Examples of Operating Manager in a sentence
The Company will need to provide the Operating Manager 180 days’ written notice of any termination.
Notices to the Directors, to the Operating Manager, to the Company or to a Series shall be delivered to the Company’s principal place of business at 0 Xxxx 00xx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000 or as hereafter may be changed by the Board of Directors.
An independent valuation services firm selected by the Operating Manager or the Board of Directors (“Independent Valuation Advisor”) will review valuations with respect to the Company’s and each Series’ assets in accordance with valuation guidelines approved by the Board of Directors.
The Board of Directors or the Operating Manager may, but is not required to, seek the approval of the resolution of such a conflict of interest from the Audit Committee, any other committee of Independent Directors or the Shareholders.
The Independent Valuation Advisor will assist the Operating Manager in determining the estimated values of the Company’s and each Series’ asset-backed finance assets and the Administrative Agent will use the estimated values provided as well as inputs from other sources in its monthly calculation of NAV per Share.