Sponsor Holdco definition

Sponsor Holdco shall have the meaning given in the Preamble hereto.
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Sponsor Holdco means FACT II Acquisition LLC, a Cayman Islands limited liability company, and its successors or assigns.
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Sponsor Holdco means GP-Act III Sponsor LLC, a Cayman Islands limited liability company, and its successors or assigns.
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Examples of Sponsor Holdco in a sentence

  • On or prior to the Effective Date, certain of the proceeds from the Private Placement provided by Sponsor and Sponsor Holdco shall be deposited into the Trust Account in accordance with the Sponsor Purchase Agreement and the Sponsor HoldCo Purchase Agreement, respectively.

  • None of the Restricted Class A Shares may be sold, assigned or transferred by Sponsor HoldCo, other than to its permitted transferees, until ninety (90) days after consummation of the Company’s initial Business Combination.

  • As used herein, the term “Public Shareholders” means the holders of Public Shares sold as part of the Units (as defined below) in the Offering or acquired in the aftermarket, including Sponsor HoldCo (defined below) and any officer or director of the Company, to the extent, he, she or it acquires such Ordinary Shares in the aftermarket (and solely with respect to such Ordinary Shares).

  • Certain proceeds from the sale of the Placement Units and Restricted Class A Shares will be deposited by the Company in the Trust Account in accordance with the terms of the Trust Agreement on the Closing Date as provided for in the Sponsor Purchase Agreement and Sponsor HoldCo Purchase Agreement.

  • On August 6, 2024, Sponsor HoldCo transferred 30,000 Founder Shares to each of the Company’s three independent directors and 130,000 Founder Shares to the Executive Chairman of the Company (an aggregate of 220,000 Founder Shares), in each case at their original purchase price.

  • FACT II Acquisition Parent LLC, a Cayman Islands limited liability company (the “Sponsor”), holds Founder Shares through Sponsor HoldCo, which has committed to purchase certain Placement Units and the Restricted Class A Shares.


More Definitions of Sponsor Holdco

Sponsor Holdco means Quantum Ventures LLC, a Delaware limited liability company.
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Sponsor Holdco means Quantum Ventures LLC, a Delaware limited liability company. “Sponsors” means each of Sponsor Holdco, Chardan and the directors and officers of Quantum. “Sponsor Shares” means the 5,031,250 Quantum Shares, held by the Sponsors as of the date of the
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Related to Sponsor Holdco

  • Sponsor Group means the Sponsors and the Sponsor Related Parties.

  • Permitted Holders means Xxxxxx X. Xxxxxxxx (or in the event of his incompetence or death, his estate, heirs, executor, administrator, committee or other personal representative (collectively, “heirs”)) or any Person controlled, directly or indirectly, by Xxxxxx X. Xxxxxxxx or his heirs.

  • Sponsor Affiliate means an entity that joins with the Company and that participates in the investment in, or financing of, the Project and which meets the requirements under the FILOT Act to be entitled to the benefits of this Fee Agreement with respect to its participation in the Project, all as set forth in Section 5.13 hereof.

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

  • Public Shareholders means the holders of Ordinary Shares included in the Units issued in the Public Offering; (v) “Public Shares” shall mean the Ordinary Shares included in the Units issued in the Public Offering; (vi) “Trust Account” shall mean the trust account into which a portion of the net proceeds of the Public Offering and the sale of the Private Placement Warrants shall be deposited; (vii) “Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause (a) or (b); and (viii) “Charter” shall mean the Company’s Amended and Restated Memorandum and Articles of Association, as the same may be amended from time to time.