Qualified Assignee Sample Clauses

Qualified Assignee. (a) any Lender Party or (b) any other Person (other than a natural Person, the Borrowers, or any Affiliate of the Borrowers); provided, that without the consent of Administrative Agent in its sole discretion, no Person proposed to become a Lender after the Closing Date and determined by Administrative Agent to be acting in the capacity of a vulture fund or distressed debt purchaser shall be a Qualified Assignee.
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Qualified Assignee. A Lease may be assigned to any qualified Person, provided that in the event an assignment partitions leased lands between two (2) or more Persons, neither the assigned nor the retained part created by the assignment may contain less than forty (40) acres or a government lot, whichever is less. (3-18-22
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Qualified Assignee. (a) any affiliate of the Lender and (b) any commercial bank, investment bank, trust company, or insurance company or other Person in the business of purchasing loans, provided that no Person proposed to become a Lender to be acting in the capacity of a private equity firm, hedge fund, business development company, or similar entity shall be a Qualified Assignee.
Sample 1
Qualified Assignee. Buyer is a “Qualified Assignee” as such term is defined in the NET Mexico LLC Agreement. As such, Buyer (a) has assets under management, or a consolidated net worth (or to the extent the securities of Buyer are publicly traded, market value of equity), in excess of $1,000,000,000, (b) has access to operating capital equal to or greater than $300,000,000, and (c) is an Experienced Owner/Operator.
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Qualified Assignee. An assignee of Lessee that has demonstrated the following to the reasonable satisfaction of the Lessor: (a) a person or entity that is charged with oversight and responsibility for the Wind Energy Project has at least five (5) years of experience financing, managing and operating a similar generating facility of at least 100 MW of wind power generation ; and (b) a net worth of at least Five Million Dollars ($5,000,000).
Sample 1
Qualified Assignee. Subject to Lessor’s rights under Sections 11.1 and 11.2, Lessee may assign its interest under this Lease to a Qualified Assignee without Lessor’s consent. “Qualified Assignee” means an unrelated third party that, together with its parent, subsidiaries and affiliates, (i) has experience in the business of owning and managing acute-care hospitals and (ii) as of the date in question, owns and/or manages no fewer than five acute care hospitals, all of which are (a) qualified to participate in the Medicare and Medicaid programs (or any successor programs thereto that may then be in effect) and (b) fully accredited by The Joint Commission or other recognized accreditation agency. Lessee shall provide Lessor with reasonable prior notice of Xxxxxx’s intent to make an assignment permitted under this Section
Sample 1

Related to Qualified Assignee

  • Assignee The Assignee (a) represents and warrants that (i) it has full power and authority, and has taken all action necessary, to execute and deliver this Assignment and Assumption and to consummate the transactions contemplated hereby and to become a Lender under the Credit Agreement, (ii) it satisfies the requirements, if any, specified in the Credit Agreement that are required to be satisfied by it in order to acquire the Assigned Interest and become a Lender, (iii) from and after the Effective Date, it shall be bound by the provisions of the Credit Agreement as a Lender thereunder and, to the extent of the Assigned Interest, shall have the obligations of a Lender thereunder, (iv) it has received a copy of the Credit Agreement, together with copies of the most recent financial statements delivered pursuant to Section 5.01 thereof, as applicable, and such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into this Assignment and Assumption and to purchase the Assigned Interest on the basis of which it has made such analysis and decision independently and without reliance on the Administrative Agent or any other Lender, and (v) if it is a Foreign Lender, attached to the Assignment and Assumption is any documentation required to be delivered by it pursuant to the terms of the Credit Agreement, duly completed and executed by the Assignee; and (b) agrees that (i) it will, independently and without reliance on the Administrative Agent, the Assignor or any other Lender, and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the Loan Documents, and (ii) it will perform in accordance with their terms all of the obligations which by the terms of the Loan Documents are required to be performed by it as a Lender.

  • Transfer; Successors and Assigns The terms and conditions of this Agreement shall inure to the benefit of and be binding upon the respective successors and assigns of the parties. Nothing in this Agreement, express or implied, is intended to confer upon any party other than the parties hereto or their respective successors and assigns any rights, remedies, obligations, or liabilities under or by reason of this Agreement, except as expressly provided in this Agreement.

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