Examples of Manager Termination Date in a sentence
Within 30 days after the removal or resignation of the Collateral Manager (the "Manager Termination Date"), by written notice to the Issuer and the Trustee, the Holders of a Majority of the Subordinated Notes (Collateral Manager Notes will not be disregarded for this purpose) may propose a Successor Manager.
Such termination by the Company will be effective upon Effective Manager Termination Date.
If no Successor Manager has been selected within 60 days of the Manager Termination Date, the Issuer, the resigning Collateral Manager, the Trustee or any Holder of Notes may petition a court of competent jurisdiction for the appointment of a Successor Manager that satisfies the Successor Criteria.
The Calculation Agent may be removed by the Issuer with the consent of the Collateral Manager (so long as no Manager Termination Date has occurred) or by the Collateral Manager (on the Issuer’s behalf), at any time.
If no Successor Asset Manager has been appointed within 120 days of the Manager Termination Date, the Issuer, the resigning Asset Manager, the Trustee or any Holder may petition any court of competent jurisdiction for the appointment of a Successor Asset Manager (as defined below).
If the Controlling Party objects, a Majority of the Subordinated Notes may follow the same procedures to make one or more additional proposals for approval of the Controlling Party; provided, that if no Successor Asset Manager has been appointed within 90 days of the Manager Termination Date, the Issuer shall appoint a Successor Asset Manager selected by the Controlling Party.
If a Manager Replacement Event occurs after the Back-Up Manager Termination Date, there will be no Back-Up Manager.
Investment Manager Termination Date has the meaning given to that term in clause 21.6(b).
Frank EijsinkCEO - General Manager Termination Date: 31.03.2017Frank Eijsink has graduated from the Applied Physics Department of Eindhoven Technology University in 1997, and from the Management Sciences and Industrial Engineering Department of the same university in 1998.
The appointment of the substitute Transaction Manager, with effect from the Transaction Manager Termination Date, is subject to the condition that, inter alia, such appointment would not result in the downgrade of the then current rating of the Class A Notes and such substitute Transaction Manager has experience and is capable of providing the services required to be provided by the Transaction Manager pursuant to the Transaction Management Agreement.