Management Agreement definition
Examples of Management Agreement in a sentence
Except for any Contract that will terminate at or prior to the Closing, (a) none of the Purchased Assets includes any Contract or arrangement with any Seller Related Party and (b) Seller and its Affiliates are not party to any contract with AMCLX other than the Existing Investment Management Agreement.
The Adviser shall continue to have responsibility for all services to be provided to the Funds pursuant to the Management Agreement and shall oversee and review the Sub-Adviser’s performance of its duties under this Agreement.
In accordance with the Management Agreement, the Adviser hereby appoints the Sub-Adviser to act as sub-adviser with respect to each Fund for the period and on the terms set forth in this Agreement.
In the event the Management Agreement is terminated (including by means of non-renewal), the Special Limited Partner will be allocated any accrued Performance Participation Interest with respect to all Performance Partnership Units as of the date of such termination.
The Sub-Adviser will also pay all Fund operating expenses for which the Adviser is responsible under the terms of the Management Agreement.