Institutional Partner definition
Institutional Partner means each of the General Partner, Prospect Investments LLC, ▇▇▇▇▇▇ LLC, Sheppey Investments Limited, ▇▇▇▇▇▇ Investments Limited, or any other Affiliate of BC admitted to the Partnership as a limited partner and designated by the General Partner as an Institutional Partner.
Institutional Partner means the major non-commercial organization associated with the EVENT. The INSTITUTIONAL PARTNER for the EVENT must have received the prior approval of the RIGHTS HOLDER in order to receive this designation as well as certain MARKETING RIGHTS including visibility prior to and during the EVENT. INSTITUTIONAL PARTNER does not include GOVERNMENT PARTNERS.
Institutional Partner means any of the following types of entities (or any entity that is directly or indirectly owned or controlled by any of the following types of entities), whether domestic or foreign: (a) a commercial bank, trust company (whether acting individually or in a fiduciary capacity for another entity that constitutes an Institutional Partner), savings and loan association, savings bank, financing company or similar institution; (b) an insurance company; (c) an investment bank; (d) an employee's welfare, benefit, profit-sharing, pension or retirement trust, fund or system (whether federal, state, municipal, private or otherwise); (e) a religious, educational or eleemosynary institution or foundation; (f) a governmental agency; (g) a credit union, trust or endowment fund; (h) a hedge fund, opportunity fund or similar type of fund; (i) an entity not referred to in the foregoing provisions of this definition that is subject to supervision and regulation by the insurance or banking department of any of the United States, the Board of Governors of the Federal Reserve System, the Comptroller of the Currency, the Federal Deposit Insurance Corporation or the Federal Savings and Loan Insurance Corporation or by any successor hereafter exercising similar functions; or (j) any combination of one or more of the foregoing entities. Notwithstanding the foregoing, no entity that satisfies any of the foregoing criteria but of which Boston Properties owns at least 90% of the voting interests, owns at least 90% of the equity interests, and otherwise solely controls all aspects of the management shall constitute an Institutional Partner. Boston Properties represents and warrants to the Common Fund that, as of the date hereof, no such entity exists.
Examples of Institutional Partner in a sentence
A Limited Partner or an employee, agent, director or officer of a Limited Partner may also be an employee, agent, director or officer of the Partnership, the General Partner, the Institutional Partner, BC or any of their respective Affiliates.