Holding Company Expenses means, for any period, the aggregate of all operating costs and expenses incurred or paid by the Borrower during such period, including without limitation rent, utilities, professional fees, taxes (without duplication for taxes included in the determination of Net Tax Sharing Payments) and payroll expenses.
Holding Company Expenses means, for any period, fees, costs and expenses incurred by Ultimate Parent or any of its Subsidiaries since the fourth fiscal quarter of 2021 in connection with legal, finance, accounting, human resources, tax, risk, compliance, insurance, information technology, cybersecurity, firm-wide marketing, branding, public relations, investor relations, staff and management (i.e., C-Suite and board of directors) functions, costs associated with preparing for and operating as a public company, costs and expenses related to administering and maintaining the tax receivables agreement and other similar fees, costs and expenses incurred by Ultimate Parent or any of its Subsidiaries.
Holding Company Expenses means the sum of costs, expenses and liabilities incurred or paid in cash by Borrower and its Subsidiaries (other than SWY and its Subsidiaries) in respect of (i) administrative and professional expenses relating to the operation and administration of the Borrower and its Subsidiaries, (ii) Taxes and insurance payments, (iii) employee benefits for employees of SWY and its Subsidiaries and (iii) costs associated with the Borrower’s Atlanta, Georgia facility, including occupancy costs, and the Rail Car Lease, in each case, minus any such costs, expenses and liabilities for which the Borrower or its Subsidiaries (other than SWY and its Subsidiaries) are reimbursed by SWY and its Subsidiaries.
Examples of Holding Company Expenses in a sentence
Amend limb (e) of the definition of Holding Company Expenses in Clause 1.1 (Definitions) to include “and/or a Permitted Tax Reorganisation” after “Post-Closing Reorganisation”.
The Gap shall not be allowed for True up.JHCMA Objections• Closing Balance of FY 2019-20 to be adopted for GFA of FY 2020- 21 and Grants to be deducted from Depreciation.• Interest and Finance charges for other than capital loan shall not be allowed.• O&M expenses shall be escalated at 5.72%• Holding Company Expenses shall not be allowed for True up.• No new Methodology shall be adopted for True up of business.
Gujarat, Bihar and Uttar Pradesh allowed hearing.• Holding Company Expenses shall not be allowed for True up.• Interest and Finance charges, Depreciation of MeECL shall not be allowed in the True up.• Interest on Capital loan only shall be allowed.JHCMA Objections• Holding Company Expenses shall not be allowed for True up, Breakup for serving and Retired employees may be considered• O&M expenses norms shall be adopted as per Regulation 69.3.• Grants to be deducted from RoE and Depreciation.
Administration and General expenses mainly comprise costs towards rent charges, telephone and other communication expenses, professional charges, conveyance and travelling allowances & Holding Company Expenses and other debits.
Particulars2008-09(Rs.)2007-08(Rs.) Holding Company Expenses Re-imbursed 1,894,978 172,243 Receivables as at the year end 2,451 11,224 5 The earnings considered in ascertaining the Company's Earnings Per Share (EPS) comprise net profit / loss after taxation.
More Definitions of Holding Company Expenses
Holding Company Expenses means the sum of (i) cash interest expense paid or to be paid during the calendar year ended December 31, 2023 on the Notes, intercompany loans and any other indebtedness of the Company (for the avoidance of doubt, on a stand-alone basis and not consolidated basis) and (ii) other cash operating expenses, including taxes, paid or to be paid by the Company during the calendar year ended December 31, 2023. The amount of other operating expenses paid in cash in the preceding clause (ii) shall not exceed $2.5 million. Holding Company Expenses will be determined based on the actual Holding Company Expenses for the nine months ending September 30, 2023, and an estimate of Holding Company Expenses for the three months ending December 30, 2023.
Holding Company Expenses means, for any period, fees, costs and expenses incurred by Ultimate Parent or any of its Subsidiaries since the fourth fiscal quarter of 2021 in connection with legal, finance, accounting, human resources, tax, risk, compliance, insurance, information technology, cybersecurity, firm-wide marketing, branding, public relations, investor relations, staff and management (i.e., C-Suite and board of directors) functions, costs associated with preparing for and operating as a public company, costs and expenses related to administering and 761160461.9 maintaining the tax receivables agreement and other similar fees, costs and expenses incurred by Ultimate Parent or any of its Subsidiaries. Schedule II to Compliance Certificate Applicable Margin Calculation Total Leverage Ratio Total Indebtedness $_______ Consolidated EBITDA $_______ Ratio of Line A1 to A2 __ to 1.00 Applicable Margin Level THIRD AMENDMENT TO CREDIT AGREEMENT THIS THIRD AMENDMENT TO CREDIT AGREEMENT (this “Amendment”), dated as of February 21, 2024, is entered into among ALTI GLOBAL HOLDINGS, LLC (f/k/a Alvarium Xxxxxxxxx Holdings, LLC), a Delaware limited liability company (the “Borrower”), the Lenders party hereto and BMO BANK N.A. (f/k/a BMO Xxxxxx Bank N.A.), as administrative agent for the Lenders (in such capacity, the “Administrative Agent”). Unless otherwise specified herein, capitalized and/or initially capitalized terms used in this Amendment shall have the meanings ascribed to them in the Amended Credit Agreement (as hereinafter defined).
Holding Company Expenses means (a) costs (including all professional fees and expenses) incurred by an Ultimate Parent to comply with its reporting obligations under applicable laws or under the New Note Documents or in connection with this Agreement or any other agreement or instrument relating to Indebtedness of Parent or any Subsidiary, or otherwise incurred in connection with compliance with applicable laws or applicable rules or regulations of any governmental, regulatory or self-regulatory body or stock exchange, including any reports filed with respect to the Securities Act of 1933, as amended, the Exchange Act of 1934, as amended, or the respective rules and regulations promulgated thereunder, (b) indemnification obligations of an Ultimate Parent owing to directors, officers, employees or other Persons under its charter or by-laws or pursuant to written agreements with any such Person, (c) obligations of an Ultimate Parent in respect of director and officer insurance (including premiums therefor), (d) other operational expenses of an Ultimate Parent incurred in the ordinary course of business, and (e) expenses incurred by an Ultimate Parent in connection with any public offering of Capital Stock or Indebtedness (i) where the net proceeds of such offering are intended to be received by or contributed or loaned to Parent or a Subsidiary, or (ii) in a prorated amount of such expenses in proportion to the amount of such net proceeds intended to be so received, contributed or loaned, or (iii) otherwise on an interim basis prior to completion of such offering so long as an Ultimate Parent shall cause the amount of such expenses to be repaid to Parent or the relevant Subsidiary out of the proceeds of such offering promptly if completed.
Holding Company Expenses has the meaning set forth in Section 8.2(a)(ii).
Holding Company Expenses means (i) costs (including all professional ------------------------ fees and expenses) incurred by a Parent to comply with its reporting obligations under federal or state laws or under this Indenture, including any reports filed with respect to the Securities Act, Exchange Act or the respective rules and regulations promulgated thereunder, (ii) indemnification obligations of a Parent owing to directors, officers, employees or other Persons under its charter or by-laws or pursuant to written agreements with any such Person, (iii) other operational expenses of a Parent incurred in the ordinary course of business, and (iv) expenses incurred by a Parent in connection with any public offering of Capital Stock or Indebtedness (x) where the net proceeds of such offering are intended to be received by or contributed or loaned to the Company or a Restricted Subsidiary, or (y) in a prorated amount of such expenses in proportion to the amount of such net proceeds intended to be so received, contributed or loaned, or (z) otherwise on an interim basis prior to completion of such offering so long as a Parent shall cause the amount of such expenses to be repaid to the Company or the relevant Restricted Subsidiary out of the proceeds of such offering promptly if completed.
Holding Company Expenses means (i) costs (including all professional fees and expenses) incurred by a Parent to comply with its reporting obligations under federal or state laws or under this Indenture, including any reports filed with respect to the Securities Act, Exchange Act or the respective rules and regulations promulgated thereunder, (ii) in demnification obligations of a Parent owing to directors, officers, employees or other Persons under its charter or by-laws or pursuant to written agreements with any such Person, (iii) fees and expenses payable by a Parent in connection with the Transactions, (iv) other operational expenses of a Parent incurred in the ordinary course of business not to exceed $1.0 million in any fiscal year, and (v) expenses incurred by a Parent in connection with any public offering of Capital Stock or Indebtedness (x) where the net proceeds of such offering are intended to be received by or contributed or loaned to the Company or a Restricted Subsidiary, or (y) in a prorated amount of such expenses in proportion to the amount of such net proceeds intended to be so received, contributed or loaned, or (z) otherwise on an interim basis prior to completion of such offering so long as a Parent shall cause the amount of such expenses to be repaid to the Company or the relevant Restricted Subsidiary out of the proceeds of such offering promptly if completed.
Holding Company Expenses means (i) costs (including all professional fees and expenses) incurred by a Parent to comply with its reporting obligations under applicable laws or under this Indenture or in connection with any Credit Facility or any other agreement or instrument relating to Indebtedness of the Company or any Restricted Subsidiary, or otherwise incurred in connection with compliance with applicable laws or applicable rules or regulations of any governmental, regulatory or self-regulatory body or stock exchange, including any reports filed with respect to the Securities Act, Exchange Act or the respective rules and regulations promulgated thereunder, (ii) indemnification obligations of a Parent owing to directors, officers, employees or other Persons under its charter or by-laws or pursuant to written agreements with any such Person, (iii) obligations of a Parent in respect of director and officer insurance (including premiums therefor), (iv) other operational expenses of a Parent incurred in the ordinary course of business, and (v) expenses incurred by a Parent in connection with any public offering of Capital Stock or Indebtedness (x) where the net proceeds of such offering are intended to be received by or contributed or loaned to the Company or a Restricted Subsidiary, or (y) in a prorated amount of such expenses in proportion to the amount of such net proceeds intended to be so received, contributed or loaned, or (z) otherwise on an interim basis prior to completion of such offering so long as a Parent shall cause the amount of such expenses to be repaid to the Company or the relevant Restricted Subsidiary out of the proceeds of such offering promptly if completed.