SFL Holdings definition

SFL Holdings means SFL Holdings LLC, a Delaware limited liability company and a direct, wholly-owned subsidiary of SFL.
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Examples of SFL Holdings in a sentence

  • In addition, prior to such transfer, SFL Holdings or each of the Owners, as the case may be, shall be entitled to distribute all assets not related to the applicable Vessel as a dividend to its respective parent company.

  • HLL shall have received a legal opinion from Xxxxxx & Xxxxxx LLP, counsel to SFL, Holdings and the Owners, in form and substance reasonably satisfactory to HLL.

  • SFL, Holdings and the Owners shall have received evidence satisfactory to SFL that the Adjusted Average Purchase Price of the relevant Vessel (after making any adjustment contemplated by Section 1.4(c) hereof) does not exceed $56,000,000.

  • All of the Transaction Documents shall have been duly executed and delivered by the applicable parties thereto, and SFL, Holdings and the Owners shall be in material compliance with all the material terms of the Transaction Documents.

  • SFL, Holdings and the relevant Owner shall have received satisfactory evidence of the existence of all insurance covering the subject Vessel required by the relevant Charter, including the broker’s undertaking, and the payment of premiums thereon consistent with the required payment provisions of the underlying insurance policies and meeting the requirements of the Credit Agreement.

  • During the term of any Charter, neither SFL, Holdings nor any Owner shall apply for subsidy under the U.S. Maritime Security Program (“MSP”) with respect to any Vessel.

  • Therefore, there is still no record of developers who implement or who have had applied this system.

  • HLL shall indemnify and hold SFL, Holdings and the Owners harmless for any losses, liability, costs or expenses incurred by SFL, Holdings or the Owners arising out of or resulting from any act or omission of the supervisors appointed, or the key crew provided, by HLL pursuant to this Section 2.3.

  • SFL, Holdings and the Owners shall have received evidence reasonably satisfactory to SFL that upon delivery of the Vessel by the Seller thereof to Holdings, the Vessel will be documented under the laws of Liberia or Panama in the name of the relevant Owner, free and clear of all recorded liens, claims, or encumbrances other than for a first preferred mortgage in favor of the Security Trustee under the Credit Agreement and any Owner Liens (as defined in the Charters).

  • HLL’s obligation hereunder to make reimbursement payments with respect to any L/C, Cash Deposit or breakage costs relating to a Vessel shall terminate immediately upon delivery of such Vessel to SFL Holdings.

Related to SFL Holdings

  • Direct holdings means all publicly traded securities of a company that are held directly by the state treasurer or a retirement system in an actively managed account or fund in which the retirement system owns all shares or interests.

  • Holdings LLC Agreement means the Third Amended and Restated Limited Liability Company Agreement of Holdings, dated on or about the date hereof, as such agreement may be amended from time to time.

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

  • 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;

  • 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).

  • Holdco has the meaning set forth in the Preamble.

  • 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.

  • 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.

  • Acquisition Subsidiary shall have the meaning ascribed to it in the preamble hereto.

  • OpCo has the meaning set forth in the Preamble.

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

  • Indirect holdings means all securities of a company that are held in an account or fund, including a mutual fund, that is managed by one or more persons who are not employed by the state treasurer or a retirement system, if the state treasurer or retirement system owns shares or interests either:

  • 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.

  • Topco has the meaning set forth in the Preamble.

  • Intermediate Holdco means Sunnova Intermediate Holdings, LLC, a Delaware limited liability company.

  • Successor Holdings has the meaning assigned to such term in Section 6.03(a)(v).

  • 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.

  • Natural parent means a minor's biological or adoptive parent, and includes the minor's noncustodial parent.

  • 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.

  • New Parent shall have the meaning assigned to such term in the definition of the term “Change in Control”.

  • 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.

  • GP means Gottbetter & Partners, LLP.

  • 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:

  • Management Group means at any time, the Chairman of the board of directors, the Chief Executive Officer, the President, any Managing Director, Executive Vice President, Senior Vice President or Vice President, any Treasurer and any Secretary of Holdings or other executive officer of Holdings or any Subsidiary of Holdings at such time.

  • Intermediate Holdings shall have the meaning assigned to such term in the introductory paragraph of this Agreement.

  • RSC means the Regional Security Coordinator(s) (RSC(s)) appointed for CCR Hansa, unless it is explicitly otherwise stated, according to Article 77(1)(a) of the SO Regulation that will perform the tasks allocated to this(these) RSC(s) according to Article 77(1)(c)(i) of the SO Regulation;