BREP IX definition

BREP IX has the meaning set forth in the preamble hereto.
BREP IX means (i) Blackstone Real Estate Partners IX L.P., Blackstone Real Estate Partners IX.TE.1 L.P., Blackstone Real Estate Partners IX.TE.2 L.P., Blackstone Real Estate Partners IX.TE.3 L.P. and Blackstone Real Estate Partners IX.F L.P., each a Delaware limited partnership, Blackstone Real Estate Partners IX (Ontario) L.P., an Ontario limited partnership and Blackstone Real Estate Partners IX (Lux) SCSp, a Luxembourg special limited partnership (société en commandite spéciale) established under the laws of the Grand Duchy of Luxembourg, (ii) any other Alternative Vehicles, Parallel Funds or other Supplemental Capital Vehicles (each as defined in the respective partnership agreements for the partnerships referred to in clause (i) of this definition), (iii) any other investment vehicle established pursuant to Article II of the respective partnership agreements for any of the partnerships referred to in clause (i) of this definition, and (iv) any other limited partnership, limited liability company or other entity (in each case, whether now or hereafter established) of which Associates IX or the Partnership serves, directly or indirectly, as the general partner, special general partner, manager, managing member or in a similar capacity.

Examples of BREP IX in a sentence

  • Except as otherwise expressly provided in this Article VII or in Article VIII, the terms and provisions of this Article VII and Article VIII shall not apply to the GP-Related Partner Interests or the GP-Related BREP IX Interest.

  • The General Partner may from time to time establish such repurchase rights and/or other requirements with respect to the Partners’ GP-Related Partner Interests relating to GP-Related BREP IX Investments as the General Partner may determine.

  • Buyer is a Subsidiary of BREP VIII and BREP IX and, pursuant to that certain Guaranty dated as of June 2, 2019, Blackstone Real Estate Partners VIII L.P. has guaranteed certain of the obligations of the Buyer under the Transaction Agreement.

  • It is further understood and/or agreed that a Covered Person shall first seek to be so indemnified and have such expenses advanced in the following order of priority: first, out of proceeds available in respect of applicable insurance policies maintained by the applicable portfolio entity and/or BREP IX; second, by the applicable portfolio entity through which such investment is indirectly held; and third, by BREP IX and fourth by Associates IX (only to the extent the foregoing sources are exhausted).