Examples of RCAP Holdings in a sentence
Facsimile: (000) 000-0000 sent to the Selling Shareholder, to RCAP Holdings, LLC 400 Xxxx Xxxxxx, 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: General Counsel Facsimile: (000) 000-0000 with a copy to (which will not constitute notice): Proskauer Rose LLP Eleven Times Square New York, New York 10036 Attention: Jxxxx X.
All of the Parent Class B Common Stock is held by RCAP Holdings, LLC, a Delaware limited liability company.
None of RCAP, RCAP Holdings or any of their respective Affiliates (other than the Subject Companies), directors, officers, employees or equity holders owns any material asset or right, real or personal, tangible or intangible, used in the Business by any Subject Company.
Except as set forth on Section 2.21 of the Seller Disclosure Letter, there are no Contracts between any Subject Company, on the one hand, and RCAP, RCAP Holdings or any of their respective Affiliates (other than the Subject Companies), directors, officers, employees or equity holders, on the other hand (any such Contract, an “Affiliate Agreement”).
Additionally, reflects the exchange by RCAP Holdings of all but one of its 24.0 million shares of the Company’s Class B common stock and all of its Class B units in the Company’s operating subsidiaries for 24.0 million shares of the Company’s Class A common stock, assuming that the exchange had occurred on January 1, 2013.
It is acknowledged and agreed that each of Holdco and RCAP Holdings is not obligated to pay or make any future Capital Contribution to the Company.
Without the consent of the Managing Member (but otherwise in compliance with Sections 9.01, 9.02 and 9.03), a Member may, at any time, (a) Transfer any portion of such Member’s Membership Interest pursuant to the RCAP Holdings Exchange Agreement, or (b) Transfer any portion of such Member’s Membership Interest to a Permitted Transferee of such Member.
In connection with any Transfer of any portion of a Member’s Membership Interest pursuant to the RCAP Holdings Exchange Agreement, the Managing Member shall cause the Company to take any action as may be required under the RCAP Holdings Exchange Agreement or requested by any party thereto to effect such Transfer promptly.
Reflects the exchange by RCAP Holdings of all but one of its 24.0 million shares of the Company’s Class B common stock and all but one of its Class B units in the Company’s operating subsidiaries for 24.0 million shares of the Company’s Class A common stock, assuming that the exchange had occurred on December 31, 2013.
On April 29, 2014, RCAP Holdings, LLC pledged substantially all of its assets, including 12,851,499 shares of Class A common stock and the sole outstanding share of our Class B common stock, to secure the bank facilities.