Holding Agreement definition
Examples of Holding Agreement in a sentence
Each of Dutch FleetCo and the Spanish Servicer agrees that the role of the Spanish Servicer as Third Party Holder shall prevail over the role of the same as Spanish Servicer and that the terms of the Third Party Holding Agreement shall prevail over the terms of this Agreement in the event of any conflict or discrepancy arising.
Concurrently with the execution hereof and pursuant to subsections 5.2(b) and 5.7(b)(1)(B) of the Kids Holding Agreement, Elamex USA and Kids Holding shall deliver and deposit with Escrow Agent the Escrowed Shares (i.e., one certificate in the name of Kids Holding representing Ninety-one Thousand Three Hundred Fifty-seven (91,357) restricted shares of the common stock of Elamex, S.A. de C.V., together with a duly executed stock power relating thereto).
The Closing (as defined in the Triton PCS Holdings Agreement) or the completion of the transactions contemplated in Section 7.4 of the Triton PCS Holding Agreement shall have occurred.
The term of this Stock Holding Agreement (“the Agreement”) shall commence on 13.01.2025 and shall continue for 12 months.
Agent may, and at request of the Required Banks shall, propose a more detailed agreement among the Banks and Agent concerning holding of any Collateral after the Acquisition Date (a "Holding Agreement") to supplement or supplant this Agreement.
Each of the Lessee and the Lessor agrees that the role of the Lessee as third party holder shall prevail over the role of the same as Lessee and that the terms of the French Third Party Holding Agreement shall prevail over the terms of this Agreement in the event of any conflict or discrepancy arising.
Anything herein to the contrary notwithstanding and as set forth in the Kids Holding Agreement, Kids Holding shall have the right at any time to transfer the record or beneficial ownership of any of the shares of common stock of Elamex, S.A. de C.V., held by Escrow Agent in escrow to any affiliate of Kids Holding.
Power of Attorney of the Sellers appointing one or more representatives to act on behalf of the Sellers in the performance of this Agreement and the Deposit Holding Agreement duly notarised and legalised or apostilled.
Breach of Share Holding Agreement which does not breach the Articles of a company is a valid corporate action, but the parties agreed can get remedies for breach of any agreement as envisaged under the Contract Act.
Such Holding Agreement shall be binding on all Banks if it is approved by Agent and the Required Banks.