Pre-Approved List definition

Pre-Approved List means the list of assets set forth on Schedule 4 (as the same may be amended from time to time by the Borrower with the prior written consent of the Facility Agent in its sole discretion), which schedule specifies, as to each listed asset, (a) the price at which such asset may be purchased (or an agreed-upon) means of determining the price at which such asset may be purchased by the Borrower, (b) the principal balance (or related commitment) of such asset that may be purchased, (c) an agreed-upon Discount Factor for such asset (which Discount Factor may be updated in accordance with Section 2.7(b) if a Revaluation Event occurs with respect to such asset), (d) the time period during which the Borrower may purchase such asset (which, unless otherwise specified shall be 45 days); provided that, any asset that does not appear on the initial Pre-Approved List but that is thereafter approved by the Facility Agent pursuant to an Asset Approval Request will be added to the Pre-Approved List and will be eligible for purchase by the Borrower for up to 45 days after such addition, except that an asset so added to the Pre-Approved List pursuant to this clause (d) shall be removed from Schedule 4 after five (5) Business Days if the Borrower has not acquired any portion of such asset and (e) the loan type of such asset.

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Pre-Approved List means a list of institutions agreed in writing between GII and the Mandated Lead Arrangers and set forth in Appendix 3 to the Commitment Letter.

Pre-Approved List has the meaning set forth in Section 2(c) hereof.

Examples of Pre-Approved List in a sentence

Other than as set forth in the Pre-Approved List, Landlord may refuse to use any architects, consultants, contractors, subcontractors or material suppliers that Landlord reasonably believes could cause labor disharmony.
If Tenant desires to utilize an architect, engineer, consultant, designer, general contractor or major subcontractor that is not included on the Pre-Approved List, Tenant shall obtain Landlord approval (which approval Landlord shall not unreasonably withhold, condition or delay) prior to engaging such design professional, consultant or contractor.
Tenant shall, in making any such Alterations, use only those architects, contractors, suppliers and mechanics of which Landlord has given prior written approval, which approval shall be in Landlord’s sole and absolute discretion or which are included on the Pre-Approved List (as defined in the Work Letter).
The Company shall provide the Pre-Approved List to the Principal Stockholders promptly (and in no event later than two (2) Business Days) following the receipt of a notice from a Principal Stockholder pursuant to the first sentence of this Section 2(c).

More Definitions of Pre-Approved List

Pre-Approved List means the list of assets set forth on Schedule 4 (as the same may be amended from time to time by the Borrower with the prior written consent of the Facility Agent in its sole discretion), which schedule specifies, as to each listed asset, (a) the price at which such asset may be purchased (or an agreed-upon) means of determining the price at which such asset may be purchased by the Borrower, (b) the principal balance (or related commitment) of such asset that may be purchased, (c) an agreed-upon Discount Factor for such asset (which Discount Factor may be updated in accordance with Section 2.7(b) if a Revaluation Event occurs with respect to such asset), (d) the time period during which the Borrower may purchase such asset (which, unless otherwise specified shall be 45 days); provided that, any asset that does not appear on the initial Pre-Approved List but that is thereafter approved by the Facility Agent pursuant to an Asset Approval Request will be added to the Pre-Approved List and will be eligible for purchase by the Borrower for up to 45 days after such addition, except that an asset Obligor’s last quarter annualized Revenue is less than $20,000,000 calculated using the most recent financial information of such Obligor received by the Borrower (or otherwise available to the Borrower with respect to such Obligor) or (iii) the related Obligor breaches any financial covenant in the related Underlying Documents; provided that the Facility Agent may, with the reasonable consent of the Borrower, include custom revaluation events other than those included in the definition of “Revaluation Event” as a condition of its approval of any Collateral Obligation, as noted in the related Approval Notice.