Oversight Manager definition

Oversight Manager means Behringer Harvard Opportunity II Management Services, LLC, a Texas limited liability company.
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Oversight Manager means the person designated in writing by the Contracting Officer to represent the FDIC for the purpose of monitoring technical performance under this Contract. The Oversight Manager is not authorized to issue any instructions or directions which effect any substantive change in this Contract, including but not limited to any increase or decrease in the price of this Contract, or change in the delivery date(s) or Period of Performance. Specific areas of delegated authority are more particularly defined in the Letter of Oversight Manager Confirmation.
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Examples of Oversight Manager in a sentence

  • The Trust Oversight Manager may be removed as Trust Oversight Manager by Certificateholders holding not less than a 66-2/3% Voting Rights of Certificates, in the exercise of its or their sole discretion, at any time, without cause, upon ten (10) days prior written notice.

  • Upon any termination of the Trust Oversight Manager or the appointment of a successor Trust Oversight Manager, the Depositor shall give written notice thereof to the Servicer, the Trustee, and each Rating Agency.

  • The Trust Oversight Manager and any director, officer, employee or agent of the Trust Oversight Manager may rely in good faith on any document of any kind prima facie properly executed and submitted by any Person respecting any matters arising hereunder, and may rely in good faith upon the accuracy of information furnished by the Servicer pursuant to the Trust Oversight Management Agreement in the performance of its duties thereunder and hereunder.

  • The Certificateholders shall provide such written notice to the Trustee and upon receipt of such notice, the Trustee shall provide written notice to the Trust Oversight Manager of its removal, effective upon receipt of such notice.

  • For and on behalf of the Depositor, the Trust Oversight Manager will provide reports or recommendations concerning certain delinquent and defaulted Mortgage Loans, and as to the collection of any Prepayment Charges with respect to the Mortgage Loans.

  • Such reports or recommendations will be based upon information provided to the Trust Oversight Manager pursuant to the Trust Oversight Management Agreement, and the Trust Oversight Manager shall look solely to the Servicer and/or the Securities Administrator for all information and data (including loss and delinquency information and data) relating to the servicing of the related Mortgage Loans.

  • The Securities Administrator will make such statement (and, at its option, any additional files containing the same information in an alternative format) available each month to Certificateholders, the Servicer, the Rating Agencies, the Trustee, the Trust Oversight Manager and the Swap Provider via the Securities Administrator’s internet website.

  • Such reports or recommendations will be based upon information provided to the Trust Oversight Manager pursuant to the Trust Oversight Management Agreement, and the Trust Oversight Manager shall look solely to the Servicer and/or the Trustee for all information and data (including loss and delinquency information and data) relating to the servicing of the related Mortgage Loans.

  • An “Exchange Rate Agent” may be appointed in advance or from time to time by the Company.

  • Notwithstanding anything to the contrary in this Section 11.01, the Trustee, the Custodian, the Trust Oversight Manager, the Securities Administrator and the Servicer shall reasonably cooperate with the Depositor and its counsel to enter into such amendments or modifications to the Agreement as may be necessary to comply with Regulation AB and any interpretation thereof by the Commission.