Distressed Fund definition

Distressed Fund means a fund, a material part of whose investment strategy includes purchasing debt for the primary purpose of actively managing that debt holding to obtain ownership of equity in the relevant borrower(s) and/or to exploit holdout or blocking positions, provided that any Affiliate or Related Fund that is managed or controlled independently and/or is subject to an information barrier from such fund shall not be a Distressed Fund.
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Distressed Fund means an investment fund that invests primarily (whether through equity or debt investments) in financially-distressed companies and companies in bankruptcy.
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Distressed Fund means a fund or other entity whose principal investment strategy or material activity is:
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Examples of Distressed Fund in a sentence

  • Franklin ▇▇▇▇▇▇▇▇▇ Series II Funds - Franklin Floating Rate II Fund Franklin Floating Rate Master Trust - Franklin Floating Rate Master Series Franklin Investors Securities Trust - Franklin Floating Rate Daily Access Fund FT Opportunistic Distressed Fund, Ltd.

  • Golden Tree Distressed Fund 2014 LP Golden Tree E Distressed Debt Master Fund II LP Golden Tree E Distressed Debt Fund II LP Golden Tree Entrust Master Fund SPC on behalf of and for the account of Segregated Portfolio I Golden Tree Master Fund, Ltd.

  • By GoldenTree NJ Distressed Fund 2015 LP Legal Name of Entity By: GoldenTree Asset Management, LP By: /s/ ▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇ Title: Director Address: ▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇ State/Country of Domicile or Formation: United States Purchase Price at US$4.50 per share: The offer to purchase Securities as set forth above is confirmed and accepted by the Company as to 360,132 shares of Common Stock.

  • Cetus Capital II, LLC ▇▇▇▇▇▇▇▇▇▇ Opportunities Master Fund LP SG Distressed Fund, LP as Term Loan Consenting Lenders By: /s/ ▇▇▇▇▇▇ ▇.

  • P▇▇▇▇ ▇▇▇▇▇ Name: P▇▇▇▇ ▇▇▇▇▇ Title: PM Penn Distressed Fund, LP By: /s/ J.

  • Highland serves as administrator of Highland Distressed Fund, Inc.

  • By: /s/ ▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Financial Officer The Selling Shareholders named in Schedule I hereto, acting severally GoldenTree Distressed Fund 2014 LP By: GoldenTree Asset Management LP, its investment manager By: GoldenTree Asset Management LLC, its General Partner By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Authorized Signatory GoldenTree Distressed Master Fund 2014 Ltd.

  • GN3 SIP Limited GN3 SIP L.P. Golden Tree Insurance Fund Series Interests of the ▇▇▇! Multi-Series Fund, L.P. Golden Tree NJ Distressed Fund 2015 LP GT NM, L.P. Louisiana State Employees Retirement System Gold Coast Capital Subsidiary X Limited Golden Tree High Yield Value Master Unit Trust MA Multi-Sector Opportunistic Fund, LP Golden Tree Multi-Sector Master Fund I CAV- Golden Tree Multi-Sector Master Fund Portfolio A Century Link, Inc.

Related to Distressed Fund

  • Distressed Person has the meaning set forth in the definition of “Lender-Related Distress Event.”

  • Distressed means satisfying the criteria applicable to a locality described in subdivision E 2 of

  • Pooled Fund means any pooled fund established and maintained by the Partners as a pooled fund in accordance with the Regulations Pooled Fund Manager means such officer of the Host Partner which includes a Section 113 Officer for the relevant Pooled Fund established under an Individual Scheme as is nominated by the Host Partner from time to time to manage the Pooled Fund in accordance with Clause 8.2. Provider means a provider of any Services commissioned under the arrangements set out in this Agreement.

  • Related Fund means, with respect to any Lender that is an investment fund, any other investment fund that invests in commercial loans and that is managed or advised by the same investment advisor as such Lender or by an Affiliate of such investment advisor.

  • Distressed Mortgage Loan Any Mortgage Loan that at the date of determination is Delinquent in payment for a period of 90 days or more without giving effect to any grace period permitted by the related Mortgage Note or for which the applicable Servicer or the Trustee has accepted a deed in lieu of foreclosure.