Examples of Blackstone Member in a sentence
When the Company is dissolved, the business and property of the Company shall be wound up and liquidated or, in the event of a Dissolution Event, by such liquidating trustee as may be approved by Blackstone Member (the remaining Members or such liquidating trustee, as the case may be, being hereinafter referred to as the "Liquidator").
In addition, Blackstone Member may cause the Company to make or refrain from making any and all other elections permitted by the tax laws of the United States, the several states and other relevant jurisdictions.
Rights to the name "Blackstone" shall belong solely to Blackstone Member and rights to the name "Capital Senior Living" shall belong solely to CSL Member.
Non-Capital Proceeds shall be distributed at such times and intervals as determined by Blackstone Member, but in no event later than 30 days after the end of each calendar quarter.
The execution by any Blackstone Member of any of the foregoing certificates and (and any amendments and/or restatements thereof) shall be sufficient.
Blackstone Member is a limited liability company which is duly organized, validly existing, and in good standing under the laws of its state of formation, with the power and authority to own, lease and operate its properties and to carry on its business as now being conducted.
The Company shall maintain an office and principal place of business at 345 Park Avenue, New York, New York, 10154 or at such other place as xxx xxxx xxxx xx xxxx xx xxxxxxxxxx xx xxy Blackstone Member as the Company's principal place of business.
Each Blackstone Member is hereby designated as an authorized person, within the meaning of the Act, to execute, deliver and file the certificate of formation of the Company and any amendments and/or restatements thereof (collectively, the "Certificate") and any other certificates necessary for the Company to qualify to do business in a jurisdiction in which the Company may wish to conduct business.
Blackstone Member has the power and authority to execute and deliver this Agreement and to consummate the transactions contemplated hereby.
Pursuant to the Property Management Agreements, Property Manager shall (A) beginning in 2010, prepare an updated Business Plan (including an Operating Budget) annually which shall be submitted to the Blackstone Member for approval on or before November 15th of each year, and (B) implement the Business Plan on behalf of the Company in accordance with the terms of this Agreement and the Property Management Agreement.