Sponsor Group Member definition

Sponsor Group Member means each of the following: (i) Cerberus Capital Management, L.P., Xxxxxx-Xxxxx Partners, L.P., Xxxxx Realty, LP, Schottenstein Stores Corporation, and Kimco Realty Corporation, (ii) each other fund or managed account advised or managed by any of the foregoing, and (iii) each of their respective Affiliates (other than the Corporation and its subsidiaries), including Albertsons Investor Holdings LLC, a Delaware limited liability company, and XXX ACI, LLC, a Delaware limited liability company.
Sample 1
Sponsor Group Member means any Person who is a member of the Sponsor Group.
Sample 1Sample 2
Sponsor Group Member means, individually and collectively, (i) the Cerberus Funds, Trican, SJK Family Limited Partnership, LP, KCK Family Limited Partnership, LP, Xxx Xxxxx, Xxxxx Xxxxx, Xxxxx Xxxxx, Xxxxxxxxx Xxxxx, Xxxxx Xxxxx and Xxxxx Xxxxx, (ii) each fund or account advised or managed by any of the foregoing, and (iii) each of their respective Affiliates (other than the Corporation and its subsidiaries).
Sample 1

Examples of Sponsor Group Member in a sentence

  • On and following the Trigger Date, the Borrower shall not, and shall not suffer or permit any other Obligor (other than any Sponsor Group Member) to, take part in amalgamation, merger, consolidation, continuance, dissolution, liquidation winding-up, corporate reorganization, capital reorganization or reduction, relief or composition of it or its debts or similar proceeding or arrangement or discontinue any businesses or change its jurisdiction of incorporation or formation.

  • For certainty and without in any way derogating from Section 10.3(o)(vi), nothing in this Section 10.3(n) obligates any Sponsor Group Member or any other Person in any way to contribute additional Equity into the Borrower to remedy any withdrawal from the Operating Reserve Account.

  • As of the Financial Closing Date, Schedule L sets out (A) the authorized and issued capital of each Obligor (other than each Sponsor Group Member), all of which issued Shares have been duly issued and are outstanding as fully paid and non-assessable and (B) the owner of record of all such issued Shares.

  • Contemporaneously with the incorporation, formation or acquisition of any Additional Guarantor or any Additional Sponsor Group Member that is not yet a Guarantor, the Borrower shall cause such entity to comply with this Section 10.3(w) and upon compliance with this Section 10.3(w), such entity shall be deemed to constitute a Guarantor.

  • For certainty and without in any way derogating from Section 10.3(o)(vi), nothing in this Section 10.3(m) obligates any Sponsor Group Member or any other Person in any way to contribute additional Equity into the Borrower to remedy any withdrawal from the Deb Service Reserve Account.

  • Each Sponsor Group Member has good and marketable title to all of its Secured Assets, free from any Lien other than the Permitted Liens.

  • Subsequent to such later date, (x) the Borrower shall not make any Distributions except with amounts, if any, in the Distribution Account, provided that such Distribution is made in accordance with Section 10.4(p), and (y) the Borrower shall not suffer or permit any Sponsor Group Member to make any Distribution if, at the time thereof, a Default or Event of Default has occurred and is continuing or would arise as a result of such Distribution.

  • This power of attorney will terminate in respect of any Sponsor Group Member upon the earlier of the termination of this letter agreement (subject to Section 2 above) or such time as such Sponsor Group Member ceases to hold any Ringfenced Founder Shares.

  • With respect to each Sponsor Group Member, this power of attorney is coupled with an interest, will be irrevocable and will survive the incapacity or bankruptcy of such Sponsor Group Member.

  • The Corporation and Indemnitee agree that each Sponsor Group Member and Investor Holdco are express third-party beneficiaries of the terms of this Section 16(c).

Related to Sponsor Group Member

  • Sponsor Group means the Sponsors and the Sponsor Related Parties.

  • Minority group member means a United States citizen or permanent resident alien who is and can demonstrate membership in one of the following groups:

  • Partnership Group Member means any member of the Partnership Group.

  • Seller Group Member means (a) Seller and its Affiliates, (b) directors, officers and employees of Seller and its Affiliates and (c) the successors and assigns of the foregoing.

  • Company Group Member means each member of the Company Group.

  • Controlled Group Member means each trade or business (whether or not incorporated) which together with the Borrower is treated as a single employer under Sections 4001(a)(14) or 4001(b)(1) of ERISA or Sections 414(b), (c), (m) or (o) of the Code.

  • Group Member means a member of the Partnership Group.

  • Buyer Group Member means Buyer and its Affiliates and their respective successors and assigns.

  • Permitted Group means any group of investors that is deemed to be a "person" (as that term is used in Section 13(d)(3) of the Exchange Act), by virtue of the Stockholders Agreement, as the same may be amended, modified or supplemented from time to time; provided that no single Person (other than the Principals and their Related Parties) Beneficially Owns (together with its Affiliates) more of the Voting Stock of the Company that is Beneficially Owned by such group of investors than is then collectively Beneficially Owned by the Principals and their Related Parties in the aggregate.

  • Partnership Subsidiary means Host LP and any partnership, limited liability company, or other entity treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes in which either Host REIT or Host LP owns (or owned on or after January 1, 1999) an interest, either directly or through one or more other partnerships, limited liability companies or other entities treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes (whether or not Host REIT or Host LP has a controlling interest in, or otherwise has the ability to control or direct the operation of, such entity). Notwithstanding the foregoing, the term “Partnership Subsidiary” shall not in any way be deemed to include the Non-Controlled Subsidiaries or subsidiaries thereof, the Taxable REIT Subsidiaries or subsidiaries thereof, or the Subsidiary REITs or subsidiaries thereof.

  • MLP has the meaning given such term in the introduction to this Agreement.

  • Borrower Party Affiliate means, with respect to the Mortgage Loan Borrower, a manager of the Mortgaged Property or an Accelerated Mezzanine Loan Lender, (a) any other Person controlling or controlled by or under common control with such Mortgage Loan Borrower, manager or Accelerated Mezzanine Loan Lender, as applicable, or (b) any other Person owning, directly or indirectly, 25% or more of the beneficial interests in such Mortgage Loan Borrower, manager or Accelerated Mezzanine Loan Lender, as applicable. For the purposes of this definition, “control” when used with respect to any specified Person means the power to direct the management and policies of such Person, directly or indirectly, whether through the ownership of voting securities, by contract or otherwise and the terms “controlling” and “controlled” have meanings correlative to the foregoing.

  • Acquired Person means, with respect to any specified Person, any other Person which merges with or into or becomes a Subsidiary of such specified Person.

  • Spinco Subsidiaries means all direct and indirect Subsidiaries of SpinCo, after giving effect to the Reorganization.

  • Brookfield Group means Brookfield and any Affiliates of Brookfield, other than any member of the BREP Group;

  • Permitted Holder Group shall have the meaning assigned to such term in the definition of “Permitted Holders.”

  • Excluded Entities has the meaning set forth in Section 2.2(b)(iv).

  • Permitted Holdings Debt has the meaning assigned to such term in Section 6.01(a)(xviii).

  • Controlled Affiliate means any Affiliate of the specified Person that is, directly or indirectly, Controlled by the specified Person.

  • Controlled Affiliates means, with respect to a specified Person, another Person that directly, or indirectly through one or more intermediaries, has Majority Control of or is Majority Controlled by or is under common Majority Control with the Person specified.

  • Restricted Group means, collectively the Company, its subsidiaries, the members of the Sponsor Group and their respective Affiliates.

  • Sponsor Parties means Sponsor, Vendor, and Utility, their respective successors and assigns, and each of their respective affiliates, agents, directors, officers, and employees.

  • SPE Subsidiary means any Subsidiary formed solely for the purpose of, and that engages only in, one or more Securitization Transactions.

  • Promoter Group means such persons and entities constituting the promoter group as per Regulation 2(1)(pp) of the SEBI ICDR Regulations.

  • DBS Group means DBS Bank Ltd, its subsidiaries, affiliates, branches and related companies.

  • Acquired Entities means the Company and each of its Subsidiaries, collectively.