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.

  • In contrast, three participants referred to these two criteria in selecting Expl.

  • The Non-Funding Investor may, but shall not be obligated to, transfer all (but not less than all) Shares then held by it to the Substitute Investor.

  • The Investor may not assign any of its rights or obligations hereunder other than to an affiliate of the Investor or a Designated Purchaser or Substitute Investor as set forth in Section D above; provided that any such assignment will not relieve the Investor of its obligations hereunder and any affiliate of the Investor that becomes an assignee hereunder will expressly agree to be bound by the obligations binding on the Investor set forth herein, including Section G.

  • The Right of Oversubscription shall be allocated pro rata among all Investors (including a Substitute Investor) exercising the Right of Oversubscription, with the numerator being the shares of Preferred Stock held by each Investor (including a Substitute Investor) exercising the Right of Oversubscription, and the denominator being all shares of Preferred Stock held by all Investors (including all Substitute Investors) exercising the Right of Oversubscription.

  • No Additional Limited Partner, other than a Substitute Investor, shall be admitted to the Partnership after the Effective Date.

  • Existing Investor B Limited Partner and Substitute Investor B Limited Partner have entered into that certain Limited Partnership Interest Purchase and Sale Agreement dated as of October 14 2013 (the “Purchase and Sale Agreement”), and are entering into that certain Assignment and Assumption of Limited Partnership Interest dated on or about the date hereof (the “Assignment and Assumption” and together with the Purchase and Sale Agreement, collectively the “Transfer Documents”).

  • For technological plots used by investment services during the construction of new facilities as construction sites for facilities and infrastructure, back-up facilities, storage yards, etc., from the time of the protocolar transfer of the area to investment services until the site is tidied up and handed over by protocol to the user, Project Implementation Manager or Substitute Investor is appointed the Site Supervisor acting on behalf of PKN ORLEN SA.

  • For the avoidance of doubt, the Right of Oversubscription shall not apply to a transfer, sale, gift or other disposition to a Substitute Investor by a Series B Lead Investor, or otherwise to a New Investor (as defined below) introduced to the Company by any Investor or any existing stockholder of the Company and participating at a Tranche Closing.

  • 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.


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

  • Substitute Purchaser is defined in Section 21.

  • Exempt Investor means any of the following Irish Residents: (i) the Administrator, for so

  • 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 Series 2023-A Note that is an “institutional investor” as defined in each of the EU Securitization Regulation and the UK Securitization Regulation and to which the EU Securitization Regulation or the UK Securitization Regulation applies.

  • Masterworks Investor refers to an affiliate of Masterworks that has raised capital from unaffiliated third party investors to invest the proceeds in a diversified collection of artwork and which acquires Class A Ordinary Shares as part of such investment strategy.

  • Principal Stockholder Transferee means any Person who acquires voting stock of the Corporation from the Principal Stockholder (other than in connection with a public offering) and who is designated in writing by the Principal Stockholder as a “Principal Stockholder Transferee.”

  • Co-Investor means any of (a) the assignees, if any, of the equity commitments of any Sponsor who become holders of Equity Interests in the Borrower (or any of the direct or indirect parent companies of the Borrower) on the Original Closing Date in connection with the acquisition of the Company by the Sponsor and (b) the transferees, if any, that acquire, within 90 days of the Original Closing Date, any Equity Interests in the Borrower (or any of the direct or indirect parent companies of the Borrower) held by any Sponsor as of the Original Closing Date.

  • Management Investor means any Person who is an officer or otherwise a member of management of the Issuer, any of its Subsidiaries or any of its direct or indirect parent companies on the Issue Date, immediately after giving effect to the Transactions.

  • Passive investor means a person that:

  • Other Investor means any Person who has executed a securities purchase agreement dated as of the date hereof pursuant to which such Person has agreed to purchase shares of Common Stock in connection with the Other Private Placements.

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

  • Subsequent Transferee has the meaning set forth in Section 4.06(b).

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

  • Lead Investor means Cavalry Fund I LP.

  • retail investor means an investor who is not a professional investor;

  • Post-Event Transferee shall have the meaning set forth in Section 7(e) hereof.

  • Qualified Purchaser has the meaning assigned to such term in Section 12.06(e).

  • Investor means the Buyer, any transferee or assignee thereof to whom a Buyer assigns its rights under this Agreement in accordance with Section 9 and who agrees to become bound by the provisions of this Agreement, and any transferee or assignee thereof to whom a transferee or assignee assigns its rights under this Agreement in accordance with Section 9 and who agrees to become bound by the provisions of 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 Company or any Company Subsidiary or a security backed by or representing an interest in any such mortgage loan; and

  • Purchasing group means any group which:

  • 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.