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.
Sample 1Sample 2Sample 3
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

  • In basing the opinions set forth in this opinion on “our knowledge,” the words “our knowledge” signify that, in the course of our representation of Borrower, Managing Member andIndividual Indemnitors, no facts have come to our attention that would give us actual knowledge or actual notice that any such opinions or other matters are not accurate.

  • Further, the words “our knowledge” as used in this opinion are intended to be limited to the actual knowledge of the attorneys within our firm who have been directly involved in representing Borrower, Managing Member or Individual Indemnitors in any capacity, including but not limited to, in connection with the Loan.

  • 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.

  • Encourage] [Knowledge] transfer as a two-way relationship (or talk about two-way communication).

  • 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).

  • OWL-S evolved from DAML-S and is now the basis for SWSL, or the Semantic Web Services Language[13].in the directory as one who can dissambiguate the request should the agent find them ambiguous.To allow agents and human users to interoperate on the fly with other agents or human users, they first need to be registered in the UDDI directory.

  • Thus, results of both measurement tech- niques show significant increase of GR concentration as a consequence of acute ADX.We have shown (Fig.

  • A certified copy of the resolutions of its board of directors of Borrower Managing Member approving and adopting the Loan Documents to be executed by Borrower and authorizing the execution and delivery thereof.

  • There was an overspend of £50k in the Libraries Operational Development which resulted primarily from Lewisham’s agreed contribution to London Libraries Consortium (LLC) for the implementation of the new Libraries Services platform.

  • 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.

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 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.

  • 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 has the meaning set forth in the Preamble.

  • 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 as defined in the preamble hereto.

  • General Partner Loan shall have the meaning set forth in Section 4.3.B.

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

  • 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 KKR Management LLC, a Delaware 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;