Management Agreement Termination Fee definition

Management Agreement Termination Fee means any cash payment by the Company and/or its Subsidiaries to Xxxxxx Xxxxxx, Inc., pursuant to, and in full settlement and termination of, the Management Agreement, dated as of June 28, 2004 (as amended or supplemented from time to time), by and among Xxxxxx Xxxxxx, Inc., the Company, Holdco and Xxxx.
Management Agreement Termination Fee means any cash payment by the Company and/or its Subsidiaries to Castle Harlan, Inc., pursuant to, and in full settlement and termination of, the Management Agreement, dated as of June 28, 2004 (as amended or supplemented from time to time), by and among Castle Harlan, Inc., the Company, Holdco and Ames.
Management Agreement Termination Fee means the fee in the aggregate amount of $7,400,000 payable by the Credit Parties to Sponsor and the Additional Management Advisors upon consummation of the Thermon IPO in connection with the termination of the Management Agreement.

Examples of Management Agreement Termination Fee in a sentence

  • Management Agreement Termination Fee Valuation report dated September 10, 1999 and letter dated September 14, 1999 prepared by Houlihan Lokey Howard and Zukin Financial Advisors, Inc.

  • For the avoidance of doubt, BKD shall not be entitled to receive any CCRC Sale Community Management Agreement Termination Fee if the CCRC Acquisition is consummated prior to the occurrence of any Termination Event.

  • If any CCRC Sale Community Disposition occurs prior to the consummation of the CCRC Acquisition, a termination fee in the amount set forth on Schedule 2 for each CCRC Sale Community shall accrue in favor of BKD or its affiliate (the "CCRC Sale Community Management Agreement Termination Fee") on the effective date of such termination, but such CCRC Sale Community Management Agreement Termination Fee shall only be payable by the applicable CCRC OpCo Subsidiary upon the occurrence of a Termination Event.

  • Pro forma as adjusted additional paid-in capital includes the impact of the following transactions: (i) the net proceeds from this offering of approximately $946 million; (ii) the fair value of the shares of common stock issued to the Significant Holders pursuant to the Significant Holders letter agreements of $228 million; and (iii) the $25 million portion of the Management Agreement Termination Fee to be paid in shares of our common stock on January 15, 2013.


More Definitions of Management Agreement Termination Fee

Management Agreement Termination Fee means the fees and expenses, estimated to be approximately $8.4 million, to pay the termination fee in connection with the termination of MHLLC’s management agreement with Xxxxxx Xxxxxx, Inc. and related documentation.
Management Agreement Termination Fee has the meaning set forth in Section 9.1.1 of this Agreement.

Related to Management Agreement Termination Fee

  • Parent Termination Fee has the meaning set forth in Section 7.3(b).

  • Company Termination Fee has the meaning set forth in Section 7.3(a).

  • Reverse Termination Fee has the meaning set forth in Section 7.02(b).

  • Sponsor Termination Fees means the one-time payment under the Sponsor Management Agreement of a termination fee to one or more of the Sponsors and their Affiliates in the event of either a Change of Control or the completion of a Qualifying IPO.

  • Termination Fee Event has the meaning ascribed thereto in Section 8.2(2).

  • Termination Fee has the meaning set forth in Section 7.02(a).

  • Commitment Termination Date means the earlier of (a) the Maturity Date and (b) the earlier termination in whole of the Commitments pursuant to Section 2.04 or Article VII.

  • Commitment Termination Event means the earlier of (a) automatically and without notice or further action, the occurrence of any Event of Default described in Section 7.01(i) (Bankruptcy, Insolvency, etc.) with respect to the Borrower and (b) the occurrence and continuation of any other Event of Default under this Agreement pursuant to which either a Commitment Termination Event has been expressly declared or a declaration of the Loan to be due and payable has been given, in each case pursuant to Section 7.03 (Action if other Event of Default).

  • Management Fee Subordination Agreement means that certain Amended and Restated Management Fee Subordination Agreement, dated as of the Closing Date, by and between the Sponsor and Agent and acknowledged by the Borrower.

  • Early Termination Fee has the meaning set forth in Section 2.09(b).

  • Escrow Termination Date has the meaning ascribed to such term in Section 9.12.

  • Forbearance Termination Date means the earlier to occur of (i) the Termination Date and (ii) a Termination Event.

  • Termination Agreement has the meaning set forth in the Recitals.

  • Initial Termination Date has the meaning set forth in Section 9.1(b)(i).

  • Termination Base Salary means that amount equal to Executive’s annual base salary with the Company at the rate in effect immediately prior to the Change of Control or, if a greater amount, Executive’s annual base salary at the rate in effect at any time thereafter.

  • Reimbursement Agreement as defined in Section 2.8(b).

  • Management Agreement means the agreement of the Directors in the form attached hereto as Schedule C. The Management Agreement shall be deemed incorporated into, and a part of, this Agreement.

  • Advisory Agreement means the agreement between the General Partner, the Advisor and the other parties named therein pursuant to which the Advisor will direct or perform the day-to-day business affairs of the General Partner.

  • Service Termination Date means the last Day in a month upon which Service shall terminate, as set forth in a Schedule of Service and subject to any renewal thereof.

  • Payment Agreement means a written agreement which provides

  • Scheduled Commitment Termination Date means April 16, 2024.

  • Termination Compensation means a monthly cash amount equal to one-twelfth ( 1/12th) of the highest amount of the annual cash compensation (including cash bonuses and other cash-based compensation, including for these purposes amounts earned or payable whether or not deferred) received by Executive during any one of the three (3) calendar years immediately preceding the calendar year in which Executive’s Termination Date occurs; provided, that if the cash compensation received by Executive during the Termination Year exceeds the highest amount of the annual cash compensation received by Executive during any one of the immediately preceding three (3) consecutive calendar years, the cash compensation received by Executive during the Termination Year shall be deemed to be Executive’s highest amount of annual cash compensation. In no event shall Executive’s Termination Compensation include equity-based compensation (e.g., income realized as a result of Executive’s exercise of non-qualified stock options or other stock based benefits).

  • Accretion Termination Date As defined in the Series Supplement.

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • (1) AGREEMENT.—The term Agreement’ means the United States-Bahrain Free Trade Agreement ap- proved by Congress under section 101(a)(1).

  • Event Termination Date See Section 2(e) hereof.