JVP Management definition
Examples of JVP Management in a sentence
Any delegation of the responsibilities of JVP Management or the subcontracting for such services will be subject to the prior written consent of the General Partner.
In the event of any controversy, dispute or claim arising out of or related to the termination of JVP Management “for cause” as referenced in Section 9.10(d), the parties shall negotiate in good faith in an attempt to reach a mutually acceptable settlement of such dispute.
Any such crime policy shall insure and protect the Partnership, Starwood and JVP, at a minimum, against losses, including, without limitation, those arising from theft, embezzlement, fraud, or misplacement of funds, money or documents by the General Partner, Starwood, JVP or JVP Management, but in all events with coverage of not less than $3,000,000 per incident.
If the Arbitrator determines in favor of JVP, the Arbitrator may award in favor of JVP, as damages, an amount up to all of (i) the JVP Asset Management Fees and (ii) the Transfer Fees (as defined in the Rental Pool Agreement), that, in each case, JVP Management would have received subsequent to such improper termination up through the date JVP Management is reinstated in full with a going forward right to earn JVP Management Fees and Transfer Fees.
All decisions on behalf of the Partnership under the Management Agreement or with respect to the asset management services provided by JVP Management shall be made by General Partner.
The Partnership shall pay to JVP Management, on or before the Fee Payment Date (i.e., the last day of the month in which the Ending Determination Date occurs), the agreed upon JVP Asset Management Fee with respect to the applicable Determination Month.