Management Fee Subordination Agreement Sample Clauses

Management Fee Subordination Agreement. The Management Fee -------------------------------------- Subordination Agreement, duly executed and delivered by the Manager, the Borrowers and the Administrative Agent.
AutoNDA by SimpleDocs
Management Fee Subordination Agreement. Agent and the other parties thereto shall have entered into the Management Fee Subordination Agreement;
Management Fee Subordination Agreement that certain Management Fee Subordination Agreement by and among InterMedia Advisors, the Administrative Agent and the Credit Parties in the form of Exhibit L, as the same may be amended, extended, supplemented or otherwise modified from time to time.
Management Fee Subordination Agreement. THIS MANAGEMENT FEE SUBORDINATION AGREEMENT (the “Agreement”) is entered into as of April 5, 2019 by and between SMALL BUSINESS COMMUNITY CAPITAL II L.P., a Delaware limited partnership (together with its successors and assigns, “Lender”) and 1847 PARTNERS LLC, a Delaware limited liability company (the “Manager”). The Lender, 1847 Xxxxxxxx, Inc., a Delaware corporation (“Borrower”) and 1847 Xxxxxxxx Holdco Inc., a Delaware corporation, are parties to a Loan and Security Agreement dated concurrently herewith (as the same may be amended, supplemented or otherwise modified, or replaced or refinanced, from time to time, the “Loan Agreement”). The Manager and Borrower are parties that certain Management Services Agreement dated as of the date hereof (as the same may be amended, supplemented or otherwise modified from time to time, the “Management Agreement”) pursuant to which the Manager provides management services to the Borrower and its subsidiaries (collectively, the “Loan Parties”). As a condition to extending credit to the Borrower under the Loan Agreement, the Lender has required the execution and delivery of this Agreement. The Manager is of the opinion that such execution and delivery is in its best interest to assist the Borrower in obtaining credit from the Lender. ACCORDINGLY, in consideration of the loans and other financial accommodations that may hereafter be made by the Lender for the benefit of the Loan Parties, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Manager hereby agrees as follows:
Management Fee Subordination Agreement. The Management Fee -------------------------------------- Subordination Agreement shall have been duly executed and delivered by the Borrowers, Mediacom Communications Corporation and the Administrative Agent.
Management Fee Subordination Agreement. The Management Fee Subordination Agreement, which shall be in form and substance satisfactory to the Lender in its sole discretion.
Management Fee Subordination Agreement. Lender shall have received a subordination of the management agreement with respect to the Fort Xxxxx Facility, in form and substance acceptable to Lender, and executed by the property manager and each Borrower.
AutoNDA by SimpleDocs
Management Fee Subordination Agreement. Agent, Purchasers and Xxxxxxx shall have executed the Management Fee Subordination Agreement.
Management Fee Subordination Agreement. The Management Fee Subordination Agreement;
Management Fee Subordination Agreement. The Agent shall have received the (a) Management Fee Subordination Agreement, duly executed by the Borrowers and the Manager and (b) Service Contract Subordination Agreement, duly executed by the Borrowers and Four.
Time is Money Join Law Insider Premium to draft better contracts faster.