Common use of Capitalization of Holdings and the Borrower Clause in Contracts

Capitalization of Holdings and the Borrower. The Equity Interests issued and outstanding for each of Holdings and the Borrower is set forth on Schedule 3.18 as of the Closing Date. All outstanding partnership interests of the Borrower, on and after the Closing Date, will be owned beneficially and of record by Holdings (except that 1% thereof may be owned by Opco GP) and, on and after the Closing Date, will be free and clear of all Liens and encumbrances whatsoever other than the Liens created by the Loan Documents.

Appears in 2 contracts

Samples: Credit Agreement (Graham Packaging Holdings Co), Credit Agreement (Graham Packaging Holdings Co)

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Capitalization of Holdings and the Borrower. The Equity Interests issued and outstanding for each of Holdings and the Borrower is set forth on Schedule 3.18 as of the Closing Date. All outstanding partnership interests of the Borrower, on and after the Closing Date, will be owned beneficially and of record by Holdings (except that 1% thereof may be owned by Opco GP) and, on and after the Closing Date, will be free and clear of all Liens and encumbrances whatsoever other than the Liens created by the Loan Documents and Second-Lien Credit Documents.

Appears in 1 contract

Samples: Credit Agreement (Graham Packaging Holdings Co)

Capitalization of Holdings and the Borrower. The Equity Interests issued and outstanding for each of Holdings and the Borrower is set forth on Schedule 3.18 as of the Closing DateDate (after giving effect to the Recapitalization). All outstanding partnership interests of the Borrower, on and after the Closing Date, will be owned beneficially and of record by Holdings (except that 1% thereof may be owned by Opco GP) and, on and after the Closing Date, will be free and clear of all Liens and encumbrances whatsoever other than the Liens created by the Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Graham Packaging Holdings Co)

Capitalization of Holdings and the Borrower. The Equity Interests issued and outstanding for each of Holdings and the Borrower is set forth on Schedule 3.18 as of the Closing Date. All outstanding partnership interests of the Borrower, on and after the Closing Date, will be owned beneficially and of record by Holdings (except that 1% thereof may be owned by Opco GP) and, on and after the Closing Date, will be free and clear of all Liens and encumbrances whatsoever other than the Liens created by the Second-Lien Loan Documents and First-Lien Credit Documents.

Appears in 1 contract

Samples: Second Lien Credit Agreement (Graham Packaging Holdings Co)

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Capitalization of Holdings and the Borrower. The Equity Interests issued and outstanding for each of Holdings and the Borrower is set forth on Schedule 3.18 as of the Closing DateDate (after giving effect to the IPO Reorganization). All outstanding partnership interests of the Borrower, on and after the Closing Date, will be owned beneficially and of record by Holdings (except that 1% thereof may be owned by Opco GP) and, on and after the Closing Date, will be free and clear of all Liens and encumbrances whatsoever other than the Liens created by the Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Graham Packaging Co)

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