Examples of Oaktree Cayman in a sentence
Oaktree Cayman hereby (x) becomes an Obligor and an Affiliate Guarantor under the Note Purchase Agreement with the same force and effect as if originally named therein as an Obligor and an Affiliate Guarantor; and (y) agrees to all the terms and provisions of the Note Purchase Agreement applicable to it as an Obligor and an Affiliate Guarantor thereunder.
The Obligors will not permit the Combined Leverage Ratio as of the last day of any period of four consecutive fiscal quarters of the Obligors to be greater than the Maximum Combined Leverage Ratio; provided, that Oaktree Cayman will not be considered an Obligor for purposes of the calculation of the Combined Leverage Ratio until March 31, 2023.
Schedule 2.7 lists all of the limited partners of Oaktree Cayman together with their respective percentage equity interests in Oaktree Cayman as of the date hereof.
The Obligors will not permit the Combined Leverage Ratio as of the last day of any period of four consecutive fiscal quarters of the Obligors to be greater than 4.00 to 1.00; provided, that Oaktree Cayman will not be considered an Obligor for purposes of the calculation of the Combined Leverage Ratio until March 31, 2023.
Notwithstanding anything to the contrary herein, the Partners hereby agree that, as of the date hereof, it is permissible under Section 1445 of the Code and the Regulations thereunder for the Partnership to provide a certificate described in Treasury Regulation Section 1.1445-11T(d), and the Partnership shall execute and deliver such a certificate to TPG Cayman, Oaktree Cayman and TMHC as of the date hereof.
The Partnership renounces any interest or expectancy of the Partnership in, or in being offered an opportunity to participate in, business or investment opportunities that are from time to time presented to any Exempted Person, including any transactions with TPG Cayman, Oaktree Cayman or any of their respective Affiliates.
TMHC, TPG Cayman and Oaktree Cayman shall, and each hereby agrees to, enter into the Put/Call Agreement (the “Put/Call Agreement”), substantially in the form attached hereto as Exhibit G, promptly following the consummation of the Reorganization Transactions and prior to the IPO Effective Time.
All the members of each of Oaktree Cayman, TPG Cayman and New TMM hereby give authorization to each of Oaktree Cayman GP, TPG Cayman GP and New TMM GP specifically to act on their behalf regarding the execution, signing and filing of such prescribed election forms and documents and agree to sign an authorizing agreement to confirm such authority of each of Oaktree Cayman GP, TPG Cayman GP and New TMM GP.
TMHC, TPG Cayman, Oaktree Cayman and JHI Holding shall, and each hereby agrees to, enter into the Stockholders Agreement of TMHC, substantially in the form attached hereto as Exhibit B (the “TMHC Stockholders Agreement”), promptly following the consummation of the Reorganization Transactions and prior to the IPO Effective Time.
Simultaneously with the Oaktree Cayman Contribution, Oaktree TM, the Non-Canadian Management Parties (that are transferring common units of New TMM) and the JHI Redeemed Party shall, and each hereby severally agrees to, enter into the Amended and Restated Agreement of Limited Partnership of Oaktree Cayman, substantially in the form agreed upon by the parties thereto, and the Oaktree Initial Canadian LP shall withdraw as the initial limited partner.