Blocker Entity definition

Blocker Entity means any intermediate entity or special purpose vehicle that has been or will be formed for the purpose of holding one or more portfolio investments in which the Fund has a financial interest (whether in the same or a different class of financial instruments), that is treated as a corporation for U.S. federal income tax purposes.

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Blocker Entity means JGW Holdings, Inc., a Delaware corporation.

Blocker Entity means a Delaware limited liability company formed as a wholly-owned subsidiary of the Company to acquire limited liability company interests of either Rosmar Holdings, LLC or Silver State South Solar, LLC, and collectively, the Blocker Entities.

Examples of Blocker Entity in a sentence

• For the avoidance of doubt, this provision shall not apply to an election to effect the liquidation or merger of any Blocker Entity.

• From and after the applicable Blocker Election Date, the Class B Member Representative shall be permitted to require the Company to cause the applicable Blocker Entity to liquidate for U.S. federal income tax purposes (in each case, to the extent not previously liquidated prior to such date).

• For the avoidance of doubt, in the event that a portion of the consideration associated with a Blocker Event is contingent or in the form of a holdback or otherwise payable following consummation of such Blocker Event, such contingent consideration shall be paid directly to the Holders and sellers of the shares of any applicable Blocker Entity.

• The U.S. federal, state and local income Tax classification of Trilogy Holdings and the Blocker Entity and the effective date of any IRS Form 8832 filed by any such entity is set forth on Schedule 4.08.

• Within one hundred and eighty (180) calendar days after the filing of the U.S. federal income Tax Return of each Blocker Entity for the short Taxable Year including the Reorganization Transactions, the Corporation shall update the Estimated IPO Date Attribute Schedule to reflect the actual Blocker Attributes reflected on such Tax Returns and shall deliver such updated schedule (the “IPO Date Attribute Schedule”) to Searchlight and Rook.

More Definitions of Blocker Entity

Blocker Entity means (a) any non-corporate entity whose sole assets consist, directly or indirectly, of Shares and cash or cash equivalents or (b) any corporation whose sole assets consist of Shares, interests in a non-corporate Entity described in clause (a), and cash or cash equivalents. A Blocker Entity may not conduct any business other than directly or indirectly holding the assets described in the prior sentence.

Blocker Entity means GGCOF EHL Blocker, LLC.

Blocker Entity has the meaning set forth in Section 16.5(b) (Taxes of Co-Entrepreneurship).

Blocker Entity means, with respect to any TGE Investor, any single-purpose blocker entity formed under the laws of the United States that owns (directly or indirectly) all or a portion of such TGE Investor’s interests in the Interests and that is either a corporation or an entity classified as an association taxable as a corporation for U.S. federal income tax purposes.

Blocker Entity. Any entity taxable as a corporation for U.S. federal income tax

Blocker Entity means each of EBLP Blocker and ▇▇▇▇▇▇ ▇▇▇▇▇▇▇.

Blocker Entity means any Person created by Cerberus or any of its Affiliates for the purposes of holding, directly or indirectly, any interest in the Company or any of its Subsidiaries, including without limitation, ETC Equity Holder LLC and ETC IP Participant LLC, whose sole asset shall be its interest in the Company.