Investment Memo definition

Investment Memo has the meaning given in Section 4.06.
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Investment Memo means, as to a Covered Asset, the Borrower’s memorandum delivered to its internal investment committee or similar committee in connection with obtaining internal approval for investment in such Covered Asset prepared in accordance with the Borrower’s underwriting standards in accordance with past practice, without any modification, deletion or redaction to such memorandum as to the Borrower’s determination of value as to such Covered Asset (it being understood that Borrower may make non-material redactions as to competitor-specific information therein). “Lien” means, with respect to any asset, any mortgage, lien, pledge, charge, security interest or encumbrance of any kind, or any other type of preferential arrangement, in each case that has the effect of creating a security interest in respect of such asset. For the purposes of this Agreement, the Borrower or any Consolidated Subsidiary shall be deemed to own subject to a Lien any asset which it has acquired or holds subject to the interest of a vendor or lessor under any conditional sale agreement, capital lease or other title retention agreement relating to such asset. “Limited Term Credit Tenant Lease Asset” means a Credit Tenant Lease Asset that is a Borrowing Base Asset and for which the weighted average remaining lease term is greater than five (5) years but less than eight (8) years from the date such Credit Tenant Lease Asset is added. “Loan” means the Revolving Loans until such time that such Loans are converted into Term Loans pursuant to Section 2.2 and Section 3.3 and the Term Loans. “Loan Assets” means senior or subordinated loans that may be either fixed or variable rate, including, without limitation, first mortgages, second mortgages, mezzanine loans, repurchase agreements, participations in loans, interim facilities, corporate loans, debt securities, “B” notes and collateralized mortgage-backed securities. “Loan Documents” means this Agreement, any Notes and each Collateral Document. “Look-Through LTV” means, as to any Loan Asset as of any determination date, the ratio of (x) the sum of the principal amount of such Loan Asset (including all capitalized interest) plus the - 18-
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Examples of Investment Memo in a sentence

  • Our rights to fees in respect of any given investment will be as set forth in the relevant Investment Memo or Online Dealroom associated with that Investee Entity.

  • Such Follow-on Investment Memo shall include (a) the name of the portfolio company, (b) the most recent financial data for the company, (c) the rationale for the Follow-on Investment, (d) the amount and terms of the proposed Follow-on Investment, (e) an update to the other information provided pursuant to subparagraph (ii), and (f) any other information reasonably requested by the Limited Partners.

  • Number Value: 13,414 Year: 2021 Source: Annual MoL Transaction Volume Report Value: 27,500 Year: CED Source: Investment Memo CBA Yes Result Indicator Definition Unit Baseline Compact Target ITT Indicator (Y/N) All Activities Increased investment in land Investment in land increased The manner in which this indicator will be calculated as well as the timing of data collection (incl.

  • The Borrower Representative will use commercially reasonable efforts to keep the Administrative Agent informed as to the timing of the delivery of the Final Investment Memo and to provide Administrative Agent with as much advance notice as is reasonably possible regarding the timing of the delivery of the Final Investment Memo to facilitate the Administrative Agent’s approval process.

Related to Investment Memo

  • Private Placement Memorandum means offering materials prepared in accordance with Section 4 (including materials referred to therein or incorporated by reference therein, if any) provided to purchasers and prospective purchasers of the Notes, and shall include amendments and supplements thereto which may be prepared from time to time in accordance with this Agreement (other than any amendment or supplement that has been completely superseded by a later amendment or supplement).

  • Investment Strategy means the investment strategy specified for the ETP Securities in the Final Terms.

  • Investment Client means (i) any investment company registered as such under the Investment Company Act, any series thereof, or any component of such series for which the Adviser acts as investment adviser; or (ii) any private account for which the Adviser acts as investment adviser.

  • Management Members shall have the meaning set forth in the introductory paragraph of this Agreement.

  • Student Member means the member of ICCB who has been selected by ICCB's Student Advisory Committee. The student member has all the privileges of membership defined in Section 2-3 of the Act.