Holdco Shareholders Agreement definition
Examples of Holdco Shareholders Agreement in a sentence
The holders of New Holdco Common Stock and New Opco Common Units shall execute and become parties to the New Holdco Shareholders Agreement and the New Opco LLC Agreement, respectively (in their capacity as shareholders of New Holdco and unit holders of New Opco, respectively) as a condition to receiving their distributions under the Plan.
The New Holdco Shareholders Agreement and the New Opco LLC Agreement shall be adopted on the Effective Date and shall be deemed to be valid, binding, and enforceable in accordance with their respective terms, and each holder of New Holdco Common Stock and New Opco Common Units (as applicable) shall be bound thereby.
All participants in the management incentive plan shall execute a joinder to the new Holdco Shareholders Agreement.
The New Holdco Shareholders Agreement shall be adopted on the Effective Date and shall be deemed to be valid, binding, and enforceable in accordance with its terms, and each holder of New Common Stock shall be bound thereby.
All New Common Stock issued under the Plan shall be duly authorized, validly issued, fully paid, and non-assessable and the holders of New Common Stock shall be deemed to have accepted the terms of the New Holdco Shareholders Agreement (in their capacity as shareholders of New Holdco) and to be parties thereto without further action or signature.
In terms of the Bokoni Holdco Shareholders Agreement, RPM will fund its portion (49%) of Bokoni Mine’s funding requirements.
Holdco shall ensure (and each other Obligor shall, to the extent possible under applicable law, ensure) compliance in all respects with the Holdco Shareholders Agreement Financial Covenants.
Financial Covenants means the financial covenants in relation to Holdco and Opco set out in the Holdco Shareholders Agreement.
The New Holdco Shareholders Agreement and the New Opco LLC Agreement shall be adopted on the Effective Date and shall be deemed to be valid, binding, and enforceable inaccordance with their respective terms, and each holder of New Holdco Common Stock and New Opco Common Units (as applicable) shall be bound thereby.
The Capital Expenditure and operating expenditure required to be incurred in connection with the Brakfontein Merensky Project is fully funded by internally generated cash flows (or funding required to be provided by RPM and the Borrower under the Holdco Shareholders Agreement and by RPM under the RPM Operating Cash Flow Shortfall Facility Agreement).