Examples of Qualified Transferee in a sentence
The Private Owner represents, warrants and covenants that no Change of Control will occur with respect to the Private Owner unless (i) it first obtains the prior written consent of the Initial Member, and (ii) following such Change of Control, the Private Owner would remain a Qualified Transferee.
In accordance with the provisions of Section 2.08 hereof, Funding Lender may transfer the Funding Loan to a Qualified Transferee in connection with the securitization of the Funding Loan, in which event Funding Lender Representative may direct Fiscal Agent to make all future payments with respect to the Funding Loan to the appointed master servicer for that securitization (or an account designated by such master servicer), and Fiscal Agent shall accept such direction from Funding Lender Representative.
The Private Owner will not permit any Change of Control to occur with respect to the Private Owner unless (i) it first obtains the prior written consent of the Initial Member, and (ii) following such Change of Control, the Private Owner would be a Qualified Transferee.
For this purpose, Non- Qualified Transferee constitutes and appoints YVHA as the Non-Qualified Transferee’s true and lawful attorney-in-fact with full power of substitution to complete or undertake any and all actions required under this Restriction.