Asset Manager definition

Asset Manager means the manager of each of the Series Assets as specified in each Series Designation or, its permitted successors or assigns, appointed in accordance with Section 5.10.

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Asset Manager means Centurion Asset Management Incorporated, a corporation governed by the laws of the Province of Ontario that is engaged for the purpose of managing the day-to-day operations of Centurion Apartment REIT.

Asset Manager has the meaning set forth in the preamble.

Examples of Asset Manager in a sentence

As used in this section 7.2, the term “Covered Person” means (i) the Manager, Asset Manager, Property Manager and their affiliates, (ii) the members, managers, officers, employees, and agents of the Manager, Asset Manager, Property Manager and their affiliates, and (iii) the officers, employees, and agents of the Company, each acting within the scope of his, her, or its authority.
During the term, the Asset Manager will provide the Hotel Owner with the property level asset management services related to the ownership and operations of the Property as set forth on Exhibit A (the “Services”).
The Asset Manager and the Hotel Owner are and intend to remain independent parties.
The Asset Manager shall not be subject to, or have, any liability to, to the Hotel Owner or to any partner, manager, officer, employee, agent or creditor of the Hotel Owner, or to refund any Management Fees paid, for any act or omission in the course of or in connection with rendering or providing the Services under and in accordance with this Agreement other than for its gross negligence, recklessness, willful misconduct, fraud or violation of law.
The Asset Manager shall also be entitled to (i) a one-time fee of $200,000 to cover the costs of the Asset Manager in acquiring the State College Assets (as defined in the Disclosure Document); and (ii) an acquisition fee on any acquired Assets other than the State College Assets equal to 1% of the total acquisition cost of such Asset.

More Definitions of Asset Manager

Asset Manager means the Asset Manager (if any) specified in the Issue Memorandum. "Bearer Notes" means Notes in bearer form.

Asset Manager means an investment firm as defined in point (1) of Article 4(1) of Directive 2014/65/EU that provides portfolio management services to investors, an AIFM (alternative investment fund manager) as defined in point (b) of Article 4(1) of Directive 2011/61/EU that does not fulfil the conditions for an exemption in accordance with Article 3 of that Directive or a management company as defined in point (b) of Article 2(1) of Directive 2009/65/EC, or an investment company that is authorised in accordance with Directive 2009/65/EC provided that it has not designated a management company authorised under that Directive for its management;

Asset Manager means a person appointed by the governing body of a scheme who is responsible for investment management in accordance with the investment objectives and policy of the scheme;

Asset Manager means Ares CLO Management LLC, a Delaware limited liability company, in its capacity as such, until a successor Person shall have become the asset manager pursuant to the provisions of the Asset Management Agreement, and thereafter "Asset Manager" shall mean such successor Person. Each reference herein to the Asset Manager shall be deemed to constitute a reference as well to any agent of the Asset Manager and to any other Person to whom the Asset Manager has delegated any of its duties hereunder, in each case during such time as and to the extent that such agent or other Person is performing such duties.

Asset Manager means an investment firm as defined in point (1) of Article 4(1) of Directive 2014/65/EU of the European Parliament and of the Council14 providing portfolio management services to investors, an AIFM (alternative investment fund manager) as defined in Article 4(1)(b) of Directive 2011/61/EU of the European Parliament and of the Council15 that does not fulfil the conditions for an exemption in accordance with Article 3 of that Directive or a management company as defined in Article 2(1)(b) of Directive 2009/65/EC of the European Parliament and of the Council16; or an investment company authorised in accordance with Directive 2009/65/EC, provided that it has not designated a management company authorised under that Directive for its management;

Asset Manager means the Person or Persons, if any, appointed, employed or contracted with by the Company and responsible for directing or performing the day-to-day business affairs of a Series and as appointed in the respective Series Designation, including any Person to whom such Assets Manager subcontracts substantially all of such functions. The Asset Manager will not be a Member of the Company or of a Series as a result of acting in the capacity as Asset Manager hereunder.

Asset Manager means, initially, OFFERPAD, LLC, an Arizona limited liability company.