Common use of Approved Fund Clause in Contracts

Approved Fund. any Person (other than a natural Person) engaged in making, purchasing, holding or otherwise investing in commercial loans in its ordinary course of activities. ​

Appears in 1 contract

Sources: Loan and Security Agreement (Adara Acquisition Corp.)

Approved Fund. any Person (other than a natural Personperson) that is engaged in making, purchasing, holding or otherwise investing in commercial loans and similar extensions of credit in its ordinary course of activities, and is administered or managed by a Lender, an entity that administers or manages a Lender, or an Affiliate of either. Asset Disposition: a direct or indirect sale, lease, license, transfer or other disposition of Property of an Obligor, including a disposition of Property in connection with a sale-leaseback transaction or synthetic lease.

Appears in 1 contract

Sources: Loan Agreement (Solo Cup CO)

Approved Fund. any Person (other than a natural Person) that is owned or Controlled by a Lender or Affiliate of a Lender, and is engaged in making, purchasing, holding making or otherwise investing in commercial loans in its ordinary course of activities. ​.

Appears in 1 contract

Sources: Loan and Security Agreement (Amkor Technology, Inc.)

Approved Fund. any Person (other than a natural Personperson) that is engaged in making, purchasing, holding or otherwise investing in commercial loans and similar extensions of credit in its ordinary course of activities. ​business and is administered or managed by a Lender, an entity that administers or manages a Lender, or an Affiliate of either.

Appears in 1 contract

Sources: Loan and Security Agreement (Ak Steel Holding Corp)