PWM Investor definition
Examples of PWM Investor in a sentence
No Borrower nor any Managing Entity shall enter into a Side Letter with any existing PWM Investor after the date hereof.
No PWM Investor has entered into any Side Letter with any Borrower or any Managing Entity, except as copies (with names and other identifying information of PWM Investors redacted) of the same have been provided to Administrative Agent.
Any Excluded Investor that is a PWM Investor may be automatically replaced in the Borrowing Base by a new or existing PWM Investor that complies with the requirements set forth in Section 8.2(d).
Any Excluded Investor that is a PWM Investor may be automatically replaced in the Borrowing Base by a new or existing PWM Investor that complies with the requirements set forth in the definition of “Included Investor”.
In connection with such process, a PWM Investor may be required to fund the necessary amount to its brokerage account at ▇▇▇▇▇▇▇ Sachs via a series of wires (including by initially funding to an aggregating deposit account in the name of ▇▇▇▇▇▇▇ ▇▇▇▇▇ for such purpose).
On or prior to the Closing Date or, solely in the case of the GS Investors, July 22, 2016, in accordance with the Escrow Agreement, the Borrowers will deposit with the Escrow Agent the contact information for each PWM Investor in form and substance sufficient to permit the Administrative Agent to make an Investor Capital Call on all such Investors should they be authorized and elect to do so hereunder.
Fund may place into escrow a copy of one duly executed Subscription Agreement (and contact information) of each PWM Investor by Delivering (as defined below) such Subscription Agreement (and contact information) to the Escrow Agent within 60 days of the Closing Date of the Credit Agreement.
In no event shall any Fund nor Aggregator Fund Managing Entity enter into, and Borrower shall cause Investment Manager to refrain from entering into, (i) any agreement which shall restrict, limit or penalize or control its ability to make Capital Calls or the timing thereof or (ii) a Side Letter with any existing PWM Investor after the date hereof.
The Borrower may place into escrow a copy of one duly executed Subscription Agreement (and contact information) of each PWM Investor by Delivering (as defined below) such Subscription Agreement (and contact information) to the Escrow Agent prior to the delivery of a Loan Notice with respect to the initial Borrowing under the Credit Agreement.
It is hereby acknowledged that the Borrowers may receive Investor Capital Contributions for Non-MS PWM Investors from the applicable Non-MS PWM Investor Custodian (in which case, the Non-MS PWM Investor Custodian has collected such Investor Capital Contributions from the applicable Non-MS PWM Investors in satisfaction of such Non-MS PWM Investor’s obligation to fund Investor Capital Contributions).