Externalization definition

Externalization means that during the Term, the Company changes its management structure from an internally managed business development company to an externally managed business development company by entering into an investment advisory agreement with a third-party adviser (the “New Advisor”).
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Externalization has the meaning set forth in the Recitals to this Agreement.
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Externalization means the date on which the shareholders of the Company duly and validly approve a change in the management structure of the Company from an internally managed business development company to an externally managed business development company by approving the Company entering into an investment advisory agreement with a third-party external adviser. For the avoidance of doubt, the provisions of this Section 22.8 are applicable to the Series 2020 Notes, the Series 2022A Notes and any Additional Notes sold by the Company.
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Examples of Externalization in a sentence

  • Rand shall have delivered evidence reasonably satisfactory to East that each Rand Benefit Plan has been terminated effective as of immediately prior to the Externalization and no payments have been or will be made under such Rand Benefit Plans by Rand or any other party in connection with such termination.

  • Rand shall deliver evidence reasonably satisfactory to East that (1) each Employment Agreement has been terminated effective as of immediately prior to the Externalization and no payments have been or will be made under such Employment Agreements by Rand or any other party in connection with such termination, and (2) each Rand Employee has been terminated or otherwise resigned effective as of immediately prior to the Externalization.

  • The Company will, within fifteen Business Days after the occurrence of an Externalization, give written notice of such Externalization to each holder of Notes.

  • Following the expiration of such period with respect to a subsequent Issuer tender offer pursuant to Section 2.3(c) of the Externalization Agreement, Broker shall not purchase Shares pursuant to this Plan until Affiliated Purchaser has provided a modification in accordance with Section 9 hereof and in the form of Exhibit A hereto.

  • More fine-grained personality traits such as Social Influence (Social Potency) and Stress Immunity appeared to undergird the negative associations between Boldness and depression, whereas Blame Externalization and Carefree Nonplanfulness appeared to undergird the positive associations between Disinhibition and depression.

  • The relationship between Self-centered Impulsivity and depression appeared to be driven primarily by the PPI-R Blame Externalization subscale, which was moderately positively correlated with depression (rs ranged from 0.41 to 0.47); PPI-R Carefree Nonplanfulness was also moderately positively correlated with depression (rs ranged from 0.19 to 0.28), albeit to a lesser extent.

  • In contrast, Blame Externalization comprises alienation, reactive aggression, and projection of blame onto others (▇▇▇▇▇▇▇▇▇▇ & Widows, 2005).

  • Re-Entry and Externalization, consisting of activities designed to assist the Participant 10 with separation issues, develop appropriate community support systems, gain employment and/or enroll 11 in educational/vocational and literacy training programs, and finalize discharge plans.

  • Externalization and internalization may be performed simultaneously.

  • The Company (i) does not have a dividend policy, (ii) has not availed any loan or indebtedness, and (iii) does not have any outstanding liability (actual or contingent), other than transactions undertaken as part of the Externalization Process.

Related to Externalization

  • Nationalization means, in respect of a Share, that all such Shares or all the assets or substantially all the assets of the applicable Company are nationalized, expropriated or are otherwise required to be transferred to any governmental agency, authority or entity.

  • external wall means an outer wall of a building even though adjoining to a wall of another building and also means a wall abutting on an interior open space of a building;

  • Coordinated External Transaction means a transaction to simultaneously purchase and sell energy on either side of a CTS Enabled Interface in accordance with the procedures of Operating Agreement, Schedule 1, section 1.13, and the parallel provisions of Tariff, Attachment K- Appendix.

  • Divestiture means any transaction or event that the Board specifies as a Divestiture under Section 10.5.

  • External TRAINEEs employed in a program six (6) months or longer in duration and who work half-time or more shall be eligible for Health and Life Insurance benefits unless a separate plan has been negotiated with the UNION.