Examples of Holdco Agreement in a sentence
Failure of any Qualifying Holdco Shareholder to properly elect the Holdco Alternative on or prior to the Holdco Election Date or failure of any Qualifying Holdco Shareholder to properly enter into a Holdco Agreement will disentitle such Qualifying Holdco Shareholder from the Holdco Alternative.
In the event that a party (the "Indemnified Party") shall become aware of any claim, proceeding or other matter (a "Claim") in respect of which another party (the "Indemnifying Party") agreed to indemnify the Indemnified Party pursuant to this Holdco Agreement, the Indemnified Party shall promptly give written notice thereof to the Indemnifying Party.
Each Member agrees to take any and all such actions requested by the Manager as are reasonably necessary to allow the Company to effect the foregoing and to enable the Company to satisfy the obligations and liabilities imposed on the Company under the Holdco Agreement.
The Tag-Along Members shall share the fees and expenses allocated to the Company pursuant to Section 8.04(e) of the Holdco Agreement pro rata in accordance with the amount of proceeds to be received by such Tag-Along Member in such Tag-Along Sale.
Such Member is familiar with the business, financial condition, properties, operations and prospects of Holdco, its Subsidiaries and the Company, and has asked such questions of the Company and the Manager and conducted such due diligence concerning such matters and concerning the Class A Units, this Agreement and the Holdco Agreement as it has desired to ask and conduct, and all such questions have been answered to its full satisfaction.