Holdco Securities definition
Examples of Holdco Securities in a sentence
The Holdco Securities Purchase Agreement Documents shall not have been altered, amended or otherwise changed or supplemented or any condition therein waived without the prior written consent of the Lenders to the extent any such alteration, amendment, or other change would be materially adverse to the Lenders.
Holdings shall concurrently with the closing of the Credit Facilities receive not less than $240.0 million in gross cash proceeds under the Holdco Securities Purchase Agreement and such cash proceeds shall have been or concurrently with the closing of the Credit Facilities contributed to Merger Sub in cash as common equity, in each case, concurrently with the closing of the Credit Facilities.
The Oceanbulk Holdcos are not a party to any voting agreements, voting trusts, proxies or other similar agreements or understandings with respect to the voting of any limited liability company interests of the Oceanbulk Holdcos or other Oceanbulk Holdco Securities.
There are no outstanding obligations of the Oceanbulk Holdcos to repurchase, redeem or otherwise acquire any of the Oceanbulk Holdco Securities.
The Seller’s Offer Notice shall include (x) the price and other material terms on which the Seller is willing to sell the Offered Holdco Securities and (y) a description of its intended method of marketing and selling the Offered Holdco Securities if such offer is not accepted in full by either the Responding Party or the Partnership or both (considered together for this purpose).