Additional Manager definition

Additional Manager is defined in Section 3.4(b).
View Source
Additional Manager s Undertaking” means, in respect of each Additional Vessel, the undertakings and assignment required to be executed by the Technical Manager in favour of the Security Trustee in respect thereof in such form as the Agent and the Majority Lenders may require in their sole discretion;
View Source
Additional Manager is defined in Section 6.01.
View Source

Examples of Additional Manager in a sentence

  • Fourth, pari passu, to (i) Owners, in an amount necessary to reimburse Owners for all Aggregate Owner Advances which have not yet been repaid pursuant to this Section 3.01, and (ii) to Manager, in an amount necessary to reimburse Manager for all Aggregate Additional Manager Advances which have not yet been repaid pursuant to this Section 3.01.

  • All such advances shall be Owner Working Capital Advances or Additional Manager Advances, as applicable.

  • Additional Manager licenses may be purchased/assigned upon request by the agency.

  • If a Guaranty Termination Event has occurred, then Manager may, without any obligation and in its sole and absolute discretion, fund up to the Post-Guaranty Termination Threshold, and any such amounts funded by Manager following such Guaranty Termination Event shall be deemed Additional Manager Advances.

  • Fourth, pari passu, to (i) Owner, in an amount necessary to reimburse Owner for all Owner Working Capital Advances and Owner Operating Loss Advances (collectively, “Owner Advances”) which have not yet been repaid pursuant to this Section 3.02, and (ii) to Manager, in an amount necessary to reimburse Manager for all Additional Manager Advances which have not yet been repaid pursuant to this Section 3.02.

  • The Additional Manager shall have no right to participate in distributions from the Company and shall not be treated as a member of the Company for any purpose.

  • The Additional Manager shall have no right to inspect the books or records of the Company, and the Company shall be under no obligation to provide reports of any kind or nature relating to the Company or its business to the Additional Manager.

  • Tenant agrees and authorizes Manager to reimburse Manager for such Emergency Funding from future Reserves of such Hotel, unless Manager elects to treat such Emergency Funding as an Additional Manager Advance with respect to the Hotel.

  • In the absence of Joint Resolutions granting authority to the Additional Manager to bind the Company, the Additional Manager shall have no authority to bind the Company as to any matter.

  • The signature of the Additional Manager shall not be required to any amendment to this Agreement; provided that any such amendment does not does not impose any obligations on the Additional Manager in addition to those set forth herein.


More Definitions of Additional Manager

Additional Manager means any Person admitted to the Company as a Manager pursuant to Section 12.
View Source
Additional Manager. As defined in the recitals.
View Source

Related to Additional Manager

  • Regional Manager means regional executive director of the Ministry or except for Section 2.1.1(1)(a), regional executive director’s designate;

  • Managing General Partner means (i) Plains All American GP LLC, a Delaware limited liability company, and its successors and permitted assigns as the general partner of the sole member of the General Partner or (ii) the business entity with the ultimate authority to manage the business and operations of the Partnership.

  • Sub-Manager Any Person with which the Property Manager or the Special Servicer has entered into a Sub-Management Agreement.

  • Managing Partner means Geodyne Production Company, a Delaware corporation, and any other Person admitted as additional or Substituted Managing Partner pursuant to Article Six of this Agreement.

  • Advisory Representative means any Supervised Person, who in connection with his or her regular functions or duties, normally makes, participates in, or otherwise obtains current information regarding the Purchase or Sale of a Security by the Firm, or whose functions relate to the making of any recommendations with respect to such purchases or sales, and any natural Person in a Control relationship to the Firm who obtains information concerning recommendations made concerning a Purchase or Sale of a Security. This definition includes but is not limited to the following: partner, officer, Manager, investment person, Portfolio Manager and any other Supervised Person of the Firm designated as an “Advisory Representative” from time to time by the Review Officer.