Parent SPE definition

Parent SPE means OP SPE Holdco, LLC, a Delaware limited liability company.
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Parent SPE means Starwood Waypoint Pledgor, LLC, which (i) wholly and directly owns the Borrower Pledged Equity which has been delivered to Administrative Agent in accordance with the terms hereof and (ii) is a Special Purpose Entity.
Sample 1
Parent SPE means a Special Purpose Entity that owns all of the outstanding equity interests in a Property SPE and no other assets. Dated: 7/1/2003 Amended: 7/24/2003
Sample 1

Examples of Parent SPE in a sentence

  • None of Borrowers, Parent Borrower nor Parent SPE shall: (i) make any advance, loan, extension of credit or capital contribution to, or purchase any stock, bonds, notes, debentures or other securities of or any assets constituting a business unit of, or make any other investment in (any of the foregoing, an “Investment”), any Person; or (ii) form any Subsidiaries (other than formation of any Subsidiary which is a Borrower hereunder and joined to this Loan Agreement pursuant to Section 2.12 hereof).

  • Each Borrower shall ensure that neither the Equity Interests of such Borrower or Parent SPE nor any property or assets of Borrower or Parent SPE are pledged to any Person other than Lender (or a Mezzanine Lender pursuant to any Mezzanine Financing Facility).

  • Each Borrower shall ensure that all Equity Interests of such Borrower shall continue to be owned by Parent SPE or Parent Borrower, as applicable.

  • If any sums of money or property so paid or distributed in respect of the Pledged Equity shall be received by a Borrower, Parent Borrower or Parent SPE, as applicable, such Borrower, Parent Borrower or Parent SPE, as applicable, shall, until such money or property is paid or delivered to Lender as required hereunder, hold such money or property in trust for Lender.

  • Borrower shall ensure that all Equity Interests of Borrower shall continue to be owned by Parent SPE.

  • This Loan Agreement is the result of negotiations among, and has been reviewed by counsel to, Calculation Agent, Paying Agent, Lender, Borrowers, Parent Borrower, Parent SPE and Guarantor, and is the product of all parties.

  • Parent Borrower is a Special Purpose Entity wholly owned by Parent SPE.

  • Each Borrower and Parent SPE is in compliance with the requirements of Section 12.

  • All Hobbs High School activities are sanctioned by the Hobbs Municipal Schools Board of Education.

  • Neither Parent SPE nor any of its Subsidiaries has conducted any business, incurred any Indebtedness, or incurred any other liabilities except for ordinary course obligations incurred in anticipation of this Loan Agreement, and Borrower has owned no property other than its Equity Interests in each Eligible Property Owner.


More Definitions of Parent SPE

Parent SPE means ChoicePoint Capital Inc., a Delaware corporation, and its successors.
Sample 1

Related to Parent SPE

  • Effective Time has the meaning set forth in Section 2.2.

  • Buyer Closing Certificate has the meaning set forth in Section 7.03(d).

  • Parent Disclosure Schedule means the disclosure schedule dated the date hereof regarding this Agreement that has been provided by Parent to the Company.

  • Merger Sub 1 has the meaning set forth in the Preamble.

  • Merger Effective Time shall have the meaning assigned to the term “Effective Time” in the Merger Agreement.

  • Merger Sub 2 shall have the meaning given in the Recitals hereto.

  • Seller Closing Certificate has the meaning set forth in Section 7.02(d).

  • Sellers Disclosure Schedule means the disclosure schedule delivered by the Sellers to the Purchaser on the date hereof.

  • Blocker has the meaning set forth in the preamble.

  • Buyer Parties means Buyer, its respective Affiliates and the former, current or future equity holders and Representatives of each of the foregoing.

  • Reasonable and prudent parent standard means the

  • Merger Sub has the meaning set forth in the Preamble.

  • Seller Parent has the meaning set forth in the Preamble.

  • Specified Merger Agreement Representations such of the representations made by the Target with respect to the Target and its Subsidiaries in the Merger Agreement as are material to the interests of the Lenders and the Joint Bookrunners (in their capacities as such), but only to the extent that the Borrower (or its Affiliates) has the right to terminate the Borrower’s (or such Affiliate’s) obligations under the Merger Agreement or the right to decline to consummate the Merger as a result of a breach of such representations in the Merger Agreement.

  • Buyer Group has the meaning set forth in Section 15.1.

  • Buyer Disclosure Schedule means the disclosure schedule of Buyer referred to in, and delivered pursuant to, this Agreement.

  • Seller Parties has the meaning set forth in the preamble to this Agreement.

  • Parent Parties has the meaning set forth in ARTICLE V.

  • MergerCo has the meaning set forth in the Preamble.

  • Seller's Closing Certificate means the certificate of Seller in the form of Exhibit C attached hereto.

  • Parent Disclosure Letter means the disclosure letter delivered by Parent to the Company in connection with, and upon the execution of, this Agreement.

  • Other Sellers shall have the meaning set forth in Section 10.4.

  • Company Disclosure Schedule means the disclosure schedule of the Company referred to in, and delivered pursuant to, this Agreement.

  • Parent means a “parent corporation,” whether now or hereafter existing, as defined in Section 424(e) of the Code.

  • Non-profit organization means: (1) a governmental entity of the state of California; or (2) a legal entity that is tax exempt under Internal Revenue Code section 501(c)(3) and California Revenue and Taxation Code section 23701d.

  • Non-profit making companies means companies set up under the Companies Act, 1956/Companies Act 2013.