Substitute Manager definition

Substitute Manager means a Manager who succeeds either AHH Management or the Investor Manager with all of the specific rights and powers of such Manager under this Agreement.
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Substitute Manager means at any given time the entity then appointed as Manager under clause 20.
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Substitute Manager means a manager who succeeds either DTO Management or the Investor Manager with all of the specific rights and powers of such Manager under this Agreement.
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Examples of Substitute Manager in a sentence

  • The Manager will not assign or otherwise transfer the benefit of this Deed or any of its rights, duties or obligations under this Deed except to a Substitute Manager which is appointed as a successor manager of the Series Trust under and in accordance with the Master Trust Deed.

  • The withdrawing Manager shall be liable for all of its covenants and obligations under this Agreement for all periods prior to its withdrawal until such liability is assumed by a Substitute Manager.

  • If the acquiring party was not theretofore a Manager, then such Substitute Manager shall have all the rights and powers of such Manager under this Agreement; provided, it assumes in writing the obligations of such Manager under this Agreement and any arising thereafter, and accepts and adopts all the terms and provisions of this Agreement in writing.

  • If such Person was not previously a Manager, then such Person, as Substitute Manager, shall have all the rights and powers of its predecessor Manager under this Agreement; provided, such Person assumes in writing the obligations of such Manager under this Agreement and any arising thereafter, and accepts and adopts all the terms and provisions of this Agreement in writing.

  • Until the appointment of the Substitute Manager is complete, the Trustee must act as Manager and in doing so must act in accordance with the provisions of this Deed and each Series Supplement.

  • All costs and expenses incurred by any party associated with the voluntary retirement of the Manager pursuant to this Clause 20.3 and the appointment of a Substitute Manager will be borne by the Manager and will neither be costs nor expenses of each relevant Series Trust.

  • The Manager must provide to the Substitute Manager copies of all paper and electronic files, information and other materials in its possession which relate to a Series Trust or its obligations under a Transaction Document as the Trustee or the Substitute Manager may reasonably request within five days of the removal or retirement of the Manager in accordance with this Clause.

  • The Manager may accept a payment or benefit, in connection with its retirement or removal, from the Substitute Manager.

  • Substitute Manager means at any given time the entity then appointed as Manager under Clause 20.

  • Manager means Macquarie Securities Management Pty Limited, ABN 26 003 435 443 or if Macquarie Securities Management Pty Limited, ABN 26 003 435 443 retires or is removed as manager of the Series Trusts, any then Substitute Manager and includes the Trustee when acting as the Manager in accordance with the terms of this Deed.


More Definitions of Substitute Manager

Substitute Manager means a Manager who succeeds either MedCath or the Investor Manager with all of the specific rights and powers of such Manager under this Agreement.
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Substitute Manager means A MANAGER WHO SUCCEEDS EITHER HHBF OR THE INVESTOR MANAGER WITH ALL OF THE SPECIFIC RIGHTS AND POWERS OF SUCH MANAGER UNDER THIS AGREEMENT.
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Substitute Manager. ME PORTFOLIO MANAGEMENT LIMITED (ABN 79 005 964 134) By By ---------------------------- ---------------------------- ------------------------------ ------------------------------ Name of signatory Name of signatory ------------------------------ ------------------------------ Title Title CONTINUING PARTY: NATIONAL AUSTRALIA BANK LIMITED (ABN 12 004 044 937) By By ---------------------------- ---------------------------- ------------------------------ ------------------------------ Name of signatory Name of signatory ------------------------------ ------------------------------ Title Title
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Related to Substitute Manager

  • Substitute Member means a Person who is admitted as a Member of the Company pursuant to Section 2.7 as a result of a Transfer of Shares to such Person.

  • Independent Manager shall refer to a member of the Board that meets the standards of an “independent director” set forth in NASDAQ Marketplace Rule 4200(a)(15) (on any successor rule) with respect the Company, the Administrator and their respective affiliates. In the event a Special Committee is formed, the term “Independent Manager” shall, as the context requires, refer generically to each Independent Manager.

  • Site Manager means an individual proposed to be named in the licence as a site manager

  • Successor Manager Any Independent Contractor as selected or retained by the Special Servicer, on behalf of the Trustee for the benefit of the Trust and the Companion Loan Holders, to serve as manager of a Foreclosed Property, which designation, as evidenced by written confirmation from each Rating Agency, shall not result in the downgrade, withdrawal or qualification of the ratings assigned to the Certificates by such Rating Agency.

  • Substitute Limited Partner means any Person admitted to the Partnership as a Limited Partner pursuant to Section 9.3 hereof.

  • Sub-Manager Any Person with which the Property Manager or the Special Servicer has entered into a Sub-Management Agreement.

  • Qualified Manager means in the reasonable judgment of Lender, a reputable and experienced management organization (which may be an Affiliate of Borrower) possessing experience in managing properties similar in size, scope, use and value as the Property, provided, that Borrower shall have obtained (i) prior written confirmation from the applicable Rating Agencies that management of the Property by such Person will not cause a downgrade, withdrawal or qualification of the then current ratings of the Securities or any class thereof and (ii) if such Person is an Affiliate of Borrower, an Additional Insolvency Opinion.

  • Successor Operator means a Train Operator succeeding or intended by the Secretary of State to succeed (and whose identity is notified to the Franchisee by the Secretary of State) the Franchisee in the provision or operation of all or any of the Franchise Services including, where the context so admits, the Franchisee where it is to continue to provide or operate the Franchise Services following termination of the Franchise Agreement;

  • Substitute Purchaser is defined in Section 21.

  • Independent Manager Fee is defined in Section 4.01(a) of the LLC Agreement.

  • Successor Master Servicer The meaning ascribed to such term pursuant to Section 8.02.

  • CLO Asset Manager means, with respect to any Securitization Vehicle that is a CLO, the entity that is responsible for managing or administering the underlying assets of such Securitization Vehicle or, if applicable, the assets of any Intervening Trust Vehicle (including, without limitation, the right to exercise any consent and control rights available to the Directing Holder).

  • Independent Director/Trustee means any; (i) director or trustee of an Invesco Mutual Fund who is not an “interested person” (as defined in Section 2(a)(19) of the Investment Company Act) of an Invesco Mutual Fund; (ii) director or trustee of an Invesco ETP who is not an “interested person” (as defined in Section 2(a)(19) of the Investment Company Act) of an Invesco ETP; or (iii) member of the Invesco Canada Independent Review Committee, Invesco Canada Funds Advisory Board or Board of Directors of Invesco Corporate Class Inc. who has no other executive responsibilities or engagement in an Invesco Canada Fund or Invesco NA’s day-to-day activities beyond the scope of their duties as director/trustee.

  • Approved Manager means, in relation to each Ship, Allseas Marine S.A. a corporation organised and existing under the laws of the Republic of Liberia, having its registered office at 00 Xxxxx Xxxxxx, Xxxxxxxx, Xxxxxxx and maintaining a ship management office at Voula Center, Xxxxxxxx Xxxxxx Xxxxxx 000-000, 000 00 Xxxxx, Xxxxxx or any other company which the Agent may, with the authorisation of the Majority Lenders, approve from time to time as the technical and/or commercial manager of a Ship;

  • Board of Supervisors means the Board of Supervisors of the County.

  • Substitute Check means a paper reproduction of an Item that satisfies the requirements and definition of "substitute check" set forth in Regulation CC.

  • Departing General Partner means a former General Partner from and after the effective date of any withdrawal or removal of such former General Partner pursuant to Section 11.1 or Section 11.2.

  • Substitute Servicing Agreement means a servicing agreement that contains servicing provisions which are the same as or more favorable to the Non-Lead Noteholders, in substance, to those in the Servicing Agreement (including, without limitation, all applicable provisions relating to delivery of information and reports necessary for any Non-Lead Securitization to comply with any applicable reporting requirements under the Securities Exchange Act of 1934, as amended) and all references herein to the “Servicing Agreement” shall mean such subsequent servicing agreement; provided, however, that if a Non-Lead Securitization Note is in a Securitization, then a Rating Agency Confirmation shall have been obtained from each Rating Agency with respect to such subsequent servicing agreement.