Public Affiliate definition
Public Affiliate means a Person that is a Subsidiary or Unconsolidated Affiliate of the Borrower by virtue of the Borrower’s direct or indirect ownership of publicly traded securities of such Person
Public Affiliate means any Affiliate that has public equity securities outstanding.
Public Affiliate means a Person that is a Subsidiary or Unconsolidated Affiliate of the Borrower by virtue of the Borrower’s direct or indirect ownership of publicly traded securities of such Person “Qualified Institution” means one or more banks, finance companies, insurance or other financial institutions which (A) has (or, in the case of a bank which is a subsidiary, such bank’s parent has) a rating of its senior debt obligations of not less than BBB+ by S&P or Baal by Moody’s or a comparable rating by a rating agency reasonably acceptable to the Administrative Agent and (B) has total assets in excess of Ten Billion Dollars ($10,000,000,000). “Rating Agencies” means, collectively, S&P, Moody’s and ▇▇▇▇▇. “Recipient” means the Administrative Agent, any Bank and any Fronting Bank, as applicable.
Examples of Public Affiliate in a sentence
Any Affiliate of a Purchaser (other than a Public Affiliate) and any Related Fund.
As part of that collaboration, the Legal Affiliate will act as the primary “Creative Commons Legal Project Lead” in [jurisdiction] and the Public Affiliate will act as the primary “Creative Commons Public Project Lead” in [jurisdiction] with the assistance of CC in accordance with this agreement.
More Definitions of Public Affiliate
Public Affiliate means a Person that is a Subsidiary or Unconsolidated Affiliate of the Borrower by virtue of the Borrower’s direct or indirect ownership of publicly traded securities of such Person “Qualified Institution” means one or more banks, finance companies, insurance or other financial institutions which (A) has (or, in the case of a bank which is a subsidiary, such bank’s parent has) a rating of its senior debt obligations of not less than BBB+ by S&P or Baal by Moody’s or a comparable rating by a rating agency reasonably acceptable to the Administrative Agent and (B) has total assets in excess of Ten Billion Dollars ($10,000,000,000). “Rating Agencies” means, collectively, S&P, Moody’s and ▇▇▇▇▇. “Recipient” means the Administrative Agent and any Bank, as applicable. “Recourse” means, with reference to any obligation or liability, any liability or obligation that is not a Nonrecourse Obligation to the obligor thereunder, directly or indirectly. For purposes hereof, a Person shall not be deemed to be “indirectly” liable for the liabilities or obligations of an obligor solely by reason of the fact that such Person has an ownership interest in such obligor, provided that such Person is not otherwise legally liable, directly or indirectly, for such obligor’s liabilities or obligations (e.g. by reason of a guaranty or contribution obligation, by operation of law or by reason of such Person being a general partner of such obligor). A guaranty of Indebtedness by the Borrower or the General Partner (as distinguished from a Subsidiary) shall be Recourse, but a guaranty for completion of improvements by the Borrower or the General Partner shall be deemed to be without Recourse, unless and except to the extent of amounts due and payable under such guaranty that remain unpaid. “Register” has the meaning given that term in Section 12.04(c). “Regulation D” means Regulation D of the Board of Governors of the Federal Reserve System, as the same may be amended or supplemented from time to time, or any similar Law from time to time in effect.