Define: Approved Fund
What does "Approved Fund" mean? The meaning differs based on the contract. We found 10 definitions across 31 companies in SEC filings.
Definition 1 (EQUIFAX INC, seen in 13 filings)
Approved Fund means any Fund that is administered or managed by (a) a Lender, (b) an Affiliate of a Lender or (c) an entity or an Affiliate of an entity that administers or manages a Lender.
Source: EQUIFAX INC 10-Q
Definition 2 (ALLSTATE CORP, seen in 3 filings)
Approved Fund means any Person (other than a natural person) that is engaged in making, purchasing, holding or investing in bank loans and similar extensions of credit in the ordinary course of its business and that is administered or managed by (a) a Lender, (b) an Affiliate of a Lender or (c) an entity or an Affiliate of an entity that administers or manages a Lender.
Source: ALLSTATE CORP 10-K
Definition 3 (Air Products & Chemicals, Inc., seen in 1 filing)
Approved Fund means any Fund that is administered or managed by (i) a Lender, (ii) an Affiliate of a Lender or (iii) an entity or an Affiliate of an entity that administers or manages a Lender provided , however , that no Fund shall be an Approved Fund with respect to any proposed assignment hereunder unless at the time of such assignment either (a) its senior unsecured long-term debt securities without third-party credit enhancement are rated at least BBB by S P or Baa2 by Moody s or (b) its senior unsecured short-term debt securities without third-party credit enhancement are rated at least A-2 by S P or P-2 by Moody s.
Source: Air Products & Chemicals, Inc. 10-Q
Definition 4 (CINCINNATI FINANCIAL CORP, seen in 1 filing)
Approved Fund means any fund that is engaged in making, purchasing, holding or investing in bank loans and similar extensions of credit in the ordinary course of business and that is administered or managed by (a) a Lender, (b) an Affiliate of a Lender or (c) an entity or an Affiliate of an entity that administers or manages a Lender.
Source: CINCINNATI FINANCIAL CORP 8-K
Definition 5 (DOVER Corp, seen in 1 filing)
Approved Fund means any Person (other than a natural person or a holding company, investment vehicle or trust for, or owned and operated for the primary benefit of, a natural person) that is engaged in making, purchasing, holding or investing in commercial loans and similar extensions of credit in the ordinary course of its business and that is administered or managed by (a) a Lender, (b) an Affiliate of a Lender or (c) an entity or an Affiliate of an entity that administers or manages a Lender.
Source: DOVER Corp 10-Q
Definition 6 (CVS HEALTH Corp, seen in 1 filing)
Approved Fund means any Person (other than a natural person) that is (or will be) engaged in making, purchasing, holding or otherwise investing in commercial loans and similar extensions of credit in the ordinary course of its business that is administered or managed by (a) a Lender, (b) an Affiliate of a Lender or (c) an entity or an Affiliate of an entity that administers or manages a Lender.
Source: CVS HEALTH Corp 10-Q
Definition 7 (CARNIVAL CORP, seen in 1 filing)
Approved Fund means any Person (other than a natural person) that is engaged, or advises funds or other investment vehicles that are engaged, in making, purchasing, holding or investing in commercial loans, bonds and similar extensions of credit or securities in the ordinary course of its activities and that is administered, advised or managed by (a) a Lender, (b) an Affiliate of a Lender or (c) an entity or an Affiliate of an entity that administers, advises or manages a Lender.
Source: CARNIVAL CORP 10-K
Definition 8 (DTE ENERGY CO, seen in 1 filing)
Approved Fund means any Person (other than a natural person) that (a) is engaged in making, purchasing, holding or investing in bank loans and similar extensions of credit in the ordinary course of its business, (b) has a combined capital and surplus of at least $500,000,000, and (c) is administered or managed by (x) a Lender, (y) an Affiliate of a Lender or (z) an entity or an Affiliate of an entity that administers or manages a Lender.
Source: DTE ENERGY CO 10-K
Definition 9 (AMAZON COM INC, seen in 1 filing)
Approved Fund means any Fund that is administered or managed by (a) a Lender or (b) an Affiliate of a Lender.
Source: AMAZON COM INC 10-Q
Definition 10 (Cencora, Inc., seen in 1 filing)
Approved Fund means any Person (other than a natural person) that is engaged in making, purchasing, holding or investing in bank loans and similar extensions of credit in the ordinary course of its business and that is administered or managed by a Purchaser, an Affiliate of a Purchaser or an entity or an Affiliate of an entity that administers or manages a Purchaser.
Source: Cencora, Inc. 8-K
Data extracted from 56 SEC EDGAR filings across 31 companies. Source: Material contracts (Exhibit 10) filed under Regulation S-K.
This page presents definitions found in actual SEC filings for informational purposes. The specific definition appropriate for your contract may vary based on jurisdiction, industry, and specific circumstances. Consult with a qualified attorney for legal advice.