Financial Sponsor definition

Financial Sponsor means any Person, including any Subsidiary of such Person, whose principal business activity is acquiring, holding, and selling investments (including controlling interests) in otherwise unrelated companies that each are distinct legal entities with separate management, books and records and bank accounts, whose operations are not integrated with one another and whose financial condition and creditworthiness are independent of the other companies so owned by such Person.
Financial Sponsor means a person, organization or other entity, approved by the administrator, that is responsi- ble for payment of all or a designated portion of the monthly premiums on behalf of a subscriber and any dependents.
Financial Sponsor means any Person, including any Subsidiary of such Person, whose principal business activity is acquiring, holding, and selling investments (including controlling interests) in otherwise unrelated companies that each are distinct legal entities with separate management, books and records and bank accounts, whose operations are not integrated with one another and whose financial condition and creditworthiness are independent of the other companies so owned by such Person. For the avoidance of doubt, each of GSO Capital Partners LP and The Blackstone Group L.P. and their respective Affiliates, investment funds and investment vehicles controlled, managed or advised, directly or indirectly, by GSO Capital Partners LP, The Blackstone Group L.P. or any of their respective Affiliates shall be deemed to be a Financial Sponsor.

Examples of Financial Sponsor in a sentence

  • The Student is responsible for payment of the Tuition Fees even if the Student has arranged for a Financial Sponsor to pay these on his or her behalf.

  • If a Financial Sponsor is paying the Tuition Fees on behalf of the Student, the Student must ensure that the Financial Sponsor is made aware of these Terms and Conditions before the Student accepts an offer.

  • Financial Sponsor: the individual or organisation that has agreed to pay part or all your Tuition Fees, accommodation fees and/or any Additional Costs.

  • The individual or agency that will act as the Financial Sponsor for the student must complete this form.

  • If you are providing evidence of Official Financial Sponsorship, in addition to evidence of your own personal funds, any money paid to you by your Official Financial Sponsor will not be considered as available personal funds.


More Definitions of Financial Sponsor

Financial Sponsor means any venture capital firm, private equity group or other institutional investor.
Financial Sponsor means any Person whose principal business activity is acquiring, holding, and selling investments (including controlling interests) in otherwise unrelated companies, including without limitation any Person that is a private equity fund, venture capital fund, investment fund or similar fund. In addition, a Financial Sponsor shall include any affiliated fund or any limited or general partner of such Financial Sponsor.
Financial Sponsor means any Person, including any Subsidiary of such Person, whose principal business activity is acquiring, holding, and selling investments (including controlling interests) in otherwise unrelated companies that each are distinct legal entities with separate management, books and records and bank accounts, whose operations are not integrated with one another and whose financial condition and creditworthiness are independent of the other companies so owned by such Person. “First Amendment” means that certain First Amendment to Loan and Servicing Agreement dated as of the First Amendment Effective Date, by and among the Borrower, the Servicer, the Administrative Agent, the Lender, the Account Bank, the Collateral Custodian and the Collateral Administrator. “First Amendment Effective Date” means the date on which the conditions specified in Section 3.01 of the First Amendment were satisfied (or waived in accordance with the terms thereof), which date is December 23, 2021. #153193074_v14 18
Financial Sponsor means an equity owner or other related entity providing financial support to a Proponent or Key Firm by way of guarantee or commitment to provide equity or dedicated credit facilities to support the participation by the Proponent or Key Firm in the Evergreen Line Selection Process and the Project as described in the Proponent’s Proposal.
Financial Sponsor means an equity provider or other related entity providing financial support to a Respondent or Key Firm by way of guarantee or commitment to provide equity or dedicated credit facilities to support the participation by the Respondent or Key Firm in the Project as described in the Respondent’s Response.
Financial Sponsor means an Equity Provider or other related entity providing financial support to a member, or members of the Proponent Team by way of guarantee or commitment to provide equity or dedicated credit facilities to support the participation by a member of the Proponent Team in the Project.