Management Subordination Agreement definition

Management Subordination Agreement the Management Subordination Agreement, dated as of the Closing Date, among the Borrower, Colony Financial TRS, LLC, the Manager and the Administrative Agent.

Management Subordination Agreement means the Third Amended and Restated Management Fee Subordination Agreement, dated as of the Closing Date, between the Advisor and the Administrative Agent and substantially in the form of Exhibit H hereto.

Management Subordination Agreement. The Management Subordination Agreement as of even date herewith between Lessee and Lessor.

Examples of Management Subordination Agreement in a sentence

• The Administrative Agent shall have received an executed copy of the Management Subordination Agreement.

• All such management fees shall be subordinated to the obligations of the Borrowers hereunder in accordance with the terms contained in the Multicare Management Subordination Agreement as in effect on the date hereof.

• The Agents may condition any approval of a new Property Manager and new Management Agreement on the execution and delivery to the Agents of a collateral assignment of such Management Agreement to the Collateral Agent and a subordination of the manager’s rights thereunder to the rights of the Collateral Agent and the Lenders under the Loan Documents pursuant to a Management Subordination Agreement.

• Borrowers shall have delivered to Agent a fully executed Management Subordination Agreement, in form and substance reasonably satisfactory to the Lenders, together with a fully executed copy of the Management Agreement, in form and substance satisfactory to Agent.

• The Companies shall not pay any Management Fees during any Fiscal Year; provided, however, that the Companies may pay Sponsor Management Fees permitted under the Management Subordination Agreement.

More Definitions of Management Subordination Agreement

Management Subordination Agreement means that certain Management Fee Subordination Agreement dated as of even date herewith among Agent, Sponsor and Borrowers, as the same may from time to time be amended, restated or otherwise modified.

Management Subordination Agreement means the amended and restated management subordination agreement dated as of June 8, 2011 (as amended, amended and restated, supplemented, refinanced, replaced or otherwise modified and in effect from time to time), with, inter alia, the Borrower, the Lender, and each Senior Agent.

Management Subordination Agreement means any subordination agreement made by the managers or related parties under any Management Subordination Agreement in favor of the Agents, in form and substance satisfactory to the Agents.

Management Subordination Agreement means that certain Subordination and Intercreditor Agreement dated on or about October 1, 2007 by and among Administrative Agent, Additional Collateral Agent, the Borrowers, the Guarantors and the Management Subordinated Lenders, as the same may be amended, supplemented or otherwise modified in accordance with the terms thereof.

Management Subordination Agreement means the Subordination Agreement with reference to the Management Agreement to be executed by BHJE and Entertainment in favor of Agent Bank on behalf of Lenders pursuant to which the Management Agreement and the payment of all Management Fees are structurally and contractually subordinated to the Credit Agreement, Bank Facilities and Loan Documents on the terms more particularly set forth therein to the satisfaction of Agent Bank, as such agreement may be amended, modified, supplemented, replaced, renewed, or restated from time to time.

Management Subordination Agreement that certain Management Fee Subordination Agreement, dated as of the date hereof, among PETIQ and the Sponsor Managers pursuant to which the management fees under the Management Agreements are expressly subordinated and made junior to the payment and performance in full of the Obligations.

Management Subordination Agreement the Management Subordination Agreement, dated as of the Closing Date, among the Parent Borrower, the REIT Entity, the Manager and the Administrative Agent, as the same may be amended, restated, supplemented, modified or replaced after the date of this Agreement solely to the extent such amendment, restatement, supplement, modification or replacement is permitted under Section 7.17.