Permitted Fund Manager definition

Permitted Fund Manager means any Person that on the date of determination is (i) one of the entities on Exhibit C attached hereto and made a part hereof or any other nationally-recognized manager of investment funds investing in debt or equity interests relating to commercial real estate, (ii) investing through a fund with committed capital of at least $250,000,000 and (iii) not subject to a proceeding relating to the bankruptcy, insolvency, reorganization or relief of debtors.
Permitted Fund Manager means any Person that on the date of determination is not subject to a case under the Bankruptcy Code or other Creditors Rights Laws and is either (i) a nationally-recognized manager of investment funds investing in debt or equity interests, or (ii) an entity that is a Qualified Lender pursuant to clauses (ix)(A), (B), (C) or (D) of the definition thereof.
Permitted Fund Manager means any Person that on the date of determination (a) is one of the entities listed on Schedule VII or any other nationally-recognized manager of investment funds investing in debt or equity interests relating to commercial real estate, (b) is investing through a fund with committed capital of at least $1,000,000,000, (c) is not subject to a Bankruptcy Action, (d) has not been, and none of its material subsidiaries has been, subject to a Bankruptcy Action for the preceding 5 years, (e) has not been convicted and is not under current indictment for a felony or crime involving moral turpitude, (f) has not been found by a court of competent jurisdiction to have violated federal or state securities laws, and (g) is not an organized crime figure (as determined by Lender in its reasonable discretion).

Examples of Permitted Fund Manager in a sentence

  • Permitted Fund Manager: any nationally-recognized manager of investment funds which (i) invests in debt or equity interests relating to commercial real estate, (ii) invests through a fund with committed capital of at least $250,000,000 and (iii) is not the subject of a bankruptcy proceeding.


More Definitions of Permitted Fund Manager

Permitted Fund Manager means any Person that, on the date of determination, is (i) one of the entities on Exhibit C attached hereto and made a part hereof or any other nationally-recognized manager of investment funds investing in debt or equity interests relating to commercial real estate, (ii) investing through a fund with committed capital of at least $500,000,000, (iii) not a Prohibited Person, (iv) not a Prohibited Entity and (v) not subject to a proceeding relating to the bankruptcy, insolvency, reorganization or relief of debtors.
Permitted Fund Manager means any Person that on the date of determination is (i)(a) one of the entities listed on Exhibit B, or the successor-in-interest thereto or a Person Controlling, Controlled by or under Common Control with, any such entity, or any other nationally-recognized manager of investment funds investing in debt or equity interests relating to commercial real estate or (b) an entity that is otherwise a Qualified Institutional Lender under clauses (a), (b), (c) or (d) of the definition thereof, (ii) investing through a fund with committed capital of at least $250,000,000 and (iii) not subject to a proceeding or other action, whether voluntary or involuntary, of any case arising under any existing or future law of any jurisdiction relating to bankruptcy, insolvency, reorganization or relief of debtors.
Permitted Fund Manager means any Person that on the date of determination is (i) (A) one of the entities listed on Exhibit D, or the successor in interest thereto or a Person Controlling, Controlled by or under common Control with any such entity, or any other nationally-recognized manager of investment funds investing in debt or equity interests relating to commercial real estate, (B) approved by the Rating Agencies (for the purposes of this Agreement) as a “Permitted Fund Manager”, as evidenced by Rating Agency Confirmation, or (C) an entity that is otherwise a Qualified Transferee under clause (iii)(A), (iii)(B), (iii)(C) or (iii)(D) of the definition thereof, (ii) investing through a fund with committed capital of at least $250,000,000 and (iii) not subject to a bankruptcy, insolvency or similar proceeding.
Permitted Fund Manager means any entity which is not subject to a bankruptcy proceeding and either (a) as determined by Lender has been approved from time to time by the Rating Agencies as the general partner, managing member or fund manager of a Permitted Investment Fund or (b) a nationally-recognized manager of investment funds investing in debt or equity interests relating to commercial real estate which is investing through a fund which has committed capital of at least $250,000,000.
Permitted Fund Manager means any Person which is not subject to a bankruptcy proceeding and is a nationally recognized manager of investment funds investing in debt or equity interests relating to commercial real estate which is investing through a fund which has committed capital of at least $250,000,000.
Permitted Fund Manager any nationally-recognized manager of investment funds which (i) invests in debt or equity interests relating to commercial real estate, (ii) invests through a fund with committed capital of at least $300,000,000 and (iii) is not the subject of a bankruptcy proceeding.
Permitted Fund Manager means Community Investment Corporation, an Illinois not for profit corporation, and any Person that on the date of determination is (i) a nationally-recognized manager of investment funds investing in debt or equity interests relating to commercial real estate, (ii) investing through a fund with committed capital of at least $250,000,000 and (iii) not subject to a Proceeding.