Knowledgeable Employee definition

Knowledgeable Employee. The meaning set forth in Rule 3c-5(a)(4) promulgated under the 1940 Act.

Knowledgeable Employee means a “knowledgeable employee” with respect to the Issuer within the meaning of Rule 3c-5 under the Investment Company Act.

Knowledgeable Employee. The meaning specified in Rule 3c-5 under the Investment Company Act.

Examples of Knowledgeable Employee in a sentence

• Consequently the minimum subscription will be the amount prescribed by the Central Bank from time to time and which, at the date of this Instrument of Incorporation, is€100,000 or its equivalent amount in any other currencies (other than the case of Knowledgeable Employee).

• Any Person that, at the time of its acquisition, purported acquisition or proposed acquisition of Subordinated Notes is both (a) an Accredited Investor and (b) a Qualified Purchaser or a Knowledgeable Employee with respect to the Issuer or an entity owned exclusively by Qualified Purchasers and/or Knowledgeable Employees.

• Any Person that, at the time of its acquisition, purported acquisition or proposed acquisition of Notes is both (x) an Accredited Investor and (y) a Knowledgeable Employee.

• The Committee may prevent a Participant from directing an investment to an Investment Fund in order to comply with applicable securities laws if the Participant is not a Qualified Purchaser, Knowledgeable Employee or otherwise permitted to direct an investment to an Investment Fund under the Plan.

• Except as otherwise indicated to the General Partner in writing, such Partner is a “Knowledgeable Employee,” as such term is defined in Rule 3c-5 under the Investment Company Act of 1940, as amended, unless such Partner has notified the Partnership in writing prior to such Partner’s admission to the Partnership as a partner that such Partner is not a Knowledgeable Employee.

More Definitions of Knowledgeable Employee

Knowledgeable Employee means an investor who has satisfied the following conditions:

Knowledgeable Employee means an investor who is:-

Knowledgeable Employee means any natural person who is a Covered Person of Atlantic who in connection with his or her regular functions or duties (other than a Covered Person performing solely clerical, secretarial or administrative functions with regard to Atlantic or its investments), participates in the investment activities of Atlantic, provided that such Covered Person has been performing such functions and duties for or on behalf of Atlantic for at least 12 months.

Knowledgeable Employee means any "knowledgeable employee," as defined in Rule 3c-5 under the Investment Company Act.

Knowledgeable Employee means a "knowledgeable employee" for the purposes of Rule 3c-5 of the Investment Company Act;

Knowledgeable Employee as defined in Rule 3c-5 under the Investment Company Act. “Lien”: Any grant of a security interest in, mortgage, deed of trust, pledge, hypothecation, assignment, deposit arrangement, encumbrance, lien (statutory or other), preference, priority or other security agreement or preferential arrangement of any kind or nature whatsoever, including, without limitation, any conditional sale or other title retention agreement, and any financing lease having substantially the same economic effect as any of the foregoing (including any UCC financing statement or any similar instrument filed against a Person’s assets or properties). “Limited Liability Company Agreement”: The Issuer’s limited liability company agreement, as may be amended from time to time. “Listed Debt”: Each Class of Debt specified as such in Section 2.3. “Loan”: Any obligation for the payment or repayment of borrowed money that is documented by a term loan agreement, revolving loan agreement or other similar credit agreement. “Loan Agent”: U.S. Bank Trust Company, National Association, as loan agent under the Class A-L Loan Agreement, and any successor thereto. “Loan Register”: The register of Holders of the Class A-L Loans maintained by the Loan Agent pursuant to the Class A-L Loan Agreement and provided to the Trustee. “Loan Registrar”: U.S. Bank Trust Company, National Association, as loan registrar under the Class A-L Loan Agreement, and any successor thereto. “Long Dated Obligation”: A Collateral Obligation, the stated maturity date of which is extended to occur after the Stated Maturity pursuant to an amendment or modification of its terms following its acquisition by the Issuer; provided that in determining the scheduled distributions on any Collateral Obligation occurring after the Stated Maturity of the Secured Debt, such Collateral Obligation will be deemed to have a maturity and amortization schedule based on zero unscheduled prepayments. “LSTA”: The Loan Syndications and Trading Association®. “Maintenance Covenant”: A covenant by any borrower to comply with one or more financial covenants (including without limitation any covenant relating to a borrowing base, asset valuation or similar asset-based requirement) during each reporting period, whether or not such borrower has taken any specified action; provided that a covenant which otherwise satisfies the definition hereof but only applies when amounts are outstanding under the related loan shall constitute a Maintenance Covenant.

Knowledgeable Employee shall include (a) any executive officer (which includes the president, any vice president in charge of a principal business unit, division or function (such as administration or finance), any other officer who performs a policy-making function, or any other person who performs similar policy-making functions, for the Fund, Oaktree or the Partnership), director, trustee, general partner, managing member, advisory board member, or person serving in a similar capacity, of the Fund, Oaktree or the Partnership or (b) any employee of the Fund, Oaktree or the Partnership (other than an employee performing solely clerical, secretarial or administrative functions with regard to such entity or its investments) who, in connection with such employee’s regular functions or duties, participates in the investment activities of the Fund, other companies that would be investment companies but for the exclusion provided by section 3(c)(1) or section 3(c)(7) of the Investment Company Act, or investment companies the investment activities of which are managed by Oaktree, provided that such employee has been performing such functions and duties for or on behalf of the Fund, Oaktree or the Partnership, or substantially similar functions or duties for or on behalf of another entity, for at least 12 months.