Blackstone Representative definition
Blackstone Representative means the Blackstone Entity designated from time to time by all of the Blackstone Entities to serve as the representative of the Blackstone Entities for certain purposes hereunder.
Blackstone Representative means Blackstone Alternative Credit Advisors LP and, after the Closing Date, any successor or assign that is a Blackstone Entity appointed by the |US-DOCS\161907737.16|| previous Blackstone Entity(ies) that fulfilled the role as Blackstone Representative hereunder, effective upon written notice of such appointment to Borrower and Agent; provided, that if no Lender under this Agreement is a Blackstone Entity, then “Blackstone Representative” shall mean a Lender appointed by the Required Lenders and notified to Agent and Borrower to fulfill the role as the Blackstone Representative or, in the absence of any such appointment, shall mean the Required Lenders.
Blackstone Representative means ▇▇▇▇▇ ▇▇▇▇▇▇▇▇, or such other person as the Blackstone Holders may designate.
Examples of Blackstone Representative in a sentence
Each party hereto agrees that, in the event that any Agent is expressed to act at the direction of the Blackstone Representative in accordance with this Agreement or other Loan Documents, such Agent may conclusively rely on such direction without further inquiry on whether other additional approval is needed for such Agent in order to take such action.
Each Agent shall in all cases be fully protected in acting, or in refraining from acting, under this Agreement or any other Loan Document in accordance with a request or consent of the Blackstone Representative or the Required Lenders (or such greater number of Lenders as may be expressly required in the Loan Documents in any instance) and such request and any action taken or failure to act pursuant thereto shall be binding upon all the Lenders.
The Agent and the Blackstone Representative shall have received a Solvency Certificate dated as of the Amendment No. 1 Effective Date from a Financial Officer of the Borrower certifying as to the matters set forth therein as of the Amendment No. 1 Effective Date after giving effect to this Agreement and the establishment of the 2025-1 Delayed Draw Term Loan Commitments; (h) Amendment No. 3 to Agreement Among Lenders.
Subject to Section 10.17, each Loan Party shall take such actions as the Administrative Agent, the Collateral Agent or the Blackstone Representative may reasonably request from time to time to ensure that the Obligations are (i) guaranteed by the Guarantors and (ii) are secured by the Collateral.
More Definitions of Blackstone Representative
Blackstone Representative has the meaning set forth in the Stockholders Agreement.
Blackstone Representative means, collectively Blackstone Alternative Credit Advisors LP and Blackstone Life Sciences Advisors L.L.C. and, after the Closing Date, any successor or assign that is a Blackstone Entity appointed by the previous Blackstone Entity(ies) that fulfilled the role as Blackstone Representative hereunder.
Blackstone Representative means Blackstone Asset Based Finance, and, after the Closing Date, any successor or assign that is a Blackstone Asset Based Finance Affiliate appointed by the previous Blackstone Representative, effective after five (5) Business Days’ advance written notice of such appointment to the Borrower and the Administrative Agent; provided, that if no Lender under this Agreement is a Blackstone Asset Based Finance Entity then “Blackstone Representative” shall mean a Lender appointed by the Required Lenders and notified to the Administrative Agent to fulfill the role as the Blackstone Representative.
Blackstone Representative has the meaning set forth in Section 3.3(a)(iii).
Blackstone Representative means Blackstone Alternative Credit Advisors LP, and, after the Closing Date, any successor or assign that is a Blackstone Entity appointed by the previous Blackstone Representative that fulfilled the role as Blackstone Representative hereunder.
Blackstone Representative means, Blackstone Asset Based Finance, and, after the Closing Date, any successor or assign that is a Blackstone Asset Based Finance Affiliate appointed by the previous Blackstone Representative, effective after five (5) Business Days’ advance written notice of such appointment to the Borrower and the Administrative Agent; provided, that if no Lender under this Agreement is a Blackstone Asset Based Finance Entity then “Blackstone Representative” shall mean a Lender appointed by the Required Lenders and notified to the Administrative Agent to fulfill the role as the Blackstone Representative. “Blackstone Representative Side Letter” means the side letter agreement dated as of the Closing Date among Blackstone Asset Based Finance Advisors LP, as Blackstone Representative, the Borrower and certain of its Affiliates. “Bona Fide Debt Fund” means any fund or investment vehicle that is primarily engaged in the making, purchasing, holding or otherwise investing in commercial loans, bonds and other similar extensions of credit in the ordinary course. “Borrowed Amount” means, with respect to any Borrowing, the aggregate principal amount of Loans made or to be made in respect of such Borrowing. “Borrower” has the meaning set forth in the introductory paragraph to this Agreement. “Borrower Materials” has the meaning set forth in Section 6.02. “Borrower Order” means a written order or request dated and signed in the name of the Borrower by a Responsible Officer of the Borrower (or a Responsible Officer of the Collateral Manager on its behalf), which order or request may be provided by email or other electronic communication (except to the extent that the Collateral Agent requests otherwise). “Borrowing” means each borrowing of Loans described in Section 2.01 on any single day. “Borrowing Date” means, with respect to any Borrowing, the date thereof. “Borrowing Percentage” means, (a) with respect to any Borrowing of Class A Loans, the related Class A Borrowing Percentage, and (b) with respect to any Borrowing of Class B Loans, the related Class B Borrowing Percentage.
Blackstone Representative means Blackstone Credit, and, after the Effective Date, any successor or assign that is a Blackstone Credit Entity appointed by the previous Blackstone Credit Entity that fulfilled the role as Blackstone Representative hereunder, effective after five (5) Business Days’ advance written notice of such appointment to the Administrative Borrower and the Administrative Agent; provided, that if Blackstone Credit Entities do not comprise more than 50% of holders of outstanding Term Loans, then “Blackstone Credit Representative” shall thereafter mean no Person and any provision referring to the Blackstone Credit Representative shall cease to apply (provided, that (i) in the case of any agreement, document, instrument, matter or other item that is required under the terms of this Agreement or any other Loan Document to be consented or agreed to, approved by, determined by, selected by, or acceptable or satisfactory to, the Blackstone Credit Representative (each, an “Approval Item”), such reference to the “Blackstone Credit Representative” shall instead be a reference to the “Administrative Agent”, and the Administrative Agent shall be entitled to withhold its consent, agreement or approval to, its determination or selection of, or its acceptance or satisfaction with, or (if applicable) its signature to, such Approval Item unless and until the Administrative Agent has received a written direction from the Required Lenders (or such other number or percentage of the Lenders as shall be expressly provided for herein or in the other applicable Loan Document) directing it to (x) consent or agree to or approve, or to select or indicate its acceptance or satisfaction with, such Approval Item and (y) if applicable, execute and deliver (or take any other applicable action with respect to) such Approval Item) and (ii) in the case of any action under a Loan Document to be taken (or not taken) by the Administrative Agent at the direction of the “Blackstone Credit Representative”, such action shall instead be required to be taken (or not taken) by the Administrative Agent at the direction of the Required Lenders).