Examples of Manager Parent in a sentence
This Agreement constitutes an integral part of, and a condition to, the transactions contemplated by the Transaction Agreement entered into as of the date hereof by and among the Company, the Manager, Parent and Reit Management & Research Trust, a Massachusetts business trust.
Notwithstanding the preceding, Manager may assign this Agreement to any direct or indirect wholly-owned subsidiary of either Manager or Parent or to a financial institution as collateral security for the indebtedness of Manager, Parent or any of their respective Affiliates.
Related parties of the Fund include the Fund Manager, Parent of the Fund Manager and the Fund Board.
Manager Parent and Manager shall not be liable if such reasonably requested actions, once implemented, fail to have the desired result of qualifying the Company’s rental income from Lessee with respect to the Hotels or Additional Hotels as “rents from real property” pursuant to Sections 856(d)(2), 856(d)(8)(B) and 856(d)(9) of the Code.
Manager Parent has formed Manager as a limited liability company under the laws of Virginia and is the sole member of Manager.
The fifth director will be selected by majority vote of the other directors provided such director shall not be affiliated with either Manager Parent or Lessee (the “Independent Director”).
Neither Manager nor Manager Parent shall assign or in any manner sell or transfer any of its rights and interests under this Agreement or, in the case of Manager Parent, its ownership interest in Manager without the prior written consent of Company.
Manager Parent and Manager shall take all commercially reasonable actions reasonably requested by the Company or Lessee for the purpose of qualifying the Company’s rental income from Lessee with respect to the Hotels or Additional Hotels as “rents from real property” pursuant to Sections 856(d)(2), 856(d)(8)(B) and 856(d)(9) of the Code.
Upon written notice from Owner, Manager Parent shall cause Manager to adopt the Amended and Restated Operating Agreement in the form attached hereto as Exhibit B (the “Operating Agreement”) which Operating Agreement shall remain in effect following adoption through the end of the Term (as hereinafter defined).
In compliance with Title IX, Education Amendments of 1972 (prohibiting sex discrimination in education), the Garrison Union Free School District requires any person, organization, group or other entity with which it Contracts, sub-Contracts, or otherwise arranges to provide services or benefits (including Bids) to comply fully with Title IX.