Independent Manager Fee definition

Independent Manager Fee is defined in Section 4.01(a) of the LLC Agreement.
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Independent Manager Fee is defined in Section 4.01(a) of this Agreement.
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Independent Manager Fee is defined in Section 7.03(a) of the LLC Agreement and shall initially be $5,000 per annum.
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Examples of Independent Manager Fee in a sentence

  • Notwithstanding anything to the contrary in Section 11.02, no amendment or modification of Sections 4.01 (with respect to the Independent Manager Fee described in subsection (a)), 4.02, 5.04, and 7.03 of this Agreement shall be effective unless the process set forth in this Section 11.03 has been followed.

  • The Company shall pay the Independent Manager annual fees totaling not more than $5,000 per year (the "Independent Manager Fee").

  • The amounts payable in respect of the Indenture Trustee’s fees and expenses pursuant to Section 8.02(e)(i), the Servicing Fee pursuant to Section 8.02(e)(ii), the Administration Fee and the Independent Manager Fee pursuant to Section 8.02(e)(iii), the ordinary periodic Operating Expenses pursuant Section 8.02(e)(iv) and the remaining Operating Expenses pursuant to Section 8.02(e)(ix) shall not exceed [ ] in the aggregate annually unless the PUCT approve a different aggregate amount of such payments.

  • No amendment of Sections 4.01 (with respect to the Independent Manager Fee described in subsection (a)), 4.02, 5.04 and 7.03 of this Agreement that is reasonably anticipated to increase Ongoing Financing Costs shall be effective unless the process set forth in this Section 11.03 has been followed.


More Definitions of Independent Manager Fee

Independent Manager Fee has the meaning set forth in Section 7.03(a) of this Agreement.
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Independent Manager Fee is the annual fee to be paid to each Independent Manager as determined in accordance with the LLC Agreement, and shall initially be $3,500 per annum.
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Independent Manager Fee has the meaning set forth in Section 7.03(a) of the LLC Agreement and shall initially be $1,500 per annum per Independent Manager.
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Independent Manager Fee is defined in Section 6.01(a) of the LLC Agreement.
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Related to Independent Manager Fee

  • 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.

  • Independent Adviser means an independent financial institution of international repute or other independent financial adviser experienced in the international debt capital markets, in each case appointed by the Issuer at its own expense;

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) [replaced by The Companies Act, 2013 (No.18 of 2013)] and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund.

  • Investment Manager or “Manager” shall mean a party furnishing services to the Trust pursuant to any contract described in Section 4.8 hereof;

  • Independent Distributor means a person, business, or firm that is neither authorized nor franchised by an Original Component Manufacturer (“OCM”) to sell or distribute the OCM’s products but which purports to sell, broker, and/or distribute such OCM products. Independent Distributors are also referred to as unfranchised distributors, unauthorized distributors, and/or brokers.