SPV Dictionary

Master LLC is the entity registered with the state of Delaware or another state that recognizes series.  Part of the series LLC structure (see series

Maturity date is the date on which the principal amount of a note, draft, acceptance bond or another debt instrument becomes due and is repaid

Stockholders owning different shares in different companies or assets within the same SPV. Treatment of the investors within the SPV is different because each investor,

A membership interest is an investor’s ownership stake in an LLC (not an LP). Each investor in an LLC is called a “member.” A person

Sometimes investors wish to sell their SPV membership interest to a third party for more or less (usually more) than the amount they originally contributed

Oftentimes an investor needs to change the entity that invested in the SPV. For example, an investor might use an LLC to make an investment

A merger is a deal to unite two existing companies into one new company. There are several types of mergers and also several reasons why

In a contract, a most favored nation clause indicates that one party has the right to the best pricing or terms for similar types of

The same legal entity (SPV) investing in more than one asset. Typically an SPV invests into one asset but sometimes an Organizer will use one

The association representing the state and provincial securities regulators responsible for administering and enforcing “blue-sky” laws that apply to SPV-based securities offerings. NASAA coordinates regulatory