Participations definition

Participations shall have the meaning set forth in Section 13.1 hereof.

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Participations means participation interests in the Loan Documents granted by the Lender.

Participations shall have the meaning specified in subsection 2.06(a)(ii).

Examples of Participations in a sentence

• Damages Waiver 172174 Section 12.6. Successors and Assigns; Participations and Assignments 174177 Section 12.7. Adjustments; Set-off; Payments Set Aside 179182 Section 12.8. Executed Agreement; Australian Counterparts 181184 Section 12.9. Severability 181184 Section 12.10.

• The Seller shall do or cause to be done, all things necessary to preserve and keep in full force and effect its existence, its material rights and its material privileges, obligations, licenses and franchises for so long as any Participations remain outstanding pursuant to Section 2.4.

• Such sale of the Participations shall be without recourse to the Seller (including with regard to collectability), and shall constitute an absolute sale of each such Participation.

• The Participations will not include any rights that are not permitted to be participated pursuant to the terms of the underlying instruments.

More Definitions of Participations

Participations has the meaning specified in Section 11.6(c) hereof.

Participations means the units in which the rights of the Participants to the Fund Estate have been divided, each Participation representing an equal interest in the Fund Estate without priority or preference one over the other;

Participations. Participation interests in a loan that, at the time of acquisition, or the Issuer's commitment to acquire the same, satisfies each of the following criteria: (i) such loan would constitute an Underlying Asset were it acquired directly, (ii) the seller of the participation is the lender on the loan, (iii) the aggregate participation in the loan does not exceed the principal amount or commitment of such loan, (iv) such participation does not grant, in the aggregate, to the participant in such participation a greater interest than the seller holds in the loan or commitment that is the subject of the participation, (v) the entire purchase price for such participation is paid in full at the time of its acquisition (or, in the case of a participation in a Revolving Credit Facility or Delayed-Draw Loan, at the time of the funding of such loan) and (vi) the participation provides the participant all of the economic benefit and risk of the whole or part of the loan or commitment that is the subject of the loan participation. For the avoidance of doubt, a Participation shall not include a sub participation interest in any loan.

Participations. Participations acquired by the Seller in all or a portion of a loan obligation held by a Selling Institution.

Participations. The Bank shall have the unrestricted right at any -------------- time and from time to time, and without the consent of or notice to Company, to grant to one or more banks or other financial institutions (each, a "Participant") participating interests in the Bank's obligation to lend hereunder and/or any or all of the loans held by the Bank hereunder. In the event of any such grant by the Bank of a participating interest to a Participant, whether or not upon notice to the Company, the Bank shall remain responsible for the performance of its obligations hereunder and the Company shall continue to deal solely and directly with the Bank in connection with the Bank's rights and obligations hereunder. The Bank may furnish any information concerning the Company in its possession from time to time to prospective Participants, provided that the Bank shall require any such prospective Participant to agree in writing to maintain the confidentiality of such information.

Participations means, with respect to any Film, all amounts (whether described as a deferment, a gross participation or otherwise) which any Entertainment Company may be contractually obligated to pay to any person, for rights or services in connection with any Film and which are based on or dependent on all or any percentage of the proceeds of the Film (irrespective of the manner in which such proceeds are defined or computed), including royalties, residuals and guild payments, whether or not such payment has then become due or been made.

Participations means the interests of the Participating Lenders in the Facility.