Management Termination Fee definition

Management Termination Fee shall have the meaning specified in Section 6.07(b)(xiv).
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Management Termination Fee means the fee payable to the Investment Manager on the occurrence of a Management Termination Event which is equal to 0.5 per cent. multiplied by the Aggregate Collateral Balance (together with any payment of value-added tax payable in respect thereof whether payable to the Investment Manager or directly to the relevant taxing authority) as at the Management Termination Date.
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Management Termination Fee. As defined in Section 36.1(d). -------------------------- Manager: As defined in Section 21.3. -------
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Examples of Management Termination Fee in a sentence

  • The parties hereto acknowledge and agree that the Management Fee and the Management Termination Fee are integral parts of the transactions contemplated by this Agreement.

  • The Management Termination Fee is in addition to the Management Fee and is payable irrespective of the amount of Management Fee that is otherwise payable.

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  • Notwithstanding any provision in the Fee Agreement to the contrary, after payment of the Sponsor Management Termination Fee, the Sponsor Entities and the Co-Investors hereby agree that the Company had, has and will have no obligation to accrue and/or pay, and the Sponsor Entities had, have and will have no right to receive, any past, present or future fees pursuant to the Fee Agreement.

  • The Sponsor Management Termination Fee will be divided among the Sponsor Entities in three (3) equal amounts and paid on the closing date of the IPO (the “IPO Closing Date”).

  • VCI covenants and agrees that it shall use the Revenues received by West Coast (except for any Management Termination Fee) to pay in cash all costs and expenses of West Coast incurred in the ordinary course of business during the term of this Agreement, including the Management Fee, which costs and expenses shall not exceed, at any time, the amounts set forth in the six month operating revenue and expense projections heretofore provided to West Coast, a copy of which are attached hereto as Exhibit "B".

  • Purchaser shall pay the amount of the Management Termination Fee, as described in Section 6.12.

  • Purchaser shall also deliver to the Title Company the amount of the Management Termination Fee to be delivered to Manager in accordance with the instructions set forth in the Manager Acknowledgment.

  • If Lessee rejects the Comparable Lease, Lessor shall pay the Termination Fee and Management Termination Fee to Lessee.


More Definitions of Management Termination Fee

Management Termination Fee means the one time payment under the Management Agreement of a termination fee to the Investors or their Affiliates in the event of either a Change of Control or the completion of a Qualifying IPO or as otherwise provided therein.
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Related to Management Termination Fee

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

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

  • Reverse Termination Fee shall have the meaning set forth in Section 9.2(b).

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

  • Agreement Termination Date is defined in Section 7.4.

  • Termination Fee Event has the meaning ascribed thereto in Section 8.2(2).

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

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

  • 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).

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

  • 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.

  • 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.

  • Compensation Accrued at Termination means the following:

  • 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.

  • Lease Termination Payments means all payments received by or on behalf of any Seller with respect to a Lease with respect to any terminations, surrenders, modifications, renewals or amendments of any such Lease.

  • 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.

  • 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.

  • 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.

  • Initial Termination Date has the meaning set forth in Section 9.1(b)(i).

  • Post-Termination Period means a period of 12 months (subject to extension as set forth in Section 8(f)) following the effective date of the termination of Executive’s employment.

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

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

  • Event of Termination has the meaning specified in Section 7.01.

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

  • Payment Term means the length of time for payment of a Deferred Annual Award under Section 4.2.