CM Affiliate definition
Examples of CM Affiliate in a sentence
The Borrower also may not purchase a Portfolio Asset if a person that is affiliated with, controlled by or managed by the Collateral Manager (a "CM Affiliate") acted as an underwriter, placement agent, arranger, negotiator or structurer in connection with the negotiation, structuring, marketing, underwriting, placement, issuance or origination of a Portfolio Asset unless the Portfolio Asset is either a Seasoned Portfolio Asset or an Armslength Portfolio Asset.
No CM Affiliate is an affiliate of or controls the obligor, or advises it on other matters.
The CM Parties hereby assume all liabilities of LMC, LMI and their respective Affiliates to pay any compensation that is or may become payable pursuant to the terms of the Ancillary Documents resulting from any action by CM or any other CM Affiliate.
CM and each applicable Supplier shall notify Cisco BV promptly in the event (i) there is a change in ownership representing [ * ] or more of the equity ownership of any Supplier, (ii) any Supplier closes or relocates a United States site, or (iii) any Supplier or other CM Affiliate opens a new United States site.
The CM Affiliate will post cash collateral to secure the Lending Facility.
The Initial Purchaser or an Affiliate of the Initial Purchaser may in the future provide a lending facility (the “Lending Facility”) to an Affiliate of the Collateral Manager (the “CM Affiliate”) pursuant to which the Initial Purchaser or its Affiliate may purchase Trust Preferred Securities identified by the CM Affiliate, a portion of which Trust Preferred Securities may, from time to time, be sold to the Issuer.
Each Signing Affiliate will be deemed to be party to this PPA upon its execution of this PPA and the failure of one CM Affiliate to execute this PPA shall not affect the contractual relationship between Cisco BV and each Supplier who has executed this PPA.