Examples of Fund LLC Agreement in a sentence
The Issuer will make such determination, and if it determines to do so, will exercise, or cause the applicable Managing Member to exercise, such Purchase Option, within the applicable Purchase Option Period in accordance with the terms and conditions of the applicable Financing Fund LLC Agreement.
The Issuer shall not permit any other Financing Fund Document to be amended in a manner adverse to the Noteholders without the prior written consent of the Required Noteholders; provided that, to the extent the applicable Tax Equity Investor Members are no longer members under any Financing Fund LLC Agreement, the Issuer shall amend and restate such Financing Fund LLC Agreement in form and substance reasonably acceptable to the Required Noteholders.
The Issuer shall not permit any Financing Fund LLC Agreement or Managing Member LLC Agreement to be amended in any material respect without the prior written consent of the Required Noteholders.
An Early Amortization Period of the type described in clause (iv) shall continue until all insurance required to be maintained by any Financing Fund LLC Agreement is in effect.
The books of the Issuer, each Managing Member and each Financing Fund may be kept (subject to any provision contained in the applicable statutes) inside or outside the State of Delaware at such place or places as may be designated from time to time by the Issuer Operating Agreement, the applicable Managing Member LLC Agreement or the applicable Financing Fund LLC Agreement, as applicable.
The Members acknowledge that, under the Fund LLC Agreement, the Company may have the right to make loans (or advances pursuant to Section 5.3 of the Fund LLC Agreement) from time to time ("Voluntary Loans") to the Fund in order to meet cash needs of the Fund.
In the event that you breach any of the Company rules of conduct or if your behaviour is otherwise considered by the Company to be unsatisfactory you may be subject to the Company’s disciplinary procedure.
Pioneer shall also be responsible for causing the Company to deliver to the members of the Fund, to the shareholders, partners or other participants in or of any Subsidiaries, and to the Persons entitled to the delivery of financial statements under the Financing Documents, all financial statements (whether annual, quarterly, special or otherwise) required to be delivered to such Persons under the Fund LLC Agreement, the governing documents of such Subsidiaries and/or the Financing Documents.
With respect to all amounts distributed by the Fund to the Company under Sections 6.3(a)(iii), (iv)(B) and (v)(B) of the Fund LLC Agreement (collectively, the "Carry"), the Company shall retain a portion thereof to be paid to employees of the Company (such portion to be determined and distributed by Pioneer in its sole discretion), and the balance thereof shall be distributed to Pioneer.
The Company shall establish an investment committee for the Fund (the "Investment Committee") in accordance with the terms of the Fund LLC Agreement.