Separateness Provisions definition

Separateness Provisions means Sections 2.4, the first sentence of Section 5.2, 5.3, 9.2 and Article VII of this Agreement.

Separateness Provisions has the meaning specified in Section 5.10.

Separateness Provisions shall have the meaning given to such term in Section 8.33(c).

Examples of Separateness Provisions in a sentence

• Notwithstanding anything in this Agreement to the contrary, the General Partner shall not amend, alter or change any portion of the Separateness Provisions (or any of the definitions in Article I to the extent used in any of the Separateness Provisions) without the consent of each of the Partners (including all Independent Directors of the General Partner then serving in such capacity).

• Borrower is, and has at all times since its formation been, in compliance with the Separateness Provisions.

• Notwithstanding anything in this Agreement to the contrary, the General Partner shall not amend, alter or change any portion of 7 Limited Partnership Agreement the Separateness Provisions (or any of the definitions in Article I to the extent used in any of the Separateness Provisions) without the consent of each of the Partners (including all Independent Directors of the General Partner then serving in such capacity).

• The Collateral Manager shall not in any way interfere with or frustrate the Borrower’s compliance with the provisions of Section 5.05 of this Agreement or the Separateness Provisions.

• The occurrence of any default in the observance of the Separateness Provisions applicable to Borrower or Borrower Member; provided, however, that a breach of the Separateness Provisions shall not constitute an Event of Default: (i) if such breach is immaterial and non-recurring; and (ii) if such breach is curable and such Borrower, as applicable, shall promptly cure such breach within thirty (30) days after written notice thereof from Administrative Agent.

More Definitions of Separateness Provisions

Separateness Provisions shall have the meaning set forth in Section 8.1(c).

Separateness Provisions means the provisions contained in Sections 3 and 5(e) of the Amended and Restated Trust Agreement of the Borrower.

Separateness Provisions has the meaning given to that term in Section 4.22.

Separateness Provisions shall have the meaning as described as such term in Section 7.3 hereof.

Separateness Provisions means the provisions contained in Section 2.9 of the Borrower LLC Agreement of the Borrower. “Seventh Amendment Effective Date” means the effective date of Amendment No. 7 to this Agreement, such date being July 3, 2024. “SOFR” means a rate equal to the secured overnight financing rate as administered by the SOFR Administrator. “SOFR Administrator” means the Federal Reserve Bank of New York (or a successor administrator of the secured overnight financing rate). “Solvent” as to any Person means that such Person is not “insolvent” within the meaning of Section 101(32) of the Bankruptcy Code or Section 271 of the New York Debtor and Creditor Law. “Structured Finance Obligation” means any debt obligation owing by a special purpose finance vehicle that is secured directly and primarily by, primarily referenced to, and/or primarily representing ownership of, a pool of receivables or a pool of other assets, including collateralized debt obligations, residential mortgage-backed securities, commercial mortgage-backed securities, other asset-backed securities, “future flow” receivable transactions and other similar obligations; provided that asset based lending facilities, loans to financial service companies, factoring businesses, health care providers and other genuine operating businesses do not constitute Structured Finance Obligations. “Subject Laws” means the regulations and rules promulgated by the U.S. Department of Treasury and/or administered by OFAC, including U.S. Executive Order No. 13224, and other related statutes, Laws and regulations. 40

Separateness Provisions means a corporation, limited partnership or limited liability company which, at all times since its formation and thereafter:

Separateness Provisions has the meaning provided in Article 7.