Initial Management Agreement definition

Initial Management Agreement means the Management Agreement of even date herewith between the Lessee and the Manager, as the same may be amended and/or supplemented from time to time in accordance with the provisions thereof and of the Indenture.

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Initial Management Agreement means the equipment Management Agreement dated and effective as of November 30, 1993 between Owner and Manager pursuant to which Owner purchased the Original Containers from Manager and placed them under Manager’s management on the terms set forth therein.

Initial Management Agreement means the initial management agreement entered between the Sub-lessee and Trengganu Development and Management Company Ltd (presently known as TDM Berhad)

Examples of Initial Management Agreement in a sentence

• Upon completion of construction of the Project, the Lessee shall continuously operate the Premises to serve Eligible Residents (with the exception of the ground floor cultural or retail uses) and shall enter into the Initial Management Agreement.

• The Lessee shall not modify, amend, or renew the Initial Management Agreement or enter into any other Management Agreement with a new Manager for the Project without the City Manager’s prior written consent, which consent shall not be unreasonably withheld.

• Borrower represents and warrants that the Initial Management Agreement, which is the Approved Management Agreement, has not been amended or modified since the Original Date, and remains in full force and effect.

• Lessee shall cause for the Initial Management Agreement (and any subsequent Management Agreement), the Master MCB Sublease, and Occupancy Agreements, and any vendor agreement between Lessee and any third-party involving services in excess of $50,000 to release, indemnify and hold harmless the Indemnitees in the same manner, and to the same extent, as ▇▇▇▇▇▇ has agreed to release, indemnify and hold harmless the Indemnitees in accordance with this Section.

• The fee due under the Initial Management Agreement, and the terms and provisions of the Initial Management Agreement, are subordinate to this Deed of Trust and Initial Manager agrees to attorn to Lender pursuant to and in accordance with that certain Assignment and Subordination of Management Agreement dated of even date herewith by and among Borrower, Initial Manager and Lender.

• The aforesaid reconciliations will be provided both on separate basis for each Pool of Containers and Original Containers then covered under this Agreement and/or the Initial Management Agreement and on an aggregated basis for all Pools of Containers and Original Containers then covered under this Agreement and/or the Initial Management Agreement.

• The ownership of and transfers of interests in Initial Property Manager shall be limited as set forth in the Initial Management Agreement.

• Such Initial Management Agreement (or any other management agreement entered into by the Company after the termination or expiration of such Initial Management Agreement), as the same may be amended or restated from time to time, is referred to herein as the "Management Agreement".

• As defined in, and as required by the terms of the Initial Management Agreement, the Annual Operating Budget, Marketing Budget, Capital Budget and Repairs and Equipment Estimate (collectively "Budgets") will be prepared by the Initial Property Manager and delivered to Managing Member, who will in turn deliver all such items to the other Members.

• Should such Initial Management Agreement terminate for any reason, the Company will enter into an agreement for management of the Property with an operator or operators satisfactory to SHP.

More Definitions of Initial Management Agreement

Initial Management Agreement. As described in Section 6.5.

Initial Management Agreement. Shall have the meaning set forth in the recitals hereto.

Initial Management Agreement means the Network Maintenance, Management and Services Agreement, dated the Closing Date among the Authority, the Development Corporation and OneCommunity, as initial Manager, together with any amendments and supplements thereto.

Initial Management Agreement means that certain railcar management agreement, dated as of January 29, 2015, between the Issuer and ARL.

Initial Management Agreement means the Management Agreement dated as of

Initial Management Agreement means that certain railcar management agreement, dated as of January 29, 2015, between the Issuer and ARL. “New Collateral Agency Agreement” means any collateral agency agreement among the New Collateral Agent, ARI, as manager, and each manager and each pledgor that becomes party thereto from time to time, on substantially the same terms as the Initial Collateral Agency Agreement or with such changes requested by the New Collateral Agent that in the determination of the Issuer are reasonable and consistent with current market practices at the time the new or additional collateral agency agreement becomes effective. “New Collateral Agent” means the collateral agent under the New Collateral Agency Agreement. “New Lease Administration Agreement” means any lease administration agreement among ARI, the New Lease Administrator, and the other parties set forth therein that become parties thereto from time to time, on substantially the same terms as the Initial Lease Administration Agreement or with such changes requested by the bank that in the determination of the Issuer are reasonable and consistent with current market practices at the time the new or additional lease administration agreement becomes effective. “New Lease Administrator” means ARI or a Subsidiary of ARI. 4 “Replacement Management Agreement” means a replacement railcar management agreement by and between the Issuer and ARI, on substantially the same terms as the Initial Management Agreement, after taking into account certain changes to reflect the appointment of ARI as Manager.