Pegasus Funds definition
Examples of Pegasus Funds in a sentence
The names "Pegasus Funds" and "Trustees of Pegasus Funds" refer, respectively, to the trust created and the trustees, as trustees but not individually or personally, acting from time to time under a Declaration of Trust dated April 21, 1987, as amended, which is hereby referred to and a copy of which is on file at the office of the State Secretary of the Commonwealth of Massachusetts and at the principal office of the Trust.
BGST shall deliver to the Shareholder and Pegasus Funds LLC (or its Permitted Assignees) stock certificates representing the New Shares required to be issued to each shareholder in accordance with this Agreement.
As set forth in Annex B, Pegasus Funds LLC shall have the right to designate the 2,095 shares of BGST Preferred Stock issuable upon conversion of its Series A Super Voting Preferred Stock to Pegasus Funds LLC and/or its designated affiliates (the “Permitted Assignees”), upon execution and delivery by each Permitted Assignee of an assignment in the form of Annex C hereto.
Each Lender acknowledges the potential conflict of interest between GE Capital as a Lender holding disproportionate interests in the Loans, GE Capital as a stockholder or warrant holder of Borrower, GE Capital as an investor in each of the Pegasus Funds and GE Capital as Agent.
The closing (the “Closing”) of the transactions contemplated herewith (the “Transactions”) shall take place at the offices of Pegasus Funds, LLC in Dallas, Texas, commencing 9:00 a.m. local time on the day of the satisfaction or waiver of all conditions to the obligations of the Parties to consummate the Transactions (other than conditions with respect to actions that the respective parties will take at Closing) or such other date and time as the Parties may mutually determine (the “Closing Date”).
GE Capital has also received warrants from Borrower and is an investor in each of the Pegasus Funds.
The Pegasus Litigation Guaranty shall be effective in accordance with its terms, and shall be valid and enforceable severally against the Pegasus Funds in an amount not less than the proposed aggregate face amount of the Litigation L/C and neither Pegasus Fund shall be in default or breach of any term or condition of the Pegasus Litigation Guaranty.
As set forth in Annex B, Pegasus Funds LLC shall have the right to designate the 2,138,617 shares of KPCG Common Stock issuable upon conversion of its Series A Super Voting Preferred Stock to Pegasus Funds LLC and/or its designated affiliates (the "Permitted Assignees"), upon execution and delivery by each Permitted Assignee of an assignment in the form of Annex C hereto.
The names "Pegasus Funds" and "Trustees of Pegasus Funds" refer, respectively, to the business trust created and the trustees, as trustees but not individually or personally, acting from time to time under an Amended and Restated Declaration of Trust dated as of May 1, 1992, to which reference is hereby made and a copy of which is on file at the office of the Secretary of the Commonwealth of Massachusetts and elsewhere as required by law, and to any and all amendments thereto so filed or hereafter filed.
The names "Pegasus Funds" and "Trustees of Pegasus Funds" refer, respectively, to the business trust created and the trustees, as trustees but not individually or personally, acting from time to time under an Amended and Restated Declaration of Trust dated as of May 1, 1992,.