Lessor Managing Member definition

Lessor Managing Member means the bankruptcy-remote special purpose vehicle and wholly-owned subsidiary of the Borrower that is the managing member of a Lessor Partnership.
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Examples of Lessor Managing Member in a sentence

  • The Borrower shall, or shall cause, all Actual Net Cash Flows paid to the Borrower by a Partnership Managing Member, Lessor Managing Member or Lessor of a Subject Fund to be deposited in the Revenue Account.

  • The Borrower shall cause each Partnership Managing Member, Lessor Managing Member or Lessor of a Subject Fund to promptly distribute cash flows as per the requirements, and in accordance with, the distribution allocation of the Subject Fund; provided, that delays in distributions of any Excluded Revenues shall not be a breach of this Section 5.14.

  • All manufacturer warranties relating to the related Customer Agreement and the related PV System are in full force and effect and can be enforced by the Partnership Managing Member, Lessor Managing Member, Lessor or Lessee, as applicable (other than with respect to those manufacturer warranties that are no longer being honored by the relevant manufacturer with respect to all customers generally).

  • Enter into, or allow a Funded Subsidiary to enter into, any agreement, instrument or other undertaking (except for the Operative Documents) that restricts the ability of any Partnership Managing Member, Lessor Managing Member or Lessor of a Subject Fund to make any dividend or other distribution of Actual Net Cash Flows with respect to such Equity Interests.

  • The Borrower shall, or shall cause, all Actual Net Cash Flows paid to the Borrower by a Partnership, Partnership Managing Member, Lessor Managing Member or Lessor Partnership to be deposited in the Revenue Account.

  • Partnership Managing Member / Lessor Managing Member Equity Interests Owned as of date related Partnership or Lessor Partnership becomes a Subject Fund [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] Schedule 1.1(B) [***] Confidential treatment has been requested for the bracketed portions.

  • Sell, lease, assign, transfer or otherwise dispose of, or allow a Funded Subsidiary to sell, lease, assign, transfer or otherwise dispose of, Assets (including any portion of any Equity Interest owned by the Borrower, a Lessor Managing Member, or a Partnership Managing Member of any Funded Subsidiary), whether now owned or hereafter acquired except: [***] Confidential treatment has been requested for the bracketed portions.

  • Partnership Managing Member / Lessor Managing Member / Borrower Subsidiary (Other Non-Financed Structure) Equity Interests Owned as of date related Partnership or Lessor Partnership becomes a Subject Fund [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] Schedule 1.1(B) [***] Confidential treatment has been requested for the bracketed portions.