Examples of Blackstone Member in a sentence
In addition, Blackstone Member may cause the Company to make or refrain from making any and all other elections permitted by the tax laws of the United States, the several states and other relevant jurisdictions.
Non-Capital Proceeds shall be distributed at such times and intervals as determined by Blackstone Member, but in no event later than 30 days after the end of each calendar quarter.
Rights to the name "Blackstone" shall belong solely to Blackstone Member and rights to the name "Capital Senior Living" shall belong solely to CSL Member.
The execution by any Blackstone Member of any of the foregoing certificates and (and any amendments and/or restatements thereof) shall be sufficient.
When the Company is dissolved, the business and property of the Company shall be wound up and liquidated or, in the event of a Dissolution Event, by such liquidating trustee as may be approved by Blackstone Member (the remaining Members or such liquidating trustee, as the case may be, being hereinafter referred to as the "Liquidator").
The execution of this Agreement and the consummation of this Agreement in accordance with its terms do not and will not result in a breach of the terms and conditions of, nor constitute a default under or violation of, Blackstone Member's organizational documents or any law, regulation, court order, mortgage, note, bond, indenture, agreement, license or other agreement or obligation to which Blackstone Member is now a party or by which the Property may be bound or affected.
To the actual knowledge of Blackstone Member, the execution, delivery and performance of this Agreement and the transactions contemplated herein will not require any consent, approval, authorization, order, or declaration of, or any filing or registration with, any court, any Governmental Authority, or any other person or entity, the absence of which would materially impair the ability of the Venture, or any manager of the Property from providing services at the Property.
This Agreement is, and the other documents to be delivered by Blackstone Member pursuant hereto (when executed and delivered by Blackstone Member) will be, valid and enforceable obligations of Blackstone Member, binding on Blackstone Member in accordance with their terms.
The Company’s books and financial statements shall be kept on an accrual basis or as otherwise mutually agreed by the Blackstone Member and the Glimcher Member and otherwise in accordance with generally accepted accounting principles (consistently applied) unless otherwise expressly provided in this Agreement.
At any time within the 45 day period (the “Asset ROFO Response Period”) commencing on the day the Blackstone Member sends the Asset ROFO Notice to the Glimcher Member, the Glimcher Member shall have the right to deliver written notice to the Blackstone Member either (A) electing to purchase the Offered Assets for the Asset ROFO Purchase Price (an “Asset ROFO Election Notice”), or (B) rejecting the offer contained in the Asset ROFO Notice (an “Asset ROFO Rejection Notice”).