R&A Management Agreement definition

R&A Management Agreement means that certain Management Agreement, dated as of the Closing Date and to become effective concurrently with the effectiveness of the Substitute Management Agreement, between Borrower and Operating Lessee, pursuant to which Operating Lessee agrees to manage the Borrower Retained Property on behalf of Borrower (which management rights and obligations will be delegated in their entirety by Operating Lessee to the R&A Sub-Manager pursuant to the Substitute Management Agreement), as the same may be amended or modified from time to time in accordance with the terms and provisions of this Agreement.

Examples of R&A Management Agreement in a sentence

  • If you submitted your stop-payment order by phone, rather than on our Portal, then we may require you to put your stop-payment order in writing and provide it to us within fourteen (14) days.

  • Lender shall cooperate with Borrower and/or Operating Lessee (as applicable) to follow the procedures for budget approval set forth in the Management Agreement or any such Replacement R&A Management Agreement to the extent Borrower or Operating Lessee notifies Lender thereof.

  • Notwithstanding the foregoing, Borrower agrees that it shall not be unreasonable for Lender to condition its consent to a Replacement R&A Management Agreement on the Qualified R&A Manager that is party thereto and Borrower executing and delivering to Lender a collateral assignment of the Replacement R&A Management Agreement and subordination of management fees payable thereunder, in form and substance reasonably satisfactory to Lender.