Qualified Advisor definition

Qualified Advisor means an entity which is, or is controlled by, either a reputable management company or an institutional advisor for hedge funds, private and/or public REITs, private or public pension funds, joint ventures and other investment vehicles established by the foregoing, or similar investment vehicle, which is approved by Lender (such approval not to be unreasonably withheld, conditioned or delay). In the event the management and/or control of Borrower is transferred to a Qualified Advisor as set forth above, Borrower shall pay a transfer fee to Agent in the amount of five (5) basis points of the commitment amount, together with all reasonable third party costs actually incurred by Agent (including reasonable legal fees) in documenting such transfer.
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Qualified Advisor will mean any counsel or other third party advisor or consultant who is Independent and experienced in real property transactions and investments in the locale with respect to which the advice is being sought.
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Qualified Advisor means (a) Advisor, (b) any Person controlled by a nationally recognized manager of investment funds regularly engaged in investing in equity interests relating to commercial real estate, with total assets (in name or under management) in excess of Seven Hundred Fifty Million and No/100 Dollars ($750,000,000.00) and having liquidity of not less than Twenty Million and No/100 Dollars ($20,000,000.00) and that has either (1) at least ten (10) hotels (exclusive of the Individual Properties) in name or under management or (2) has engaged (A) a Qualified Casino Operator for the Property or (B) (x) a Casino Operator with respect to the Casino Components and (y) a Manager with respect to the Hotel Components, or (c) such other Person as may be approved by Lender.
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Examples of Qualified Advisor in a sentence

  • The Qualified Advisor shall communicate with Agent and S&A Agent regarding the Implementation Plan, and prepare a written assessment of the Implementation Plan, such assessment to include any and all material deficiencies identified by the Qualified Advisor in the Implementation Plan.

  • Borrower shall deliver to Agent and S&A Agent a written implementation plan for the Billing System Conversion (the "Implementation Plan") reviewed by the Qualified Advisor (or developed by the Qualified Advisor for the purposes of implementing an industry recognized integration package provided by the Qualified Advisor).

  • Prior to the implementation of the Billing System Conversion, Borrower shall resolve any such material deficiencies identified by the Qualified Advisor.

  • Prior to the Billing System Conversion, Borrower shall employ a qualified Person, reasonably acceptable to the Lender Group (the "Qualified Advisor"), to advise Borrower with respect to the Billing System Conversion.

  • Consultant may rely upon the advice of a Qualified Advisor approved by Owner in connection with issues such as its exercise of any of Consultant's duties or obligations hereunder, how to obtain the approval of any governmental authority, etc.

  • Seller understands and acknowledges that Seller's investment in the Shares is a high risk investment, and represents and warrants to Buyer that Seller together with Seller's Qualified Advisor (if any) has carefully considered the risks of Seller's investment in the Shares and is making such investment with full knowledge and appreciation of such risks.

  • PEST CONTROL Qualified Advisor Name ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ License No: 70332 Category: PCA/ADG Qualified Applicator Name ▇▇▇▇▇▇ ▇▇▇▇▇▇ License No: QA2 98818 Category: QA2 - BC LINE ITEM DESCRIPTION QUANTITY UNIT UNIT COST ANNUAL TOTAL 1.

  • Seller acknowledges that Seller together with Seller's Qualified Advisor (if any) have been provided with or afforded reasonable access to full and fair disclosure of all material information concerning Buyer and this investment, including, without limitation, all of the same kind of information that would be required in Part I of Form S-1 under the Securities Act, to the extent deemed advisable by Seller and/or Seller's Qualified Advisor (if any) in their discretion.


More Definitions of Qualified Advisor

Qualified Advisor means a reputable third party advisor which satisfies the following conditions: (i) the proposed entity and/or entities Controlled by the proposed entity, just prior to the engagement, has real estate assets similar to the Property under management with a current market value of at least $500,000,000.00; (ii) neither the proposed entity, nor any principal, partner, member, or other entity with more than a 20% beneficial ownership interest in the proposed entity, is involved in any litigation, investigations, indictments, or convictions of any civil or criminal activities, the result of which could have a material adverse effect, nor are there any outstanding criminal convictions or material monetary judgments which could have a material adverse effect; and (iii) no prior negative borrowing history with Lender."
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Qualified Advisor means a reputable third party advisor which satisfies the following conditions: (i) the proposed entity and/or entities Controlled by the proposed entity, just prior to the engagement, has real estate assets similar to the Property under management with a current market value of at least $500,000,000.00; (ii) neither the proposed entity, nor any principal, partner, member, or other entity with more than a 20% beneficial ownership interest in the proposed entity, is involved in any litigation, investigations, indictments, or convictions of any civil or criminal activities, the result of which could have a material adverse effect, nor are there any outstanding criminal convictions or material monetary judgments which could have a material adverse effect; and (iii) no prior negative borrowing history with Lender.
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Qualified Advisor means RREEF America LLC or another reputable third party advisor which, as reasonably determined by Lender, satisfies the following conditions: (A) the proposed entity, just prior to the engagement, has real estate assets under management with a current market value of at least $500,000,000; (B) neither the proposed entity, nor any principal, partner, member, or other entity with more than a 20% beneficial ownership interest in the proposed entity, is involved in any litigation, investigations, indictments, or convictions of any civil or criminal activities, the result of which could have a Material Adverse Effect, or there are any outstanding criminal convictions or material money judgment which could have a Material Adverse Effect; (C) compliance with Lender’s Patriot Act and OFAC requirements; and (D) no prior negative borrowing history with Lender.
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Related to Qualified Advisor

  • Qualified Affiliate means an Affiliate of a Lender who has executed and delivered to the Administrative Agent an instrument of adhesion in the form set forth in Schedule J.

  • qualified auditor means a person who is qualified to be appointed as an auditor under section 198;

  • Expert Advisor means a mechanical online trading system designed to automate trading activities on an electronic trading platform such as the Company’s Trading Platform. It can be programmed to alert the Client of a trading opportunity and can also trade his Trading Account automatically managing all aspects of trading operations from sending orders directly to the Trading Platform to automatically adjusting stop loss, Trailing Stops and take profit levels.

  • Qualified accountant means a member of a professional body that is approved by ASIC in writing for the purpose of the definition. ASIC has indicated that it will approve any member of:

  • Qualified actuary means a member in good standing of the American Academy of Actuaries.