Original Manager definition

Original Manager s Undertakings” means the respective letters of undertakings issued by Kyklades Maritime Corporation dated 27 June 2017 and 28 June 2017.
Sample 1
Original Manager shall, shall initially manage the Property pursuant to the provisions of a separate management agreement in the form attached hereto as Exhibit “B” (“Management Agreement”) for a term of approximately one (1) year commencing on the date of the Management Agreement and expiring at midnight on the last day of the eleventh (11th) full calendar month following the date of the Management Agreement unless sooner terminated or extended as hereinafter provided. Original Manager or any other Property manager (“Manager”) may be discharged as Manager at any time for reasonable cause by: (i) vote of all of the Owners if the discharge will not violate the Mortgage Loan Documents; or (ii) as provided for in the Mortgage Loan Documents. Except as may be otherwise required by the Mortgage Loan Documents, the term of the Management Agreement shall be renewed or extended only with the prior consent of all of the Owners. In the event the Original Manager is no longer the Manager, the successor Manager and any successor management contract or extension or renewal thereof, will be substantially in the same form as Exhibit “B” (but with a new term and management fee). The Manager shall at all times be required by the Owners to disburse to the Owners their Pro Rata Shares of Net Cash Flow as required by Section 6. No replacement Manager shall be selected or approved without the consent of all of the Owners. Owners acknowledge that Xxxxx X. Xxxxxx and/or one or more other members of Xx. Xxxxxx’x family, have control and indirect equity interests in one or more Owners and the Manager. Owners waive the conflict of interest arising as a result thereof. Owners do not waive any claim arising from any breach of any fiduciary duty owed to the Owners by the Manager.
Sample 1
Original Manager means EL.
Sample 1

Examples of Original Manager in a sentence

  • An agreement (the “IMA”) dated 15 February 2013 and made between the Company and the Original Manager whereby the Original Manager agreed to provide discretionary investment management and advisory services to the Company in respect of its portfolio of Qualifying Investments and Non‑Qualifying Investments.

  • An agreement (the “IMA”) dated 15 February 2013 and made between the Company and the Original Manager whereby the Original Manager agreed to provide discretionary investment management and advisory services to the Company in respect of its portfolio of Qualifying Investments and Non-Qualifying Investments.

  • Novation Agreement dated 8 November 1999 between the Company, TSB Fund Managers (Channel Islands) Limited (the “OriginaI Manager”), the Custodian, the Investment Manager and the Manager, in their former names where applicable, whereby the Manager replaced the Original Manager under the Management Agreement, the Investment Management Agreement and the Custodian Agreement.

  • Notwithstanding the provisions of this clause3, no Original Manager shall be liable in respect of any breach of the Warranties if, and to the extent that, the loss caused by the breach has been recovered by the Company or any other member of the Group.

  • Original Manager or any other Property manager (“Manager”) may be discharged as Manager at any time for reasonable cause by: (i) vote of all of the Owners if the discharge will not violate the Mortgage Loan Documents; or (ii) as provided for in the Mortgage Loan Documents.

  • An agreement (the “IMA”) dated 15 February 2013 and made between the Company and Oakley Capital Management Limited (the “Original Manager”) whereby the Original Manager agreed to provide discretionary investment management and advisory services to the Company in respect of its portfolio of Qualifying Investments and Non-Qualifying Investments.

  • In the event the Original Manager is no longer the Manager, the successor Manager and any successor management contract or extension or renewal thereof, will be substantially in the same form as Exhibit “B” (but with a new term and management fee).

  • The Indemnified Parties, or referred to singularly as Indemnified Party, shall include (a) each of the General Partner, the Management Company, the Original Manager, the tax matters partner, the Partnership Representative and each liquidator of the Partnership; and (b) each partner, member, stockholder, manager, managing director, officer, director, employee, consultant, agent or Affiliate of any of the parties identified in clause (a).

  • Each Original Manager warrants as at the date of this deed to the Original Investor, (save in relation to the Warranty in paragraph7 of Schedule 2) so far as he is actually aware (having made enquiry of the subject matter of these Warranties with each of the other Original Managers) and except as Disclosed, in terms of the Warranties.

  • ALEX: Sometimes I find that things that should be simple, aren't simple, because people put barriers up.


More Definitions of Original Manager

Original Manager has the meaning set out in Schedule 4 (Manager Incentivisation Provisions);
Sample 1

Related to Original Manager

  • Regional Manager means regional executive director of the Ministry or except for Section 2.1.1(1)(a), regional executive director’s designate;

  • 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;

  • Sub-Manager Any Person with which the Property Manager or the Special Servicer has entered into a Sub-Management Agreement.

  • 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.

  • CLO Asset Manager means, with respect to any Securitization Vehicle that is a CLO, the entity that is responsible for managing or administering the underlying assets of such Securitization Vehicle or, if applicable, the assets of any Intervening Trust Vehicle (including, without limitation, the right to exercise any consent and control rights available to the Directing Holder).

  • Sub-Investment Manager means for each Fund any sub-investment manager or sub-investment managers indicated in the relevant Supplement and any sub-investment manager that the relevant Investment Manager may appoint in the future to manage the Fund, provided that disclosure of any such sub-investment managers appointed by the Investment Managers will be provided to Shareholders upon request and details thereof will be disclosed in the periodic reports to Shareholders, and provided further that each Sub-Investment Manager may appoint a sub-investment manager/advisor to manage/advise any portion of the assets of any Fund to which it has been appointed Sub-Investment Manager in accordance with the requirements of the Central Bank Rules;

  • External Manager means either of the following: (1) A person who is seeking to be, or is, retained by a board or an investment vehicle to manage a portfolio of securities or other assets for compensation, or (2) A person who manages an investment fund and who offers or sells, or has offered or sold, an ownership interest in the investment fund to a board or an investment vehicle.

  • General Manager of Railway means the officer - in-charge of the General Superintendence and Control of the Railway and shall mean and include their successors, of the successor Railway;

  • General Manager means the Officer-in-Charge of the general superintendence and control of the Zonal Railway/Production Units and shall also include the General Manager (Construction) and shall mean and include their successors, of the Successor Railway.

  • Managing General Partner means the managing general partner of the Merging Entity where such Merging Entity is a limited partnership.

  • Existing Manager means THR Property Management L.P.

  • Asset Manager means the manager of each of the Series Assets as specified in each Series Designation or, its permitted successors or assigns, appointed in accordance with Section 5.10.

  • Asset management means a systematic process of operating and maintaining the state system of

  • CDO Asset Manager with respect to any Securitization Vehicle that is a CDO, shall mean the entity that is responsible for managing or administering a Note as an underlying asset of such Securitization Vehicle or, if applicable, as an asset of any Intervening Trust Vehicle (including, without limitation, the right to exercise any consent and control rights available to the holder of such Note).

  • Mines Manager means the Mining Engineer so designated for Jhamarkotra Rock Phosphate Mines of Rajasthan State Mines and Minerals Limited.

  • Managing Partner means KKR Management LLC, a Delaware limited liability company.

  • Airport Manager means that term as defined in section 2 of the aeronautics code of the state of Michigan, 1945 PA 327, MCL 259.2.

  • Departing General Partner means a former General Partner from and after the effective date of any withdrawal or removal of such former General Partner pursuant to Section 11.1 or Section 11.2.

  • Collateral Manager The meaning specified in the Preamble.

  • Asset Management Company means an asset Management Company as defined in the Rules and Regulations.

  • Advisory Group has the meaning set forth in Section 9.14(c).

  • Management Group means at any time, the Chairman of the board of directors, the Chief Executive Officer, the President, any Managing Director, Executive Vice President, Senior Vice President or Vice President, any Treasurer and any Secretary of Holdings or other executive officer of Holdings or any Subsidiary of Holdings at such time.

  • Hosting Partners means companies who entered into an agreement with CIPC in the areas of application management; application hosting, application service provision, and marketplace hosting are incorporated in this category.

  • infrastructure manager means any body or undertaking that is responsible in particular for establishing and maintaining railway infrastructure, or a part thereof, as defined in Article 3 of Directive 91/440/EEC, which may also include the management of infrastructure control and safety systems. The functions of the infrastructure manager on a network or part of a network may be allocated to different bodies or undertakings;

  • Sternlight means a white light placed as nearly as practicable at the stern showing an unbroken light over an arc of the horizon of 135 degrees and so fixed as to show the light 67.5 degrees from right aft on each side of the vessel.

  • Appraisal management company means a person or entity that (i) administers a network of