SPE Documents definition
Examples of SPE Documents in a sentence
The Manager accepts such appointment and shall, subject to the terms hereof, perform its obligations hereunder and under the SPE Documents in good faith, using a degree of skill, care and attention no less than that which it exercises with respect to comparable assets that it manages for itself and its Affiliates in accordance with its practices and procedures from time to time.
Use commercially reasonable efforts to collect when due and payable all management, monitoring, transaction and other fees payable to it pursuant to the Deerfield SPE Documents.
This Agreement and the SPE Documents contain all of the terms agreed upon or made by the parties relating to the subject matter of this Agreement, and supersedes all prior and contemporaneous agreements, negotiations, correspondence, undertakings and communications of the parties, oral or written, respecting such subject matter.
Performance by any such third party of any of the duties of the Manager hereunder or under the SPE Documents shall be deemed to be performance thereof by the Manager.
The Manager shall remain fully responsible and liable for its duties and obligations hereunder and under the SPE Documents notwithstanding any delegation to any such third party.
The Manager shall not be bound to comply with any amendment, modification, supplement or waiver to the SPE Documents until it has received a copy thereof.
Except as otherwise provided in Section 9, the Manager shall be responsible for all of its ordinary expenses incurred in the performance of its obligations under this Agreement and under the SPE Documents, including the fees and expenses of any third party employed by the Manager pursuant to Section 4(d) except as otherwise expressly provided herein or therein.
The Administrator shall monitor the performance of SPE and shall advise SPE when action is necessary to comply with SPE's duties and obligations under the SPE Documents.
Notwithstanding anything to the contrary in the Agreement, the Administrator shall not be obligated to, and shall not, take any action that SPE directs the Administrator not to take nor which would result in a violation or breach of SPE's covenants, agreements or obligations under any of the SPE Documents.
In addition, the Administrator shall consult with SPE regarding its duties and obligations under the SPE Documents.