Examples of Business Management Agreement in a sentence
The parties agree that this Agreement does not include or otherwise address the rights and obligations of the parties under the Business Management Agreement and that the Business Management Agreement provides for its own separate rights and obligations of the parties thereto, including without limitation separate compensation payable by the Company to Managing Agent thereunder for services to be provided by the Managing Agent pursuant to the Business Management Agreement.
The Company and Managing Agent are also parties to a Business Management Agreement, dated as of the date hereof, as in effect from time to time (the “Business Management Agreement”).
The Independent Directors also shall supervise the performance of the Business Manager to determine that the Business Manager possesses sufficient qualifications to perform the business management functions for the Company and to justify the compensation paid to it by the Company as well as to confirm compliance with the provisions of the Business Management Agreement.
Notwithstanding the foregoing, Vision 21 shall not have any right to enforce any provisions of this Employment Agreement if the Business Management Agreement terminates pursuant to Section 6.2(a) of the Business Management Agreement.
Vision 21 shall pay all transfer taxes, sales and other taxes and charges imposed by the State of Florida, if any, which may become payable in connection with the transactions and documents contemplated hereunder (excluding any of such taxes which may be attributable to services to be provided by Vision 21 under the Business Management Agreement).