Initial Mergers definition

Initial Mergers has the meaning assigned to such term in the Recitals of this Agreement.

Initial Mergers means the mergers of the Principal Borrower with:

Initial Mergers has the meaning ascribed to it in the Recitals.

Examples of Initial Mergers in a sentence

• Represents the adjustment to interest expense to reflect (i) the incurrence or assumption, as applicable, of the debt described in Note 2(C) above, (ii) amortization of deferred financing costs associated with such debt and (iii) the elimination of historical interest expense related to the historical debt paid off at the closing of the Initial Mergers described in Note 2(G) above.

• Borrower The Principal Borrower and, prior to the completion of the Initial Mergers, CC AG are wholly-owned subsidiaries of the Shareholder.

• After the Initial Mergers and immediately prior to the effective time of the Dakota Pasta Merger, the Colorado Corporation is the sole shareholder of North Dakota Corporation and all equity interest of any and every nature in North Dakota Corporation is owned by and held in the name of the Colorado Corporation.

• The Principal Borrower and, prior to the completion of the Initial Mergers, CC AG are wholly-owned subsidiaries of the Shareholder.

• As of the effective time of the Dakota Pasta Merger, without any further action by the Constituent Corporations or any of their respective shareholders, the Colorado Corporation, as the sole shareholder of North Dakota Corporation after the Initial Mergers and immediately prior to the effective time of the Dakota Pasta Merger, shall cease to exist by operation of the Dakota Pasta Merger and shall cease to be a shareholder of North Dakota Corporation.

More Definitions of Initial Mergers

Initial Mergers means the First Merger and the Second Merger; provided that such mergers shall occur substantially concurrent with the Issue Date.