Intermediate Holdcos definition

Intermediate Holdcos means, collectively, Invacare Holdings Netherlands, Invacare Holdings Lux, Invacare Holdings Two Lux, Invacare Holdings Two Netherlands and Invacare Germany Holding.

Intermediate Holdcos means the Delaware Intermediate Holdcos, the Texas Intermediate Holdcos and any other Subsidiary of Holdings that becomes a party to the Guarantee in the form of Exhibit B-1 after the Restatement Effective Date pursuant to Section 9.11(y).

Intermediate Holdcos or “Intermediate Holdco” means, collectively (x) each of U.S. HoldCo 1, U.S. HoldCo 2, LuxCo 1, LuxCo 2 and the Lux Borrower and (y) any wholly owned Subsidiary of Holdings (i) of which the Borrowers are a Subsidiary and (ii) that is subject to the provisions of Section 6.16 of this Agreement.

Examples of Intermediate Holdcos in a sentence

• If (1) the Conditions fail to be fulfilled and/or waived, or (2) the Conditions have been fulfilled and/or waived, but Completion fails to take place by the reason of the Company, the Intermediate Holdcos or Plant 1 Co, the Purchaser shall have the right to terminate the Transactions, and the Security Money shall be refunded to the Purchaser.

• The fact that a property is located on Rush Common land is shown on searches or land registry documents.

• In order to implement the Sale and pursuant to the terms of the Master Agreement, the Company, the Intermediate Holdcos (being City Century, Ease Court, Harbour Bright, Morefit, Jade Shine and Silver Coin, each a wholly owned subsidiary of the Company), the Purchaser and the Purchaser PRC Co will subsequently enter into the Ancillary Agreements.

• Prior to the Initial Completion Date (as defined below), a restructuring exercise (the “Restructuring Exercise”) will be undertaken by Chong such that NHC will hold the Intermediate Hold-cos which in turn will hold the Operating-cos and, subsequent to the Initial Completion Date, the New-cos, as subsidiaries within the NHC group of companies (the “Investee Group” and each, the “Investee Company”).

• The 2 Intermediate Hold-cos will, collectively, initially hold 100.0% (less one share) in eight (8) existing operating companies incorporated in Malaysia (the “Operating-cos”), with the intention that a further 26 companies (the “New-cos”), will subsequently be held.

More Definitions of Intermediate Holdcos

Intermediate Holdcos means, collectively, Intermediate Holdco 1 and Intermediate Holdco 2.

Intermediate Holdcos means, collectively Sprint Intermediate HoldCo LLC, Sprint Intermediate HoldCo II LLC and Sprint Intermediate HoldCo III LLC, each a Delaware limited liability company and a wholly-owned indirect subsidiary of SCI.

Intermediate Holdcos means the Texas Intermediate Holdcos and any other Subsidiary of Holdings that becomes a party to the Guarantee in the form of Exhibit B-1 after the Restatement Effective Date pursuant to Section 9.11(y). “Inventory” shall have the meaning assigned to such term in the Security Agreement. “Investment” shall mean, with respect to any Person, all investments by such Person in other Persons (including Affiliates) in the form of loans (including guarantees), advances, or capital contributions (excluding accounts receivable, trade credit, advances to customers, commission, travel, and similar advances to officers and employees, in each case made in the ordinary course of business), purchases or other acquisitions for consideration of Indebtedness, Equity Interests, or other securities issued by any other Person and investments that are required by GAAP to be classified on the consolidated balance sheet (excluding the footnotes) of the Borrower in the same manner as the other investments included in this definition to the extent such transactions involve the transfer of cash or other property; provided that Investments shall not include, in the case of the Borrower and the Restricted Subsidiaries, intercompany loans (including guarantees), advances, or Indebtedness having a term not exceeding 364 days (inclusive of any roll-over or extensions of terms) and made in the ordinary course of business. For purposes of the definition of “Unrestricted Subsidiary” and Section 10.5, (i) Investments shall include the portion (proportionate to the Borrower’s equity interest in such Subsidiary) of the Fair Market Value of the net assets of a Subsidiary of the Borrower at the time that such Subsidiary is designated an Unrestricted Subsidiary; provided that upon a redesignation of such Subsidiary as a Restricted Subsidiary, the Borrower shall be deemed to continue to have a permanent Investment in an Unrestricted Subsidiary in an amount (if positive) equal to (a) the Borrower’s Investment in such Subsidiary at the time of such redesignation less (b) the portion (proportionate to the Borrower’s equity interest in such Subsidiary) of the Fair Market Value of the net assets of such Subsidiary at the time of such redesignation; and (ii) any property transferred to or from an Unrestricted Subsidiary shall be valued at its Fair Market Value at the time of such transfer. The amount of any Investment outstanding at any time shall be the original cost of such Investment, reduced by any ...

Intermediate Holdcos means, collectively Sprint Intermediate HoldCo LLC, Sprint Intermediate HoldCo II LLC and Sprint Intermediate HoldCo III LLC, each a Delaware limited liability company and a wholly-owned indirect subsidiary of SCI Sprint Corporation, and any Additional Intermediate HoldCo.

Intermediate Holdcos means Associated Investors L.L.C., Academy Managing Co., L.L.C. and any other Subsidiary of Holdings that is required to guarantee the notes under Section 10.15 of this Indenture.

Intermediate Holdcos means each of ARC Global II (France) Holdings S.à r.x., ARC Global II (Luxembourg) Holdings S.à r.x., ARC Global II (Netherlands) Holdings S.à r.x., ARC Global (Germany) Holdings S.à r.x. and ARC Global II (UK) Holdings S.à r.x.

Intermediate Holdcos has the meaning specified in the Additional Terms Letter.