Substitute Investor definition

Substitute Investor a person admitted pursuant to clause 13 as a Limited Partner as the successor to all, or part of, the rights and liabilities of an Investor in respect of such Investor's Interest
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Substitute Investor a person admitted pursuant to Clause 7 as an Investor by virtue of a Substitution or Transfer; SUBSTITUTION: the event of a person becoming the successor entity to an Investor in accordance with the terms of this Agreement, and thereby becoming the successor to all, or part of, the rights and liabilities of such Investor in respect of such Investor's Interest in the Partnership;
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Substitute Investor means a person admitted pursuant to Clause 11 as a Limited Partner as the successor to all, or part of, the rights and liabilities of an Investor in respect of such Investor's Interest;
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Examples of Substitute Investor in a sentence

  • The Substitute Investor shall not become a Partner and none of the Partnership, the General Partner or the Manager shall incur any liability for allocations and distributions made in good faith to the transferring Investor until the written instrument of transfer has been received by the Partnership and recorded in its books and the effective date of the transfer has passed.


More Definitions of Substitute Investor

Substitute Investor means any of the following: (1) any Lender Entity (as defined below) that is the successful bidder at a foreclosure sale of the Membership Interest of Investor pursuant to a pledge as referenced in Section 7.3A(5) above; (2) any Qualified Transferee (as such term is defined below) which is the successful bidder at such foreclosure sale; and (3) any Lender Entity that takes an assignment of the Membership Interest of Investor in lieu of foreclosure; and (4) if a Lender Entity is the successful bidder at such foreclosure sale, or takes an assignment of the Membership Interest of Investor in lieu of foreclosure, the transferee of such Lender Entity, if such transferee is a Qualified Transferee. Except as expressly set forth in Section 7.3B(4), any subsequent transfer of the Membership Interest by a Substitute Investor must satisfy the other requirements of this Section 7.3.
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Related to Substitute Investor

  • Investor Group means the Sponsor and its affiliates, successors and assigns.

  • Anchor Investor means a Qualified Institutional Buyer applying under the Anchor Investor Portion in accordance with the requirements specified in the SEBI ICDR Regulations and the RHP and who has Bid for an amount of at least ₹ 100 million and the term “Anchor Investors” shall be construed accordingly.

  • Applicable Investor means each holder of a beneficial interest in any Class A Note that is (i) an EEA credit institution or investment firm subject to the CRR, including any consolidated group affiliate thereof; (ii) an EEA insurer or reinsurer subject to the Solvency II Regulation; or (iii) an EEA alternative investment fund manager to which the AIFM Regulation applies.

  • Passive Investor means a person that:

  • Approved Investor means any institution which has made a Takeout Commitment and has been approved by Buyer and not subsequently disapproved by Buyer.

  • Original Purchaser means the original purchaser of the Bonds designated by the Fiscal Officer in the Certificate of Award.

  • retail investor means a person who is one (or more) of the following:

  • Qualified Purchaser The meaning specified in Section 2(a)(51) of the 1940 Act and Rule 2a51-2 or 2a51-3 under the 1940 Act.

  • Investor is defined in the preamble to this Agreement.

  • Substitute teacher means a person employed to perform the normal duties of a teacher who is absent.

  • Eligible Investor Either (i) a Qualified Institutional Buyer that is purchasing for its own account or for the account of a Qualified Institutional Buyer to whom notice is given that the offer, sale or transfer is being made in reliance on Rule 144A or (ii) an Institutional Accredited Investor.

  • Loan Investor means any Person (including an Agency) having a beneficial interest in any mortgage loan originated, purchased or serviced by the Bank or a security backed by or representing an interest in any such mortgage loan;

  • Proposed Purchaser shall have the meaning set forth in Section 5.7(a).

  • Ultimate purchaser means, with respect to any new motor vehicle or new motor vehicle engine, the first person who in good faith purchases a new motor vehicle or new motor vehicle engine for purposes other than resale.

  • Substitution Event means, in respect of a Share, any Nationalization, Insolvency or Delisting in respect of such Share, or any Merger Event or Tender Offer in respect of such Share that is deemed by the Calculation Agent to be a Substitution Event, or an occurrence and continuation for at least eight consecutive applicable Exchange Business Days of a Market Disruption Event in respect of such Share.

  • PIPE Investors means those certain investors participating in the PIPE Investment pursuant to the Subscription Agreements.

  • Major Investor means any Investor that, individually or together with such Investor’s Affiliates, holds at least 1,000,000 shares of Registrable Securities (as adjusted for any stock split, stock dividend, combination, or other recapitalization or reclassification effected after the date hereof).