Dead Deal definition
Examples of Dead Deal in a sentence
For the avoidance of doubt, neither the Venture nor any Entity in which the Venture owns a direct or indirect interest (including a Subsidiary REIT or an Entity in which the Venture owns a direct or indirect interest that itself holds a direct or indirect interest in a Project) shall pay or reimburse BHMF Member or its Affiliates for any Dead Deal Costs or for any Non‑Reimbursable Expenses, which costs and expenses are solely for the account of BHMF GP.
In the event the transactions contemplated by this Agreement are not consummated (other than on account of a Bank Condition Failure), the Purchasers agree that the Dead Deal Reimbursement Amount will be allocated (a) 75.00% to EIG Redwood Debt Aggregator, LP and (b) 25.00% to Anchorage Capital Partners, L.P. and ACMO BBEP, L.P.
For the avoidance of doubt, neither the Partnership nor any Entity in which the Partnership owns a direct or indirect interest (including a Venture, a Subsidiary REIT, or an entity in which the Partnership owns a direct or indirect interest that itself holds a direct or indirect interest in a Project) shall pay or reimburse BHMF GP or its Affiliates for any Dead Deal Costs or for any Non‑Reimbursable Expenses, which costs and expenses are solely for the account of BHMF GP.
In the event the transactions contemplated by this Agreement are not consummated (other than on account of a Bank Condition Failure), the Purchasers agree that the Dead Deal Reimbursement Amount will be allocated (i) 75.00% to EIG Redwood Debt Aggregator, LP and (ii) 25.00% to Anchorage Capital Partners, L.P. and ACMO BBEP, L.P. If the foregoing correctly sets forth the agreement among the Breitburn Parties and the Purchasers, please indicate your acceptance in the space provided for that purpose below.