New Advisor definition

New Advisor means any New Sister Advisor and any New Subsidiary Advisor.
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New Advisor means any direct Subsidiary, other than an OZ Fund or any of its Subsidiaries, of which 100% of the shares of Voting Stock of such Subsidiary is at the time directly beneficially owned, or the management of which is otherwise directly or indirectly controlled, by Issuer, Och-Ziff Holding Corporation or Och-Ziff Holding LLC, and such Subsidiary both (a) is engaged in substantially the same business and earns fees on substantially the same basis as Borrower, Advisors or Advisors II and (b)(x) generates any revenues or cash flow of $5,000,000 or more in any Fiscal Year or (y) owns assets with an aggregate value greater than or equal to $15,000,000 (excluding the value of leasehold improvements up to an aggregate value of $25,000,000).
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New Advisor means IPT Advisor LLC, a Delaware limited liability company.
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Examples of New Advisor in a sentence

  • Any additional cost associated with the creation, exchange or conversion of New Class A, New Class B and New Advisor Class shares shall be borne by the Adviser and the Distributor.

  • If deemed advisable by the Directors to implement the foregoing, such action may include the exchange of all existing Class B and Advisor Class shares for new classes of shares ("New Class B" and "New Advisor Class," respectively) identical to existing Class B and Advisor Class shares, except that New Class B and New Advisor Class shares shall convert to New Class A shares.

  • All offers submitted by potential advisors (the “Offerors”) on or before the final date for submission of offers (“Submission Due Date”), as designated by the Board of Directors, shall be examined, and their compliance with all basic threshold conditions set forth in this Section 11.1(b)(1) for appointment as the New Advisor shall be inspected, by the Board of Directors.

  • The General Partner, the Limited Partner and the Special Limited Partner hereby acknowledge and agree that the current Advisor as defined by the Agreement is the New Advisor, and the current Advisory Agreement as defined by the Agreement is the New Advisory Agreement.

  • Fees payable to the New Advisor for services rendered to the Corporation and its affiliates pursuant to the New Advisory Agreement must be identical to the fees payable to the Advisor pursuant to the Advisory Agreement.

  • The charter of the Corporation provides that Class IV directors may not vote on, or participate in discussions held by the Board of Directors regarding, the appointment of a New Advisor.

  • New Advisor unconditionally accepts such assignment and assumes all of Current Advisor's duties, liabilities and obligations under the Assigned Agreement, and agrees to perform all of the obligations of Current Advisor under the Assigned Agreement.

  • If deemed advisable by the Trustees to implement the foregoing, such action may include the exchange of all existing Class B and Advisor Class shares for new classes of shares ("New Class B" and "New Advisor Class," respectively) identical to existing Class B and Advisor Class shares, except that New Class B and New Advisor Class shares shall convert to New Class A shares.

  • The Proposed Merger has no cash payments to FULL shareholders from the New Advisor.

  • If Borrower has not indicated whether a document or notice delivered pursuant to this Section 5.01 contains Nonpublic Information, Administrative Agent reserves the right to post such document or notice solely on that portion of the Platform designated for Lenders who wish to receive material nonpublic information with respect to Borrower, Advisors, Advisors II, any New Advisor Guarantor, their respective Subsidiaries and their respective securities.


More Definitions of New Advisor

New Advisor means any direct Subsidiary of Issuer, Och-Ziff Holding or Och-Ziff Corp (other than Borrower, Advisors, Advisors II, Xxxxx, any OZ Fund or any of their respective Subsidiaries), of which 100% of the shares of Voting Stock of such Subsidiary is at the time directly owned, or the management of which is otherwise 100% directly controlled, by (or of which the general partner or equivalent is) any or all of Issuer, Och-Ziff Holding and Och-Ziff Corp, and such Subsidiary is engaged in substantially the same business and earns fees or other compensation on substantially the same basis as Borrower, Advisors or Advisors II.
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Related to New Advisor

  • Sub-Advisor shall include the Sub-Advisor and/or any of its affiliates and the directors, officers and employees of the Sub-Advisor and/or any of its affiliates.

  • Sub-Adviser means an adviser to

  • Legal Advisor means the officer responsible for providing legal advice to the Standards Committee. This may be the Monitoring Officer, another legally qualified officer of the authority, or someone appointed for this purpose from outside the authority.

  • Independent Advisor means a reputable accounting, appraisal or nationally recognized investment banking, engineering or consulting firm (a) which does not, and whose directors, officers and employees or Affiliates do not, have a direct or indirect material financial interest in the Company and (b) which, in the judgment of the Board of Directors of the Company, is otherwise disinterested, independent and qualified to perform the task for which it is to be engaged.

  • Alliance Manager has the meaning set forth in Section 3.1.

  • Training manager means the individual responsible for administering a training program and monitoring the performance of principal instructors and guest instructors.

  • Advisor or “ADVISORS” means the Person or Persons, if any, appointed, employed or contracted with by the Company pursuant to Section 8.1 hereof and responsible for directing or performing the day-to-day business affairs of the Company, including any Person to whom the Advisor subcontracts all or substantially all of such functions.

  • Service Manager has the meaning ascribed thereto in Section 2.01(c).

  • Legal Adviser means the properly qualified person appointed by the Trust to provide legal advice.

  • Team Leader means an employee who is in a set or team and who is generally responsible for the work executed by the employees comprising such set or team;

  • Independent Adviser means an independent financial institution of international repute or other independent financial adviser experienced in the international debt capital markets, in each case appointed by the Issuer at its own expense;

  • Operating Advisor means the operating advisor appointed as provided in the Lead Securitization Servicing Agreement.

  • Advisory Firm means an accounting firm that is nationally recognized as being expert in Covered Tax matters, selected by the Corporation.

  • Program Director means an individual who has complete responsibility for the day to day function of the program. The Program Director is the highest level of decision making at a local, program level.

  • Program Staff means an employee or individual who by contract with the program provides a service and has the applicable competencies, qualifications, or certification required to provide the service.

  • CME Term SOFR Administrator means CME Group Benchmark Administration Limited as administrator of the forward-looking term Secured Overnight Financing Rate (SOFR) (or a successor administrator).

  • Subconsultant means any person or entity to whom/which the Consultant subcontracts any part of the Services in accordance with the provisions of GCC Clause 50.

  • portfolio adviser means a person or company that provides investment advice or portfolio management services under a contract with the investment fund or with the manager of the investment fund;

  • Program Manager refers to the professional management firm selected by the Owner as the Owner’s representative for the Project, and its employees and consultants.

  • Sub-Manager Any Person with which the Property Manager or the Special Servicer has entered into a Sub-Management Agreement.

  • Non-Lead Operating Advisor means the “trust advisor”, “operating advisor” or other analogous term under any Non-Lead Securitization Servicing Agreement.