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Asset Management
Asset Management contract clause examples

Treasury Management Services. Borrower and its Subsidiaries shall be in compliance with Section 7.12.

Management of Collections. Except with respect to Government Receivables, to take possession of and endorse in the name of Provider and deposit into the Operating Account any notes, checks, money orders, and any other instruments received as payment for Wound Care Products, including payment of accounts receivable.

Management Fee Payment. At any time during the Term, Manager may withdraw from the Operating Account up to an amount equal to the amount of Management Fee from the current month not yet paid by Provider to Manager.

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.

The New Brunswick Hemp Project and the Joint Venture Company shall be managed by the Director appointed on behalf of Global Hemp Group.

Effectively manages the human resources of the organization according to authorized personnel policies and procedures that fully conform to current laws and regulations.

Annual Management Reports. No more than once per calendar year during the Lease Term, upon [[Landlord:Organization]]’s request, and only to the extent the information is not already readily available to [[Landlord:Organization]] on an independent basis, [[Tenant:Organization]] shall prepare and deliver to [[Landlord:Organization]] # if the Premises are separately metered, a utilities consumption and demand report and analysis for the preceding year and # any other reports as [[Landlord:Organization]] shall, on an annual basis, reasonably request in connection with the operation, repair and maintenance of the Building Systems, which reports are generally consistent with the Management Standard.

Cash Management System. The Loan Parties shall maintain their principal deposit accounts at [[Agent:Organization]] (other than with respect to depository accounts required by the Loan Parties to be maintained in locations where Wells Fargo does not have a branch within a reasonable distance) and other than as provided in Section 5.20.

Advisory currently maintains certain staff and services which each of Asset Management, Gracie, Freeport and Steele Creek utilizes in the course of their respective business.

Management Agreement” shall mean the management agreement to be entered into by and between [[Borrower:Organization]] and the Manager, pursuant to which the Manager is to provide management and other services with respect to the Property, which management agreement shall be reasonably acceptable to [[Lender:Organization]], or, if the context requires, the Replacement Management Agreement. For the avoidance of doubt, the draft management agreement with Asset Living provided to [[Lender:Organization]] prior to the closing of the Loan shall be deemed reasonably acceptable.

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