Controlled Investment Affiliate definition

Controlled Investment Affiliate means, as to any Person, any other Person, which directly or indirectly is in control of, is controlled by, or is under common control with such Person and is organized by such Person (or any Person controlling such Person) primarily for making direct or indirect equity or debt investments in the Company and/or other companies.

Controlled Investment Affiliate means, as to any Person, any other Person that (a) directly or indirectly, is in control of, is controlled by, or is under common control with, such Person and (b) is organized by such Person primarily for the purpose of making equity or debt investments in one or more companies. For purposes of this definition, “control” of a Person means the power, directly or indirectly, to direct or cause the direction of the management and policies of such Person whether by contract or otherwise.

Controlled Investment Affiliate means, as to any person, any other person which directly or indirectly is in Control of, is Controlled by, or is under common Control with, such person and is organized by such person (or any person Controlling such person) primarily for making equity or debt investments in Holdings or its direct or indirect parent company or other portfolio companies of such person.

Examples of Controlled Investment Affiliate in a sentence

• To the Borrowers’ knowledge, there is no proposed tax assessment against any Loan Party, any Subsidiary or any Controlled Investment Affiliate that would, if made, have a Material Adverse Effect.

• The Borrowers have disclosed to the Administrative Agent and the Lenders the existence of all agreements, instruments and corporate or other restrictions to which any Loan Document Party, any Subsidiary or any Controlled Investment Affiliate is subject, and all other matters known to it, that, individually or in the aggregate, is reasonably expected to result in a Material Adverse Effect.

• To the Guarantor’s knowledge, there is no proposed tax assessment against any of the Guarantor or any Subsidiary or any Controlled Investment Affiliate that would, if made, have a Material Adverse Effect.

• Except as is not reasonably expected to have a Material Adverse Effect, each Loan Party, each Subsidiary and each Controlled Investment Affiliate owns, or possesses the right to use, all of the trademarks, service marks, trade names, copyrights, patents, patent rights, franchises, licenses and other intellectual property rights (collectively, “IP Rights”) that are reasonably necessary for the operation of their respective businesses, without conflict with the rights of any other Person.

• At the request of the Administrative Agent (but no more often than once in any 12 month period, unless an Event of Default exists or any insurance required hereunder is due to expire or has expired), each Borrower shall, and shall cause each other Loan Party, each Subsidiary and each Controlled Investment Affiliate to, deliver to the Administrative Agent a certificate of all insurance required hereunder then in force.

More Definitions of Controlled Investment Affiliate

Controlled Investment Affiliate means, as to any Person, any other Person which (i) directly or indirectly is in Control of, is Controlled by, or is under common Control with, such Person and is organized by such Person (or any Person Controlling such Person) primarily for making equity or debt investments in Holdings or other portfolio companies or (ii) is obligated pursuant to a commitment agreement to invest its capital as directed by such Person.

Controlled Investment Affiliate means, with respect to the Sponsor, any other Person that is (a) controlled by, or under common control with, the Sponsor and (b) engaged solely in the business of making equity or debt investments in the ordinary course of business. For purposes of this definition “control” means the power to direct or cause the direction of management of a Person, whether by contract or otherwise.

Controlled Investment Affiliate means, with respect to any Person, any other Person (including, without limitation, any fund or investment vehicle) that (i) directly, or indirectly through one or more intermediaries, Controls or is Controlled by or is under common Control with the Person specified and (ii) is organized primarily for the purpose of making equity or debt investments in one or more companies.

Controlled Investment Affiliate as to any Person, any other Person that (a) directly or indirectly, is in Control of, is Controlled by, or is under common Control with, such Person and (b) is organized by such Person primarily for the purpose of making equity or debt investments in one or more companies.

Controlled Investment Affiliate means, with respect to any Person, any fund or investment vehicle that (i) is organized by such Person for the purpose of making investments in one or more companies and (ii) is controlled by, or under common control with, such Person.

Controlled Investment Affiliate means, as to any future, present, or former employee, director, officer or consultant of the Guarantor and its Subsidiaries, any other Person, which directly or indirectly is in Control of, is Controlled by, or is under common Control with such Person and is organized by such Person (or any Person Controlling such Person) primarily for making direct or indirect equity investments in the Guarantor or its Subsidiaries.

Controlled Investment Affiliate means, as to any Person, any other Person, which directly or indirectly is in control of, is controlled by, or is under common control with such Person.