Management Termination Date definition

Management Termination Date means the earlier of seventy (70) days following the Effective Date or such earlier date as Manager and Sellers may mutually agree to terminate the Management Agreement, but in no event earlier than January 10, 2008. Sellers agree to give seventy (70) days prior written notice of termination of the Management Agreement on the Effective Date substantially in the form of Exhibit N attached hereto.
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Management Termination Date means the date on which the Investment Manager ceases to act as “Investment Manager” under the Investment Management Agreement as a result of the occurrence of a Management Termination Event.
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Management Termination Date means any date on which an Existing Management Agreement for a Vessel is terminated and the New Management Agreement for that Vessel is entered into;
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Examples of Management Termination Date in a sentence

  • Each of the representations and warranties contained in clause 6.1 of this Deed and clause 7 of the Principal Agreement as amended by this Deed, clause 4 of the Corporate Guarantee and clause 3 of the Managers’ Undertakings shall be deemed to be repeated by the Borrower, the Corporate Guarantors and the Managers on the Effective Date and each Management Termination Date as if made with reference to the facts and circumstances existing on such day.

  • Purchaser shall cause all interior and exterior signage containing any Westin Names and Marks to be covered on and after the Management Termination Date and to be removed promptly after the Management Termination Date.

  • The written notice from Seller to Purchaser of the termination of the Management Agreement and the triggering of the Management Termination Date.

  • To the extent any such removal is not completed prior to Closing, Purchaser shall gxxxx Xxxxxxx and its Affiliates the right, for up to seventy-two (72) hours after the Management Termination Date, to remove, or cause to be removed such Tangible Personal Property and Intangible Personal Property.

  • On the Management Termination Date, the employment at the Hotel of all Hotel Employees shall be terminated.

  • As of the Management Termination Date, Seller represents and warrants to Buyer as set forth below.

  • In consideration for Assignee's performance of Front-Office Services in respect of the Assigned Assets from the Portfolio Management Termination Date through (but not including) the Back-Office Termination Date, General American shall pay to Assignee a quarterly fee equal to the product of (x) the market value of the Assigned Assets as determined by Assignor as at the last day of the quarter to which such payment relates and (y) the applicable percentage set forth on the Fee Schedule.

  • Reservation and front office system software, other software proprietary to the Westin system and license codes for such Hotel will not be transferred to Purchaser, and Purchaser shall be responsible at its sole cost and expense for having a new reservation and front office system in place on the Management Termination Date.

  • The Final Closing shall occur at 10:00 a.m. on or before the earlier to occur of (i) the Management Termination Date, (ii) three (3) months following achievement of a minimum of ninety percent (90%) physical occupancy or (iii) the later to occur of (A) July 1, 2000 or (B) nine (9) months following Substantial Completion.

  • For a period beginning on the date hereof and ending on the Portfolio Management Termination Date, Assignor shall continue to perform Portfolio Management Services in respect of the Assigned Assets.


More Definitions of Management Termination Date

Management Termination Date means April 30, 2008 pursuant to a modification of Seller’s original notice of termination of Management Agreement to be delivered on January 22, 2008. You and I have also discussed the need for Gxxxxxx to find a capital partner to work with on this transaction. Accordingly, a new Section 10.24 shall be added to the Agreement as follows:
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Management Termination Date means April 30, 2008 pursuant to a modification of Seller’s original notice of termination of Management Agreement to be delivered on January 22, 2008.
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Management Termination Date means April 30, 2008 pursuant to a modification of Seller’s original notice of termination of Management Agreement to be delivered on January 22, 2008.
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Related to Management Termination Date

  • Agreement Termination Date is defined in Section 7.4.

  • 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.

  • 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.

  • 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.

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

  • Outside Termination Date shall have the meaning set forth in Section 8.01(f).

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

  • Premium Termination Date With respect to the Series A Certificates, the scheduled maturity date of the Series A Certificates, with respect to the Series B Certificates, the scheduled maturity date of the Series B Certificates and with respect to the Series C Certificates, the scheduled maturity date of the Series C Certificates.

  • Senior Termination Date For each Senior Certificate Group, the Distribution Date on which the aggregate Class Certificate Balance of the related Classes of Senior Certificates has been reduced to zero.

  • Facility Termination Date means the date as of which all of the following shall have occurred: (a) the Commitments have terminated, (b) all Obligations have been paid in full (other than contingent indemnification obligations), and (c) all Letters of Credit have terminated or expired (other than Letters of Credit as to which other arrangements with respect thereto satisfactory to the Lender shall have been made).

  • Final Termination Date means the last date of the final year in which the Applicant is required to Maintain Viable Presence and as further identified in Section 2.3.E of this Agreement.

  • Lease Termination Date means the last day of the Lease Term.

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

  • Mandatory Termination Date means the "Termination Date" set forth under "Investment Summary--Essential Information" in the Prospectus for the Trust.

  • Effective Termination Date has the meaning set forth in Section 10(b) hereof.

  • Stated Termination Date means December 31, 2000.

  • 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.

  • Post-Termination Period means the twelve (12) month period beginning on the Termination Date.

  • 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.

  • 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.

  • Optional Termination Date Any Distribution Date on or after which the Stated Principal Balance (after giving effect to distributions to be made on such Distribution Date) of the Mortgage Loans is less than 10.00% of the Cut-off Date Balance.

  • Liquidity Termination Date means the earlier to occur of (a) May 12, 2014, as such date may be extended from time to time by Three Pillars’ Liquidity Banks in accordance with the Liquidity Agreement, and (b) the occurrence of an Event of Bankruptcy with respect to Three Pillars.

  • Accretion Termination Date As defined in the Series Supplement.

  • Loan Termination Date means the earliest to occur of the following: (i) as to the REVOLVING NOTES, November 1, 2012, as to the TERM NOTES, October 31, 2016, (ii) the date the OBLIGATIONS are accelerated pursuant to this AGREEMENT, and (iii) the date ADMINISTRATIVE AGENT has received (a) notice in writing from BORROWER of BORROWER’s election to terminate this AGREEMENT and (b) indefeasible payment in full of the OBLIGATIONS.

  • 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.