New Sponsor definition

New Sponsor means any person to whom Silverpoint or Oaktree assigns or transfers all or part of its indirect beneficial interest in the shares or other equity interests of SCIH in accordance with the Shareholders’ Agreement.

New Sponsor means any entity or group of entities with committed capital or assets under management in excess of $1,000,000,000 or otherwise reasonably acceptable to the Required Lenders, in either case, together with any co-investors.

New Sponsor means the Purchaser, its Affiliates and any funds, partnerships or other co-investment vehicles managed, advised or controlled by the foregoing or their respective Affiliates (other than Holdings, Borrower or Subsidiaries or any other portfolio company).

Examples of New Sponsor in a sentence

• This Agreement has been duly executed and delivered by the New Sponsor and constitutes the legal, valid and binding obligation of the New Sponsor, enforceable against it in accordance with the terms hereof.

• It has full power and authority to execute and deliver this Agreement and the execution, delivery and performance of this Agreement by the New Sponsor has been duly authorized by all necessary action on behalf of the New Sponsor.

• MBKP and Horizon shall involve, in good faith, the Baring Funds, Redstone and any New Sponsor (as defined below) in any activities relating to the Debt Financing in connection with the Merger.

• This Agreement shall terminate automatically if and when the Share Purchase Agreement dated as of the date hereof by and between the New Sponsor and Xxxxxx SDG Investment Limited, a British Virgin Islands corporation is terminated pursuant to the terms thereof.

• The Sponsor will defend, indemnify and hold harmless SDSU and its employees, administrators, faculty, students, independent contractors and agents from and against any and all costs, liabilities, damages, and expenses, including, without limitation, attorneys’ fees, arising from any claims, damages, and liabilities asserted by third parties arising from this Agreement or the Service performed under this Agreement, and/or Service Products, New Sponsor Proprietary Property, and/or Inventions, if any.

More Definitions of New Sponsor

New Sponsor shall have the meaning provided in the definition of the term “Permitted Holders”.

New Sponsor is defined in the definition of "Permitted Sale"

New Sponsor means American Securities, LLC and its Control Investment Affiliates

New Sponsor means any private equity fund, similar investment fund or sovereign wealth fund, or consortium of private equity funds, similar investment funds or sovereign wealth funds acting in concert that (a) (i) (in the case of each such fund other than a sovereign wealth fund) invests, as a substantial part of its business, in companies and (ii) in the aggregate, together with their affiliated funds, have committed capital and/or assets under management in excess of $1,000,000,000 as of the Permitted Change of Control Effective Date and (b) (i) does not operate in a country subject of Sanctions in a manner that would violate Sanctions applicable to any party to this Agreement, (ii) is not, and, to its knowledge, not affiliated with, a Person that is the subject of Sanctions or (ii) does not have its principal place of business outside of the US, Canada, the EU, UK or Switzerland.

New Sponsor. COMPLEX ZENITH LIMITED By: /s/ Shih-Cxxxx Xxxx Name: Shih-Cxxxx Xxxx Title: Director

New Sponsor means any private equity fund, similar investment fund or sovereign wealth fund, or consortium of private equity funds, similar investment funds or sovereign wealth funds acting in concert that (i) (in the case of each such fund other than a sovereign wealth fund) invests, as a substantial part of its business, in companies that are not, at the time of investment, in financial distress, as determined by the Parent Borrower in good faith, (ii) in the aggregate, together with their affiliated funds, have committed capital and/or assets under management in excess of $1,000,000,000 as of the Permitted Change of Control Effective Date and (iii) consummates a Permitted Change of Control (the date of such consummation, the “Permitted Change of Control Effective Date”).

New Sponsor means, Versity Invest, LLC, a Delaware limited liability company.