Main Fund definition
Examples of Main Fund in a sentence
Each Borrower in the applicable Fund Group hereby irrevocably appoints the applicable Main Fund in such Fund Group as the borrowing agent and attorney-in-fact for all Borrowers in such Fund Group which appointment shall remain in full force and effect unless and until the Administrative Agent shall have received prior written notice signed by each Borrower that such appointment has been revoked and that another Borrower has been appointed other than the applicable Main Fund.
Each Member acknowledges and agrees that none of the incurrence of indebtedness by the Co-Investment Fund pursuant to Section 3.8 of this Agreement or by the Co-Investment Fund pursuant to Section 3.8 of the Co-Investment Fund Agreement, the operation of Section 6.8.2(c) of each of the Main Fund Agreement and the Parallel Fund Agreement, or any other provisions or arrangements specifically contemplated by this Agreement or the Co-Investment Fund Agreement shall be deemed to violate this Section 7.1.
CF LLC shall conduct all of its business, including, without limitation, the acquisition, holding, and disposition of the Co-Investment and any other investments, in compliance with the provisions of Article 7 of each of the Co-Investment Fund Agreement, the Main Fund Agreement, and the Parallel Fund Agreement.
The Main Fund is hereby designated as the “Tax Matters Partner” (as defined in Section 6231(a)(7) of the Code) and in such capacity shall represent CF LLC in any disputes, controversies or proceedings with the Internal Revenue Service.
Upon closing of the IPO, (i) the Original Registration Rights Agreement shall be terminated (without any additional action on the part of any party to the Original Registration Rights Agreement) and shall be of no further force and effect and (ii) PubCo, ▇▇▇▇▇▇ Holdco, Geveran Investments, ▇▇▇▇▇▇▇▇▇ QES, Main Fund, TE Fund, and FI Fund will enter a new registration rights agreement.