Knowledgeable Employee definition
Examples of Knowledgeable Employee in a sentence
Except as otherwise indicated to the General Partner in writing, such Partner is a “Knowledgeable Employee,” as such term is defined in Rule 3c-5 under the Investment Company Act of 1940, as amended, unless such Partner has notified the Partnership in writing prior to such Partner’s admission to the Partnership as a partner that such Partner is not a Knowledgeable Employee.
Except as set forth in Schedule 3.23 of the JJMA Disclosure Schedules, no JJMA Knowledgeable Employee or any Related Person of any JJMA Knowledgeable Employee, presently has or within the past three (3) years has had, any interest in any Assets, used in or pertaining to JJMA’s businesses, been a party to any transaction with JJMA including any Contract, arrangement or other commitment.
No JJMA Knowledgeable Employee nor any Related Person of any JJMA Knowledgeable Employee, owns, or within the past three (3) years has owned, (of record or as a beneficial owner) an equity interest or any other financial or profit interest in, a Person that has had material business dealings or a material financial interest in any transaction with JJMA.
To the Knowledge of the Company, no officer or other Knowledgeable Employee of the Company or its sole Subsidiary is subject to any order, writ, injunction, judgment or decree that prohibits such officer or employee from engaging in or continuing any conduct, activity or practice relating to the business of the Company or its sole Subsidiary or to any material assets owned or used by the Company or its sole Subsidiary.
Any transfer of a Subordinated Note to an Accredited Investor who is also a Knowledgeable Employee, or to an entity owned exclusively by Accredited Investors that are Knowledgeable Employees, may be made only with the prior written authorization of the Collateral Manager (acting on behalf of the Issuer).