Sponsor Affiliate definition
Sponsor Affiliate means an entity that joins with the Company and that participates in the investment in, or financing of, the Project and which meets the requirements under the FILOT Act to be entitled to the benefits of this Fee Agreement with respect to its participation in the Project, all as set forth in Section 5.13 hereof.
Sponsor Affiliate means the collective reference to any entities (other than a portfolio company) controlled directly or indirectly by the Sponsor.
Sponsor Affiliate means (i) each Affiliate of the Sponsor that is neither an operating company nor a company controlled by an operating company, (ii) each partner, officer, director, principal or member of the Sponsor or any Sponsor Affiliate and (iii) any spouse, parent or lineal descendant (including by adoption) of any of the foregoing who are natural persons and any trust for the benefit of such persons.
Examples of Sponsor Affiliate in a sentence
Any Sponsor Affiliate which is or becomes a Lender and which enters into a Debt Purchase Transaction as a purchaser or a participant shall, by 5pm on the Business Day following the day on which it entered into that Debt Purchase Transaction, notify the Facility Agent of the extent of the Commitment(s) or amount outstanding to which that Debt Purchase Transaction relates.
More Definitions of Sponsor Affiliate
Sponsor Affiliate means an entity that joins with or is an affiliate of a sponsor and that participates in the investment in, or financing of, a project.
Sponsor Affiliate means Sponsor or any Affiliate thereof (other than a portfolio company of Sponsor or a natural person).
Sponsor Affiliate means any Affiliate of the Sponsor that is not a portfolio company.
Sponsor Affiliate means an entity that participates in the investment or job creation at the Project and, following receipt of the County’s approval pursuant to Section 9.1 of this Fee Agreement, joins this Fee Agreement by delivering a Joinder Agreement, the form of which is attached as Exhibit B to this Fee Agreement.
Sponsor Affiliate means, in relation to the Sponsor, any company with direct or indirect Decisive Influence there over or any of its Subsidiaries or any other Subsidiary of any such companies, and any fund, partnership and/or other entities represented, managed, advised, owned or controlled by the Sponsor or any of its Sponsor Affiliates and any Sponsor Affiliate of any such fund, partnership or entity but does not include any portfolio company of the Sponsor or of any Affiliate of the Sponsor and, in the context of a person or persons achieving or having control over another person, "control" for the purposes of this definition means the person or persons acting in concert controlling, or being able to control, the composition of the board of directors or equivalent management board of that other person or the person or persons acting in concert in accordance with whose directions a majority of the board of directors or equivalent management board of that other person are or become accustomed to act.
Sponsor Affiliate shall have the meaning set forth in Section 12-44-30(2) of the Act.
Sponsor Affiliate means an entity whose investment with respect to the Expansion Project will qualify for the Negotiated FILOT pursuant to Section 6.02 hereof and Sections 12-44-30(19) or (20) and Section ▇▇-▇▇-▇▇▇ of the Negotiated FILOT Act if the statutory investment requirements are met. As of the date of the original execution and delivery of this Agreement, the Company is the only Sponsor or Sponsor Affiliate.