Examples of SpinCo Notes in a sentence
Prior to or at the Effective Time, SpinCo shall enter into the SpinCo Credit Facility and issue the SpinCo Notes.
Each of KAR and SpinCo shall cooperate in the preparation of all materials as may be necessary or advisable to effect the SpinCo Credit Facility and the SpinCo Notes.
SpinCo shall borrow a principal amount of $ 800.0 million Dollars under the SpinCo Credit Facility and issue SpinCo Notes in an aggregate principal amount of $500.0 million Dollars and, subject to the availability of sufficient surplus and satisfaction of all other requirements under Delaware law, prior to the Effective Time, SpinCo shall use a portion of the proceeds from the SpinCo Credit Facility and the SpinCo Notes to make the Cash Distribution.
In consideration for the Contribution, AS SpinCo shall (a) issue to SDS 197,705,449 shares of AS SpinCo Common Stock, (b) issue to SDS the AS SpinCo Notes and (c) pay to SDS the Cash Proceeds.
Post will contribute to SpinCo (i) all of the Post Owned BellRing LLC Units and the Post Owned BellRing Share and (ii) an amount in cash equal to the Negative Capital Account in exchange for the issuance to Post of the SpinCo Notes and additional units representing limited liability company interests of SpinCo (which units shall be converted to additional shares of SpinCo Common Stock in the Conversion).
This generates a large number of messages that need to be transmitted both from and to a watcher terminal while using up its battery power rather quickly, and introduces serious scalability problems within the core network due to presence-related signalling [3].
SpinCo shall borrow a principal amount of [ ● ] Dollars ($[ ● ]) under the SpinCo Credit Facility and issue SpinCo Notes in an aggregate principal amount of [ ● ] Dollars ($[ ● ]) and, subject to the availability of sufficient surplus and satisfaction of all other requirements under Delaware law, prior to the Effective Time, SpinCo shall use a portion of the proceeds from the SpinCo Credit Facility and the SpinCo Notes to make the Cash Distribution.