Removal of Manager definition

Removal of Manager o Event of a default o DCSR drops below 1.15X. Reporting Requirements: o Certified monthly and quarterly property operating statements o Annual audited financial statements -------------------------------------------------------------------------------- [LOGO] Nomura Prospective investors are advised to carefully read, and should rely solely on, the final prospectus and 2/25/97 MD VII.DOC prospectus supplement (the "Final Prospectus") relating _______ S-24 to the securities referred to herein in making their _______ S-8 investment decision. This Structural and Collateral Term Sheet does not include all relevant information relating to the securities and collateral described herein, particularly with respect to the risks and special considerations associated with an investment in such securities. All structure and collateral information contained herein is preliminary and it is anticipated that such information will change. Any information contained herein will be more fully described in, and will be fully superseded by, the description of the collateral and structure in the prospectus supplement and Final Prospectus. Although the information contained in this Structural and Collateral Term Sheet is based on sources which Nomura Securities International, Inc. ("Nomura") believes to be reliable, Nomura makes no representation or warranty that such information is accurate or complete. Such information should not be viewed as projections, forecasts, predictions or opinions with respect to value, the actual rate or timing of principal payments or prepayments on the underlying assets or the performance characteristics of the securities. Nomura and its affiliates may in the future have a position in the securities discussed herein and may purchase or sell the same on a principal basis or as agent for another person. In addition, Nomura may act as an underwriter of such securities, and Nomura and certain of its affiliates may currently be providing investment banking and other services to the issuer of such securities and the borrowers described herein and their affiliates. Prior to making any investment decision, a prospective investor shall receive and fully review the Final Prospectus. NOTHING HEREIN SHOULD BE CONSIDERED AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY SECURITIES. -------------------------------------------------------------------------------- ===============================================================================================...

Examples of Removal of Manager in a sentence

  • Restrictions on Removal of Manager and its ManagersThe Manager may enter into joint venture relationships with various investment firms and venture funds to obtain co-investment equity on real estate acquisitions for the Company.

  • LIMITED LIABILITY COMPANY AGREEMENT4.2Term and Removal of Manager.

  • Ex. Reserve: $0.25 psf for retail $0.50 psf for office 4% of hotel revenues Collection Account: Hard Lock box Removal of Manager: o Event of a default o DCSR drops below 1.15X.

  • Letter of Support:A letter of support from the applicant’s University is required confirming both acceptance of the 80% FEC rate and that the applicant is eligible to receive BBSRC funding.

  • Term of Agreement; Resignation and Removal of Manager...................

  • The first meeting is planned for the end of September 2023.• DPSST is working with the Klamath Tribes as they work towards SB412 compliance to allow authorized tribal police officers to enforce the law off tribal lands.• Removal of Manager Signature on Administrative Closures.o The manager’s approval signature is being removed from the administrative closures because it can be viewed as DPSST approving the closure which is the policy committee’s role.

  • Without limitation, the Manager may serve as manager of other entities established to acquire, develop, operate, and lease other facilities and locations providing goods and services similar to those to be offered on the Property, and such activities shall not constitute a breach of the Manager's duty of loyalty to the Company Removal of Manager.

  • Ex. Reserve: $0.50 psf Collection Account: Hard Lock Box Removal of Manager: - Event of a default - DCSR drops below 1.15X If a tenant is moved from a collateral center to an adjacent center owned by an affiliate of the borrower Reporting Requirements: ---------------------- - Certified monthly and quarterly property operating statements - Annual audited financial statements ============================================================= Nomura Securities International, Inc.

Related to Removal of Manager

  • Board of Managers means the Board of Managers of the Company.

  • Independent Manager shall refer to a member of the Board that meets the standards of an “independent director” set forth in NASDAQ Marketplace Rule 4200(a)(15) (on any successor rule) with respect the Company, the Administrator and their respective affiliates. In the event a Special Committee is formed, the term “Independent Manager” shall, as the context requires, refer generically to each Independent Manager.

  • Removal means a removal for disciplinary reasons from the student’s current educational placement other than a suspension and change in placement to an interim alternative educational setting (IAES) ordered by an impartial hearing officer because the student poses a risk of harm to himself or herself or others.

  • Removal Event has the meaning set forth in Section 12.12 hereof.

  • Board of Management means the Board of Management of the University;

  • Phone/Electronic Transaction Security Procedures means security procedures for Phone/ Electronic Transactions as provided in writing to the Underwriter.

  • Change of Management means that Xxxxx Xxxx’x direct or indirect management responsibilities of Lead Borrower are materially diminished from those held by him as of the Closing Date, in each case, other than as a result of (a) death or (b) physical or mental incapacity.

  • Disposable respirator means a respirator for which maintenance is not intended and that is designed to be discarded after excessive breathing resistance, sorbent exhaustion, physical damage, or end-of-service-life renders it unsuitable for use. Examples of this type of respirator are a disposable half-mask respirator or a disposable escape-only self-contained breathing apparatus (SCBA).

  • Manager has the meaning set forth in 2.1.

  • ISA Manager means Investec Bank plc.

  • Independent Director/Trustee means any; (i) director or trustee of an Invesco Mutual Fund who is not an “interested person” (as defined in Section 2(a)(19) of the Investment Company Act) of an Invesco Mutual Fund; (ii) director or trustee of an Invesco ETP who is not an “interested person” (as defined in Section 2(a)(19) of the Investment Company Act) of an Invesco ETP; or (iii) member of the Invesco Canada Independent Review Committee, Invesco Canada Funds Advisory Board or Board of Directors of Invesco Corporate Class Inc. who has no other executive responsibilities or engagement in an Invesco Canada Fund or Invesco NA’s day-to-day activities beyond the scope of their duties as director/trustee.

  • Procurement Representative means the person authorized by ULA’s cognizant procurement organization to administer and/or execute this Contract.

  • Trustee Representatives has the meaning specified in Section 2.05(b).

  • Independent representative means a person who:

  • Independent Trustees means the members of the Fund’s Board of Trustees who are not "interested persons" (as defined in the 0000 Xxx) of the Fund and who have no direct or indirect financial interest in the operation of this Plan or in any agreement relating to this Plan.

  • Procurement Manager means any person or designee authorized by a state agency or local public body to enter into or administer contracts and make written determinations with respect thereto.

  • Licensee representative means an owner, director, officer, manager, employee, agent, or other representative of a licensee, to the extent that the person acts in a representative capacity.

  • Tree removal means to kill or to cause irreparable damage that leads to the decline and/or death of a tree. This includes, but is not limited to, excessive pruning, application of substances that are toxic to the tree, over-mulching or improper mulching, and improper grading and/or soil compaction within the critical root radius around the base of the tree that leads to the decline and/or death of a tree. Removal does not include responsible pruning and maintenance of a tree, or the application of treatments intended to manage invasive species.

  • Resident manager means an employee of a licensee, approved by the Department, who resides in an adult foster home, and is directly responsible for the care and services to support individuals on a day-to-day basis.

  • Managing general agent or "MGA" means any person, firm, association or corporation who manages all or part of the insurance business of an insurer, including the management of a separate division, department or underwriting office, and acts as an agent for such insurer whether known as a managing general agent, manager or other similar term, who, with or without the authority, either separately or together with affiliates, produces, directly or indirectly, and underwrites an amount of gross written premium equal to or more than 5% of the policyholder surplus as reported in the last annual statement of the insurer in any one quarter or year together with one or more of the following:

  • Phone/Electronic Transaction Security Procedures means security procedures for Phone/ Electronic Transactions as provided in writing to the Underwriter.

  • Non-Directing Holder means the Note A-2 Holder or, if Note A-2 is included in a Securitization, the holders of Certificates representing the specified interest in the class of Certificates designated as the “controlling class” or the duly appointed representative of the holders of such Certificates or such other party otherwise entitled under the Note A-2 PSA, to exercise the rights granted to the Non-Directing Holder in this Agreement. If Note A-2 is no longer in a Securitization, the Non-Directing Holder with respect to such Note will be the then-current Holder of such Note.

  • Resident Representative means (if any) the individual (or, if permitted in accordance with the Companies Acts, the company) appointed to perform the duties of resident representative set out in the Companies Acts and includes any assistant or deputy Resident Representative appointed by the Board to perform any of the duties of the Resident Representative;

  • Airport Manager means any individual who is properly appointed and designated by the airport owner as the airport manager, and who is responsible for the supervision and operation of the airport to the airport owner.

  • Non-Directing Holders means the holders of Certificates representing the specified interest in the class of Certificates designated as the “controlling class” or the duly appointed representative of the holders of such Certificates or such other party otherwise entitled under the Note A-2 PSA to exercise the rights granted to the Non-Directing Holders in this Agreement. If Note A-2 has not been included in a Securitization, the Non-Directing Holder with respect to such Note will be the then-current Holder of such Note.

  • Managing Party shall have the meaning set forth in Section 7.2(a).