Holdco Borrower definition

Holdco Borrower means BKRF HCB, LLC, a Delaware limited liability company.

Holdco Borrower means Sunrun Xxxx Holdco 2021, LLC, a Delaware limited liability company.”

Holdco Borrower means TECO Finance, Inc., a Florida corporation.

Examples of Holdco Borrower in a sentence

• In performing its functions and duties hereunder, the Administrative Agent shall act solely as an agent of the Lenders and does not assume and shall not be deemed to have assumed any obligation towards or relationship of agency or trust with or for Holdco, Borrower or any of its Subsidiaries, other than as provided in Section 10.10(c) with respect to the maintenance of the Register.

• The properties of Holdco, Borrower and its Subsidiaries are insured with insurance companies in such amounts, with such deductibles and covering such risks as are deemed reasonable by Responsible Officers of Borrower and as otherwise required to be maintained pursuant to the Security Documents.

• None of Holdco, Borrower or any of its Subsidiaries has any contingent liability with respect to post-retirement benefits provided by Holdco or any of its Subsidiaries under a Welfare Plan, other than (i) liability for continuation coverage described in Part 6 of Subtitle B of Title I of ERISA and (ii) liabilities that, individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect.

• Each of Holdco, Borrower and each Subsidiary has timely filed all federal, foreign and all other material tax returns and reports required by law to have been filed by it, except where the failure to do so could not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect, and all such tax returns are true and correct, except where the failure to be so true and correct could not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect.

• Except as would not reasonably be expected to have a Material Adverse Effect, the Property of Holdco, Borrower and the Subsidiaries, taken as a whole, (i) is in operating order, condition and repair (ordinary wear and tear and damage by casualty excepted) and (ii) together with the Intellectual Property provided to Borrower pursuant to the Transition Services Agreement, constitutes all of the Property required for the business and operations of Holdco, Borrower and the Subsidiaries as presently conducted.

• None of Holdco, Borrower or any Subsidiary is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of buying or carrying “margin stock” (as defined in Regulation U).

• Each of Holdco, Borrower and each Subsidiary has made adequate provision in accordance with GAAP for all taxes not yet due and payable.

• With respect to the Loans made by it hereunder, each Agent in its individual capacity and not as an Agent shall have the same rights and powers as any other Lender and may exercise the same as though it were not an Agent, and such Agent and its Affiliates may accept deposits from, lend money to and generally engage in any kind of business with Holdco, Borrower or any Subsidiary or other Affiliate thereof as if it were not an Agent.

• Other than Loans under this Agreement and the related guarantees and the First Lien Loans and the related guarantees, Holdco, Borrower and their respective Subsidiaries have no Indebtedness outstanding as of the Closing Date, and after giving effect to the Transactions, except as set forth on Schedule 6.01(w).

• If, subsequent to the Closing Date, Holdco, Borrower or any Subsidiary shall receive Net Proceeds from any Asset Sale, within ten calendar days of receipt of any Net Proceeds therefrom, Borrowers shall prepay outstanding Loans in an amount equal to 100% of such Net Proceeds and such prepayment shall be applied in accordance with Section 2.05(e).

More Definitions of Holdco Borrower

Holdco Borrower means Sunrun Xxxx Holdco 2021, LLC, a Delaware limited liability company.” “Holdco Borrowing Date” shall have the meaning ascribed to the term “Borrowing Date” in the Holdco Credit Agreement. “Holdco Collateral Agent” shall have the meaning set forth in the definition of Holdco Credit Agreement. “Holdco Credit Agreement” means that certain Credit Agreement, dated as of March 23, 2022, by and among the Holdco Borrower, the Holdco Lenders and the funding agents party thereto from time to time, Atlas Securitized Products Holdings, L.P., as administrative agent (in such capacity, together with any successors and assigns in such capacity, the “Holdco Administrative Agent”), and Computershare Trust Company, N.A., as collateral agent (in such capacity, together with any successors and assigns in such capacity, the “Holdco Collateral Agent”) and as paying agent (in such capacity, together with any successors and assigns in such capacity, the “Holdco Paying Agent”), as may be amended or modified from time to time. “Holdco Event of Default” shall have the meaning ascribed to the term “Event of Default” in the Holdco Credit Agreement. “Holdco Lender” means a lender under the Holdco Credit Agreement.” “Holdco Minimum Payoff Amount” shall have the meaning ascribed to the term “Minimum Payoff Amount” in the Holdco Credit Agreement, as notified to the Administrative Agent by the Holdco Administrative Agent (each such notice, a “Holdco Minimum Payoff Amount Notice”). “Holdco Minimum Payoff Amount Notice” shall have the meaning set forth in the definition of Holdco Minimum Payoff Amount. “Holdco Paying Agent” shall have the meaning set forth in the definition of Holdco Credit Agreement.

Holdco Borrower means Knicks Holdings, LLC, a Delaware limited liability company.