Managing Company definition

Managing Company means the Danish Managing Company, the Swedish Managing Company or any other person appointed by an Obligor with the approval of the Facility Agent.

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Managing Company means an individual, partnership, or corporation engaged by the board of trustees of a group to implement the policies established by the board of trustees and to provide day-to-day management of the group.

Managing Company means the Managing Company of a Scheme licensed by the Commission and shall have the

Examples of Managing Company in a sentence

It is so agreed, that in any case, the Lessor and/or the Managing Company are not obligated to perform these operations/jobs/payments, and they would not be liable in any way by doing them.
In that case, the Lessee would be obliged to pay the Lessor immediately, upon demand, all the sums, or loses, or damages, that the Lessor or the Managing Company paid, or sustained, due to the execution of said operation, or job, or payment, with additional 15 (fifteen) percent of those sums, as general expenditures, along with indexation adjustments and interest according to the rate quoted in the forthcoming chapter 22.
It is hereby explicitly agreed that the Lessee would not be allowed to delay the execution of any of its obligations according to this Contract for any reason, including the delay in execution, or avoidance of doing any of the Lessor and/or the Managing Company own obligations according to this contract.
This Agreement may be amended with the written consent of the Company and the Managing Company.
The duties and obligations of the Owner and Managing Company hereunder shall be several, and not joint or collective.
The Company shall provide written notice of commencement to the Managing Company thirty (30) days prior to the commencement of the Managing Company's management and operational duties.
The Managing Company will be allowed to receive compensation of USD$50,000.00 for such failure, breach, default or non-compliance by the Owner.
The Managing Company shall have no authority to convey or otherwise transfer, pledge or encumber any property or asset of the Business of the Owner, except in the ordinary course of business.
Neither the Company nor the Managing Company shall be liable to the other party for any loss or damage to any building, improvement or other tangible property owned by the other, including but not limited to lost rents, income and profits, even though such loss or damage might have been occasioned by the negligence of such party, its employees, agents or contractors.
The Partnership and/or Corporation shall be the owner of all trade secrets and other products relating to the Partnership's and/or Corporation's business developed by members of the Managing Group alone or in conjunction with others as part of the Managing Company serving as manager for Owner.

More Definitions of Managing Company

Managing Company means the managing company licensed to operate a Unit Trust under the Securities and Exchange Commission of Sri Lanka Act, No. 36 of 1987;

Managing Company in relation to a unit trust means a company, incorporated under the law for the time being in force relating to the incorporation of companies or any body corporate established by or under any written law, managing property held by the trustee of such unit trust for the benefit of unit holders of such unit trust;

Managing Company has the meaning set forth in Section 1.2 hereof. “NCUC” has the meaning given to such term in the opening paragraph hereof.

Managing Company refers to a company which satisfies functions and competency as required by the law on housing, carries out management, operation of Apartment Building after Apartment Building has completely been constructed and put into use;