Blackstone Credit definition

Blackstone Credit means Blackstone Alternative Credit Advisors LP (formerly known as GSO Capital Partners LP) and its Affiliates.

Blackstone Credit means Blackstone Alternative Credit Advisors LP and its managed, advised or sub-advised funds and accounts.

Blackstone Credit means Blackstone Alternative Credit Advisors LP or any of its affiliates within the credit-focused business unit of The Blackstone Group Inc.

Examples of Blackstone Credit in a sentence

• The Class A Shares are held by Blackstone Credit and the Class B Shares are held by Solus.

• In addition, it was announced that Blackstone Credit, Bybrook and Solus, which collectively hold approximately 72.35 per cent.

• The Panel has consented to Blackstone Credit, Solus and Bybrook entering into the No Leakage Covenant.

• Blackstone Credit employs a rigorous investment process and defensive investment approach to evaluate all potential opportunities with a focus on long-term credit performance and principal protection.

• These shareswere issued in connection with Blackstone Credit and Solus’ investment in ADVANZ PHARMA in 2018.The Class A Shares and Class B Shares are not listed on any exchange and have certain limited governance and class voting rights.

• Distributions may also be funded in significant part, directly or indirectly, from temporary waivers or expense reimbursements borne by Blackstone Credit BDC Advisors LLC (the “Adviser”) or its affiliates, that may be subject to reimbursement to the Adviser or its affiliates.

• Indoor Air QualityDesign air distribution systems with ventilation rates and exhaust requirements per the International Mechanical Code.

• The Panel has consented to the Management Warrantors entering into the Management Warranty Deed.No Leakage CovenantBlackstone Credit, Bybrook and Solus have entered into the No Leakage Covenant, pursuant to which each of Blackstone Credit, Bybrook and Solus severally indemnify Bidco in respect of any amount of value that has been extracted from the ADVANZ PHARMA Group since 30 September 2020 that they or their affiliates receive, subject to certain exemptions in respect of permitted transactions.

• Bidco has received irrevocable undertakings from Blackstone Credit, Bybrook, Solus, Barings and CapRe to vote (or to procure the voting) in favour of the Scheme at the Court Meeting and the Resolutions at the General Meeting (or, in the event that the Acquisition is to be effected by way of a Takeover Offer, to accept, or procure the acceptance of, such Takeover Offer) in respect of 42,994,812 ADVANZ PHARMA Shares (representing, in aggregate approximately87.90 per cent.

• Blackstone Credit’s track record in private debt lending and investing in below investment grade credit dates back to the inception of Blackstone Credit.

More Definitions of Blackstone Credit

Blackstone Credit has the meaning given in Clause 2.25;

Blackstone Credit means Blackstone Alternative Credit Advisors LP.

Blackstone Credit. ’ . . . . . . . . . . . means funds managed, advised or sub-advised by Blackstone

Blackstone Credit means Blackstone Alternative Credit Advisors LP and its managed, advised or sub-advised funds and accounts. “Blackstone Entities” means Blackstone Credit, the Warehouse Entity, any of their respective Affiliates, and shall include, without limitation, each Blackstone Investor and certain funds, accounts and clients managed, or advised by Blackstone Credit or any of their respective Affiliates, as the context may require. “Blackstone Fee Letter” means that certain letter agreement, dated as of the Closing Date, by and between the Company and Blackstone Credit. “Blackstone Investor” means any investor (or an Affiliate of such investor) of a fund managed or advised by Blackstone Credit to which investor (or an Affiliate of such investor) Blackstone Credit is providing certain administrative and other services. “Blackstone Representative” means Blackstone Alternative Credit Advisors LP, and, after the Closing Date, any successor or assign that is a Blackstone Entity appointed by the previous Blackstone Representative that fulfilled the role as Blackstone Representative hereunder. “Board of Directors” means (1) with respect to the Company or any corporation, the board of directors or managers, as applicable, of the corporation, or any duly authorized committee thereof; (2) with respect to any partnership, the board of directors or other governing body of the general partner, as applicable, of the partnership or any duly authorized committee thereof; (3) with respect to a limited liability company, the managing member or members or any duly authorized controlling committee thereof; and (4) with respect to any other Person, the board or any duly authorized committee of such Person serving a similar function. Whenever any provision requires any action or determination to be made by, or any approval of, a Board of Directors, such action, determination or approval shall be deemed to have been taken or made if approved by a majority of the directors on any such Board of Directors (whether or not such action or approval is taken as part of a formal board meeting or as a formal board approval). Unless the context requires otherwise, Board of Directors means the Board of Directors of the Company. “Borrower” means, collectively, (i) the Company, (ii) the Parent Borrower and (ii) each Co-Borrower (or, as the context requires, any one of them). “Borrower Materials” has the meaning specified in Section 6.02. “Borrowing” means Loans of the same Class, Type and currency, made...