Examples of Blackstone Representative in a sentence
The Administrative Agent shall be entitled to receive and rely upon instructions from the Blackstone Representative in connection with accepting any such Assignment and Assumption Agreement or otherwise effecting any assignment described in this section.
The Borrower shall notify the Administrative Agent and Blackstone Representative of each event giving rise to a mandatory prepayment obligation under this Section 2.5 no later than two (2) Business Days prior to the related prepayment date.
If, over any trailing twelve (12) month period (beginning on the first anniversary of the Closing Date), the maximum balance of Loans outstanding under the Facility (the “ TTM Maximum Drawn Amount”) is less than 60% of the Total Commitments, the Blackstone Representative, on behalf of the Lenders, shall have the option (with notice to the Administrative Agent) to permanently reduce the Commitments to the TTM Maximum Drawn Amount divided by 60%.
Emphasis will be placed on developing scenarios for river basins and experimenting new management approaches.
The Blackstone Representative, on behalf of the Lenders, may (with notice to the Administrative Agent) permanently reduce the unused Commitments to zero if a Temporary Stop Funding Event continues for ninety (90) days or more.