Examples of Blackstone Fund in a sentence
For the avoidance of doubt, the foregoing shall not prohibit the Investment Manager from disclosing the participation of the Company in or alongside any Blackstone Fund to investors in such Blackstone Fund and prospective investors in such Blackstone Fund that in the course of their due diligence request disclosure of the identity of the existing investors in (or alongside) such Blackstone Fund.
In Blackstone’s role as general partner, collateral manager or investment adviser, it generally considers itself the sponsor of the applicable Blackstone Fund.
Neither this Agreement nor any of the rights, interests or obligations hereunder shall be assigned by any of the Parties hereto (whether by operation of law or otherwise) without the prior written consent of the other Parties, provided, however, that any Blackstone Fund may assign its rights and obligations under this Agreement in whole or in part to any Stockholder in connection with a Permitted Transfer (as defined in the Stockholders Agreement).
On 14 August 2018, the Company entered into a subscription agreement (the “Subscription Agreement”) with certain entities ultimately controlled by The Blackstone Group L.P. (the “Blackstone Fund SPVs”), pursuant to which, the Blackstone Fund SPVs have conditionally agreed to subscribe for, and the Company has conditionally agreed to issue, the H share convertible bonds with an aggregate principal amount of US$400,000,000 (the “H Share Convertible Bonds”).
Each Blackstone Fund severally undertakes to Bidco to take all reasonable action to ensure that it will have sufficient undrawn commitments or funds available to it to fund its respective Individual Equity Commitment in full on the Relevant Date.
On 14 August 2018, the Company entered into a subscription agreement with certain entities ultimately controlled by The Blackstone Group L.P. (the “Blackstone Fund SPVs”), pursuant to which, the Blackstone Fund SPVs have conditionally agreed to subscribe for, and the Company has conditionally agreed to issue, the H share convertible bonds with an aggregate principal amount of US$400,000,000 (the “H Share Convertible Bonds”).
GSO will not, under any circumstances, be obligated to contribute more than the Commitment to CF Corp; provided that the foregoing shall not limit the obligations under (i) the Forward Purchase Agreement among CF Corp, CFS Holdings (Cayman), L.P. and CF Capital Growth, LLC, (ii) the Equity Commitment Letter between CF Corp and Blackstone Fund and (iii) the Equity Commitment Letter among Blackstone Fund, Fidelity National Financial, Inc.
The total obligation of the Blackstone Funds to fund any amounts in connection with the Offer shall in no event exceed the Equity Commitment (or, in the case of each Blackstone Fund, its Individual Equity Commitment (as such term is defined below).
Sponsor will not, under any circumstances, be obligated to contribute more than the Commitment to CF Corp; provided, that the foregoing shall not limit the obligations under (i) the Forward Purchase Agreement among CF Corp, BilCar, LLC and CF Capital Growth, LLC and (ii) the Equity Commitment Letter among Blackstone Fund, Sponsor and CF Corp.
Each Blackstone Fund agrees and acknowledges that its obligation to pay its Individual Equity Commitment (as defined below) will, subject to the terms of this letter agreement, remain in force, and will not be satisfied, until such amount has been received in full by Bidco and that, subject to the terms of this letter agreement, no failure on the part of the other Blackstone Fund to comply with its obligation under this Section 1 will relieve it from so complying.