Approval of Qualified Borrower Sample Clauses

Approval of Qualified Borrower. In order for an entity to be approved as a Qualified Borrower (i) the Borrowers must obtain the written consent of each Lender, not to be unreasonably withheld; (ii) such entity shall be one in which a Borrower or another Credit Party owns a direct or indirect ownership interest, or through which the Borrower or another Credit Party may acquire an Investment, the indebtedness of which entity can be guaranteed by such Borrower or an applicable Feeder Fund under their Constituent Documents (a “Qualified Borrower”); and (iii) the provisions of this Section 6.3 shall be satisfied;
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Approval of Qualified Borrower. In order for an entity to be approved as a Qualified Borrower (i) the Borrowers must obtain the written consent of each Lender in their sole discretion; (ii) such entity shall be one in which a Borrower owns a direct or indirect ownership interest, or through which a Borrower may acquire an investment, the indebtedness of which entity can be guaranteed by such Borrower under its Constituent Documents (a “Qualified Borrower”); and (iii) the provisions of this Section 6.3 shall be satisfied;
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Approval of Qualified Borrower. In order for an entity to be approved as a Qualified Borrower, the Borrower Parties must obtain the written consent of all Lenders, not to be unreasonably withheld and the provisions of this Section 7.03 shall be satisfied;
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Approval of Qualified Borrower. In order for an entity to be approved as a Qualified Borrower (i) such entity shall be one in which a Borrower owns a direct or indirect ownership interest, or through which a Borrower will acquire an Investment, the indebtedness of which entity can be guaranteed by the applicable Borrower under its Constituent Documents (a “Qualified Borrower”); (ii) the provisions of this Section 6.3 shall be satisfied; and (iii) the Lenders shall have consented to the addition of such Qualified Borrower in their discretion (such discretion not to be unreasonably withheld);
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Approval of Qualified Borrower. In order for an entity to be approved as a Qualified Borrower (i) the applicable Borrower must obtain the written consent of each Lender not to be unreasonably withheld (it being agreed by all parties hereto that it shall not be unreasonable for any Lender to withhold its consent to any Qualified Borrower if such Qualified Borrower is formed and/or located in a jurisdiction that is adverse to such Lender’s interest as a result of an internal policy or otherwise); (ii) such entity shall be one in which a Borrower or another Borrower owns a direct or indirect ownership interest, or through which such Borrower or another Borrower may acquire an Investment, the indebtedness of which entity can be guaranteed by the applicable Borrower under its Constituent Documents (a “Qualified Borrower”); and (iii) the provisions of this Section 6.3 shall be satisfied;
Sample 1
Approval of Qualified Borrower. In order for an entity to be approved as a Parent Borrower or a Qualified Borrower, (i) Borrowers must obtain the prior written consent of Lender in its sole discretion; (ii) unless such entity is an approved Parent Borrower hereunder, such entity shall be one in which a Borrower owns a direct or indirect ownership interest, or through which a Borrower may acquire an Investment, the indebtedness of which entity can be guaranteed by Borrowers under their Constituent Documents (a “Qualified Borrower”) and for avoidance of doubt, secured by the Feeder Fund A Security Agreement; and (iii) the provisions of this Section 6.3 shall be satisfied;
Sample 1

Related to Approval of Qualified Borrower

  • Acknowledgement and Consent to Bail-In of EEA Financial Institutions Notwithstanding anything to the contrary in any Loan Document or in any other agreement, arrangement or understanding among any such parties, each party hereto acknowledges that any liability of any EEA Financial Institution arising under any Loan Document, to the extent such liability is unsecured, may be subject to the write-down and conversion powers of an EEA Resolution Authority and agrees and consents to, and acknowledges and agrees to be bound by:

  • Organization, Authority and Qualification of the Company The Company is a corporation duly organized, validly existing and in good standing under the Laws of the state of Delaware and has full corporate power and authority to own, operate or lease the properties and assets now owned, operated or leased by it and to carry on its business as it has been and is currently conducted. Section 3.02 of the Disclosure Schedules sets forth each jurisdiction in which the Company is licensed or qualified to do business, and the Company is duly licensed or qualified to do business and is in good standing in each jurisdiction in which the properties owned or leased by it or the operation of its business as currently conducted makes such licensing or qualification necessary. All corporate actions taken by the Company in connection with this Agreement and the other Transaction Documents will be duly authorized on or prior to the Closing.

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