BRPI definition
Examples of BRPI in a sentence
Each of the Fund Entities will have fulfilled or complied in all material respects with all covenants contained in this Agreement to be fulfilled or complied with by it at or prior to the Effective Time, including the covenants in Section 9.2, and each of the Fund Entities will have executed and delivered a certificate of a senior officer to that effect in favour of BRPI.
Except as disclosed in Section 3.1.9 of the Disclosure Letter, BRPI and the BRPI Entities have at all times conducted the Businesses in compliance, in all material respects, with all applicable Laws.
None of the BRPI Entities is a reporting issuer (as such term is defined in applicable securities Laws) and none of the securities of the BRPI Entities are listed for trading on any stock exchange.
With respect to Taxes accruing on or before the Effective Date which are not reflected in the BRPI Entities’ Tax Returns, the BRPI Entities have made adequate provision for such Taxes in the Books and Records.
Each of BRPI and BREP will have fulfilled or complied in all material respects with all covenants contained in this Agreement to be fulfilled or complied with by it at or prior to the Effective Time, including the covenants in Section 9.1, and BRPI and BREP will each have executed and delivered a certificate of a senior officer to that effect in favour of the Fund Entities.
So long as any material Books and Records are required to be retained pursuant to this Agreement, BRPI will have the reasonable right to inspect and to make copies (at its own expense) of them at any time upon reasonable request during normal business hours and upon reasonable notice for any proper purpose and without undue interference to the business operations of the BRPI Entities.
Bondholder Approval shall have been obtained, on terms and conditions satisfactory to BRPI, acting reasonably.
Except as disclosed in Section 3.1.19 of the Disclosure Letter, each of the BRPI Entities has performed, in all material respects, all of the obligations required to be performed by it under the Material Contracts.
Each of the BRPI Entities is conducting, and has at all times conducted, each of the Businesses in compliance in all material respects with all applicable Privacy Laws.
None of the BRPI Entities is subject to any judgment, order or decree entered in any lawsuit or proceeding which has had or would, individually or in the aggregate, reasonably be expected to have a BRPI Material Adverse Effect.