Treasury Management Services. Borrower and its Subsidiaries shall be in compliance with Section 7.12.
The policies, mechanisms and standards of Party A for management of agents, such as those on payment period, deposit and rebate, are set forth in the Exhibit (Measures of Tencent for Management of Advertising Agents for 2017) attached hereto.
Management or Control. Without the prior written consent of [[Organization C:Organization]]: # there shall not be any material change in direct or indirect management or control [[Organization B:Organization]]; and # [[Organization B:Organization]] shall not cease to maintain key management and executive personnel at a level of experience and ability equivalent to the present executive management and executive personnel as of the date hereof.
Participants are expected to effectively manage all risk associated with their position in accordance with the Wells Fargo’s Risk Management Framework.
Management of Subsidiary. In order to help facilitate the transition of the Subsidiary to , the Parties have agreed that Barry Hall, the CEO of , be the sole officer of the Subsidiary.
Cash Management Agreement. The Agent shall have received from the Borrowers the final Cash Management Agreement, duly executed by each Borrower and the Cash Management Bank.
This Agreement and the Cash Management Agreement and the Deposit Account Control Agreement, collectively, create a valid and continuing security interest (as defined in the Uniform Commercial Code of the State of New York) in the Cash Management Account and the Deposit Account in favor of the Agent for the benefit of the Lender, and each such security interest is prior to all other Liens, other than Permitted Encumbrances, and is enforceable as such against creditors of each Borrower. Other than in connection with the Loan Documents and except for Permitted Encumbrances, none of the Borrowers has sold, pledged or otherwise transferred or conveyed any of its rights or interests in the Cash Management Account or the Deposit Account;
all fees, costs and expenses of legal, tax, accounting, consulting, auditing (including internal audit), finance, administrative, investment banking, capital market, transfer agency, escrow agency, custody, prime brokerage, asset management, property management, data or technology services and other non-investment advisory services rendered to the Company by the Advisor or its Affiliates in compliance with Section 4(e);
The audited financials are attached as Appendix B. The Company recorded $1.7M revenue in its last fiscal year, a 238% growth year over end. As standard with all companies in starting in the cannabis and cannabinoid industry, the first few years of service is directed towards asset management and creating a revenue backlog. See “Company Assets” for a complete review of the assets developed by the management team and with the management team’s invested capital.
“AUM” with respect to any Person # means assets under management by such Person and shall consist, on any date, of the net asset value as of such date of all assets as to which such Person has or shares investment discretion or to which it is responsible for exercising regular and continuous oversight and monitoring and # assets subject to investor management agreements with respect to which management does not have discretion but provides investment recommendations.
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