Mexican Holding Company definition

Mexican Holding Company means any Mexican Subsidiary established to own, directly or indirectly, all of the Equity Interests of each other Mexican Subsidiary provided such Person does not own the Equity Interests of any other Subsidiary.
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Mexican Holding Company means the Delaware corporation to be formed by the Lear Companies pursuant to the Reorganization, which, as of the Closing Date, shall own, directly or indirectly, all of the issued and outstanding shares or other equity ownership interests of the Mexican Subsidiaries.
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Mexican Holding Company means any Mexican Subsidiary established to own, directly or indirectly, all of the Equity Interests of each other Mexican Subsidiary provided such Person does not own the Equity Interests of any other Subsidiary. “Mexican Subsidiary” means, individually or collectively as the context may require, (a) each Subsidiary organized under the laws of Mexico and (b) any Domestic Subsidiary with no material operations or assets other than Equity Interests of Subsidiaries organized under the laws of Mexico. “Minimum Availability Period” means any period (a) commencing when Availability is on any date during a Borrowing Base Period less than an amount equal to the lesser of (i) 20% of the aggregate Revolving Commitments then in effect and (ii) $100,000,000; and (b) ending on the date that Availability is equal to or greater than an amount equal to the lesser of (i) 20% of the aggregate Revolving Commitments then in effect and (ii) $100,000,000 for a period of 30 consecutive days for purposes of the definition of “Weekly Reporting Period”. “Minimum Collateral Amount” means, at any time, (i) with respect to Cash Collateral consisting of cash or deposit account balances, an amount equal to 105% of the Fronting Exposure of all Issuing Banks with respect to Letters of Credit issued and outstanding at such time and (ii) otherwise, an amount determined by the Administrative Agent and the Issuing Banks in their sole discretion. “Moody’s” means Xxxxx’x Investors Service, Inc. “Mortgaged Property” means, initially, the real properties referred to on Schedule 4.01(n) and includes each other parcel of real property and improvements and leasehold interests thereto with respect to which a Mortgage is granted (or is required to be granted) pursuant to Section 5.13. “Mortgaged Property Requirements” means, with respect to each Mortgaged Property, each of the following, in form and substance reasonably satisfactory to the Administrative Agent:
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Examples of Mexican Holding Company in a sentence

  • Neither the Mexican Holding Company nor the Canadian Holding Company will, as of Closing, legally or beneficially own any equity interest in any Person other than another Mexican Subsidiary or Canadian Subsidiary, as applicable.

  • The Holder of Series B and BB Shares agrees to purchase (i) 1,658,960 shares, representing 1.093875% of the outstanding stock of the Mexican Holding Company (the “Initial Series B and BB Shares”) for a total of U.S.$35,004,000, and (ii) the Series 1 Debentures and the Series 2 Debentures (collectively, the “Debentures”).

  • Group Technologies Mexican Holding Company, a Florida corporation which is a wholly-owned subsidiary of the Registrant.

  • The determination as to whether such EBITDA has been achieved will be based on the financial statements of the Mexican Holding Company and the consolidated financial statements of Iusacell and its subsidiaries for the relevant fiscal year and, as the case may be, the internal financial statements for such year, as reviewed by the external auditors.

  • The amounts actually paid to the Mexican Holding Company by the Holder of the Series B and BB Shares will be contributed to IF Telecoms, S.A. de C.V. for their use in such manner consistent with the business plan of the Mexican Holding Company and Iusacell and its subsidiaries as the board of directors of the Mexican Holding Company may determine.

  • In the event of certain circumstances under which the parties fail to reach an agreement in relation to certain matters specified in the Shareholders’ Agreement (an “Impasse”), either party (the “Sender”) shall, subject to certain conditions, have the right to give the other party (the “Recipient”) notice of the Impasse, setting forth a price per share in respect of the shares of stock of the Mexican Holding Company.

  • The Shareholders’ Agreement will terminate upon the transfer by any party, to any third party, of all the shares of stock of the Mexican Holding Company, the Non-Mexican Subholding Company, Iusacell, and the subsidiaries of Iusacell held by such party, or of its rights under the Guaranty Trust, in accordance with the applicable bylaws, except transfers to certain pre-approved transferees.

  • Series K Units 10 0 FTSE Canada Universe Bond Index – This index is composed of investment grade, fixed coupon, government and corporate bonds, issued in Canada and denominated in Canadian dollars, with a remaining term to maturity of at least one year.

  • As security for the performance of their respective obligations in the Shareholders’ Agreement, concurrently with the execution of the Shareholders’ Agreement, the Holder of the Series A and AA Shares and the Holder of the Series B and BB Shares will establish a guaranty trust (the “Guaranty Trust”), and will transfer thereto all except one of the shares of stock of the Mexican Holding Company owned by each of them.

  • The Series 1 Debentures and the Series 2 Debentures are convertible into 34,596,821 and 113,744,219 Series BB shares of common stock, respectively, representing 11.53% and 37.91% of the outstanding shares of stock of the Mexican Holding Company, respectively.


More Definitions of Mexican Holding Company

Mexican Holding Company means any Mexican Subsidiary established to own, directly or indirectly, all of the Equity Interests of each other Mexican Subsidiary provided such Person does not own the Equity Interests of any other Subsidiary. “Mexican Subsidiary” means, individually or collectively as the context may require, (a) each Subsidiary organized under the laws of Mexico and (b) any Domestic Subsidiary with no material operations or assets other than Equity Interests of Subsidiaries organized under the laws of Mexico. “Minimum Collateral Amount” means, at any time, (a) with respect to Cash Collateral consisting of cash or deposit account balances, an amount equal to 105% of the Fronting Exposure of all Issuing Banks with respect to Letters of Credit issued and outstanding at such time and (b) otherwise, an amount determined by the Administrative Agent and the Issuing Banks in their sole discretion. “Moody’s” means Xxxxx’x Investors Service, Inc. “Mortgaged Property” means, initially, the real properties referred to on Schedule 4.01(n) and includes each other parcel of real property and improvements and leasehold interests thereto with respect to which a Mortgage is granted (or is required to be granted) pursuant to Section 5.13. “Mortgaged Property Requirements” means, with respect to each Mortgaged Property, each of the following, in form and substance reasonably satisfactory to the Administrative Agent:
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Mexican Holding Company means any Mexican Subsidiary established to own, directly or indirectly, all of the Equity Interests of each other Mexican Subsidiary provided such Person does not own the Equity Interests of any other Subsidiary. “Mexican Subsidiary” means, individually or collectively as the context may require, (a) each Subsidiary organized under the laws of Mexico and (b) any Domestic Subsidiary with no material operations or assets other than Equity Interests of Subsidiaries organized under the laws of Mexico. “Minimum Collateral Amount” means, at any time, (a) with respect to Cash Collateral consisting of cash or deposit account balances, an amount equal to 105% of the Fronting 31
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Related to Mexican Holding Company

  • CFC Holding Company means a Subsidiary, substantially all of the assets of which consist of Equity Interests or Indebtedness of (a) one or more CFCs or (b) one or more CFC Holding Companies.

  • Bank Holding Company means a company registered as such with the Federal Reserve pursuant to 12 U.S.C. §1842 and the regulations of the Federal Reserve promulgated thereunder.

  • Foreign Holding Company means any Domestic Subsidiary substantially all of the assets of which consist of Equity Interests and/or Indebtedness of one or more Foreign Subsidiaries or other Foreign Holding Companies.

  • Parent Holding Company means any direct or indirect parent entity of Holdings which holds directly or indirectly 100% of the Equity Interest of Holdings and which does not hold Capital Stock in any other Person (except for any other Parent Holding Company).

  • New Holding Company means a corporation that is not a bank, association, or national banking association and as to which all of the following apply:

  • financial holding company means a financial holding company as defined in point (20) of Article 4(1) of Regulation (EU) No 575/2013;

  • Qualified CFC Holding Company means a Wholly Owned Subsidiary of the Issuer that is a limited liability company, the primary asset of which consists of Equity Interests in either (i) a Foreign Subsidiary or (ii) a limited liability company the primary asset of which consists of Equity Interests in a Foreign Subsidiary.

  • Foreign Subsidiary Holding Company means any Subsidiary the primary assets of which consist of Capital Stock in (i) one or more Foreign Subsidiaries or (ii) one or more Foreign Subsidiary Holding Companies.

  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;

  • Intermediate Holding Company means any Subsidiary of Holdings (of which Holdings, directly or indirectly, owns 100% of the issued and outstanding Equity Interests) that, directly or indirectly, owns 100% of the issued and outstanding Equity Interests of the Lead Borrower.

  • Domestic Foreign Holding Company means any Domestic Subsidiary that is a disregarded entity for U.S. federal income tax purposes with no material assets other than Equity Interests and/or Indebtedness of one or more Foreign Subsidiaries and other assets incidental thereto.

  • Mutual holding company means that term as defined in section 10(o) of the home owners' loan act, chapter 64, titles III and IX of Public Law 101-73, 12 U.S.C. 1467a, and OTS regulations governing mutual holding companies.

  • Holding Companies means, collectively, the Company and Holdings, and each is a “Holding Company”.

  • Public utility holding company means: (1) any company that,

  • Ultimate Parent Company means a company which owns at least twenty six percent (26%) equity in the Bidding Company or Member of a Consortium, (as the case may be) and in the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) and such Bidding Company or Member of a Consortium, (as the case may be) and the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) shall be under the direct control or indirectly under the common control of such company;

  • mixed-activity holding company means a parent undertaking, other than a financial holding company or an institution or a mixed financial holding company, the subsidiaries of which include at least one institution;

  • Bank Holding Company Act means the Bank Holding Company Act of 1956, as amended.

  • Savings and Loan Holding Company means a company registered as such with the Office of Thrift Supervision pursuant to 12 U.S.C. §1467a(b) and the regulations of the Office of Thrift Supervision promulgated thereunder.

  • Holding Company means, in relation to a company or corporation, any other company or corporation in respect of which it is a Subsidiary.

  • SAP Parent means SAP SE, a European Company (Societas Europaea, SE) established under the laws of Germany and the European Union, registered with the commercial register of the local court of Mannheim, Germany, under HRB 719915, with registered office in Walldorf, Germany, and business address at Dietmar-Hopp-Allee 16, 69190 Walldorf, Germany.

  • Holdings has the meaning specified in the introductory paragraph to this Agreement.

  • banking company means a banking company as defined in clause (c) of section 5 of the Banking Regulation Act, 1949 (10 of 1949);

  • Insurance holding company system means a group of two or more affiliated persons, at least one of whom is an insurer.

  • Ultimate Parent means a Company, which owns not less than fifty-one percent (51%) equity either directly or indirectly in the Parent and Affiliates.

  • 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.

  • General Motors Financial Company, Inc. means General Motors Financial Company, Inc. (f/k/a AmeriCredit Corp.).