Subordination of Management Agreements definition

Subordination of Management Agreements means those certain Subordinations of Management Agreement dated as of the date hereof among Borrower, Leasehold Pledgor, the applicable Manager and Lender.
Subordination of Management Agreements means that certain Amended and Restated Assignment and Subordination of Management Agreements of even date herewith made by the Propco Borrowers, each Borrower that is also an Operator, the Manager in favor of the Administrative Agent, in form and substance reasonable satisfactory to the Administrative Agent, as the same may be modified, restated, supplemented or amended from time to time in accordance with the terms thereof.
Subordination of Management Agreements means, collectively, (a) those certain Subordinations of Management Agreement and Subordination of Management Fees dated as of the date hereof among Lender, Borrower, the applicable Mortgage Loan Borrowers named therein and XxXxxxxx Manager, (b) those certain Subordination, Non-Disturbance and Attornment Agreements dated as of the date hereof among Mortgage Loan Borrowers or Maryland Owners named therein, Borrower, Lender and the applicable Marriott Manager, (c) those certain Subordination, Non-Disturbance and Attornment Agreements dated as of the date hereof among Mortgage Loan Borrowers or Maryland Owners named therein, Borrower, Lender and the applicable Hyatt Manager, (d) that certain Subordination of Management Agreement dated as of the date hereof among Lender, the applicable Mortgage Loan Borrowers or Maryland Owners named therein, Borrower and Hilton Manager, and (e) that certain Subordination of Management Agreement dated the date hereof among Lender, the applicable Mortgage Loan Borrowers or Maryland Owners named therein, Borrower and Remington, in each case as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.

Examples of Subordination of Management Agreements in a sentence

  • Hotel Master Management Agreement by and between Hotel Lessees (defined therein) and Remington Lodging & Hospitality, LLC, dated March 10, 2011 Assignment and Subordination of Management Agreements by the Assignee (as therein defined) in favor of Xxxxx Fargo Bank, National Association and Barclays Capital Real Estate Inc.

  • Hotel Master Management Agreement by and between Hotel Lessees (defined therein) and Remington Lodging & Hospitality, LLC, dated March , 2011 Assignment and Subordination of Management Agreements by the Assignee (as therein defined) in favor of Xxxxx Fargo Bank, National Association and Barclays Capital Real Estate Inc.

  • This Agreement, the Term Loan Notes, the Guaranty, each Pledge Agreement, each Mortgage, each Assignment of Rents and Leases, the Environmental Indemnity Agreement, the Subordination of Management Agreements, and such other Financing Agreements as the Administrative Agent may require (provided each Lender shall also receive a fully-executed original of this Agreement and such Lender’s respective Term Loan Note).

  • Control agreements are defined as agreements between a company and its parent company and take the form of either Profit and Loss Agreements ( Gewinnabführungsvertrag) or Subordination of Management Agreements (Beherrschungsvertrag).

  • Amended and Restated Assignment of Management Agreement and Guaranty of Management Agreements, Subordination of Management Agreements and Consent to Assignment and Subordination 22 December 2005 Sunstone Hotel Investors, Inc., SHP Lessee Corp., SHP II Lessee Corp, Sunstone Broadhollow Lessee, Inc., Sunstone/WB Manhattan Beach Lessee and Massachusetts Mutual Life Insurance Company Assignment and Assumption of Hotel Management Agreement and Master Agreement 30 April 2010 SHP Lessee Corp.

  • Amended and Restated Assignment of Management Agreements and Guaranty of Management Agreements, Subordination of Management Agreements and Consent to Assignment and Subordination 22 December 2005 Sunstone Hotel Investors, Inc., SHP Lessee Corp., SHP II Lessee Corp, Sunstone Broadhollow Lessee, Inc., Sunstone/WB Manhattan Beach Lessee and Massachusetts Mutual Life Insurance Company Modification of Master Agreement (Letter) 1 January 2006 Sunstone Hotel Properties, Inc.

  • Concurrently herewith, Managers are executing and delivering to Administrative Agent the Reaffirmation of Manager’s Consent and Subordination of Management Agreements (the “Manager Reaffirmation”) attached hereto and made a part hereof.

  • Borrowers will enter into and cause Managers to enter into the Subordination of Management Agreements.

  • Control agreements are defined as agreements between a company and its parent company and take the form of either Profit and Loss Agreements ( Gewinnabführungsvertrag) or Subordination of Management Agreements (Beherrschungsvertrag).dropped from the sample.

  • Prior to the Closing Date, Noteholder shall have received certified copies of each of the Management Agreements pertaining to the Assisted Living Facilities; and on the Closing Date, Noteholder shall have received the Subordination of Management Agreements, duly executed by the Manager.


More Definitions of Subordination of Management Agreements

Subordination of Management Agreements means that certain Amended and Restated Subordination of Management Agreements of even date herewith made by the Manager in favor of the Administrative Agent, in form and substance reasonable satisfactory to the Administrative Agent, as the same may be modified, restated, supplemented or amended from time to time in accordance with the terms thereof.
Subordination of Management Agreements means each of those certain Manager’s Consent and Subordination of Management Agreements, dated the date hereof, by each Manager in favor of the Administrative Agent (on behalf of the Lenders).
Subordination of Management Agreements means that certain Subordination of Management Agreements, dated of even date herewith, by and between Manager, Lessee, the Sublessees and Noteholder covering each of the Management Agreements.
Subordination of Management Agreements is defined in Section 1.1 of the Loan Agreement.

Related to Subordination of Management Agreements

  • Subordination Agreements means all subordination agreements executed by a holder of Subordinated Debt in favor of the Administrative Agent and the Lenders from time to time after the Closing Date in form and substance and on terms and conditions satisfactory to Administrative Agent.

  • Subordination Agreement means an agreement among the Agent, the applicable Borrower or Subsidiary of the Borrower and the holder of any Subordinated Debt, pursuant to which such Indebtedness is made subordinate in right of payment to Payment in Full of all Obligations on terms reasonably satisfactory to the Agent.

  • Assignment of Management Agreement means the Assignment of Management Agreement and Subordination of Management Fees, dated the same date as this Loan Agreement, among Borrower, Lender and Property Manager, including all schedules, riders, allonges and addenda, as such Assignment of Management Agreement may be amended from time to time, and any future Assignment of Management Agreement and Subordination of Management Fees executed in accordance with Section 6.09(d).

  • Management Fee Subordination Agreement means that certain Amended and Restated Management Fee Subordination Agreement, dated as of the Closing Date, by and between the Sponsor and Agent and acknowledged by the Borrower.

  • Intercompany Subordination Agreement means a subordination agreement executed and delivered by Borrowers and Agent, the form and substance of which is satisfactory to Agent.

  • Hotel Management Agreement means any hotel management agreement relating to the management and operation of the Real Property together with all supplements, amendments and modifications thereto.

  • Management Agreement means the agreement of the Directors in the form attached hereto as Schedule C. The Management Agreement shall be deemed incorporated into, and a part of, this Agreement.

  • Affiliate Subordination Agreement means an Affiliate Subordination Agreement in the form of Exhibit F pursuant to which intercompany obligations and advances owed by any Loan Party are subordinated to the Obligations.

  • Property Management Agreement means any Property Management Agreement between the Company and the Property Manager.

  • Cash Management Agreements means any agreement providing for treasury, depository, purchasing card or cash management services, including in connection with any automated clearing house transfer of funds or any similar transaction entered into in the ordinary course of business.

  • Cash Management Agreement means any agreement to provide cash management services, including treasury, depository, overdraft, credit or debit card, electronic funds transfer and other cash management arrangements.

  • Whole Loan Agreement Any Reconstitution Agreement in respect of a Whole Loan Transfer.

  • Subordinated Loan Agreement means a binding agreement with a Subordinated Debt Provider providing unsecured debt financing for the benefit of the Energy Complex and on terms and conditions that shall satisfy the requirements of the Financing Documents.

  • Management Agreements shall have the meaning provided in Section 5.05.

  • Collateral Management Agreement The agreement dated as of the Closing Date, between the Issuer and the Collateral Manager relating to the management of the Collateral Obligations and the other Assets by the Collateral Manager on behalf of the Issuer, as amended from time to time in accordance with the terms thereof.

  • Existing Management Agreement means that certain management agreement between the Seller and the Existing Manager for the operation and management of the Hotel.

  • Secured Cash Management Agreement means any Cash Management Agreement that is entered into by and between any Loan Party and any Cash Management Bank.

  • Investment Agreements or “Flow-Through Agreements” means written agreements pursuant to which the Partnership will subscribe for Flow-Through Shares (including Flow-Through Shares issued as part of a unit) or agreements by the Partnership to otherwise invest in or purchase securities of a Resource Issuer, and in respect of Flow-Through Shares comprised of units, the Resource Issuer will covenant and agree:

  • Asset Management Agreement means, as the context requires, any agreement entered into between a Series and an Asset Manager pursuant to which such Asset Manager is appointed as manager of the relevant Series Assets, as amended from time to time.

  • Senior Loan Agreement means that certain Term Loan Agreement, dated as of June 26, 2015, by and among Borrower and Senior Lenders, as amended, restated, supplemented or otherwise modified from time to time.

  • Investment Management Agreement or IMA means the Investment Management Agreement (IMA) dated December 9, 2002, executed between UTI Trustee Company Private Limited and UTI Asset Management Company Limited.

  • Existing Intercreditor Agreement means the existing intercreditor agreement dated 11 May 2007 (as amended by a letter dated 21 June 2007 and a further letter dated 29 June 2007, as amended and restated on 5 November 2009 and as further amended on 5 November 2010) between, inter alia, Beverage Packaging Holdings (Luxembourg) I S.A., Rank Group Holdings Limited (now Xxxxxxxx Group Holdings Limited), Beverage Packaging Holdings (Luxembourg) II S.A., Beverage Packaging Holdings (Luxembourg) III S.à x.x., Credit Suisse AG (formerly Credit Suisse) as security trustee and others.

  • Loan Agreements means any other loan agreements entered into by and between the Trust and one or more of the Borrowers pursuant to which the Trust will make Loans to such Borrowers from moneys on deposit in the Project Fund, excluding the Project Loan Account, financed with the proceeds of the Trust Bonds.

  • Subordination Provisions has the meaning specified in Section 8.01(l).

  • Investment Management Agreement means the Investment Management Agreement, dated as of the date hereof, by and between the Investment Manager and the Borrower.

  • Facility Agreements means the agreements of that name between the Issuer and different