Examples of DLJMB Parties in a sentence
The DLJMB Parties and the Morgans Parties are currently discussing the treatment of such letter of credit for purposes of the parties' percentage interests in the Registrant.
DLJMB IV HRH posted a letter of credit on behalf of the DLJMB Parties to the lenders under the CMBS facility in the amount of approximately $110.0 million to postpone an amortization payment due under the CMBS facility to August 2, 2008.
DLJMBP IV and DLJMB VoteCo (the "DLJMB Parties") and Morgans Hotel Group Co., a Delaware corporation, and Morgans Group LLC, a Delaware limited liability company (the "Morgans Parties"), have entered into an Amended and Restated Limited Liability Company Agreement of the Registrant (the "JV Agreement"), which governs their relationship as members of the Registrant.
The phrase “good faith” has been used interchangeably with the phrases “honestly” and “bona fide”, the latter being the Latin equivalent of the phrase “good faith”.
A) Basis of related partytransactions49(IVA)Yes-(B) Disclosure of AccountingTreatment49(IVB)NA-(C) Board Disclosures49(IVC)Yes-(D) Proceeds from public issues,rights Issues, preferential issues etc.
Subject to the prevailing parties clause in Subsection (iii) below, the costs of the Mediation Service, the Mediator and the proceedings shall be shared equally by the DLJMB Parties, on the one hand, and the Morgans Parties, on the other hand.
No Party may transfer any Capital Shares to any Adverse Person; provided, however, that any DLJMB Party or Permitted Transferee may at any time transfer any or all of its Capital Shares to one or more Permitted Transferees or other DLJMB Parties.
The percentage of the Interest such DLJ UTH shall be deemed to Transfer shall be determined by multiplying (i) the percentage of the equity interests in the DLJ Intermediate Subsidiary the DLJ UTH Transfers by (ii) the DLJ Intermediate Subsidiary’s percentage interest in the DLJMB Parties by (iii) the aggregate Percentage Interest held by such DLJMB Parties.
From time to time, each of the DLJMB Parties and Morgans shall provide financial information regarding its Net Worth or Net Assets, as applicable, and Effective Liquidity, to the other Party promptly upon written request.
The DLJMB Parties shall provide the Morgans Parties written notice of the termination of an Approved Sale within five (5) Business Days following such termination, which notice shall state that the Approved Sale Notice served with respect to such Approved Sale is rescinded.