Sponsor Affiliate definition

Sponsor Affiliate means an entity that joins with the Company and that participates in the investment in, or financing of, the Project and which meets the requirements under the FILOT Act to be entitled to the benefits of this Fee Agreement with respect to its participation in the Project, all as set forth in Section 5.13 hereof.
Sponsor Affiliate means (i) each Affiliate of the Sponsor that is neither an operating company nor a company controlled by an operating company, (ii) each partner, officer, director, principal or member of the Sponsor or any Sponsor Affiliate and (iii) any spouse, parent or lineal descendant (including by adoption) of any of the foregoing who are natural persons and any trust for the benefit of such persons.
Sponsor Affiliate means the collective reference to any entities (other than a portfolio company) controlled directly or indirectly by the Sponsor.

Examples of Sponsor Affiliate in a sentence

  • As required by the Act, the Sponsor Affiliate agrees to be bound by the terms of this Fee Agreement insofar as such terms concern the Real Property owned by the Sponsor Affiliate which comprises the Project.

  • The Sponsor Affiliate shall not be bound by any covenants that specifically apply only to the Sponsor and the Sponsor hereby indemnifies and holds the Sponsor Affiliate harmless in connection therewith.

  • As required by the terms of section 12-44-130 of the Act, the County acknowledges and approves the Sponsor Affiliate.

  • The Sponsor Affiliate is a limited partnership organized under the laws of the State of Delaware and is qualified to conduct business in the State and has power to enter into this Fee Agreement.

  • The Sponsor Affiliate is a limited liability company organized under the laws of the State of Delaware and is qualified to conduct business in the State and has power to enter into this Fee Agreement.


More Definitions of Sponsor Affiliate

Sponsor Affiliate means an entity that joins with or is an affiliate of a sponsor and that participates in the investment in, or financing of, a project.
Sponsor Affiliate means each Affiliate of Sponsor and each individual who is a partner or employee of Sponsor.
Sponsor Affiliate means any Affiliate of the Sponsor that is not a portfolio company.
Sponsor Affiliate shall have the meaning set forth in Section 12-44-30(2) of the Act.
Sponsor Affiliate means each Sponsor, each of its Affiliates, any trust of which such Sponsor or any of its Affiliates is a trustee, any partnership of which such Sponsor or any of its Affiliates is a partner and any trust, fund or other entity which is managed by, or is under the control of, such Sponsor or any of its Affiliates provided that any such trust, fund or other entity which has been established for at least six (6) months solely for the purpose of making, purchasing or investing in loans or debt securities and which is managed or controlled independently from all other trusts, funds or other entities managed or controlled by such Sponsor or any of its Affiliates which have been established for the primary or main purpose of investing in the share capital of companies shall not constitute a Sponsor Affiliate.
Sponsor Affiliate means an entity that participates in the investment or job creation at the Project and, following receipt of the County’s approval pursuant to Section 9.1 of this Fee Agreement, joins this Fee Agreement by delivering a Joinder Agreement, the form of which is attached as Exhibit B to this Fee Agreement.
Sponsor Affiliate shall have the meaning assigned to such term in the Intercreditor Agreement.