Regulated Affiliates definition
Examples of Regulated Affiliates in a sentence
The Borrower, if applicable, will, and will cause each of its Regulated Affiliates to, maintain net capital in an amount that is at least equal to 150% of Minimum Net Capital in respect of such Person.
Buyer and its Affiliates shall reasonably cooperate and consult with Seller and its Affiliates (other than Seller Regulated Affiliates) in such efforts, including the execution of, or consenting to, FPA Section 203-related applications or submissions with FERC, including any inquiries from staff, which applications or submissions shall be made as soon as practicable, but in no event later than twenty (20) Business Days after the date of this Agreement.
The Borrower will use the proceeds of the Loans solely for the purposes of (a) expansion of the brokerage business of the Borrower or its Subsidiaries, including acquisitions (by means of permitted mergers, consolidations, purchase of stock or assets or otherwise) by the Borrower or any Subsidiary of the Borrower of all or part of any brokerage business, and/or (b) investments in infrastructure necessary to expand the business of the Borrower or any of its Regulated Affiliates.
Seller and Buyer agree to, and to cause their Affiliates (in the case of Seller excluding its Regulated Affiliates) and their respective Representatives to, reasonably cooperate with each other after the Closing Date in connection with the transactions contemplated by this Agreement.