PE Fund definition
Examples of PE Fund in a sentence
As noted previously, we acquired several private funds (Lenox PE Fund I, LLC, Lenox Blue Chip, LLC, and Lenox HPE, LLC (each a “Fund” and collectively the “Funds”) as a result of our acquisition of Lenox Wealth Management Inc.
The Buyer is jointly owned by the CITIC PE Fund and another party, which will indirectly acquire from the Seller the 26% equity interest in the Target.
No Governmental Authorization or other third party consent is required to be made or obtained by the PE Fund, Newco, Bidco or any of their Affiliates prior to the Closing in connection with: (a) the entering into of this Agreement by the PE Fund, Newco and Bidco, (b) the performance by the PE Fund, Newco and Bidco of their obligations hereunder, or (c) the consummation of any of the transactions contemplated hereby.
There is no material fact concerning Borrower or, to Borrower’s knowledge, Acquisition SPV the PMF or any PE Fund that Borrower has not disclosed to Lender in writing which would reasonably be expected to result in a Material Adverse Effect.
The PE Fund shall negotiate in good faith, on behalf of Newco, with the Banks definitive financing and security agreements (collectively the “Definitive Financing Agreements”) reflecting substantially the terms and conditions set forth in the term sheets with respect to the Bank Loans copies of which are set forth in Schedule 5.1 (the “Financing Term Sheets”).
Neither the PE Fund nor Newco nor Bidco nor ▇▇▇▇▇▇ Limited nor ▇▇▇▇▇▇ Europe shall bear any liability whatsoever to the Family Sellers in respect of such payments to, and by, the Families’ Agents, for and on behalf of the Family Sellers.
The firm acquired several private funds (Lenox PE Fund I, LLC, Lenox Blue Chip, LLC, and Lenox HPE, LLC (each a “Fund” and collectively the “Funds”) as a result of our acquisition of Lenox Wealth Management.
Each of the Borrower and its respective employees, agents and Subsidiaries (other than MVC PE Fund) shall, acting as trustee for Agent, receive, as the property of Borrower, any monies, checks, notes, drafts or any other payment relating to and/or proceeds of Debt Investments, Equity Interests or other Collateral which come into its possession or under its control and promptly upon receipt thereof, shall deposit or cause the same to be deposited in the Borrower’s Deposit Account maintained with the Agent.
The PE Fund, Newco and Bidco shall not bear any liability whatsoever to the Sellers in respect of such negotiating with the Banks.
Each Families’ Agents or his successors may at any time notify ▇▇▇▇▇▇ Europe, the PE Fund and the Family Sellers that he does not wish to continue to act as agent for all or part of the Family Sellers it represents, provided, however, that the termination of a Families’ Agent’s appointment will not be effective vis-à-vis the PE Fund or ▇▇▇▇▇▇ Europe unless and until a new Person is designated as the Families’ Agent by the relevant Family Sellers under this Agreement.