Financial Party definition

Financial Party means a private equity fund or other financial sponsor, asset management firm, sovereign wealth fund, hedge fund, pooled investment vehicle, publicly-listed special purpose acquisition company, bank or financial institution (or any one or more investment vehicles managed or otherwise controlled by such entities); provided that “Financial Party” shall not include any person that is engaged in, or has an affiliate that is engaged in, a Specified Business.
View Source
Financial Party and collectively, "Financial Parties" means Borrower and any Scheduled Affiliate.
View Source
Financial Party means a private equity firm, investment fund, pension fund or venture capital fund that in each case does not, directly or indirectly, except through a passive investment interest, operate a business other than the investment or portfolio management business including any venture capital arm of a pharmaceutical or biotechnology company or group provided that such venture capital arm of a pharmaceutical or biotechnology company or group has implemented and continues to maintain and comply with written procedures to prevent disclosure to and use by those parts of the pharmaceutical or biotechnology company or group which are active in the research, development, manufacture or commercialization of Pharmaceutical Products of: (a) Collaboration Product Clinical Study Data, (b) the GDP (other than a high level summary of status and results), (c) the Neoepitope Prediction Algorithm, (d) any Confidential Information of Genentech, or (e) Genentech Know-How.
View Source

Examples of Financial Party in a sentence

  • The Issuer, each Financial Party and each other party identified or described in the Purchase Agreement or the Further Transfer and Servicing Agreements as having an interest as owner, trustee or secured party with respect to the Purchased Property.

  • In connection with any such assignment to any Financial Party, Guarantor agrees to execute and deliver the agreement attached hereto as Exhibit 2.

  • The Issuer and each other party identified or described in the Purchase Agreement or the Further Transfer and Servicing Agreements as having an interest as owner, trustee, secured party or Financial Party with respect to the Purchased Property.

  • The Issuer, the Investors, each Financial Party and each other party identified or described in the Purchase Agreement or the Further Transfer and Servicing Agreements as having an interest as owner, trustee or secured party with respect to the Purchased Property.

  • Alternatively, upon the occurrence of an Event of Default or in the event a Blocked Account is not created as provided above, Agent may establish depository accounts ("Depository Accounts") in the name of Agent at a bank or banks for the deposit for such funds and Borrower shall and shall cause each Financial Party to deposit all proceeds of Receivables or cause same to be deposited, in kind, in such Depository Accounts of Agent in lieu of depositing same to the Blocked Accounts.

  • All funds deposited in such "blocked account" shall immediately become the property of Agent and the Borrower shall and shall cause each Financial Party to obtain the agreement by such bank to waive any offset rights against the fund so deposited.

  • Borrower shall and shall cause each Financial Party to issue to any such bank an irrevocable letter of instruction directing said bank to transfer such funds so deposited to Agent, either to any account maintained by Agent at said bank or by wire transfer to appropriate account(s) of Agent.

  • Except for any financial adviser or investment banker whose fee will be paid by the party retaining such adviser or banker (or in the case of a Concessionaire Financial Party, by such party or the Concessionaire), each party represents and warrants that it has not dealt with any real estate or business opportunity broker or agent or any finder in connection with this Agreement.

  • All proceeds of Collateral shall, at the direction of Agent, be deposited by each Financial Party into a lockbox account, dominion account or such other "blocked account" ("Blocked Accounts") as Agent may require pursuant to an arrangement with such bank as may be selected by Borrower and be reasonably acceptable to Agent.

  • Borrower will not nor will any other Financial Party directly or indirectly, prepay any Indebtedness for borrowed money (other than to Agent), or repurchase, redeem, retire or otherwise acquire any of their indebtedness; provided, however, Borrower and any Financial Party may make any such prepayment, repurchase, redemption or retirement if at the time of and after giving effect to such payment there shall not have occurred an Event of Default or Incipient Event of Default.


More Definitions of Financial Party

Financial Party means each of the Company and the Guarantors, on an individual basis.
View Source
Financial Party the meaning specified in the Stockholders Agreement.
View Source
Financial Party means individually RCRRA and WCRRA.
View Source

Related to Financial Party

  • Financial Parties The Noteholders and the Certificateholders.

  • Financial Counterparty shall have the meaning given in subsection 2.3.1 of this Agreement.

  • financial entity means the following entities which meet such criteria or conditions as the Central Government may, in consultation with the financial sector regulator, notify in this behalf, namely:

  • Financial literacy means personal financial planning and education.

  • financial group means a group that consists of a legal person or legal arrangement exercising control and coordinating functions over the rest of the group for the application of group supervision under the Core Principles, and its branches and subsidiaries that are financial institutions as defined in section 27A(6) of the MAS Act or the equivalent financial institutions outside Singapore;