Asset Management Fee means the fees payable to the Advisor pursuant to Section 8.02.
#[[Person A:Person]] (“[[Person A:Person]]”)
Prepare actuarial reports, opinions and memoranda and assist with asset/liability management and cash flow
The parties additionally desire that this agreement govern any provision of services from Asset Management to Advisory.
“PNC IAM Account” shall mean that certain institutional asset management account of Borrowers maintained with PNC, account # [[Identifier]].
•Wealth services, brokerage services, asset/investment management services, alternative investments (such as real estate, hedge funds, private credit, private equity).
And to: [[Lender:Organization]] c/o Oceanview Asset Management [[Address A:Address]], 3rd Floor New York, New York 10019 Attention: [[Person B:Person]]
The Joint Venture Company shall be managed by a Board of Directors. The Board shall be comprised of not less than three (3) Members. [[Parties:Organization]] shall be entitled to appoint one (1) Member to the Board, [[Parties:Organization]] or its nominee shall appoint one (1) Member to the Board and TTO shall be entitled to appoint one (1) Member to the Board.
Cash Management Services. [[Organization A:Organization]] may use availability hereunder up to the Cash Management Sublimit for [[Organization B:Organization]]’s cash management services, which may include merchant services, direct deposit of payroll, business credit card, and check cashing services identified in various cash management services agreements related to such services (the “Cash Management Services”). The entire Cash Management Sublimit will be treated as an Advance for purposes of determining availability under the Domestic Credit Limit and shall decrease, on a dollar-for-dollar basis, the amount available for other Advances. The Cash Management Services shall be subject to additional terms set forth in applicable cash management services agreements. If at any time the Line of Credit is terminated or otherwise ceases to exist, [[Organization A:Organization]] shall immediately secure in cash the entire Cash Management Sublimit on terms acceptable to [[Organization B:Organization]].
Auditors’ Management Letters. Promptly after any auditors’ management letters are received by the Borrower or by its accountants, which refer in whole or in part to any inadequacy, defect, problem, qualification or other lack of fully satisfactory accounting controls utilized by the Borrower.
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