BDC Manager definition

BDC Manager means Capital Q Management LLC, and shall also mean any Person who becomes BDC Manager pursuant to the provisions of Section 4.02 and any Person who succeeds to all or a portion of the BDC Manager’s Interest pursuant to Section 8.05 of this Agreement.
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Examples of BDC Manager in a sentence

  • The BDC shall have the power to remove a BDC Manager at any time with or without cause, and in such case may appoint such Person’s replacement.

  • A BDC Manager shall also cease to be a Manager upon such Person’s written resignation, death or incapacity, and in any such event the BDC may appoint such Person’s replacement.

  • For so long as there are both Trinity Managers and BDC Managers present, a meeting may only be held with the attendance of at least one Trinity Manager and one BDC Manager.

  • The BDC shall notify the other Members and the Board of Managers promptly if any BDC Manager ceases to be a Manager and of any replacement of a BDC Manager.

  • The Board of Managers hereby authorizes the BDC to cause either BDC Manager, acting in his capacity as a Manager, to contract for leverage on behalf of the Fund, whether in the form of one or more traditional loans or in the form of one or more derivative contracts (together, “Leverage”).

  • Such Leverage may be in such form and on such terms as a BDC Manager acting under the direction of the BDC shall agree, and each BDC Manager is hereby authorized to execute the related documentation on behalf of the Fund as a Manager of the Fund.

  • The BDC Manager shall keep or cause to be kept, at the BDC’s expense, full, complete and accurate books of account and other records showing the assets, liabilities, costs, expenditures, receipts, Net Profits and Net Losses of the BDC, the respective Capital Accounts of the Investors and such other matters required by the Act.

  • No amount shall be paid or charged to any such Stockholder’s Capital Account on account of any such contingency, transaction or claim until its final settlement or such earlier time as the BDC Manager shall determine.

  • Studies (using various animal species) have not shown any carcinogenic effects of inhalation exposure to sulfuric acid mists.

  • Any unused portion of such reserve shall be distributed with interest accrued thereon once the BDC Manager has determined that the need therefor has ceased.

Related to BDC Manager

  • Sub-Manager Any Person with which the Property Manager or the Special Servicer has entered into a Sub-Management Agreement.

  • Asset Manager means the manager of each of the Series Assets as specified in each Series Designation or, its permitted successors or assigns, appointed in accordance with Section 5.10.

  • CLO Asset Manager means, with respect to any Securitization Vehicle that is a CLO, the entity that is responsible for managing or administering the underlying assets of such Securitization Vehicle or, if applicable, the assets of any Intervening Trust Vehicle (including, without limitation, the right to exercise any consent and control rights available to the Directing Holder).

  • Investment Manager or “Manager” shall mean a party furnishing services to the Trust pursuant to any contract described in Section 4.8 hereof;

  • Manager has the meaning set forth in 2.1.

  • CDO Asset Manager with respect to any Securitization Vehicle that is a CDO, shall mean the entity that is responsible for managing or administering a Note as an underlying asset of such Securitization Vehicle or, if applicable, as an asset of any Intervening Trust Vehicle (including, without limitation, the right to exercise any consent and control rights available to the holder of such Note).

  • Procurement Manager means any person or designee authorized by a state agency or local public body to enter into or administer contracts and make written determinations with respect thereto.

  • Asset Management is a principle/practice that includes planning processes, approaches, plans, or related documents that support an integrated lifecycle approach to the effective stewardship of infrastructure assets to maximize benefits and effectively manage risk.

  • Managing Member means CEF Equipment Holding, L.L.C., a Delaware limited liability company or any successor Managing Member under the Issuer Limited Liability Company Agreement.

  • General Partner means the Company or its successors as general partner of the Partnership.

  • Investment Management Services means any services which involve: (i) the management of an investment account or Fund (or portions thereof or a group of investment accounts or Funds); (ii) the giving of advice with respect to the investment and/or reinvestment of assets or funds (or any group of assets or funds); or (iii) otherwise acting as an “investment adviser” within the meaning of the Investment Advisers Act of 1940, as amended, including, without limitation, in each of the foregoing cases, performing activities related or incidental thereto.

  • Independent Manager shall refer to a member of the Board that meets the standards of an “independent director” set forth in NASDAQ Marketplace Rule 4200(a)(15) (on any successor rule) with respect the Company, the Administrator and their respective affiliates. In the event a Special Committee is formed, the term “Independent Manager” shall, as the context requires, refer generically to each Independent Manager.