Examples of Initial Subordinated Noteholder in a sentence
For administrative convenience any Contributions or transfers of Cash, Eligible Investments or Collateral Obligations made through one or more intermediate related entities or Affiliates of the Initial Subordinated Noteholder may instead be made on a net basis directly into the Issuer, and by bypassing such intermediate related entity or Affiliate.
In connection with the transfer of the Subordinated Notes by the Initial Subordinated Noteholder, the Collateral Manager shall notify the Trustee whether or not such transferee is an Affiliate of the Initial Subordinated Noteholder.
From time to time, the Initial Subordinated Noteholder may make Contributions or transfers of Cash, Eligible Investments or Collateral Obligations, or any combination thereof, either directly or through one or more intermediate related entities or Affiliates, to the Issuer.
For administrative convenience any Contributions or transfers of Cash, Eligible Investments or Collateral Obligations made through one or more intermediate related entities or Affiliates of the Initial Subordinated Noteholder may instead be made directly into the Issuer, and by bypassing such intermediate related entity or Affiliate.
The Issuer hereby acknowledges that so long as (i) TICC Capital is the Collateral Manager hereunder and (ii) the Initial Subordinated Noteholder (together with its Affiliates) owns and holds 100% of the Aggregate Outstanding Amount of the Subordinated Notes, the Collateral Manager shall be entitled to receive the Management Fees in accordance with the terms of Section 7.2 of the LLC Agreement.
The Group's efforts in achieving the Sustainability Performance Target may further become controversial or be criticised by activist groups or other stakeholders.