HPS Entities definition
Examples of HPS Entities in a sentence
Subject to the first sentence of this Section 3, the Collateral Manager may take into consideration all factors it deems relevant, including, without limitation, price, size of the transaction, nature of the market for such obligation, time constraints of the transaction, general market trends, reputation and experience of the broker-dealer involved and research and other brokerage services furnished to the HPS Entities by brokers and dealers which are not Affiliates of the HPS Entities.
The HPS Entities will be free, in their sole discretion, to make recommendations to others, or effect transactions on behalf of itself or for others, which may be the same as or different from those effected on behalf of the Issuer.
The HPS Entities may engage in other businesses and render services of any kind to the Issuer and its Affiliates, the Trustee, the Holders or any other Person or entity.
Such services may be used by the HPS Entities in connection with its other advisory activities or investment operations.
It is understood that, to the extent permitted by Section 5 hereof, the HPS Entities, and any officer, director, stockholder, or employee of an HPS Entity or any member of their families or a Person advised by an HPS Entity may have an interest in securities of the same kind or class, or securities of a different kind or class of the same issuer, as those whose purchase or sale the Collateral Manager may direct hereunder.
For the avoidance of doubt, the Collateral Manager is authorized to cause the Issuer to purchase investments from, or sell investments to, one of more funds and accounts advised by the HPS Entities, subject to its internal policies and procedures.