Manager Agreements definition
Examples of Manager Agreements in a sentence
The Trustee has the authority and responsibility to manage the Trust assets, but recognizesthe authority of any Investment Manager(s) appointed by the Committee to invest and reinvest the assets of the Trust pursuant to Investment Manager Agreement(s) and as provided in Section 5.02 of this Agreement, and agrees to cooperate with such Investment Manager(s) as deemed necessary to accomplish these tasks.
The Trustee has the authority and responsibility to manage the Trust assets, but recognizes the authority of any Investment Manager(s) appointed by the Committee to invest and reinvest the assets of the Trust pursuant to Investment Manager Agreement(s) and as provided in Section 5.02 of this Agreement, and agrees to cooperate with such Investment Manager(s) as deemed necessary to accomplish these tasks.
Upon the occurrence of the Effective Date, the Assignee shall be the “Collateral Manager” for all purposes of the Collateral Management Agreement, all other Collateral Manager Agreements and the Indenture.
There are no unwritten or oral agreements among the Parties with respect to the subject matter hereof.
The Issuer and the Insurer each hereby consents to the assignment, transfer and assumption of the Assignor’s rights, title, interest, duties, obligations and liabilities under each of the Collateral Manager Agreements (as well as the provisions of the Indenture applicable to the Collateral Manager) contemplated herein and waives any rights that it may have to further consent to, receive notice of, condition or qualify such assignment, transfer and assumption.
Each SPE Guarantor shall perform in all material respects all of its obligations under the Independent Manager Agreement to which it is a party and promptly pay any amounts owing to the Manager (as defined in the Independent Manager Agreements) pursuant to the terms thereof.
The Committee may appoint one or more Investment Managers to direct the investment of all or part of the Trust, which investments shall be made in accordance with the terms of the applicable Investment Manager Agreement(s) and the existing investment policies and procedures applicable to the Company’s nuclear decommissioning trusts, which policies and procedures may be updated from time to time by the Committee (provided that any amendment thereof shall require CPUC Approval) (the “Investment Policy”).
Assignee agrees to be bound by and to perform all of Assignor’s obligations and duties (other than the Surviving Liabilities) under each of the Collateral Manager Agreements and under the provisions of the Indenture applicable to the Collateral Manager and in accordance with the terms and condition therein.
Notwithstanding the assignment, transfer and assumption effected hereunder, each of the Collateral Manager Agreements shall remain in full force and effect, and except as specifically set forth herein, nothing contained herein shall be interpreted in any way to supersede, modify, replace, amend, change, rescind, waive or otherwise affect any provision of such agreements.
It has all necessary corporate power and authority and has taken all corporate action necessary to enter into this Agreement and the other Manager Agreements, to consummate the transactions contemplated hereby and thereby, and to perform its obligations hereunder and thereunder.