Management Termination Fees definition

Management Termination Fees means the one-time payment under the Management Services Agreement of a termination fee to Avista in the event of either a Change of Control or the completion of a Qualified IPO.
Sample 1Sample 2Sample 3
Management Termination Fees. As defined in Section 1.06 hereof.
Sample 1

Examples of Management Termination Fees in a sentence

  • If the maker and/or guarantor default in the payment of the PMP Notes, the North Andover Management Termination Fees shall be void and of no effect.

  • Seller represents that the North Andover Seller's obligation to pay the North Andover Management Termination Fees is not and shall not be subject to any condition or defense other than payment of the PMP Notes.

  • If Assignee defaults in its obligations to purchase under the Agreement with respect to the Falls, the Cash Deposit shall be forfeited to Seller as liquidated damages pursuant to Section 21(b) of the Agreement and the Falls Management Termination Fees shall be void and of no effect.

  • Notwithstanding the foregoing in this Paragraph 1(d), if the sum of the Cash Deposit and the Falls Management Termination Fees exceed One Million Dollars ($1,000,000.00), then the maximum liquidated damages hereunder shall be One Million Dollars ($1,000,000.00) and Seller shall pay any excess amount to Assignee.

  • If Assignee fails to purchase, then Seller may terminate this Agreement, in which case Seller shall retain the Cash Deposit and be released of any obligation to pay the Management Termination Fees for the Falls, collectively as the liquidated and agreed-upon damages, and neither Assignee nor Seller shall have any further liability to the other under the Agreement.

Related to Management Termination Fees

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

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

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

  • Agreement Termination Date is defined in Section 7.4.

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

  • Compensation Accrued at Termination means the following:

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

  • 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.

  • Management Fees means, with respect to each Project for any period, an amount equal to the greater of (i) actual management fees payable with respect thereto and (ii) three percent (3%) per annum on the aggregate base rent and percentage rent due and payable under leases at such Project.

  • 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.

  • 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).

  • 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.

  • 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 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.

  • 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).

  • Termination Date Disbursement means an amount drawn under a Multi-Series Letter of Credit pursuant to a Certificate of Termination Date Demand.

  • Accretion Termination Date As defined in the Series Supplement.

  • 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.

  • Accrued Servicing Fees based upon the Scheduled Principal Balance of the Mortgage Loan as calculated on a monthly basis.

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

  • Annual Fees means the annual fees charged by the Trustee for services provided as the trustee and paying agent under the Indenture.

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

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

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