Management Agreement Termination definition

Management Agreement Termination means a termination and partial and release and waiver in the form attached hereto as Exhibit E.
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Management Agreement Termination means the termination effective as of Closing of the Hotel Management Agreement, if applicable, substantively in the form attached hereto as Exhibit O.
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Management Agreement Termination means the agreement whereby the Management Agreement is terminated.
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Examples of Management Agreement Termination in a sentence

  • Notwithstanding Section 3.2 c., but subject to the limitation of liability set forth in sections 8.3 and 8.4 upon the occurrence of a Management Agreement Termination Event, outstanding Principal Sum and accrued and unpaid interest at the Management Agreement Termination Date will be repaid within 30 days of the Management Agreement Termination Date.

  • See paragraph 7(a)(ii) above for details of the Investment Management Agreement Termination Deed.

  • Concord Bidco, RHM and the Investment Manager have entered into a deed of termination of the RHM Investment Management Agreement, which is subject to completion of the Acquisition (the “Investment Management Agreement Termination Deed”), a summary of which appears at paragraph 7(a)(ii) of Part 7 of this document.

  • Under the Investment Management Agreement Termination Deed, the Investment Manager has also agreed to provide such transitional services to the Company and Concord Bidco in respect of RHM's portfolio and investments as shall be documented in a transition services agreement which the Investment Manager and Concord Bidco have agreed to enter into on or prior to the completion of the Acquisition.

  • At least twenty-five (25) Business Days prior to an Affected Property Management Agreement Termination, Operating Lessee agree to deliver to the Servicer (i) written notice thereof and (ii) a copy of the applicable Management Agreement Termination Budget.

  • Notwithstanding Section 3.2 c., but subject to the limitation of liability set forth in sections 8.3 and 8.4, upon the occurrence of a Management Agreement Termination Event, the outstanding Principal Sum and accrued and unpaid interest at the Management Agreement Termination Date will be repaid within 30 days of the Management Agreement Termination Date.

  • The Investment Management Agreement Termination Deed is governed by the laws of England and Wales.

  • Pursuant to the Investment Management Agreement Termination Deed, Concord Bidco, RHM and the Investment Manager have agreed that, conditional on receipt by the Investment Manager from Concord Bidco of a US$12 million termination payment, the RHM Investment Management Agreement will terminate contemporaneously with the completion of the Acquisition, following which neither Concord Bidco nor the Company will owe the Investment Manager any further fees, expenses or other compensation thereunder.

  • Resolution approving the Fourth Modification to Contract No. 50006, the Hotel Management Agreement, with Hyatt Corporation to reduce the Base Management Fees payable in 2021 and 2022, adjust certain Management Agreement Termination Events, extend the initial 10-year term by an additional two years, provide for payment of a net additional amount of$3,896,462 of Management Fees to be paid from hotel revenue, and related actions.

  • If any CCRC Sale Community Disposition occurs prior to the consummation of the CCRC Acquisition, a termination fee in the amount set forth on Schedule 2 for each CCRC Sale Community shall accrue in favor of BKD or its affiliate (the "CCRC Sale Community Management Agreement Termination Fee") on the effective date of such termination, but such CCRC Sale Community Management Agreement Termination Fee shall only be payable by the applicable CCRC OpCo Subsidiary upon the occurrence of a Termination Event.


More Definitions of Management Agreement Termination

Management Agreement Termination has the meaning set forth in Section 5.11
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Management Agreement Termination is defined in Section 2.6(a)(vii).
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Related to Management Agreement Termination

  • Agreement Termination Date is defined in Section 7.4.

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

  • 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.

  • Termination Agreement has the meaning set forth in the Recitals.

  • Employment Termination means the effective date of: (i) Executive’s voluntary termination of employment with the Company with Good Reason, or (ii) the termination of Executive’s employment by the Company without Good Cause.

  • Employment Termination Date means, with respect to a Participant, the first day upon which the Participant no longer has an employment or service relationship with the Company or any Related Company.

  • Existing Commitment Termination Date as defined in Section 2.12(a).

  • 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.

  • 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.

  • Complete Termination means a termination of the Fund's Rule 12b-1 plan for B-2 Shares involving the cessation of payments of the Distribution Fees, and the cessation of payments of distribution fees pursuant to every other Rule 12b-1 plan of the Fund for every existing or future B-Class-of-Shares (as hereinafter defined) and the Fund's discontinuance of the offering of every existing or future B-Class-of-Shares, which conditions shall be deemed satisfied when they are first complied with hereafter and so long thereafter as they are complied with prior to the earlier of (i) the date upon which all of the B-2 Shares which are Distributor Shares pursuant to Schedule I hereto shall have been redeemed or converted or (ii) May 31, 2005. For purposes of this Section 14.5, the term B-Class-of-Shares means each of the B-1 Class of Shares of the Fund, the B-2 Class of Shares of the Fund and each other class of shares of the Fund hereafter issued which would be treated as Shares under Schedule I hereto or which has substantially similar economic characteristics to the B-1 or B-2 Classes of Shares taking into account the total sales charge, CDSC or other similar charges borne directly or indirectly by the holder of the shares of such class. The parties agree that the existing C Class of Shares of the Fund does not have substantially similar economic characteristics to the B-1 or B-2 Classes of Shares taking into account the total sales charge, CDSC or other similar charges borne directly or indirectly by the holder of such shares. For purposes of clarity the parties to this agreement hereby state that they intend that a new installment load class of shares which may be authorized by amendments to Rule 6(c)-10 under the 1940 Act will be considered to be a B-Class-of-Shares if it has economic characteristics substantially similar to the economic characteristics of the existing B-1 or B-2 Classes of Shares taking into account the total sale charge, CDSC or other similar charges borne directly or indirectly by the holder of such shares and will not be considered to be a B-Class-of-Shares if it has economic characteristics substantially similar to the economic characteristics of the existing C Class of shares of the Fund taking into account the total sales charge, CDSC or other similar charges borne directly or indirectly by the holder of such shares.

  • Property Management Agreement means that certain management agreement between the Company and the Property Manager with respect to the management of the Property.

  • Management Agreement means the agreement of the Directors in the form attached hereto as Schedule C. The Management Agreement shall be deemed incorporated into, and a part of, this Agreement.

  • Service Termination Date means the last Day in a month upon which Service shall terminate, as set forth in a Schedule of Service and subject to any renewal thereof.

  • Effective Date of Termination means the date on which a Qualifying Termination occurs, as provided in Section 2.2 herein, which triggers the payment of Severance Benefits hereunder.

  • Commitment Termination Date means the earlier of (a) the Maturity Date and (b) the earlier termination in whole of the Commitments pursuant to Section 2.04 or Article VII.

  • Forbearance Termination Date means the earlier to occur of (i) the Termination Date and (ii) a Termination Event.

  • Commitment Termination Event means the earlier of (a) automatically and without notice or further action, the occurrence of any Event of Default described in Section 7.01(i) (Bankruptcy, Insolvency, etc.) with respect to the Borrower and (b) the occurrence and continuation of any other Event of Default under this Agreement pursuant to which either a Commitment Termination Event has been expressly declared or a declaration of the Loan to be due and payable has been given, in each case pursuant to Section 7.03 (Action if other Event of Default).

  • Parent Termination Fee has the meaning set forth in Section 7.3(b).

  • Termination Compensation means a monthly cash amount equal to one-twelfth ( 1/12th) of the highest amount of the annual cash compensation (including cash bonuses and other cash-based compensation, including for these purposes amounts earned or payable whether or not deferred) received by Executive during any one of the three (3) calendar years immediately preceding the calendar year in which Executive’s Termination Date occurs; provided, that if the cash compensation received by Executive during the Termination Year exceeds the highest amount of the annual cash compensation received by Executive during any one of the immediately preceding three (3) consecutive calendar years, the cash compensation received by Executive during the Termination Year shall be deemed to be Executive’s highest amount of annual cash compensation. In no event shall Executive’s Termination Compensation include equity-based compensation (e.g., income realized as a result of Executive’s exercise of non-qualified stock options or other stock based benefits).

  • Escrow Termination Date has the meaning ascribed to such term in Section 9.12.

  • 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.

  • Agreement Term has the meaning set forth in Section 11.1.

  • Standstill Termination Date means the earlier of (i) the first anniversary of the Board Rights Termination Date and (ii) the later of (A) the third anniversary of this Agreement or (B) the first anniversary of the date on which both the Purchaser Designated Director has resigned from the Board and the Purchaser has permanently waived and renounced the Purchaser’s Board observation rights and Board designation rights in Section 1 and Section 2 of this Agreement.

  • Event Termination Date See Section 2(e) hereof.

  • Network Termination Point (NTP) means the physical point at which a subscriber is provided with access to a public communications network; in the case of networks involving switching or routing, the NTP is identified by means of a specific network address, which may be linked to a subscriber number or name;