Tricadia definition
Examples of Tricadia in a sentence
Service Recipient: Tiptree Financial Partners, L.P. and the following subsidiaries thereof: Tiptree Asset Management Company, LLC, Tiptree Asset Management Holding Company, LLC, Tiptree Capital Management, LLC, Muni Capital Management, LLC, Tricadia Loan Management LLC and ▇▇▇▇▇ Management, LLC.
In this example, the Tiptree disputed amount is 2/3 of the total disputed amount (i.e., 2% ÷ 3%), so Tiptree would bear 2/3 of the cost of the independent accounting firm and Tricadia would bear 1/3 of such expense.
In connection with any determination of the increase in the fee, the cost of the independent accounting firm shall be allocated to and borne by TAMCO and Tricadia in the same proportion that the amount submitted to the independent accounting firm that is unsuccessfully disputed by such party (as finally determined by the independent accounting firm) bears to the total disputed amount.
Any such determination shall be final and binding on Tiptree, TAMCO and Tricadia.
Tricadia shall also deliver copies of all quarterly invoices to the Special Committee promptly after the end of each calendar quarter in the manner set forth in Section 8.03.
Tricadia shall invoice TAMCO promptly after the end of each calendar quarter for all charges for all Transition Services provided to TAMCO and its Affiliates in the preceding calendar quarter pursuant to this TSA.
If the resolution of such a dispute is that Tricadia owes money to TAMCO, Tricadia shall deduct the amount owed from the next invoice; provided, that if no further invoices are due, Tricadia shall pay such amount to TAMCO upon resolution of the dispute.
Tricadia shall, and shall cause its personnel, its Affiliates and third-party service providers to, access and use only those Systems, and only such data and information within such Systems to which a Service Recipient has granted it the right to access and use.
Tricadia will use its reasonable best efforts to ensure that each Transition Service is performed by its personnel, or the personnel of its Affiliates, to the extent that such Transition Service was performed by Tricadia personnel, or the personnel of Tricadia’s Affiliates, prior to the Closing Date.
From time to time on written request by TAMCO in respect of a Transition Service, Tricadia shall provide to TAMCO such information in Tricadia’s possession with respect to such invoices as TAMCO may reasonably request for the purpose of supporting the fees represented by such invoices and Tricadia shall make its personnel available to answer such questions as TAMCO may reasonably ask for such purpose.