Manager Affiliates Clause Samples
The "Manager Affiliates" clause defines the rights, obligations, or involvement of entities that are affiliated with the manager under the agreement. Typically, this clause clarifies whether affiliates of the manager—such as parent companies, subsidiaries, or entities under common control—are permitted to perform certain duties, receive benefits, or are bound by the same terms as the manager. For example, it may allow the manager to delegate responsibilities to its affiliates or extend indemnification protections to them. The core function of this clause is to ensure clarity regarding the role and coverage of the manager's affiliated entities, thereby preventing disputes about who is included under the agreement's provisions.
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Manager Affiliates. Subject to Management Committee approval, the Manager may enter into contracts with one or more Affiliates of the Manager to perform some or all of the activities and services that are the Manager’s duty and responsibility under this Agreement, and the Manager may assign all or any portion of any Manager Fees payable to the Manager to any Affiliate of the Manager in connection therewith. To the extent any Affiliate of the Manager performs any activities or services for the Company stated in this Agreement (or in any agreement between the Manager and the Company) to be the duty or responsibility of, or as activities or services being provided by, the Manager, such shall be at no additional cost or expense to the Company (other than the Manager Fees) and no such contracting, subcontracting or delegation by the Manager shall relieve the Manager of the ultimate duty, responsibility and liability for the performance of the Manager’s duties and responsibilities under this Agreement.
Manager Affiliates. The parent of Manager and/or other Affiliates of Manager may provide service to, provide loans and funds to, negotiate for, provide personnel to, and, from time to time take actions on behalf of or for the benefit of Manager by direct dealings with Owner or those acting for it. The parent corporation(s) or Affiliates of Manager shall not be liable to Owner for obligations or liabilities of Manager.
Manager Affiliates