Knowledgeable Employee definition

Knowledgeable Employee means a “knowledgeable employee” with respect to the Issuer within the meaning of Rule 3c-5 under the Investment Company Act.

Knowledgeable Employee. The meaning set forth in Rule 3c-5(a)(4) promulgated under the 1940 Act.

Knowledgeable Employee means an investor who has satisfied the following conditions:

Examples of Knowledgeable Employee in a sentence

• The Committee may prevent a Participant from directing an investment to an Investment Fund in order to comply with applicable securities laws if the Participant is not a Qualified Purchaser, Knowledgeable Employee or otherwise permitted to direct an investment to an Investment Fund under the Plan.

• If, with respect to any Plan Year, a Participant changes status from a Knowledgeable Employee to a Non-Specified Employee, or vice versa, such change in status shall have no effect on the rules applicable to his Mandatory Investment Sub-Account or Discretionary Investment Sub-Account for any prior or subsequent Plan Year.

• Except as set forth in Schedule 3.23 of the JJMA Disclosure Schedules, no JJMA Knowledgeable Employee or any Related Person of any JJMA Knowledgeable Employee, presently has or within the past three (3) years has had, any interest in any Assets, used in or pertaining to JJMA’s businesses, been a party to any transaction with JJMA including any Contract, arrangement or other commitment.

• Shares issued pursuant to the exercise of your exchange right under the Exchange Terms may only be issued if you are a “Qualified Purchaser” as defined in Section 2(a)(51) of the Investment Company Act (a “ Qualified Purchaser”) or a Knowledgeable Employee at the time of issuance; provided that, in the case of the exchange upon your death, the automatic exchange will be deemed to be made by you at the time you were an employee of the Partnership or any subsidiary thereof.

• No JJMA Knowledgeable Employee nor any Related Person of any JJMA Knowledgeable Employee, owns, or within the past three (3) years has owned, (of record or as a beneficial owner) an equity interest or any other financial or profit interest in, a Person that has had material business dealings or a material financial interest in any transaction with JJMA.

More Definitions of Knowledgeable Employee

Knowledgeable Employee means an investor who is:-

Knowledgeable Employee means any natural person who is a Covered Person of Atlantic who in connection with his or her regular functions or duties (other than a Covered Person performing solely clerical, secretarial or administrative functions with regard to Atlantic or its investments), participates in the investment activities of Atlantic, provided that such Covered Person has been performing such functions and duties for or on behalf of Atlantic for at least 12 months.

Knowledgeable Employee means any "knowledgeable employee," as defined in Rule 3c-5 under the Investment Company Act.

Knowledgeable Employee. The meaning specified in Rule 3c-5 under the Investment Company Act.

Knowledgeable Employee means a "knowledgeable employee" for the purposes of Rule 3c-5 of the Investment Company Act;

Knowledgeable Employee. The meaning set forth in Rule 3c-5 promulgated under the Investment Company Act.

Knowledgeable Employee as defined in Rule 3c-5 under the Investment Company Act. “Lien”: Any grant of a security interest in, mortgage, deed of trust, pledge, hypothecation, assignment, deposit arrangement, encumbrance, lien (statutory or other), preference, priority or other security agreement or preferential arrangement of any kind or nature whatsoever, including, without limitation, any conditional sale or other title retention agreement, and any financing lease having substantially the same economic effect as any of the foregoing (including any UCC financing statement or any similar instrument filed against a Person’s assets or properties). “Limited Liability Company Agreement”: The Issuer’s limited liability company agreement, as may be amended from time to time. “Listed Notes”: Each Class of Notes specified as such in Section 2.3. “Loan”: Any obligation for the payment or repayment of borrowed money that is documented by a term loan agreement, revolving loan agreement or other similar credit agreement. “Loan Agents”: The Class A-L-A Loan Agent and the Class A-L-B Loan Agent, collectively. “Loan Report”: The ongoing quarterly portfolio level disclosure in the form prescribed pursuant to and in accordance with the Transparency Requirements. “Long Dated Obligation”: A Collateral Obligation, the stated maturity date of which is extended to occur after the Stated Maturity pursuant to an amendment or modification of its terms following its acquisition by the Issuer; provided that, in determining the scheduled distributions on any Collateral Obligation occurring after the Stated Maturity of the Secured Debt, such Collateral Obligation will be deemed to have a maturity and amortization schedule based on zero unscheduled prepayments. “LSTA”: The Loan Syndications and Trading Association®. “Maintenance Covenant”: A covenant by any borrower to comply with one or more financial covenants (including without limitation any covenant relating to a borrowing base, asset valuation or similar asset-based requirement) during each reporting period, whether or not such borrower has taken any specified action; provided that a covenant which otherwise satisfies the definition hereof but only applies when amounts are outstanding under the related loan shall constitute a Maintenance Covenant. “Majority”: With respect to any Class or Classes of Debt, the Holders of more than 50% of the Aggregate Outstanding Amount of the Debt of such Class or Classes, as applicable. “Mandatory Redemption”: A redempt...