Examples of Management Agreement in a sentence
The Company shall comply with all of its duties and obligations under the Management Agreement.
Upon termination of the Management Agreement, the Company shall pay the Termination Fee to the Class H Members, pro rata in proportion to the Class H Percentage Interest of such Class H Members.
This letter agreement will also terminate automatically upon the termination of that certain Management Agreement, as amended from time to time (the “Management Agreement”), between the Company and the Manager unless a new management agreement with the Manager (or with an affiliate under common control with the Manager) becomes effective upon such termination.
Upon dissolution, liquidation, sale of substantially all of the assets of the Company or termination of the Management Agreement, including termination of the Management Agreement by the Company, the Company shall first reimburse the Manager any amounts previously reimbursed by the Manager to the Company under this letter agreement in excess of the total management fees that would have otherwise been due to the Manager by the Company.