Payments to Manager Sample Clauses
The "Payments to Manager" clause defines the terms under which the manager is compensated for their services. It typically outlines the types of payments the manager is entitled to, such as management fees, reimbursements for expenses, or performance-based bonuses, and specifies the timing and method of these payments. This clause ensures that the manager's compensation is clearly established, reducing the risk of disputes and providing transparency for both parties regarding financial obligations.
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Payments to Manager. During the Term of this Agreement and until all Containers become Terminated Containers, the Manager may, so long as no Event of Default is continuing, pay itself fees owing to it from the Manager’s Account. The Manager shall on a weekly basis remit to the Trust Account: (i) the ONOI for all Containers in the Issuer's Fleet for the immediately preceding week, and (ii) the Miscellaneous Owner Proceeds, Sales Proceeds, Issuer’s share of Casualty Proceeds and Indemnification Proceeds for all Issuer Containers for the immediately preceding week to Issuer. Manager may make weekly distributions based on reasonable estimates of ONOI, Sales Proceeds, the Issuer's share of Casualty Proceeds and Indemnification Proceeds, provided that any such estimates are reconciled based on actual data at the time of the Manager Report describing ONOI for any Collection Period.
Payments to Manager. During the Term, unless specifically so provided herein, the Manager shall not be entitled to any fees or other remuneration for its services as Manager of the Company; provided, however, that the foregoing shall not affect the right of the Manager to be reimbursed for its expenses and costs as herein provided, except to the extent arising out of the fraud, misappropriation of funds, gross negligence, willful misconduct or material breach of this Agreement (beyond any applicable notice and cure period) by the Manager, its Affiliates or any Person claiming by, through or under Manager or any such Affiliate.
Payments to Manager. The Manager shall be compensated for its services and reimbursed for its costs hereunder in accordance with Exhibit B.
Payments to Manager. The Manager shall be compensated for its services and reimbursed for its costs hereunder in accordance with the Accounting Procedure.
Payments to Manager. Owner shall promptly pay to Manager all amounts due Manager under this Agreement;
Payments to Manager. The Manager shall be compensated for its services and reimbursed for its costs hereunder in accordance with EXHIBIT B.
Payments to Manager. To the extent not theretofore paid by Owner, any amounts due and owing from Owner to Manager with respect to events occurring prior to or in connection with the termination of this Agreement, shall be paid from Owner's share of the proceeds of any award for such condemnation or compensation for such revocation of the Casino Operating Contract, as the case may be, (i) unless applied to indebtedness secured by an Authorized Mortgage or to restore, rebuild, replace or repair the Casino and (ii) in all cases subject to the priorities set forth in Article 9.01(b). Should any such award or compensation be inadequate, applied to reduce any indebtedness secured by an Authorized Mortgage, or otherwise applied to other purposes, Owner's obligation to pay amounts due Manager from Owner shall continue unabated and shall not be limited to the amount of the award or compensation made available to Owner.
Payments to Manager. Except for the management fee provided on Exhibit B hereto, no Manager or Affiliate of a Manager is entitled to remuneration for services rendered or goods provided to the LLC.
Payments to Manager. The Manager may charge reasonable management fees for its services.
Payments to Manager. The Manager shall be entitled to charge to the Joint Account all time expended by its employees on Venture matters at a fair and reasonable cost and shall be entitled to be reimbursed for all out-of-pocket expenses incurred in carrying out its responsibilities as Manager. Effective upon the commencement of Commercial Production, the Manager shall be entitled to receive a management fee equal to CDN$200,000 per annum, to be paid in two equal instalments semi-annually.