Intercompany Transfer definition

Intercompany Transfer means the purchase or acquisition by Micro or any Subsidiary of Micro of property or assets of Micro or any Subsidiary of Micro, provided that (i) such purchase or acquisition satisfies the requirements of Section 8.2.6 and (ii) no Event of Default has occurred and is continuing at the time of such purchase or acquisition or would occur after giving effect thereto.
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Intercompany Transfer means the dividend or other intercompany distribution by the Parent Borrower to Holdings, all of which was used by Holdings as payment, in part, of the Merger Consideration.
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Intercompany Transfer means (a) any dividend or other distribution of cash or other property on or in respect of any equity interest, (b) any payment, repayment or prepayment on or in respect of any indebtedness, capital lease, note, bond, letter of credit reimbursement obligation, deferred purchase price obligation, derivative obligation or related guaranty, (c) any loan or advance and (d) any transfer, lease or license of any property or asset.
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Examples of Intercompany Transfer in a sentence

  • Dentsu may at any time Transfer all or a part of its Publicis Shares or Warrants in a Permitted Intercompany Transfer.

  • In the event that any of the Collateral is, directly or indirectly, Transferred to a Subsidiary of Borrower that is not a Borrower Party (except for any Permitted Intercompany Transfer and as otherwise permitted under Sections 10.07(c) and 10.09(c)), Borrower shall cause such Subsidiary to execute a joinder to the Security Agreement confirming that the Collateral continues to be subject to the Lien granted to Lender thereunder and such other documentation that Lender shall reasonably request.

  • After giving effect to the Intercompany Transfer, the cash balances as of the Distribution Date of any member of the Moody's Group shall be Moody's Assets and the cash balances as of the Distribution Date of any member of the New D&B Group shall be New D&B Assets.

  • For so long as such Permitted Dentsu Transferee continues to hold shares of BDM Common Stock transferred to it pursuant to this Section 8.2(b), Dentsu shall not permit such Permitted Dentsu Transferee to cease to be a direct or indirect wholly-owned Subsidiary of Dentsu unless Dentsu first causes such Permitted Dentsu Transferee to transfer such shares to another Permitted Dentsu Transferee in a Permitted Intercompany Transfer.

  • If the final Audited Cash Flow is greater than the Targeted Cash Flow, the Initial Purchase Price shall be adjusted, on a dollar-for-dollar basis, plus or minus, as the case may be, by (x) the amount by which the final Audited Working Capital differs from the Targeted Working Capital and (y) the Final Net Cash Intercompany Transfer Amount.

  • FSB will transfer and assign that portion of Receivables and related Trust Property originated by it to COAF pursuant to an intercompany transfer and assignment agreement, executed on the Closing Date, between COAF and FSB (the "Intercompany Transfer and Assignment Agreement").

  • Terminate, amend, modify or waive any provision of the GEL Administrative Services Agreement or the Intercompany Transfer Agreement...............

  • Beginning at least seven days prior to the Closing Date and on the Closing Date, Mark ▇▇ ▇▇▇ll provide the Buyer with a daily written statement setting forth the then current Estimated Net Cash Intercompany Transfer Amount, which statement provided on the Closing Date shall be certified by the chief financial officer of Mark ▇▇.

  • No order shall have been issued by the Arizona Corporation Commission that takes the position or states mat an approval from the Arizona Corporation Commission was required in connection with the granting and/or transfer of certain rights and interests from TEP or any of its Affiliates to the Owner Lessor under any of the Transaction Documents or the Intercompany Transfer Agreement.

  • The Agent and the Banks hereby (i) consent to the consummation of the Intercompany Transfer and the Intercompany Loan and (ii) waive compliance with the provisions of Sections 8.05, 8.07, 8.08 and 8.15 of the Credit Agreement to the extent and only to the extent necessary to permit the Intercompany Transfer and the Intercomany Loan.


More Definitions of Intercompany Transfer

Intercompany Transfer means a transfer of direct or indirect ownership interests in a Restricted Party among the holders thereof or to an Affiliate of the Traded Entity.
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Intercompany Transfer means the purchase or acquisition by the Borrower or any Subsidiary of the Borrower of property or assets of the Borrower or any Subsidiary of the Borrower, provided that (i) such purchase or acquisition satisfies the requirements of Section 8.2.6 and (ii) no Event of Default has occurred and is continuing at the time of such purchase or acquisition or would occur after giving effect thereto.
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Intercompany Transfer is defined in Section 6.10(n).
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Intercompany Transfer means (i) any sale, transfer or other disposition of assets of the Borrower or a Guarantor to another Guarantor, and (ii) any sale, transfer or other disposition of assets of a Subsidiary (other than a Guarantor) to a Guarantor.
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Intercompany Transfer means the purchase or acquisition by Micro or any Subsidiary of Micro of property or assets of Micro or any Subsidiary of Micro, provided that (i) such purchase or acquisition satisfies the requirements of Section 8.2.6 and (ii) no Event of Default has occurred and is continuing at the time of such purchase or
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Intercompany Transfer means the purchase or acquisition by Micro or any Subsidiary of Micro of property or assets of Micro or any Subsidiary of
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Related to Intercompany Transfer

  • Deferred Intercompany Transaction has the meaning set forth in Reg. Section 1.1502-13.

  • Company Transaction means the consummation of

  • Permitted Intercompany Investments means Investments made by (a) a Loan Party to or in another Loan Party, (b) a Subsidiary that is not a Loan Party to or in another Subsidiary that is not a Loan Party and (c) a Subsidiary that is not a Loan Party to or in a Loan Party, so long as, in the case of a loan or advance made pursuant to this clause (c), the parties thereto are party to the Intercompany Subordination Agreement.

  • Intercompany Interest means an Interest in a Debtor held by another Debtor.

  • Holding Company Transaction means the occurrence of (a) any transaction (including, without limitation, any acquisition, merger or consolidation) the result of which is that a “person” or “group” within the meaning of Section 13(d) of the Securities Exchange Act of 1934, as amended, (i) becomes the direct or indirect ultimate “beneficial owner,” as defined in Rule 13d-3 under that Act, of common equity of the Issuer representing more than 50% of the voting power of the outstanding Common Stock or (ii) is otherwise required to consolidate the Issuer for purposes of generally accepted accounting principles in the United States, or (b) any consolidation or merger of the Issuer or similar transaction or any sale, lease or other transfer in one transaction or a series of related transactions of all or substantially all of the consolidated assets of the Issuer and its subsidiaries, taken as a whole, to any Person other than one of the Issuer’s subsidiaries; provided that, in the case of either clause (a) or (b), the Issuer or the Acquiror is or becomes a Bank Holding Company or Savings and Loan Holding Company.