Old Holdcos definition

Old Holdcos means collectively IHF Capital, Inc., IHF Holdings, ----------- Inc. and ICON Fitness Corporation, a Delaware corporation

Examples of Old Holdcos in a sentence

  • As of the Closing Date, the Old Holdcos shall have ----------- repaid in full all Indebtedness incurred by the Old Holdcos prior to September 24, 1999 and Intermediate Holdings shall have repaid in full the $7,000,000 of its 14% Senior Discount Notes due 2006.

  • No petition shall have been filed by or proceeding commenced against any of the Old Holdcos or Borrower under the Bankruptcy Code.

  • The Old Holdcos will not own any assets, except that Ultimate Holdings may own all of the Stock of Intermediate Holdings; Intermediate Holdings may own all of the Stock of Holdings and Holdings may own .01% of the Stock of New Holdings.

  • The Old Holdcos shall not engage in any trade or business or incur any Indebtedness or Guaranteed Indebtedness, except that Intermediate Holdings may remain obligated for up to $7,000,000 of its 14% Senior Discount Notes due 2006.

Related to Old Holdcos

  • Holdco has the meaning set forth in the Preamble.

  • US Holdco means, notwithstanding anything in the Indenture to the contrary, Brookfield Infrastructure US Holdings I Corporation; and

  • CFC Holdco means any Domestic Subsidiary that has no material assets other than Equity Interests of one or more Foreign Subsidiaries that are CFCs.

  • Fully Diluted Company Shares means the total number of issued and outstanding shares of Company Common Stock, (a) after giving effect to the Company Preferred Stock or otherwise treating shares of Company Preferred Stock on an as-converted to Company Common Stock basis, and (b) treating all outstanding in-the-money Specified Company Warrants as fully vested and as if the Specified Company Warrants had been exercised for cash as of the Effective Time, but for the avoidance of doubt excluding any Company Securities described in Section 1.11(b).

  • Stockholder Group means the Stockholder and each Person (other than any member of the Company Group) that is an Affiliate of the Stockholder.