Fund Group definition

Fund Group means the Fund, ECT, EIPLP and Subsidiaries of EIPLP;
Fund Group means a group of Borrowers, Feeder Funds, Blockers and Qualified Borrowers, if applicable, as set forth as a “Fund Group” on Schedule I hereto (as supplemented, modified, amended, or restated from time to time with the consent of the applicable Borrowers and the Administrative Agent, in its sole discretion). Each Borrower, Feeder Fund, Blocker and Qualified Borrower shall only belong to one Fund Group. For the avoidance of doubt, each Loan advanced to any Borrower or Qualified Borrower in a Fund Group is subject to the absence of any Event of Default with respect to such Fund Group or Potential Default with respect to such Fund Group, and the Obligations of each applicable Borrower shall be subject to the cross-security on a joint and several basis of the other members of such Fund Group other than the Qualified Borrowers but shall not be subject to cross-default or cross-collateralization with any other Fund Group. The Obligations of any Qualified Borrower in a Fund Group shall be guaranteed only by the Borrower that designates such Qualified Borrower; provided that the Obligations of the Borrower providing such guaranty shall be cross-secured on a joint and several basis by the other Borrowers in such Fund Group. For the avoidance of doubt, additional “Fund Groups” may be added to this Credit Facility with the consent of the Administrative Agent in its sole discretion so long as (i) the Borrower with respect to such Fund Group that enters into a joinder agreement and becomes a Borrower hereto and to the other Collateral Documents and appoints a Main Fund to act on its behalf as contemplated by Section 12.22 and (ii) the entities reflected therein as Qualified Borrowers, AIV Borrowers, Parallel Borrowers, Feeder Funds or Blockers, as applicable, are added pursuant to Section 6.3, Section 6.4 and Section 6.5 hereof as applicable. As of the Closing Date, there is only one Fund Group.
Fund Group means the Fund, ECT, EIPGP, EIPLP and any other entity in which the Fund, ECT, EIPGP or EIPLP possesses, directly or indirectly, (a) the power to direct or cause the direction of the management and policies of such entity, whether through ownership of voting securities, by contract or otherwise; or (b) an ownership interest of 50% or more in such entity.

Examples of Fund Group in a sentence

  • Contractor is not entitled to membership in any City Pension Fund, Group Medical Insurance Program, Group Dental Program, Group Vision Care, Group Life Insurance Program, Deferred Income Program, vacation, sick leave, extended sick leave, or any other benefits ordinarily provided to individuals employed and paid through the regular payrolls of the City.

  • JPMorgan Trust I JPMorgan Trust II Undiscovered Managers Funds J.P. Morgan Fleming Mutual Fund Group, Inc.

  • Xxxxxxxx Title: President Lender: X.X. Xxxxxx Xxxxxxx Mutual Fund Group, Inc.

  • Parent and Subsidiary hold shares of each of the funds in the Fund Group in separate accounts established for the purpose of funding variable annuity contracts and variable life insurance policies.

  • The memorandum stated that Parent needed to file a Form 973, Corporation Claim for Deduction for Consent Dividends, with each Form 1120-RIC of each fund in the Fund Group.


More Definitions of Fund Group

Fund Group has the meaning given such term in the introduction to this Agreement.
Fund Group means a group of Borrowers, their respective Qualified Borrowers, if applicable, as set forth as a “Fund Group” on Schedule I hereto (as supplemented, modified, amended or restated from time to time with the consent of the applicable Borrowers and the Administrative Agent, in its sole discretion). Each Borrower (other than a Qualified Borrower) shall only belong to one Fund Group. For the avoidance of doubt, each Loan advanced to any Borrower or Qualified Borrower in a Fund Group is subject to the absence of any Fund Group Event of Default or Fund Group Potential Default, and the Obligations of each applicable Borrower in a Fund Group shall be subject to the cross security on a joint and several basis of only the other Borrowers of such Fund Group other than the Qualified Borrowers. The Obligations of any Qualified Borrower shall be guaranteed only by the Borrowers of the applicable Fund Group that designate such Qualified Borrower; provided that the Obligations of each Borrower in a Fund Group providing such guaranty shall be cross secured on a joint and several basis by the other Borrowers in such Fund Group. For the avoidance of doubt, additional “Fund Groups” may be added to this Credit Facility so long as the entities reflected therein are added in accordance with this Credit Agreement.
Fund Group means in respect of any shareholder that is a Fund:
Fund Group means, collectively, the Fund and its consolidated operations and their respective subsidiaries and affiliates;
Fund Group means, collectively, the Fund, the Trust, the Holding GP, the Holding Partnership, Amalco, the ULC, the LLC and their respective Affiliates;
Fund Group means LRR-A, LRR-B and LRR-C, collectively.
Fund Group means the group of Persons consisting of the General Partner and the Key Persons and their respective Affiliates. For greater certainty, the Fund does not form part of the Fund Group.