Management Agreement Termination Fee definition

Management Agreement Termination Fee means any cash payment by the Company and/or its Subsidiaries to Xxxxxx Xxxxxx, Inc., pursuant to, and in full settlement and termination of, the Management Agreement, dated as of June 28, 2004 (as amended or supplemented from time to time), by and among Xxxxxx Xxxxxx, Inc., the Company, Holdco and Xxxx.
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Management Agreement Termination Fee means any cash payment by the Company and/or its Subsidiaries to Castle Harlan, Inc., pursuant to, and in full settlement and termination of, the Management Agreement, dated as of June 28, 2004 (as amended or supplemented from time to time), by and among Castle Harlan, Inc., the Company, Holdco and Ames.
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Management Agreement Termination Fee means the fee in the aggregate amount of $7,400,000 payable by the Credit Parties to Sponsor and the Additional Management Advisors upon consummation of the Thermon IPO in connection with the termination of the Management Agreement.
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Examples of Management Agreement Termination Fee in a sentence

  • Upon execution of the grant disbursement agreement, the Village will reimburse ESD for all out-of-pocket expenses incurred in connection with the project.


More Definitions of Management Agreement Termination Fee

Management Agreement Termination Fee means the fees and expenses, estimated to be approximately $8.4 million, to pay the termination fee in connection with the termination of MHLLC’s management agreement with Xxxxxx Xxxxxx, Inc. and related documentation.
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Management Agreement Termination Fee has the meaning set forth in Section 9.1.1 of this Agreement.
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Related to Management Agreement Termination Fee

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

  • Agreement Termination Date is defined in Section 7.4.

  • Company Termination Fee has the meaning set forth in Section 7.3(a).

  • Reverse Termination Fee has the meaning set forth in Section 7.02(b).

  • Sponsor Termination Fees means the one-time payment under the Sponsor Management Agreement of a termination fee to the Sponsor and its Affiliates in the event of either a Change of Control or the completion of a Qualifying IPO.

  • Termination Fee Event has the meaning ascribed thereto in Section 5.2(a);

  • Termination Fee has the meaning set forth in Section 7.02(a).

  • Commitment Termination Date means the earliest to occur of (a) the Maturity Date, (b) the date the Commitments are permanently reduced to zero pursuant to Section 2.8, and (c) the date of the termination of the Commitments pursuant to Article VIII.

  • Commitment Termination Event means (a) the occurrence of any Event of Default described in clauses (a) through (d) of Section 8.1.9, or (b) the occurrence and continuance of any other Event of Default and either (i) the declaration of the Loans to be due and payable pursuant to Section 8.3, or (ii) in the absence of such declaration, the giving of notice to the Borrower by the Administrative Agent, acting at the direction of the Required Lenders, that the Commitments have been terminated.

  • Management Fee Subordination Agreement means that certain Amended and Restated Management Fee Subordination Agreement, dated as of the Closing Date, by and between the Sponsor and Agent and acknowledged by the Borrower.

  • Early Termination Fee has the meaning set forth in Section 7.2.

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

  • Forbearance Termination Date means the earlier to occur of (i) the closing of a Transaction; (ii) October 31, 2001, or (iii) the date upon which the Forbearance Default occurs.

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

  • Initial Termination Date has the meaning set forth in Section 8.2(a).

  • Termination Base Salary means that amount equal to Executive’s annual base salary with the Company at the rate in effect immediately prior to the Change of Control or, if a greater amount, Executive’s annual base salary at the rate in effect at any time thereafter.

  • Reimbursement Agreement as defined in Section 2.8(b).

  • Management Agreement means the agreement to be entered into between the Borrower and the Manager providing for the ship management and crewing services of the Vessel, such agreement to be in the form and on the terms and conditions required by the Agent;

  • Advisory Agreement means the agreement between the Company and the Advisor pursuant to which the Advisor will direct or perform the day-to-day business affairs of the Company.

  • 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.

  • Payment Agreement means a written agreement which provides

  • Scheduled Commitment Termination Date means, unless otherwise extended pursuant to and in accordance with Section 2.14, the Payment Date occurring in May 2024.

  • Forbearance Termination Event has the meaning set forth in Section 3(a) hereto.

  • 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).

  • Accretion Termination Date As defined in the Series Supplement.

  • Extended Termination Date has the meaning specified in Section 2.16(c).