Excepted Persons definition
Excepted Persons. The meaning specified in Section 12.13(a).
Excepted Persons has the meaning assigned to that term in Section 10.10(a).
Excepted Persons. Defined in Subsection 13.13(a).
Examples of Excepted Persons in a sentence
Any transfer of Shares, options, warrants or other securities convertible into Shares that would create a direct or indirect beneficial owner of Excess Shares other than any of the Excepted Persons shall be deemed void ab initio and the intended transferee shall be deemed never to have an interest therein.
More Definitions of Excepted Persons
Excepted Persons. Defined in Subsection 13.13(a) of this Agreement.
Excepted Persons is defined in Section 6.9.
Excepted Persons has the meaning set forth in Section 24.1.
Excepted Persons means any one or more of the following: (i) ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ or any affiliate of ▇▇▇▇▇ ▇. ▇▇▇▇▇▇, (ii) any spouse, sibling or lineal descendant of ▇▇▇▇▇ ▇. ▇▇▇▇▇▇, or any of their spouses, siblings or lineal descendants, or (iii) any trust, corporation or other entity set up for the primary benefit of, or majority owned or otherwise controlled by, any of the persons or entities described in the foregoing clauses (i) or (ii).
Excepted Persons has the meaning assigned to that term in Section 11.13(a). “Excess Concentration Amount” means with respect to all Eligible Loan Assets included in the Collateral Portfolio, the sum of the Adjusted Borrowing Value of such Eligible Loan Assets in excess of the Concentration Limits, calculated without duplication and after giving effect to any addition or removal of any Loan Asset as of the date of determination.
Excepted Persons has the meaning assigned to that term in Section 12.12(a). “Excess Concentration Amount” means, as of any date of determination, with respect to all Loansany Eligible Loan Asset included in the Collateral Portfolio, the amount by which the sumAdjusted Borrowing Value (without giving effect to clause (ii) of the Outstanding Balancedefinition thereof) of such LoansEligible Loan Asset exceeds any applicable Concentration Limitations, to be calculated without duplication, after giving effect to any sales, purchases or substitutions of Loans as of such date; provided that with respect to any Eligible Loan Asset or portion thereof, if more than one Concentration Limitation would be exceeded, the Concentration Limitation that would result in the highest Excess Concentration Amount shall be used to determine the Excess Concentration Amount. “Excess Interest Collections” means, at any time of determination, the excess of (1) amounts then on deposit in the Controlled Accounts representing Interest Proceeds over (2) the projected amount required to be paid pursuant to Section 2.04(a) and (b) on the next Payment Date or the Facility Maturity Date, as applicable, in each case, as determined by the Borrower in good faith and in a commercially reasonable manner. “Exchange Act” means the United States Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder. “Excluded Amounts” means (a) any amount received in the Collection Account with respect to any Loan included as part of the Collateral Portfolio, which amount is attributable to the payment of any Tax, fee or other charge imposed by any Governmental Authority on such Loan or on any Underlying Collateral, or (b) any amount received in the Collection Account or other Controlled Account representing (i) a reimbursement of insurance premiums, (ii) any
Excepted Persons. The meaning specified in Section 12.13(a). USActive 58384645.1158384645.12