Termination of Management Agreement definition

Termination of Management Agreement has the meaning set forth in Section 4.02(n).
Sample 1
Termination of Management Agreement. Any management agreement or similar agreement between any of the Debtors or their affiliates and Apollo shall terminate on the Petition Date or as soon thereafter as practicable by mutual agreement of the parties thereto. Any entitlement to amounts owing thereunder shall be waived and no payments or distributions shall be made on account of such amounts.
Sample 1

Examples of Termination of Management Agreement in a sentence

  • Owner and Operator have heretofore entered into that certain Agreement Concerning Termination of Management Agreement dated effective as of _____________, 1996 (the "Agreement") under which Owner was granted the right to terminate the Management Agreement (hereinafter defined) upon the payment to Operator of the Termination Fee (as defined in the Agreement) and Operator agreed to, upon receipt of the Termination Fee, terminate the Management Agreement.

  • Etc 59 5.1.15 Judgments 59 5.1.16 Termination or Modification of Leases 60 5.1.17 Organizational Documents 60 5.1.18 Delivery of Financial Statements 60 5.1.19 ERISA 60 5.1.20 Termination of Management Agreement, etc.

  • Termination of Management Agreement and Service Contracts.....................................

  • A Termination of Management Agreement executed by Seller and the current property manager terminating the property management agreement as of the Closing Date and confirming that all amounts due to manager under such agreement have been paid in full or waived by manager.

  • As consideration and inducement for Management Company to execute this Agreement for Termination of Management Agreement, Innkeepers USA Trust ("Guarantor"), on behalf of itself and its successors and assigns hereby unconditionally warrants to Management Company and its successors and assigns that all of Lessee's obligations under the Management Agreement and this Agreement for Termination of Management Agreement will be punctually paid and performed.

  • The Management Agreement shall also be terminated as of the Closing Date, pursuant to the form of Termination of Management Agreement (“Management Termination Agreement”) attached hereto as Exhibit N.

  • Termination of Management Agreement and Service Contracts..............................................21 I.

  • SECTION 2 Confirmation and Release Agreement to US Security Documents SECTION 3 Second Amended and Restated Intercompany Subordination Agreement SECTION 4 Termination of Management Agreement SECTION 5 Sponsor Guaranty Termination Agreement SECTION 6 Third Amendment Fee Letter SECTION 7 Surrender Letter and all documents referenced in Section 4(c) hereof.

  • Buyer shall pay to Xxxxxx & Company a leasing commission earned by Xxxxxx & Company pursuant to the Termination of Management Agreement attached hereto as Exhibit "S".

  • A Termination of Management Agreement in the form of Exhibit H attached hereto and made a part hereof.

Related to Termination of Management Agreement

  • 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).

  • Termination Agreement has the meaning set forth in the Recitals.

  • New Management Agreement means the management agreement to be entered into between Buyer and the Manager for the operation and management of the Hotel on and after the Closing Date.

  • Replacement Management Agreement means, collectively, (a) either (i) a management agreement with a Qualified Manager substantially in the same form and substance as the Management Agreement, or (ii) a management agreement with a Qualified Manager, which management agreement shall be reasonably acceptable to Lender in form and substance, provided, with respect to this subclause (ii), Lender, at its option, may require that Borrower shall have obtained prior written confirmation from the applicable Rating Agencies that such management agreement will not cause a downgrade, withdrawal or qualification of the then current rating of the Securities or any class thereof and (b) an assignment of management agreement and subordination of management fees substantially in the form then used by Lender (or of such other form and substance reasonably acceptable to Lender), executed and delivered to Lender by Borrower and such Qualified Manager at Borrower’s expense.

  • Diversion agreement means a mechanism designed to hold a child accountable for his or her behavior and, if appropriate, securing services to serve the best interest of the child and to provide redress for that behavior without court action and without the creation of a formal court record;

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

  • Sponsor Management Agreement means the management agreement between certain of the management companies associated with the Sponsor Group or their advisors and the Borrower.

  • 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.

  • Hotel Management Agreement means any management agreements between a Hotel Management Company and Lessee and/or Landlord, as applicable, as such management agreements are amended from time to time for the Hotel.

  • Management Agreement means the agreement to be entered into between the Borrower and the Manager providing for the ship management and crewing services of the Vessel, such agreement to be in the form and on the terms and conditions required by the Agent;

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

  • 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.

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

  • Services Agreement means an agreement entered into between a Utility and one or more Affiliates for the provision of Shared Services or For Profit Affiliate Services and shall provide for the following matters as appropriate in the circumstances:

  • Main Agreement means the part of this Agreement that commences on the first page and ends with but includes Schedule A, excluding Section 3(d) (which incorporates this Schedule C into the Agreement).

  • Master Services Agreement means that master services agreement among the Limited Partnership, the Company, Teekay Corporation and Brookfield XX XXXX L.P. dated as of the date hereof.

  • Relationship Agreement means the relationship agreement between certain members of the Brookfield Group, the Partnership, BRELP, the Holding Entities and others;

  • Project Management Agreement means the agreement dated the 20th February 1985 made between the Trustee and the Manager providing for the Manager to manage and co‑ordinate the development and construction of the Resort and includes, if that agreement is terminated, any other agreement in like and similar terms made with the prior consent of the Minister;

  • Xxxxxx Agreement means that certain Contingent Stock Agreement, effective as of January 1, 1996, by The Xxxxx Company in favor of and for the benefit of the Holders (named in Schedule I thereto) and the Representatives (therein defined), as amended.

  • Transition Agreement has the meaning set forth in Section 12.8.1.

  • Management Services Agreement has the meaning set forth in Section 2.1(d).

  • Corporate Services Agreement means the Corporate Services Agreement dated as of the date hereof between the Borrower and the Services Provider, as amended from time to time in accordance with the terms hereof and thereof.