Third Party Purchaser definition

Third Party Purchaser means any Person who, immediately prior to the contemplated transaction, (a) does not directly or indirectly own or have the right to acquire any outstanding Common Stock or (b) is not a Permitted Transferee of any Person who directly or indirectly owns or has the right to acquire any Common Stock.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Third Party Purchaser has the meaning set forth in Section 3.1(a).

Third Party Purchaser means the Third Party Purchaser as defined in Paragraph 21 (f).

Examples of Third Party Purchaser in a sentence

• If at any time a sub-servicer is a “servicer” as contemplated by Item 1108(a)(2) of Regulation AB and is a Risk Retention Affiliate of the Third-Party Purchaser, the Trustee, the Servicer or the Special Servicer, as applicable and to the extent it has actual knowledge of such affiliation, shall terminate such sub-servicer in accordance with clause (c) above.

• Any notice from the Third-Party Purchaser to the Retaining Sponsor requesting the Retaining Sponsor’s consent for such release shall be delivered in writing via certified mail with a return receipt or confirmation by a reputable national overnight delivery service that the same has been delivered, with the following notation in such notice “IMMEDIATE RESPONSE TO THIS APPROVAL REQUEST REQUIRED WITHIN TEN (10) BUSINESS DAYS FROM RECEIPT.

• In addition, on and after the date hereof, the Certificate Administrator may establish any number of subaccounts to the Third-Party Purchaser Safekeeping Account for the Retaining Party.

• The parties to this Agreement, absent actual knowledge to the contrary, may conclusively rely upon a representation of any initial sub-servicer that such sub-servicer is not, to its actual knowledge, a Risk Retention Affiliate of the Third-Party Purchaser.

• Notwithstanding anything to the contrary, the provisions of this Section 5.2(e) shall only apply while the Certificate Administrator holds a Definitive Certificate evidencing the Class HRR Certificates in the Third-Party Purchaser Safekeeping Account.

More Definitions of Third Party Purchaser

Third Party Purchaser shall have the meaning set forth in Section 8.1 hereof.

Third Party Purchaser. Any “third-party purchaser” or “subsequent third-party purchaser” (each within the meaning of Regulation RR) that holds, or a “majority-owned affiliate” (under Regulation RR) of which holds, some or all of the HRR Interest in accordance with this Agreement and applicable laws and regulations; provided that if there are multiple such parties with respect to the HRR Interest then “Third Party Purchaser” shall mean, individually and collectively, those multiple parties. Commencing on the Closing Date, Eightfold Real Estate Capital Fund V, L.P. shall be the initial Third Party Purchaser.

Third Party Purchaser means any Person or group of Persons, none of whom is, immediately prior to the subject transaction, TowerBrook, Ascension, a TB/AS Co-Investment Vehicle, or any Affiliate thereof.

Third Party Purchaser shall have the meaning set forth in Section 18.1.

Third Party Purchaser. Any Person that purchases the HRR Interest in accordance with this Agreement and applicable laws and regulations; provided that if there are multiple Holders of the HRR Interest then “Third Party Purchaser” shall mean, individually and collectively, those multiple Holders.

Third Party Purchaser has the meaning set forth in Section 3.1(a) of this Agreement.

Third Party Purchaser. Any Person who is not the Servicer, the Sponsor or the Depositor, an Affiliate of the Servicer, the Sponsor or the Depositor or any of their respective officers, directors, employees, agents or representatives.