Examples of Intermediate Company in a sentence
Applicants propose for Xxxxxxxx to enter into reimbursement agreements with banks to support letters of credit delivered as security for Southern’s or NewCo’s equity contribution obligation to an Intermediate Company or otherwise in connection with an Intermediate Company’s or Exempt Subsidiary’s project development activities.
Description 1 Second Amendment to Credit Agreement, dated as of February 1, 2017 (effective February 6, 2017), by and among Deutsche Bank AG New York Branch, Vistra Operations Company LLC, Vistra Intermediate Company LLC and the other Credit Parties and Lenders party thereto.
The investment by Southern or NewCo in the Exempt Subsidiaries will take the form of capital stock or shares, debt securities, trust certificates, capital contributions, open account advances without interest and partnership interests or other equity or participation interests, bid bonds or other credit support to secure obligations incurred by NewCo and/or Intermediate Companies in connection with Exempt Subsidiary investments or of NewCo’s undertaking to contribute equity to an Intermediate Company.