R&A Manager definition

R&A Manager means (a) the “Manager” under the R&A Management Agreement (the obligations of which will be performed by the Manager under the Management Agreement prior to an R&A Management Severance) and (b) from and after any R&A Management Severance, a Qualified Manager who is managing the portion of the Borrower Retained Property subject to the R&A Management Severance in accordance with the terms and provisions of a Replacement R&A Management Agreement.
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Examples of R&A Manager in a sentence

  • SIS allows set-up of two types of contacts in the Member Profile: • Informational Contacts: These contacts are set up for purely informational purposes, For example Passenger RA Manager, etc.

  • Refer to the RA Manager if they have any queries they are unable to resolve.

  • For the avoidance of doubt, from and after the date of the Restructuring, nothing in this clause (f) shall be deemed to limit Manager’s, or prior to any R&A Manager Event, R&A Sub-Manager’s rights set forth elsewhere with respect to the Operating Accounts and the FF&E Account.

  • Borrower, Operating Lessee, Manager or any R&A Manager (as applicable) shall keep and maintain all Licenses necessary for the operation of the Property as a hotel, except to the extent the failure to have such licenses would not reasonably be expected to result in a Material Adverse Effect.

  • 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.