GCI Transport definition
Examples of GCI Transport in a sentence
Subordination Agreement dated as of January 27, 1998, among Alaska United Fiber System Partnership, GCI Holdings, Inc., GCI Transport Co., Inc., and Credit Lyonnais New York Branch as Administrative Agent for the Lenders referred to therein.
The obligations of GCI Transport hereunder are in addition to any liability it may have under any other Project Agreement.
Holdings and GCI Transport shall be referred to herein individually, as a "Subordinated Creditor" and collectively, as the "Subordinated Creditors".
This Agreement is not, and nothing herein contained and nothing done pursuant hereto by GCI Transport shall be deemed to constitute, a guaranty by GCI Transport of the payment of any obligation, indebtedness or liability of any kind or character whatsoever of the Borrower.
Name Investment Type Owner and % Ownership ---- --------------- --------------------- GCI Transport Co., Inc.
The Guarantor owns all of the issued and outstanding stock in GCI Transport Co., Inc., an Alaska corporation ("GCI Transport"), and GCI Transport owns all of the issued and outstanding stock in each of Fiber Hold Co., Inc., an Alaska corporation ("Fiber Hold") and GCI Fiber Co., Inc., an Alaska corporation ("GCI Fiber").
GCI Transport shall have declared a dividend to the Borrower consisting of all of the outstanding stock of GCI Fiber and Fiber Hold, pursuant to which each of GCI Fiber and Fiber Hold shall become direct, wholly owned Subsidiaries of the Borrower.
The Borrower agrees that it shall cause a copy of any notice given by it to GCI Transport hereunder to be delivered to the Administrative Agent at the same time such notice is delivered to GCI Transport.
Name Investment Type Owner and % Ownership ---------------------------------------------- ---------------------------------------------- --------------------------------- GCI Transport Co., Inc.
If either GCI Transport or the Borrower gives the other any notice hereunder for any reason whatsoever, each of GCI Transport and the Borrower agrees to simultaneously deliver a copy of such notice to the Administrative Agent.