Facility Sale Date means, with respect to any Portfolio Investment, the date on which the Company and the Financing Provider are deemed to enter into a Facility Sale Transaction in respect of such Portfolio Investment pursuant to which the Financing Provider will sell such Portfolio Investment to the Company on the terms set forth herein, which date shall be the earlier to occur of (a) the Accelerated Sale Date (if any) in respect of such Portfolio Investment and (b) five (5) Business Days prior to the Facility End Date.
Facility Sale Settlement Date means, with respect to any Portfolio Investment, the date on which settlement occurs under the applicable Trade Confirmation governing the terms of the Facility Sale Transaction in respect of such Portfolio Investment.
Facility Sale Transaction means a binding transaction entered into between the Financing Provider and the Company pursuant to which the Company agrees to buy from the Financing Provider, and the Financing Provider agrees to sell to the Company, the relevant Portfolio Investment on and in accordance with the terms set forth in this Agreement.
Failed Settlement Obligations has the meaning set forth in Section 4.02(a)(3).
Financing Amount means, on any date of determination, an amount equal to the sum of the Relevant Principal Amount for each Portfolio Investment.
Financing Provider has the meaning set forth in the introductory paragraph.
First Lien Loan means a non-revolving, senior secured term loan, including any delayed draw term loan, documented by way of a loan or credit agreement which trades as a first lien loan as determined by the Financing Provider under then-current trading practices in the primary or secondary loan market, as the case may be and which is not a Distressed Loan.
Fitch shall mean Fitch Ratings, Inc., also known as Fitch Ratings, and its successors.
Governmental Authority means any federal, state, municipal, national or other government, governmental department, commission, board, bureau, court, agency or instrumentality or political subdivision thereof or any entity, officer or examiner exercising executive, legislative, judicial, regulatory or administrative functions of or pertaining to any government or any court, in each case whether associated with a state of the United States, the United States, the United Kingdom, the European Union or any other foreign entity or government (including any successor to any of the foregoing).
Governmental Authorization means any permit, license, authorization, plan, directive, consent order or consent decree of or from any Governmental Authority.
Guarantors means Blackstone Holdings Finance Co. L.L.C., Blackstone Holdings I L.P., Blackstone Holdings AI L.P., Blackstone Holdings II L.P., Blackstone Holdings III L.P. and Blackstone Holdings IV L.P.
Illegality Event means, with respect to any Portfolio Investment and not as a result of any action or inaction of the Financing Provider or any of its affiliates, the determination by the Financing Provider (in its reasonable discretion) that due to the adoption of or any change in any applicable law or regulation (or the generally accepted interpretation thereof) or the issuance of any order, judgment, ruling, administrative guideline or policy of or by any Governmental Authority of competent jurisdiction, it is illegal or unlawful, or there is a substantial likelihood that it will become illegal or unlawful, for the Financing Provider to maintain ownership or dispose of such Portfolio Investment.
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