Holding Parties definition

Holding Parties. COMFORCE CORPORATION COMFORCE OPERATING, INC. Borrowers: BRENTWOOD OF CANADA, INC. BRENTWOOD SERVICE GROUP, INC. CAMELOT COMMUNICATIONS GROUP, INC. CAMELOT CONTROL GROUP, INC. CLINICAL LABFORCE OF AMERICA, INC. COMFORCE INFORMATION TECHNOLOGIES, INC. COMFORCE TECHNICAL ADMINISTRATIVE SERVICES, INC. COMFORCE TECHNICAL SERVICES, INC. COMFORCE TELECOM, INC. XXXXX X., INC. LABFORCE OF AMERICA, INC. PRO SERVICES, INC. PRO UNLIMITED, INC. PRO UNLIMITED SERVICES, INC. SUMTEC CORPORATION TEMPORARY HELP INDUSTRY SERVICING COMPANY, INC. THISCO OF CANADA, INC. UNIFORCE PAYROLLING SERVICES, INC. UNIFORCE PAYROLLING TRI-STATE INC. UNIFORCE SERVICES, INC. UNIFORCE STAFFING SERVICES, INC. Inactive Subsidiaries: COMFORCE ACQUISITION 1 CORP. For each of the foregoing corporations: By: ___________________________________ Name: Title: IBJ WHITEHALL BUSINESS CREDIT CORPORATION, as Administrative Agent and Lender By: ___________________________________ Name: Title: Revolving Loan Commitment: $17,272,727.00 THE CIT GROUP/BUSINESS CREDIT, INC., as Collateral Agent and Lender By: ___________________________________ Name: Title: Revolving Loan Commitment: $17,272,727.00 TRANSAMERICA BUSINESS CAPITAL CORPORATION (as successor to Transamerica Business Credit Corporation), as Co-Agent and Lender By: ___________________________________ Name: Title: Revolving Loan Commitment: $17,272,727.00 FLEET CAPITAL CORPORATION, as Lender By: ___________________________________ Name: Title: Revolving Loan Commitment: $12,954,546.00 JPMORGAN CHASE BANK (formerly known as The Chase Manhattan Bank), as Lender By: ___________________________________ Name: Title: Revolving Loan Commitment: $12,954,546.00 LASALLE BUSINESS CREDIT, INC, as Lender By: ___________________________________ Name: Title: Revolving Loan Commitment: $10,795,454.00 GUARANTY BUSINESS CREDIT CORPORATION, as Lender By: ___________________________________ Name: Title: Revolving Loan Commitment: $6,477,273.00
Sample 1Sample 2

Examples of Holding Parties in a sentence

  • The Holding Parties shall not engage in any type of business activity other than ownership of their respective Subsidiaries' capital stock and activities incidental to the maintenance of its corporate existence.

  • Together with each delivery of financial statements of Holding Parties, Borrowers and their respective Subsidiaries pursuant to subdivisions (A) (on a quarterly basis only), and (B) of this subsection 5.1, Borrowers will deliver a copy of the complete management's discussions and analysis of financial condition and results of operations included in CC's Form 10-K or Form 10-Q, as applicable, filed with the Securities and Exchange Commission for the period covered by such financial statements.

  • The Projections delivered and to be delivered have been and will be prepared by Holding Parties and Borrowers in light of the past operations of the business of Holding Parties, Borrowers and their respective Subsidiaries, and such Projections represent and will represent the good faith estimate of Holding Parties and Borrowers and their respective senior management concerning the most probable course of its business as of the date such Projections are prepared and delivered.

  • The Holding Parties and Borrowers will maintain, and cause each of their respective Subsidiaries to maintain, a system of accounting established and administered in accordance with sound business practices to permit preparation of financial statements in conformity with GAAP.

  • Upon discovery of any claim for which a Holding Party has an indemnification obligation under the terms of Section 6.1 which does not involve a claim by a third party against the Indemnitee, the Indemnitee shall give prompt notice to the Holding Parties of such claim and, in any case, shall give the Holding Parties such notice within 30 days of such discovery.

  • Subject to the terms and conditions of this Agreement and in reliance upon the representations and warranties of Holding Parties, Borrowers and the other Loan Parties set forth herein and in the other Loan Documents, each Lender, severally, agrees to lend to Borrowers from time to time its Pro Rata Share of each Revolving Advance.

  • The Holding Parties and Borrowers shall not permit their Fixed Charge Coverage to be less than 1.0 to 1.0 for the Fiscal Quarter ending March 31, 1998, for the two Fiscal Quarters ending June 30, 1998, for the three Fiscal Quarters ending September 30, 1998, or for any of the four Fiscal Quarters ending December 31, 1998 or on the last day of each Fiscal Quarter thereafter.

  • Promptly upon receipt thereof, Holding Parties and Borrowers will deliver copies of all significant reports submitted to Holding Parties and Borrowers by independent public accountants in connection with each annual, interim or special audit of the financial statements of Holding Parties, Borrowers and their respective Subsidiaries made by such accountants, including the comment letter submitted by such accountants to management in connection with their annual audit.

  • To the best knowledge of Holding Parties, each Person or group having beneficial ownership of more than five percent (5%) of the capital stock of any of the Holding Parties is identified on Schedule 4.1(B) (the terms "group" and "beneficial ownership", as used herein, having the meanings given in Section 13(d)(3) of the Securities Exchange Act of 1934, as amended, and Rule 13d-3 promulgated thereunder).

  • A failure by Indemnitee to timely give the foregoing notice to the Holding Parties shall not excuse the Holding Parties from any indemnification liability except to the extent that the Holding Parties are materially and adversely prejudiced by such failure.

Related to Holding Parties

  • Agent Parties has the meaning specified in Section 10.02(c).

  • Parent Parties has the meaning set forth in ARTICLE V.

  • Holding Entities means the subsidiaries of the Infrastructure Partnership, from time to time, through which it indirectly holds all of the Partnership’s interests in the operating entities.

  • Financing Parties means Parties financing the Project, pursuant to Financing Documents.

  • Investor Parties has the meaning set forth in the Preamble.

  • Settling Parties means Settling Defendants and Plaintiffs.

  • Commitment Parties means the “Commitment Parties” as defined in the Commitment Letter.

  • Concert Parties means such Persons as are deemed to be Acting in Concert with AbbVie pursuant to Rule 3.3 of Part A of the Takeover Rules.

  • Bank Parties means Administrative Agent and the Banks.

  • Partnership Parties has the meaning assigned to such term in the preamble.

  • Selling Parties shall have the meaning specified in the preamble.

  • Contributing Parties has the meaning assigned to such term in the preamble.

  • Certification Parties As defined in Section 11.09.

  • Parent means a “parent corporation,” whether now or hereafter existing, as defined in Section 424(e) of the Code.

  • Backstop Parties means, collectively, the Initial Backstop Parties and the Additional Backstop Parties.

  • Operating Partnership has the meaning set forth in the preamble.

  • Parent Representatives has the meaning set forth in Section 5.2(a).

  • Controlling Note Holder Representative shall have the meaning assigned to such term in Section 6(a).

  • Disclosure Representative means the Finance Director, or his or her designee, or such other person as the Issuer shall designate in writing to the Disclosure Dissemination Agent from time to time as the person responsible for providing Information to the Disclosure Dissemination Agent.

  • Covenantors means the Group Companies, the Founder and the Founder Holding Company, and a “Covenantor” means any of the Covenantors.

  • Restricted Parties has the meaning set forth in Section 6.15(a).

  • Parent Related Parties means each of Parent, Merger Sub, any of their respective former, current or future equityholders, controlling Persons, limited or general partners, managers, members, Affiliates, directors, officers, employees, agents, attorneys, stockholders, assignees or Representatives.

  • Buyer Parties means Buyer, its respective Affiliates and the former, current or future equity holders and Representatives of each of the foregoing.

  • Contracting Parties has the meaning set forth in Section 9.14.

  • Transaction Parties As defined in Section 5.3(o).