BREP X definition

BREP X means Blackstone Real Estate Partners X L.P.
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BREP X means (i) Blackstone Real Estate Partners X L.P., Blackstone Real Estate Partners X.TE.1 L.P., Blackstone Real Estate Partners X.TE.2 L.P., Blackstone Real Estate Partners X.TE.3 L.P., Blackstone Real Estate Partners X.TE.4 L.P. and Blackstone Real Estate Partners X.F L.P., each a Delaware limited partnership and Blackstone Real Estate Partners X (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 X or the Partnership serves, directly or indirectly, as the general partner, special general partner, manager, managing member or in a similar capacity.
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Examples of BREP X in a sentence

  • 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 X; second, by the applicable portfolio entity through which such investment is indirectly held; and third, by BREP X and fourth by Associates X (only to the extent the foregoing sources are exhausted).

  • 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 X Interest.

  • Capital Commitment Investments shall be valued annually as of the end of each year (and at such other times as deemed appropriate by the General Partner) in accordance with the principles utilized by Associates X (or any other Affiliate of the Partnership that is a general partner of BREP X) in valuing investments of BREP X or, in the case of investments not held by BREP X, in the good faith judgment of the General Partner, subject in each case to the second proviso of the immediately succeeding sentence.

  • 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 X Investments as the General Partner may determine.