Specified Person definition
Examples of Specified Person in a sentence
The General Partner may also assign its rights, obligations, responsibilities and interests in, or arising under, this Agreement (in whole or in part) to any Person or Persons upon the prior consent of a Majority in Interest or any Specified Person.
Within two (2) Business Days of a Specified Person becoming aware of the existence of any condition or event which constitutes an Event of Default or a Potential Default, the Credit Parties shall furnish to the Administrative Agent a written notice specifying the nature and period of existence thereof and the action which such Credit Party is taking or proposes to take with respect thereto.
Each Unitholder is deemed to have consented to the submission to a Specified Person of any consent otherwise required of the Partnership.
There is no fact known to any Specified Person that has not been disclosed by a Credit Party to the Administrative Agent in writing which would reasonably be expected to have a Material Adverse Effect.
No Credit Party nor any of its Subsidiaries, and, to the knowledge of any Specified Person, no director, officer, employee or agent of any Credit Party or any Subsidiary of a Credit Party (a) is in material violation of (i) any applicable Sanctions or (ii) the Patriot Act or (b) is a Sanctioned Person.