BHCA Partner definition

BHCA Partner means, as of the date of any determination, (i) each Limited Partner that (A) is subject to the BHCA and (B) has notified the General Partner in writing of such status at any time prior to such determination (other than a Limited Partner that is investing under Section 4(k) thereof and has delivered a written notice to the General Partner so stating prior to such determination) and (ii) any transferee of such Limited Partner but, with respect to such transferee, only to the extent that the portion of its Commitment or Capital Contribution acquired from such Limited Partner was a BHCA Interest at the time of such acquisition.
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BHCA Partner means any Limited Partner that is (or is an Affiliate of a bank holding company or other entity that is) subject to the Bank Holding Company Act or Regulation Y of the Board of Governors of the Federal Reserve System, or a foreign banking organization subject to the nonbanking restrictions of the Bank Holding Company Act, unless such Limited Partner at the time of its admission to the Partnership provides a notice in writing to the General Partner that it is not a BHCA Partner. BHCA Partners that are Affiliates of the same bank holding company shall be considered a single BHCA Partner for purposes of this Section 10.25.
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BHCA Partner shall have the meaning set forth in Section 10.24(d)(ii).
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Examples of BHCA Partner in a sentence

  • Each BHCA Partner irrevocably waives its right to vote its Non-Voting Interests on the selection of a successor general partner under Section 17-801 of the Act.

  • BHCA Partners that are Affiliates of the same bank holding company shall be considered a single BHCA Partner for purposes of this Section 10.24.

  • Each BHCA Partner irrevocably waives its right to vote its Non-Voting Interests on the selection of a successor general partner under Section 15 of the Law.

Related to BHCA Partner

  • Lead Partner means the lead partner of a joint venture, as described in Sub-Clause

  • Managing Partner means Geodyne Production Company, a Delaware corporation, and any other Person admitted as additional or Substituted Managing Partner pursuant to Article Six of this Agreement.

  • Trading Partner means any external computer interoperating with a Licensed Component through one or more protocols, one or more networks, or one or more adapters;

  • General Partner means the general partner of the Partnership.

  • Selling Partner has the meaning set forth in Section 8.5.