Management Fee Agreement definition
Examples of Management Fee Agreement in a sentence
Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Management Fee Agreement.
Any Credit Party may also pay indemnities and expense reimbursements it is required to pay under the Management Fee Agreement provided that no Default or Event of Default then exists or would result after taking into effect any such payment.
The foregoing restrictions shall not apply to transactions expressly permitted by Section 7.6, Section 7.7(h) or Section 7.8(c) or amounts paid under the Management Fee Agreement.
The foregoing restrictions shall not apply to transactions expressly permitted by Section 7.6, Section 7.7(h) or Section 7.8(c), amounts paid under the Management Fee Agreement, the entry into or performance of obligations under any customary tax sharing agreement or to transactions with a Person that is an Affiliate solely as a result of the Borrower's or any Subsidiary's ownership of Equity Interests of, or other Investments in, such Person.
As further specified in and subject to the terms and conditions of the Management Fee Agreement entered into between the Company and Neptune Parent on the Effective Date, the Company will pay Neptune Parent a monthly management fee equal to two percent (2%) of the Company’s annual net sales.