Variation of Management Agreement Sample Clauses

Variation of Management Agreement. Subject to the New Drawing (as defined below) being authorised by the Minister under section 16 of the Casino (Management Agreement) Act 1993, and to the payment by the Company to the State of the amount referred to in clause 4.1, the State and the Company agree to vary the Management Agreement in the following manner:
Sample 1Sample 2Sample 3See All (17)
Variation of Management Agreement. 3.1 The Management Agreement shall be varied in the following manner—
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Variation of Management Agreement. 3.1 The variations to the Management Agreement set out in clause 3.2 will come into effect on the later of the following:
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Variation of Management Agreement. 3.1 The Management Agreement is varied from the Operative Date so that:
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Variation of Management Agreement. 3.1 The Management Agreement is varied from the Operative Date so that: (a) all references to "Crown Casino Ltd" are replaced by references to "Crown Melbourne Ltd"; (b) all references to the Gaming Machine Control Act 1991 are replaced by references to the Gambling Regulation Act 2003; (c) in clause 2: (i) the definition of "Authority" is replaced by the following definition:
Sample 1
Variation of Management Agreement. On and from the date of this Variation Agreement, the first sentence of clause 5.1 of the Management Agreement is replaced with the following: "The term of this Agreement shall commence on the date upon which the board of Faulding has been reconstituted pursuant to clause 3.1 of the Put and Call Option Agreement provided that concurrently therewith Owner or the escrow agent under the Escrow Agreement (as defined in the Put and Call Option Agreement) has received funds of US$400 million under the Loan Facility Agreement and shall end on the Termination Date." Undertaking of Mayne Mayne undertakes to Alpharma that it will: request Xxxxxx Xxxxxxx, the security trustee or any other 3rd party holding security in respect of the Bridging Facility (as appropriate) to do such things pursuant to Section 1.3(b)(iv) of the Escrow Agreement as Alpharma shall reasonably request; and agree to pay and promptly pay all Xxxxxx Xxxxxxx'x reasonable costs and expenses referred to in that Section 1.3(b)(iv) of the Escrow Agreement. Mayne further undertakes to Alpharma that if the Bridging Facility is drawn to an amount so that the total of the principal amount so drawn and any interest, fees and other amounts payable under or in relation to the Bridging Facility exceeds the amount in the Escrow Fund (as defined in the Escrow Agreement), Mayne will make an unconditional and irrevocable payment of the amount of such excess to Xxxxxx Xxxxxxx immediately prior to the proposed issue by Xxxxxx Xxxxxxx of the certificate referred to in Section 1.3(b) of the Escrow Agreement.
Sample 1
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Related to Variation of Management Agreement

  • Termination of Management Agreement Evidence of the termination of any and all management agreements affecting the Property, effective as of the Closing Date, and duly executed by Seller and the property manager.

  • Assignment of Management Agreement As additional collateral security for the Loan, Borrower conditionally transfers, sets over, and assigns to Lender all of Borrower’s right, title and interest in and to the Management Agreement and all extensions and renewals. This transfer and assignment will automatically become a present, unconditional assignment, at Lender’s option, upon a default by Borrower under the Note, the Loan Agreement, the Security Instrument or any of the other Loan Documents (each, an “Event of Default”), and the failure of Borrower to cure such Event of Default within any applicable grace period.

  • The Management Agreement Borrower shall use commercially reasonable efforts to cause Manager to manage the Property in accordance with the Management Agreement. Borrower shall (a) diligently perform and observe all of the material terms, covenants and conditions of the Management Agreement on the part of Borrower to be performed and observed, (b) promptly notify Agent of any notice to Borrower or Manager of any default by Borrower in the performance or observance of any material terms, covenants or conditions of the Management Agreement on the part of Borrower to be performed and observed, and (c) promptly deliver to Agent a copy of all material notices received by it (including, without limitation, any notices relating to the Ground Lease, the Reciprocal Easement and any Joint Manager (as defined in the Reciprocal Easement Agreement) and, upon request by Agent, any other financial statement, business plan, capital expenditures plan, report and estimate received by it under the Management Agreement (but excluding any immaterial general correspondence and internal discussion drafts of any such plans, reports or estimates); and (iv) promptly enforce the performance and observance of all of the material covenants required to be performed and observed by Manager under the Management Agreement. If Borrower shall default in the performance or observance of any material term, covenant or condition of the Management Agreement on the part of Borrower to be performed or observed, then, without limiting Agent’s other rights or remedies under this Agreement or the other Loan Documents, and without waiving or releasing Borrower from any of its obligations hereunder or under the Management Agreement, Agent shall have the right, but shall be under no obligation, to pay any sums and to perform any act as may be appropriate to cause all the material terms, covenants and conditions of the Management Agreement on the part of Borrower to be performed or observed.

  • Whole Agreement The General Provisions, Special Provisions, and Attachments, as provided herein, constitute the complete Agreement (“Agreement”) between the parties hereto, and supersede any and all oral and written agreements between the parties relating to matters herein. Except as otherwise provided herein, this Agreement cannot be modified without written consent of the parties.

  • Termination of Manager If (a) the amounts evidenced by the Note have been accelerated pursuant to Section 8.1(b) hereof, (b) the Manager shall become insolvent, (c) the Manager is in default under the terms of the Management Agreement beyond any applicable grace or cure period, or (d) Manager is not managing the Property in accordance with the management practices of nationally recognized management companies managing similar properties in locations comparable to those of the Property, then, in the case of (a), (b), (c) or (d), Borrower shall, at the request of Lender, terminate the Management Agreement and replace the Manager with a manager reasonably approved by Lender on terms and conditions reasonably satisfactory to Lender, it being understood and agreed that the management fee for such replacement manager shall not exceed then prevailing market rates. In addition and without limiting the rights of Lender hereunder or under any of the other Loan Documents, in the event that (i) the Management Agreement is terminated, (ii) the Manager no longer manages the Property, or (iii) a receiver, liquidator or trustee shall be appointed for Manager or if Manager shall be adjudicated a bankrupt or insolvent, or if any petition for bankruptcy, reorganization or arrangement pursuant to federal bankruptcy law, or any similar federal or state law, shall be filed by or against, consented to, or acquiesced in by, Manager, or if any proceeding for the dissolution or liquidation of Manager shall be instituted, then Borrower (at Borrower's sole cost and expense) shall immediately, in its name, establish new deposit accounts separate from any other Person with a depository satisfactory to Lender into which all Rents and other income from the Property shall be deposited and shall grant Lender a first priority security interest in such account pursuant to documentation satisfactory in form and substance to Lender.

  • INVESTMENT MANAGEMENT AGREEMENT Separate written agreements entered into (i) by the Manager and the Master Fund and (ii) by the Manager and the Company, pursuant to which the Manager provides investment management services to the Master Fund.

  • One Agreement This Agreement and any related security or other agreements required by this Agreement, collectively:

  • Single Agreement All Transactions are entered into in reliance on the fact that this Master Agreement and all Confirmations form a single agreement between the parties (collectively referred to as this “Agreement”), and the parties would not otherwise enter into any Transactions.

  • Services Agreement “Services Agreement” shall mean any present or future agreements, either written or oral, between Covered Entity and Business Associate under which Business Associate provides services to Covered Entity which involve the use or disclosure of Protected Health Information. The Services Agreement is amended by and incorporates the terms of this BA Agreement.

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