Affiliated Debt Funds definition

Affiliated Debt Funds means any Affiliated Lender that is primarily engaged in, or advises funds or other investment vehicles that are engaged in, making, purchasing, holding or otherwise investing in commercial loans, bonds and similar extensions of credit or securities in the ordinary course and with respect to which the Sponsor does not, directly or indirectly, possess the power to direct or cause the direction of the investment policies of such entity.
Sample 1Sample 2Sample 3
Affiliated Debt Funds means Silver Lake Credit Fund, L.P. and any other successor or similar debt investment fund managed by Silver Lake Financial Management Company, L.L.C. or any other Affiliated Lender that is primarily engaged in, or advises funds or other investment vehicles that are engaged in, making, purchasing, holding or otherwise investing in commercial loans, bonds and similar extensions of credit or securities in the ordinary course and with respect to which the Sponsor does not, directly or indirectly, possess the power to direct or cause the direction of the investment policies of such entity.
Sample 1Sample 2Sample 3
Affiliated Debt Funds means any Affiliated Lender (other than a natural Person) that is primarily engaged in, or advises funds or other investment vehicles that are engaged in, making, purchasing, holding or otherwise investing in commercial loans, bonds and similar extensions of credit or securities in the ordinary course for which no personnel making investment decisions in respect of any equity fund which has a direct or indirect equity investment in Holdings, the Borrower, or the Restricted Subsidiaries has the right to make any investment decisions and with respect to which the Sponsor does not, directly or indirectly, possess the power to direct or cause the direction of the investment policies of such entity.
Sample 1Sample 2Sample 3

Examples of Affiliated Debt Funds in a sentence

  • Notwithstanding anything to the contrary herein, in connection with any amendment, modification, waiver or other action requiring the consent or approval of Required Lenders, Lenders that are Affiliated Debt Funds shall not be permitted, in the aggregate, to account for more than 49.9% of the amounts actually included in determining whether the threshold in the definition of Required Lenders has been satisfied.

  • The parties hereto hereby acknowledge that, subject to Section 9.04, any Lender may assign its Term Loans and Term Commitments to one or more Affiliate Lenders or Affiliated Debt Funds.

  • The Facility A Commitment, Facility C Commitment, Facility D Commitment and Facility E Commitment of the Affiliated Lenders and Affiliated Debt Funds in the aggregate at any time shall not be more than 25% of the Facility A Total Commitment, Facility C Total Commitment, Facility D Total Commitment and Facility E Total Commitment, respectively (the “Affiliated Lender Cap”).

  • For the avoidance of doubt, this Section 10.07(j)(F) shall not apply to Affiliated Debt Funds.

  • The parties hereto hereby acknowledge that, subject to Section 9.04, any Lender may assign its Construction Loans, Term Loans, Construction Commitments and Term Commitments to one or more Affiliate Lenders or Affiliated Debt Funds.

  • After giving effect to any such assignment under this Section 10.07(j) and to all other assignments with all Sponsor Affiliated Lenders, the aggregate principal amount of all Loans and Commitments then held by all Sponsor Affiliated Lenders (other than Affiliated Debt Funds) shall not exceed 25% of the aggregate unpaid principal amount of the Term Loans then outstanding (determined as of the time of such purchase).

  • The parties hereto hereby acknowledge that, subject to Section 9.04, any Lender may assign its Construction/Term Loans, Term Loans, Construction/Term Commitments and Term Commitments to one or more Affiliate Lenders or Affiliated Debt Funds.

  • For avoidance of doubt, the foregoing limitations shall not be applicable to Affiliated Debt Funds, KKR Corporate Lending LLC or MCS Corporate Lending LLC.

  • For avoidance of doubt, the foregoing limitations in subclauses (j), (k), (l) and (m) of this Section 10.07 shall not be applicable to Affiliated Debt Funds except for subclause (k)(e).


More Definitions of Affiliated Debt Funds

Affiliated Debt Funds. ABRY Advanced Securities Fund, L.P. and any other Affiliate of ABRY that is (i) a bona fide diversified debt fund and (ii) in the business of investing solely in loans or other debt.
Sample 1Sample 2
Affiliated Debt Funds means any Affiliated Lender (other than a natural Person) that is primarily engaged in, or advises funds or other investment vehicles that are engaged in, making, purchasing, holding, or otherwise investing in commercial loans, bonds, and similar extensions of credit or securities in the ordinary course for which no personnel making investment decisions in respect of any equity fund which has a direct or indirect equity investment in Holdings, the Borrower or the Restricted Subsidiaries has the right to make any investment decisions and with respect to which the Sponsor does not, directly or indirectly, possess the power to direct or cause the direction of the investment policies of such entity.
Sample 1

Related to Affiliated Debt Funds

  • Affiliated Debt Fund means any Affiliated Lender that is a bona fide diversified debt fund primarily engaged in, or that advises funds or other investment vehicles that are engaged in, making, purchasing, holding or otherwise investing in commercial loans, bonds and similar extensions of credit or securities in the ordinary course.

  • Non-Debt Fund Affiliate means any Affiliate of the Sponsor other than (i) Holdings, (ii) any Subsidiary of Holdings, (iii) any Debt Fund Affiliate and (iv) any natural person.

  • Debt Fund Affiliate means any Affiliate of Holdings (other than Holdings, the Borrower or any Subsidiary of the Borrower) that is primarily engaged in, or advises funds or other investment vehicles that are engaged in, making, purchasing, holding or otherwise investing in commercial loans, bonds and similar extensions of credit or securities in the ordinary course and with respect to which any Sponsor does not, directly or indirectly, possess the power to direct or cause the direction of the investment policies of such Affiliate.