DLJMB Parties definition

DLJMB Parties shall have the meaning set forth in Section 9.4 hereof.
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DLJMB Parties means, collectively, DLJMB, DLJMB Partners, DLJMB LLC and any other Affiliate of DLJMB that becomes a Member pursuant to the terms of this Agreement after the date hereof.
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Examples of DLJMB Parties in a sentence

  • 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 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.

  • If any DLJ Fund or other equity holder in any DLJ Intermediate Subsidiary (including any DLJ Intermediate Subsidiary that Transfers equity interests of any Member, a “DLJ Upper Tier Holder” or “DLJ UTH”) Transfers the equity interests of such DLJ Intermediate Subsidiary or Member, then for purposes of this Article 9, the holder of such equity interests shall be deemed to Transfer the Interest it owns indirectly through the DLJMB Parties.

  • In the event that either Morgans or the DLJMB Parties ceases to have the applicable minimum Net Worth or Net Assets, as applicable, or Effective Liquidity as provided in the preceding sentence, such Party shall promptly, and no later than within ten (10) Business Days, deliver a written statement to the other Party notifying it of such fact and setting forth the amount of its Net Worth or Net Assets, as applicable, and Effective Liquidity.

  • 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such termination, which notice shall state that the Approved Sale Notice served with respect to such Approved Sale is rescinded.

  • 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.

  • If the DLJMB Parties and the DLJ UTHs do not exercise their Drag-Along Right with respect to any Approved Sale, the Morgans Parties shall, in addition to their rights to an election pursuant to Section 9.4(a)(iii), have the right to sell their Interests to the Third-Party Transferee on the same terms and conditions as under the sale by the DLJMB Parties and such DLJ UTHs to a Third-Party Transferee (“Tag-Along Right”), and otherwise pursuant to the terms for an Approved Sale set forth in Section 9.5(a).

  • Upon the consummation of such Approved Sale, the Morgans Parties shall receive the same form and amount of consideration for their Interests or, if an option is given as to the form or amount of consideration, the Morgans Parties shall be given the same option, and will receive such consideration at the same time as the DLJMB Parties or their Affiliates.

  • 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.

Related to DLJMB Parties

  • Investor Parties has the meaning set forth in the Preamble.

  • Parent Parties has the meaning set forth in ARTICLE V.

  • Selling Parties shall have the meaning specified in the preamble.

  • Concert Parties means such Persons as are deemed to be Acting in Concert with AbbVie pursuant to Rule 3.3 of Part A of the Takeover Rules.

  • Local Parties shall be defined as the Board or the local OSSTF/FEESO bargaining unit party to a collective agreement.

  • Partnership Parties has the meaning assigned to such term in the preamble.

  • Applicable Parties has the meaning assigned to it in Section 8.03(c).

  • Company Parties means the collective reference to Holdings and its Restricted Subsidiaries, including the Borrower, and “Company Party” means any one of them.

  • Backstop Parties means, collectively, the Initial Backstop Parties and the Additional Backstop Parties.

  • Purchaser Parties means, collectively, the Purchasers and any of their respective former, current or future directors, officers, employees, agents, general or limited partners, managers, members, stockholders, Affiliates or assignees or any former, current or future director, officer, employee, agent, general or limited partner, manager, member, stockholder, Affiliate or assignee of any of the foregoing.

  • Sponsor Parties means Sponsor, Vendor, and Utility, their respective successors and assigns, and each of their respective affiliates, agents, directors, officers, and employees.

  • Covered Parties has the meaning set forth in Section 6.7(a).

  • Buyer Parties means Buyer, its respective Affiliates and the former, current or future equity holders and Representatives of each of the foregoing.

  • Financing Parties means Parties financing the Project, pursuant to Financing Documents.

  • Bank Parties means Administrative Agent and the Banks.

  • Agent Parties has the meaning specified in Section 10.02(c).

  • Company Entities means the Company and the Company Subsidiaries.

  • Purchaser Representative means any person who satisfies all of the following conditions or who the issuer reasonably believes satisfies all of the following conditions:

  • Transaction Parties As defined in Section 5.3(o).

  • Buyer Representatives shall have the meaning set forth in Section 6.4(a).

  • Existing Stockholders means the stockholders of the Corporation immediately prior to the IPO as listed on Schedule A (including the Existing Stockholders Representative in its capacity as an Existing Stockholder) together with any Permitted Assignees.

  • Warrantors means the Founders, the Founder Holdcos and the Group Companies.

  • Seller Parties has the meaning set forth in the preamble to this Agreement.

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

  • Commitment Parties means the “Commitment Parties” as defined in the Commitment Letter.

  • Seller Representatives has the meaning set forth in Section 5.8(a).