Asset Management Agreements Sample Clauses

Asset Management Agreements. Each Borrower (a) shall comply with and take all reasonable steps to enforce the Asset Management Side Letter and (b) shall not amend, modify, waive, terminate or revoke the Asset Management Side Letters or permit any Asset Management Agreement to be amended, modified, waived, terminated or revoked, in each case without Lender’s consent, which consent shall not be unreasonably withheld, conditioned or delayed; provided that ministerial, typographical or other clerical modifications or amendments of an Asset Management Agreement shall not require Lender’s consent.
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Asset Management Agreements. No Asset Management Agreement shall be amended, terminated or modified in any material respect without the prior written consent of Administrative Agent and Required Lenders (such consent not to be unreasonably withheld, conditioned or delayed).
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Asset Management Agreements. Reference is made to (i) the announcement of the Company dated 16 August 2016 regarding the First Asset Management Agreement and the Second Asset Management Agreement; and
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Asset Management Agreements. (a) Asset Management Agreement with China Life Insurance Asset Management Company Limited (“AMC”) The asset management agreement entered into between the Company and AMC on November 30, 2003 expired on December 31, 2005. The Company and AMC entered into a renewed company asset management agreement (the “Renewed Company Asset Management Agreement”) on December 29, 2005. In accordance with the Renewed Company Asset Management Agreement, AMC agreed to invest and manage assets entrusted to it by the Company, on a discretionary basis, subject to the investment guidelines and instructions given by the Company. The Company retains the title of the entrusted assets and AMC is authorized to operate the accounts associated with the entrusted assets for an on behalf of the Company. All investment incomes and losses (as the case may be) relating to the assets managed by AMC pursuant to the agreement will be retained and borne by the Company. In consideration of AMC’s services in respect of investing and managing various categories of assets entrusted to it by the Company under the agreement, the Company agrees to pay AMC: a fixed service fee and a variable service fee. The fixed service fee is payable monthly and is calculated with reference to the net asset value of the assets in each specified category managed by AMC and the applicable management fee rates pre-determined by the parties on an arm’s length basis. The variable service fee equals to 10% of the fixed service fee per annum payable annually. The service fees under the Renewed Company Asset Management Agreement were determined by the Company and AMC based on an analysis of the cost of service, market practice and the size and composition of the asset pool to be managed. The Renewed Company Asset Management Agreement is for a term of two years effective from January 1, 2006 and expiring on December 31, 2007, and subject to compliance with the requirements of the Listing Rules, will be renewed for another one year, unless terminated by either party giving to the other party not less than 90 days’ prior written notice to terminate the agreement at the expiration of the current term. For the year ended December 31, 2006, the Company paid AMC an asset management fee of RMB283 million.
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Asset Management Agreements. At the request of Buyers, Seller has agreed to cooperate with Buyers immediately following the execution date hereof in order to execute the Asset Management Agreements (between Seller (or one or more of its Subsidiaries), on the one hand, and any of the Buyers or their designated Affiliate, on the other hand), in respect of Escondido and Chula Vista, in substantially the forms attached hereto as Exhibit B and Exhibit C, pursuant to which, among other things, Seller grants to such Buyer or its designated Affiliate the right to manage the operation of such facility (in the case of Chula Vista, on the later of July 1, 2009 or Buyer’s approval of the performance of the selective catalytic reduction equipment at the Chula Vista facility, and in the case of Escondido, on July 1, 2009).
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Asset Management Agreements. True and complete originals of each of the Asset Management Agreements have been delivered to Optionee and its agents and underwriters. All such Asset Management Agreements are valid and enforceable and presently in full force and effect, and none of the Asset Management Agreements have been assigned, pledged or otherwise encumbered. Neither Grantor nor, to the best knowledge of Grantor, any Manager under any Asset Management Agreements, is in default under such Asset Management Agreements, and Grantor does not know of any event which, but for the passage of time or the giving of notice, or both, would constitute a default under such Asset Management Agreements. The consummation of the transactions contemplated by this Agreement will not give rise to any breach, default or event of default under any of the Asset Management Agreements. Each of the Asset Management Agreements is assignable by Grantor and none of the Asset Management Agreements requires the consent or approval of any party in connection with the transactions contemplated by this Agreement.
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Asset Management Agreements. On 20 June 2019, the First Asset Management Agreement was entered into between Yongsheng Dyeing (an indirectly wholly-owned subsidiary of the Company) (as asset entrustor), China Everbright Trust (as asset manager) and China Everbright (Beijing) (as asset custodian) on 20 June 2019, pursuant to which Xxxxxxxxx Xxxxxx agreed to participate in the asset management plan operated by China Everbright Trust and to deposit an investment amount of RMB30,000,000 into the designated account maintained with China Everbright (Beijing), which was be funded by the internal resources of the Group. As all the applicable percentage ratios in respect of the First Asset Management Agreement were below 5%, the First Asset Management Agreement and the transactions contemplated thereunder were exempt from the requirements of Chapter 14 of the Listing Rules. The Board is pleased to announce that on 6 December 2019 (after trading hours), Xxxxxxxxx Xxxxxx (as asset entrustor) entered into the Second Asset Management Agreement with China Everbright Trust (as asset manager) and China Everbright (Beijing) (as asset custodian), pursuant to which Xxxxxxxxx Xxxxxx agreed to participate in the asset management plan operated by China Everbright Trust and to deposit an investment amount of RMB50,000,000 into the designated account maintained with China Everbright (Beijing), which will be funded by the internal resources of the Group. Pursuant to Rule 14.22 of the Listing Rules, the relevant applicable percentage ratios of the First Asset Management Agreement and Second Asset Management Agreement are require to be aggregated. As one or more of the applicable percentage ratios in respect of the Asset Management Agreements, when aggregated, are more than 5% but less than 25%, the Asset Management Agreements and the transaction contemplated thereunder constitute discloseable transactions of the Company and are subject to the reporting and announcement requirements, but exempt from the Shareholders’ approval requirement under Chapter 14 of the Listing Rules.
Sample 1
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Related to Asset Management Agreements

  • 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.

  • Property Management Agreement The Property Management Agreement is in full force and effect and, to Borrower's Knowledge, there are no defaults thereunder by any party thereto and no event has occurred that, with the passage of time and/or the giving of notice would constitute a default thereunder.

  • 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.

  • Asset Management Supplier will: i) maintain an asset inventory of all media and equipment where Accenture Data is stored. Access to such media and equipment will be restricted to authorized Personnel; ii) classify Accenture Data so that it is properly identified and access to it is appropriately restricted; iii) maintain an acceptable use policy with restrictions on printing Accenture Data and procedures for appropriately disposing of printed materials that contain Accenture Data when such data is no longer needed under the Agreement; iv) maintain an appropriate approval process whereby Supplier’s approval is required prior to its Personnel storing Accenture Data on portable devices, remotely accessing Accenture Data, or processing such data outside of Supplier facilities. If remote access is approved, Personnel will use multi-factor authentication, which may include the use of smart cards with certificates, One Time Password (OTP) tokens, and biometrics.

  • Acquisition Agreements If the Equipment is subject to any Acquisition Agreement, Lessee, as part of this lease, transfers and assigns to Lessor all of its rights, but none of its obligations (except for Lessee's obligation to pay for the Equipment conditioned upon Lessee's acceptance in accordance with Paragraph 6), in and to the Acquisition Agreement, including but not limited to the right to take title to the Equipment. Lessee shall indemnify and hold Lessor harmless in accordance with Paragraph 19 from any liability resulting from any Acquisition Agreement as well as liabilities resulting from any Acquisition Agreement Lessor is required to enter into on behalf of Lessee or with Lessee for purposes of this lease.

  • Management Agreement The Management Agreement is in full force and effect and there is no default thereunder by any party thereto and no event has occurred that, with the passage of time and/or the giving of notice would constitute a default thereunder.

  • Management Agreements Other than as contemplated by this Agreement, as of the date hereof, there are no contracts, undertakings, commitments, agreements or obligations or understandings between Parent or Merger Subsidiary, on the one hand, and any member of the Company’s management or the Company’s Board of Directors, on the other hand, relating in any way to the transactions contemplated by this Agreement or the operations of the Company after the Effective Time.

  • Management Letters Promptly after the receipt thereof by any Company, a copy of any “management letter” received by any such person from its certified public accountants and the management’s responses thereto;

  • Asset Management Services (i) Real Estate and Related Services:

  • 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.

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