Significant Party definition
Significant Party means any Guarantor or Restricted Subsidiary that would be a “significant subsidiary” as defined in Article 1, Rule 1-02 of Regulation S-X, promulgated pursuant to the Securities Act, as such regulation is in effect on the Issue Date.
Significant Party means in respect of a conduit, the conduit, each principal obligor, and each other person that performs or will perform any of the following activities if that role is material:
Significant Party means CBII, the Borrower, and Significant Subsidiaries.
Examples of Significant Party in a sentence
In addition, upon the Issuer’s exercise under Section 8.01 hereof of the option applicable to this Section 8.03 hereof, subject to the satisfaction of the conditions set forth in Section 8.04 hereof, Sections 6.01(a)(3), 6.01(a)(4), 6.01(a)(5), 6.01(a)(6) (solely with respect to any Significant Party) and 6.01(a)(7) hereof (solely with respect to any Significant Party) shall not constitute Events of Default.
More Definitions of Significant Party
Significant Party means executive officers of general manager grade or higher, and “close relatives” refers to spouse or family members in second degree
Significant Party means any Person (together with its Entity Affiliates) that owns 20% or more of the voting power of the issued and outstanding voting capital stock of the Company at any such time.
Significant Party means each of Borrower, Guarantor and Principal.
Significant Party means Borrower, Mezzanine 1 Borrower, Mezzanine 2 Borrower, Mortgage Loan Borrower and Maryland Owner.
Significant Party means Borrower, Guarantor and each SPE Entity.
Significant Party means those Persons listed on Section 1.1 of the Company Disclosure Letter, and any Affiliate of any such Person.
Significant Party means any Guarantor or Restricted Subsidiary that would be a “significant subsidiary” as defined in Article 1, Rule1-02 of Regulation S-X, promulgated pursuant to the Securities Act, as such regulation is in effect on the Issue Date.