CLO Manager definition
Examples of CLO Manager in a sentence
It is intended that the Issuer will periodically securitise these loans into Issuer CLOs managed by DFME (or any affiliate) in its capacity as the CLO Manager.
DFME or any affiliate (in its capacity as the CLO Manager) will manage the Issuer CLOs. In consideration of the Issuer’s role in originating these CLOs, DFME will rebate up to 20 per cent.
It is the Issuer’s intention that the portfolios of senior secured loans or other assets and CLO Income Notes will be actively managed (by the Issuer or the CLO Manager, as the case may be) to minimise default risk and potential loss through comprehensive credit analysis performed by the Issuer (including via the service support provided to it under the Portfolio Service Support Agreement) or the CLO Manager (as applicable).
If the CLO Manager were to perform its duties in a manner which was considered favourable to the interests of the Other Notes, this may have a material adverse effect on the performance of the Issuer due to a lower relative return on its investment in Issuer CLO Income Notes and/or the market price of the Notes may be adversely affected.
If Blackstone Affiliates or Other Accounts were to purchase any Issuer CLO Income Notes or Other Notes, DFME may face a conflict of interest in the performance of its duties as the CLO Manager because of the conflicting interests of the holders of the Issuer CLO Income Notes or Other Notes held by Blackstone Affiliates or Other Accounts.
When making such investments, the CLO Manager may have conflicting interests.
The CLO Manager will seek to identify and actively manage assets which meet those criteria and limits within each CLO.
BY: CVP CLO Manager, LLC as Investment Manager By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇ Title: Partner By: Name: Title: Signature Page to First Amendment to Credit Agreement 108 LENDERS: Cent CLO 23 Limited By: Columbia Management Investment Advisers, LLC As Collateral Manager By: /s/ ▇▇▇▇▇▇ ▇.