Borrower Managing Member definition

Borrower Managing Member means MM Proton I Investors, LLC until such time as a Person designated by Borrower Profit Participant shall succeed to the authority of the managing member pursuant to the terms of the Operating Agreement of Borrower or pursuant to that certain Equity Participation Agreement between MM Proton I Investors, LLC and Borrower Profit Participant, at which time Borrower Managing Member shall mean such Person designated by Borrower Profit Participant as specified in a notice from Borrower Profit Participant to the Administrative Agent.
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Borrower Managing Member means Acadia Realty Acquisition IV LLC, and any successor thereto permitted under this Credit Agreement.
Sample 1
Borrower Managing Member means Grand Canal Shops Mall MM Subsidiary, Inc., a Nevada corporation. "BUDGETED ANNUAL CAPITAL EXPENDITURE AMOUNT" means, with respect to any Fiscal Year, (i) the aggregate anticipated cost of Capital Expenditures for such Fiscal Year as set forth in the Approved Annual Budget, or (ii) such greater amount as shall equal the actual cost of Borrower's Capital Expenditures for such Fiscal Year; PROVIDED that such greater amount may in no event exceed 105% of the amount specified in clause (i), with no individual budget line item exceeding 110% of the amount set forth in the Approved Annual Budget with respect to such line item, in each case without the prior written consent of Lender, not to be unreasonably withheld or delayed, PROVIDED, HOWEVER, that no such limitation shall apply, nor shall Lender's consent be required, in respect of any Non-Discretionary Items.
Sample 1

Examples of Borrower Managing Member in a sentence

  • Nothing contained in this Section 14.19 or in any of the other provisions of the Loan Documents shall be construed to limit, restrict, or impede the obligations, the liabilities, and indebtedness of Borrower, or of any Investor to make its Capital Contributions to Borrower, Managing Member, Guarantor or Pledgor, in accordance with the terms of the Operating Agreement, Partnership Agreement or the Stockholders Agreement, as applicable, or pursuant to the terms of such Investor’s Investor Letter.

  • An opinion of counsel to Borrower, Managing Member and Guarantor addressing such issues as Lender may reasonably request, in form and substance satisfactory to Lender.

  • Each of Borrower, Managing Member and the REIT shall do or cause to be done all things necessary to preserve, renew and keep in full force and effect its existence, rights, licenses, permits and franchises and comply with all Legal Requirements applicable to it and the Property.

  • Borrower shall give prompt notice to Lender of any litigation or governmental proceedings pending or threatened in writing against Borrower, Managing Member or any Guarantor which could reasonably be expected to materially adversely affect the Property or Borrower’s, Managing Member’s or such Guarantor’s condition (financial or otherwise) or business (including Borrower’s ability to perform its Obligations hereunder or under the other Loan Documents).

  • Certificates of good standing or existence for Borrower and Borrower Managing Member issued as of a recent date by its state of organization and by the state in which the Property is located.

  • None of the Borrower, Managing Member, the Property Owner, the Guarantor or any of the other Additional Pledgors is a party to any mortgage, indenture, contract, agreement or other instrument that has or is expected, in the judgment of the members or officers of such Person, to have any materially adverse effect on the business, assets or financial condition of any of them.

  • A similar approach was taken by Ouellet and Bouchard (2018) in their study on the Toronto 18 terrorist network.

  • Certified copies of the certificate of formation and the operating agreement of Borrower and the certificate of incorporation and by-laws of Borrower Managing Member, in each case together with all amendments thereto.

  • Promptly, such other information respecting the condition or operations, financial or otherwise, of Borrower, Managing Member or Acadia Investors II as Administrative Agent may from time to time reasonably request.

  • Neither the Property Owner, the Borrower, Managing Member nor Holding Company Managing Member has any Subsidiaries, other than those which own their respective interests in the Property Owner.

Related to Borrower Managing Member

  • 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.

  • Non-Managing Member means any Member other than the Managing Member.

  • Public Side Lender Representatives means, with respect to any Lender, representatives of such Lender that do not wish to receive MNPI.

  • Authorized Borrower Representative means a person at the time designated and authorized to act on behalf of the Borrower by a written certificate furnished to the Governmental Lender, the Funding Lender, the Fiscal Agent and the Servicer and containing the specimen signature of such person and signed on behalf of the Borrower by its Borrower Controlling Entity which certificate may designate one or more alternates.

  • Managing General Partner means the managing general partner of the Merging Entity where such Merging Entity is a limited partnership.

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) [replaced by The Companies Act, 2013 (No.18 of 2013)] and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund.

  • Member Representative means an individual who can make OHP-related decisions for a member who is not able to make such decisions themselves.

  • Investment adviser representative means an individual employed by or associated with an investment adviser or federal covered investment adviser and who makes any recommendations or otherwise gives investment advice regarding securities, manages accounts or portfolios of clients, determines which recommendation or advice regarding securities should be given, provides investment advice or holds herself or himself out as providing investment advice, receives compensation to solicit, offer, or negotiate for the sale of or for selling investment advice, or supervises employees who perform any of the foregoing. The term does not include an individual who:

  • Borrower Representative has the meaning assigned to such term in Section 11.01.

  • Borrower Materials has the meaning specified in Section 6.02.

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

  • Owner Representative means that Person or Persons designated by Owner in a written notice to Contractor who shall have complete authority to act on behalf of Owner on all matters pertaining to the Work, including giving instructions and making changes in the Work. The Owner Representative as of the Contract Date is designated in Section 4.9.

  • Joint Lead Arranger means each of Xxxxx Fargo Securities, LLC, X.X. Xxxxxx Securities LLC, PNC Capital Markets, LLC and RBS Securities Inc. and their respective successors, in their capacity as joint lead arrangers and joint bookrunners.

  • Manager-managed limited liability company means a limited liability company that is managed by

  • Lender Group Representatives has the meaning specified therefor in Section 17.9 of the Agreement.

  • Canadian Investment Manager designation means the designation earned through the Canadian investment manager program prepared and administered by CSI Global Education Inc. and so named on the day this Instrument comes into force, and every program that preceded that program, or succeeded that program, that does not have a significantly reduced scope and content when compared to the scope and content of the first-mentioned program;

  • Lead Member shall, in the case of a joint venture, mean the member of such joint venture who shall have the authority to bind the contractor and each member of the Joint venture; and shall be deemed to be the Contractor for the purposes of this Agreement; the Lead Member shall itself undertake and perform at least 51% (fifty one per cent) of the total length of the Project Highway;

  • L/C Issuer means Bank of America in its capacity as issuer of Letters of Credit hereunder, or any successor issuer of Letters of Credit hereunder.

  • Lead Borrower has the meaning assigned to such term in the preamble of this Agreement.

  • Managing Partner means Geodyne Production Company, a Delaware corporation, and any other Person admitted as additional or Substituted Managing Partner pursuant to Article Six of this Agreement.

  • Member-managed limited liability company means a limited liability company that is not a manager-managed limited liability company.

  • Private Side Lender Representatives means, with respect to any Lender, representatives of such Lender that are not Public Side Lender Representatives.

  • Companion Loan Holder Representative With respect to each Serviced Companion Loan, any representative appointed by the related Companion Loan Holder.

  • Lenders’ Representative means the person duly authorised by the Senior Lenders to act for and on behalf of the Senior Lenders with regard to matters arising out of or in relation to this Agreement, and includes his successors, assigns and substitutes;

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) replaced by The Companies Act, 2013 (No. 18 of 2013) and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund;

  • Joint Lead Arrangers shall have the meaning assigned to such term in the introductory paragraph of this Agreement.