Holdco 2 definition

Holdco 2 means Transocean Holdings 2 Limited, a Cayman Islands exempted company.

Holdco 2 means SkyMiles IP Holdings Ltd., an exempted company incorporated with limited liability under the laws of the Cayman Islands.

Holdco 2 means, as of the date immediately following the Reorganization, ENVOY/ExpressBill, Inc. (“ExpressBill”) in its capacity as a member of Master LLC.

Examples of Holdco 2 in a sentence

• On June 7, 2021, we made a new $29.8 million Second Lien Term Loan investment and $5.2 million delayed draw term loan which was unfunded at close in BCPE North Star US Holdco 2, Inc.

• The holders of Series A mandatorily redeemable preferred stock will have the right to appoint one out of four members to Holdco #2’s board of directors and to otherwise control 25% of the voting power of all outstanding shares of Holdco #2.

• The Series B mandatorily redeemable preferred stock will have no voting rights other than the right to vote as a class with the Series A redeemable preferred stock to elect one additional member to the board of directors of Holdco #2 in the event Holdco #2 breaches certain terms of the designations of the preferred stock.

• Holdco #1 will own 100% of Holdco #2’s common stock, will control 75% of the voting power of all outstanding shares of Holdco #2 and, absent a breach by Holdco #2 of certain terms of the designations of the Holdco #2 preferred stock, will have the ability to elect three out of four members of Holdco #2’s board of directors.

• Represents the redemption value of the 200,000 shares of Series A and the 200,000 shares of Series B preferred stock issued by Holdco #2.

More Definitions of Holdco 2

Holdco 2 means S&C Holdco 2, Inc., a Delaware corporation, and any successors.

Holdco 2 means AAdvantage Holdings 2, Ltd., an exempted company incorporated with limited liability under the laws of the Cayman Islands.

Holdco 2 has the meaning set forth in the preamble to this Agreement.

Holdco 2 has the meaning set forth in the recitals hereto.

Holdco 2 has the meaning specified in the Recitals hereto.

Holdco 2 means 504308 N.B. Inc., a corporation incorporated and existing under the laws of the Province of New Brunswick and its permitted successors and assigns.

Holdco 2 means Almatis New Holding 2 B.V., a newly formed limited liability company (besloten vennootschap met beperkte aansprakelijkheid) with its corporate seat in Amsterdam to be incorporated in The Netherlands that will by wholly owned by Holdco and own 100% of the issued shares in Almatis B.V., as a Reorganized Debtor.