PSP Fund definition

PSP Fund means Paine Schwartz Food Chain Fund V, L.P.
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PSP Fund means the fund established under State Government Order No. UDD 40 PRJ 2006, Bangalore, dated 26.05.2006 for the purpose of safeguarding contractors under PSP schemes in case of clients’ (ULBs’) default;
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PSP Fund means the Persons that have committed to provide financing pursuant to the Equity Commitment Letter as so amended, supplemented, modified or replaced, and references to "Financing" shall include the financing contemplated by the Equity Commitment Letter as so amended, supplemented, modified or replaced. The Investor shall provide the Company prompt notice upon receiving written notice or a written communication in respect of, or otherwise obtaining knowledge of, any breach, default, repudiation, cancellation or termination by the PSP Fund of the Equity Commitment Letter.
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Examples of PSP Fund in a sentence

  • As of the date hereof, the Investor has delivered to the Company a true, complete and correct copy of the Equity Commitment Letter from the PSP Fund pursuant to which the PSP Fund has agreed, subject only to the terms and conditions thereof, to invest in Investor the amounts set forth therein (the "Financing").

  • The Investor and the PSP Fund shall not be required to comply with the advance notice provisions generally applicable to the nomination of directors by the Company so long as the Investor or the PSP Fund provide reasonable advance notice to the Company of the Investor Director Designees prior to the mailing of the Proxy Statement by the Company (provided, that the Company shall provide reasonable advance notice to the Investor and the PSP Fund of the expected mailing date).

  • At any time thereafter, at the written request of the Board, each Investor Director shall immediately resign, and the PSP Fund shall cause each Investor Director immediately to resign.

  • No event has occurred which, with or without notice, lapse of time or both, would or would reasonably be expected to constitute a default or breach on the part of the Investor or the PSP Fund under the Equity Commitment Letter.

  • Except as expressly set forth in this Agreement or the Equity Commitment Letter, there are no conditions precedent to the obligations of the PSP Fund to provide the Financing.

  • The identities of the resigning Investor Directors shall be specified by the PSP Fund (or, if the PSP Fund fails to do so within ten (10) days after having been provided with such written request, by the Board).

  • Notwithstanding anything to the contrary set forth herein, in no event shall the Investor consent to or permit (including by amendment, waiver or otherwise) any assignment, reduction or novation of any commitment of the PSP Fund under the Equity Commitment Letter except as expressly provided therein.

  • For the avoidance of doubt, failure of the stockholders of the Company to elect any Investor Director Designee to the Board shall not affect the right of the Investor or the PSP Fund to nominate directors for election pursuant to this Section 5.13 in any future election of directors.

  • For the avoidance of doubt, neither the Investor, the PSP Fund, nor any other Person shall have any approval rights pursuant to this Section 5.06(a) unless and until the Second Closing occurs.

  • The PSP Fund is an intended third party beneficiary of Section 5.06, Section 5.13 and Section 5.20.


More Definitions of PSP Fund

PSP Fund means ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Food Chain Fund V, L.P.
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