 (No. 18 of 2013) and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund;

  • disaster management means a continuous and integrated process of planning, organising, coordinating and implementing measures which are necessary or expedient for—

  • Stormwater management plan means the set of drawings and other documents that comprise all the information and specifications for the programs, drainage systems, structures, BMPs, concepts and techniques intended to maintain or restore quality and quantity of stormwater runoff to pre-development levels.

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

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) [replaced by The Companies Act, 2013 (No.18 of 2013)] and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund.

  • Stormwater management BMP means an excavation or embankment and related areas designed to retain stormwater runoff. A stormwater management BMP may either be normally dry (that is, a detention basin or infiltration system), retain water in a permanent pool (a retention basin), or be planted mainly with wetland vegetation (most constructed stormwater wetlands).

  • Show Management means Questex Expositions, Questex LLC, its co-sponsors and their respective agents, employees and affiliates; (d) “Hall Manage- ment” means the owner or manager of the facility in which the Show is conducted, and its employees and agents; and (e) “Hall” means the facility in which the Show is conducted.

  • external borders means external borders as defined in point 2 of Article 2 of Regulation (EU) 2016/399;