SPE Requirements definition

SPE Requirements is defined in Section 8.12.
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SPE Requirements. The covenants set forth in Section 6.8.
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SPE Requirements means a collective reference to the requirements and conditions set forth on Exhibit D attached hereto.
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Examples of SPE Requirements in a sentence

  • Each Borrower shall have provided to the Agent and each of the Lenders the executed and delivered Governing Documents of such Borrower, in form and substance satisfactory to the Agent and each of the Lenders, which provide that each such Borrower is subject to the SPE Requirements.

  • Each Borrower and each Guarantor shall have provided to the Agent and each of the Lenders the executed and delivered Governing Documents of such Borrower and Guarantor, in form and substance satisfactory to the Agent and each of the Lenders, which provide that each such Borrower and Guarantor is subject to the SPE Requirements.

  • No Tenant shall purchase or otherwise acquire, hold, or invest in securities or other investments (whether Capital Stock or instruments evidencing indebtedness) of any Person other than as permitted by the SPE Requirements.

  • Manager agrees that it shall not perform its duties under the Management Agreement or otherwise act in a manner that would result in Owner’s or Operating Lessee’s failure to comply with the Borrower SPE Requirements.

  • All of the provisions of this Section 6.12 are individually and collectively referred to as the "SPE Requirements".

  • If any Property Guarantor shall breach, in any material respect, any of the SPE Requirements, and such breach, to the extent curable, shall continue for a period of fifteen (15) days following notice of such breach from the Administrative Agent.

  • If any Borrower shall breach, in any material respect, any of the SPE Requirements, and such breach, to the extent curable, shall continue for a period of fifteen (15) days following notice of such breach from the Administrative Agent.

  • The Loan Parties shall at all times comply with the requirements set forth on Exhibit G (SPE Requirements).

  • Tenant shall cause each Subleasing Subsidiary to (1) comply with the SPE Requirements contained in the Subsidiary Guaranty and (2) hold the Membership Contracts relating to Tenant’s Business assigned to such Subleasing Subsidiary pursuant to the Merger Transaction or otherwise entered into by such Subleasing Subsidiary.

  • Tenant shall cause each Subleasing Subsidiary to (1) comply with the SPE Requirements contained in the Subsidiary Guaranty and (2) hold the Membership Contracts relating to Tenant's Business assigned to such Subleasing Subsidiary pursuant to the Merger Transaction or otherwise entered into by such Subleasing Subsidiary.


More Definitions of SPE Requirements

SPE Requirements means the obligation of each Borrower to (a) comply with Sections 7.13 and 9.7, and (b) the obligation of each Borrower and each General Partner to at all times include in its constitutive documents the provisions set forth in Schedule 1.8 hereto, with such variations approved by Administrative Agent or its counsel as may be appropriate in consideration of the given context (the “SPE Provisions”) as such provisions are modified solely for the purposes of conforming to the defined terms in the applicable constitutive documents.
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SPE Requirements means the obligation to at all times include in the applicable entity’s constitutive documents the provisions set forth in Schedule III hereto, with such variations approved by the Administrative Agent as may be appropriate in consideration of the given context or as such provisions are modified solely for the purposes of conforming to the defined terms in the applicable constitutive documents.
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SPE Requirements means those provisions set forth on the SPE Requirements Schedule.
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SPE Requirements means each of the requirements set forth on Annex II hereto.
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SPE Requirements means the obligation of the Borrower and the Parent Guarantor to (i) at all times include in its constitutive documents the provisions set forth in Articles III and IV of the Limited Liability Company Agreement of the Borrower and the Parent Guarantor (the “SPE Provisions”) and (ii) deliver all applicable executed engagement or staffing agreements with independent managers or independent directors, as applicable, in form and substance approved by the Administrative Agent. “Subordinated Obligations” has the meaning specified in Section 7.07. “Subsidiary” of any Person means any corporation, partnership, joint venture, limited liability company, trust or estate of which (or in which) 50% or more of (a) the issued and outstanding capital stock having ordinary voting power to elect a majority of the Board of Directors of such corporation (irrespective of whether at the time capital stock of any other class or classes of such corporation shall or might have voting power upon the occurrence of any contingency), (b) the interest in the capital or profits of such partnership, joint venture or limited liability company or (c) the beneficial interest in such trust or estate, in each case, is at the time directly or indirectly owned or controlled by such Person, by such Person and one or more of its other Subsidiaries or by one or more of such Person’s other Subsidiaries. “Tangible Net Worth” means with respect to any Person on any date of determination, (A) the sum of all amounts that would be included under capital or shareholder’s equity (or any like caption) on a balance sheet of such Person and its consolidated Subsidiaries at such date, minus (B) the sum of (i) amounts owing to such Person or any such consolidated Subsidiary from any Affiliate thereof, or from officers, employees, partners, members, directors, shareholders or other Persons similarly affiliated with such Person or any Affiliate thereof, (ii) intangible assets of such Person and its consolidated Subsidiaries, if any, and (iii) prepaid Taxes and/or expenses, all on or as of such date and all without duplication as determined in accordance with GAAP. “Target Investments” means any of the following: (i) whole mortgage loans, (ii) senior pari passu “A notes” or participations in whole mortgage loans, (iii) mezzanine loans, (iv) preferred equity investments, (v) subordinated mortgage interests (including “B notes” and junior participations in whole mortgage loans, and (vi) real estate securities (incl...
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SPE Requirements means those single purpose entity requirements set forth in Exhibit “J” attached hereto.
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Related to SPE Requirements

  • Maintenance Requirements shall have the meaning set forth in Clause 14.2;

  • OHS Requirements means all Laws applicable to the Supply and related to occupational health or safety, and all of the City Policies that relate to occupational health or safety, and includes without limitation the WCA;

  • MREL Requirements means the laws, regulations, requirements, guidelines, rules, standards and policies relating to minimum requirements for own funds and eligible liabilities applicable to the Issuer and/or the Group, from time to time, (including any applicable transitional or grandfathering provisions), including, without limitation to the generality of the foregoing, any delegated or implementing acts (such as regulatory technical standards) adopted by the European Commission and any regulations, requirements, guidelines, rules, standards and policies relating to minimum requirements for own funds and eligible liabilities adopted by the Federal Republic of Germany or the Republic of Italy, a relevant resolution authority or the European Banking Authority from time to time (whether or not such requirements, guidelines or policies are applied generally or specifically to the Issuer and/or the Group), as any of the preceding laws, regulations, requirements, guidelines, rules, standards, policies or interpretations may be amended, supplemented, superseded or replaced from time to time.

  • Service Requirements means the specification that the Flexibility Services must be capable of meeting, as defined in Schedule 1;

  • Insurance Requirements means, collectively, all provisions of the Insurance Policies, all requirements of the issuer of any of the Insurance Policies and all orders, rules, regulations and any other requirements of the National Board of Fire Underwriters (or any other body exercising similar functions) binding upon each Loan Party which is an owner of Mortgaged Property and applicable to the Mortgaged Property or any use or condition thereof.