Manager Obligations definition

Manager Obligations shall have the meaning set forth in Section 2.4.2 of this Agreement and may be limited from time to time in the REIT’s discretion.

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Manager Obligations has the meaning set forth in Section 5.4 hereof.

Manager Obligations shall have the meaning set forth in Section 2.4.2 of this Agreement.

Examples of Manager Obligations in a sentence

The warranties, representations, covenants and agreements set forth herein shall survive the execution and delivery of this Agreement and shall continue in full force and effect until all the Manager Obligations and First Lien Secured Obligations shall have been paid and performed in full.
All communications shall be by fax or in writing delivered by hand and, in the case of communications for the purposes of clauses 2 (Issue and Subscription of Securities) and 4.3 (Manager Obligations) may be by telephone or by e- mail.
Subject to the terms of the Intercreditor and Subordination Agreement, as security for the payment and performance of all of the Manager Obligations, the Authority hereby pledges to the Manager and grants a continuing security interest to the Manager in all of the Authority’s right, title and interest in and to the Enterprise Collateral.
Up Cash Manager may engage and pay for the advice or service of a reputable firm of lawyers or any other professional advisers whose advice or services may to it seem reasonably necessary or expedient in connection with its assumption of the Back-Up Cash Manager Obligations pursuant to this Agreement, provided that the Back-Up Cash Manager shall not delegate its role hereunder.
Each of HET and HOCI shall be regarded, and shall be in the same position, as principal with respect to the repayment obligations of the Manager under Articles 9.01(c)(ii) and 9.01(a) of the Management Agreement (the "Manager Obligations", and together with the Guaranteed Reimbursement Obligations, the "Obligations").
However, Clause 9 (Confidentiality), Clause 11 (Limitation of Book Running Lead Manager Obligations), Clause 12 (Indemnity), Clause 13 (Governing Law) and Clause 14 (Settlement of Disputes) and ANNEXURE D (Letter of Indemnity issued by the Service Provider in favour of the BRLM) of this Agreement shall survive the termination or expiration of this Agreement, whichever is earlier.
G II further acknowledges and agrees that its failure to timely perform each and every one of Facilities Manager Obligations may or will have a material adverse impact on the Members and the Company.
Credit Facilities; Facilities Manager Obligations; Event of Default.
Pursuant to Section 3.1.2 hereof, the timely performance of the Facilities Manager Obligations is a part of G II's Original Capital Contribution to the Company.
The Loan Note Issuer agrees to appoint the Back-Up Cash Manager to act as back-up cash manager and to perform the Back-Up Cash Manager Obligations as set out in this Agreement and the Back-Up Cash Manager agrees to carry out such services.

More Definitions of Manager Obligations

Manager Obligations shall have the meaning set forth in Section 2.4.2 of this Agreement and may be limited from time to time in the REIT’s discretion. 1.20 “Merger” means the merger contemplated pursuant to the Merger Agreement. 1.21“Merger Agreement” means that Agreement and Plan of Merger, dated as of July 29, 2009, among the REIT, ARMOUR Merger Sub Corp., a Delaware corporation, and Enterprise Acquisition Corp., a Delaware corporation. 1.22“Mortgage Assets” means the following assets types of the REIT which the REIT may determine from time to time shall be solely managed by the Manager: (i)mortgage securities (or interests therein), including (a) adjustable-rate, hybrid adjustable-rate and pass-through certificates (including GNMA certificates, FNMA certificates and FHLMC certificates), (b) collateralized mortgage obligations, (c) securities representing interests in, or secured by, agency wrapped mortgages on real property other than pass-through certificates and CMOs, (d) agency mortgage derivative securities and other agency mortgage-backed and mortgage collateralized obligations, and (e) mortgage derivative securities; (ii)U.S. government issued bills, notes and bonds including general obligations of the agencies of the U.S. government (including, but not limited to GNMA, FNMA and FHLMC); and (iii)short-term investments, including short-term bank certificates of deposit, short-term U.S. Treasury securities, short-term U.S. government agency securities, commercial paper, repurchase agreements, short-term CMOs, short-term asset backed securities and other similar types of short-term investment instruments, all of which will have maturities or average lives of less than one (1) year. 1.23"New Initial Term" shall have the meaning set forth in Section 10.1 of this Agreement. 1.24“Non-Renewal Notice” shall have the meaning set forth in Section 10.1 of this Agreement. 1.25“Notice of Proposal to Negotiate” shall have the meaning set Forth in Section 10.5 of this Agreement. 1.26“Person” means any individual, corporation, partnership, joint venture, limited liability company, estate, trust, unincorporated association, any federal, state, county or municipal government or any bureau, department or agency thereof and any fiduciary acting in such capacity on behalf of any of the foregoing. 1.27“Real Estate Investment Trust” means a “real estate investment trust” as defined under the Code. 1.28“REIT” shall have the meaning set forth in the Preamble of this Agreement and shall includ...

Manager Obligations means all loans, compensation, fees, expenses and other amounts owing by the Authority or the Tribe to the Manager under or with respect to the Development and Management Agreement or the Interim Promissory Note, the Operating Note or any other Transaction Document or the Transition Loan (as each of such terms are defined in the Development and Management Agreement), including without limitation the Manager’s compensation pursuant to the Development and Management Agreement, together with any other Lakes Secured Obligations (as defined in the Intercreditor and Subordination Agreement) and any costs, expenses or other amounts hereafter owing by the Tribe or the Authority to the Bank or the Manager pursuant to the terms of this Agreement, each of the foregoing, whether now existing or hereafter incurred or arising.

Manager Obligations means all amounts owing by the Authority or the Tribe to the Manager with respect to the Lakes Development Note, the Lakes Facility Note, the Non-Gaming Land Acquisition Line of Credit, the Transition Loan Note, the Minimum Payments Note, the Lakes Working Capital Advance Note and any other Transaction Documents (as each of such terms are defined in the Development Agreement) and the Management Fee (as such term is defined in the Management Agreement), together with any other Lakes Secured Obligations (as defined in the Intercreditor and Subordination Agreement) and any costs, expenses or other amounts hereafter owing by the Tribe or the Authority to the Bank or the Manager pursuant to the terms of this Agreement, each of the foregoing, whether now existing or hereafter incurred or arising.