SPV Holdco definition
Examples of SPV Holdco in a sentence
Each of Mr. Shi, Vogel, Union Sky, Baring SPV, HONY SPV, Holdco, Parent and Merger Sub agrees and confirms that the Prior Agreement is hereby unconditionally and irrevocably terminated and is of no further force or effect.
Mr. Shi, Vogel, Union Sky, Baring SPV, HONY SPV, Holdco, Parent and Merger Sub entered into an Interim Investors Agreement dated as of March 17, 2014 (the “Prior Agreement”).
Pubco shall not own any shares in SPV Holdco prior to the SPV Holdco Merger.
Borrower and each of its subsidiaries has good and marketable title to the assets purported to be owned by it, including, without limitation, the Collateral and the member’s interests owned by Remark SPV Holdco LLC (“Holdco SPV”) or any other Loan Party in ▇▇▇▇▇▇.▇▇▇, LLC, a Nevada limited liability company (the “▇▇▇▇▇▇.▇▇▇ Interests”), other than Permitted Liens.
Each of Pubco, SPAC, SPV Holdco and the Exchange Agent, as applicable, shall be entitled to deduct and withhold from any amount paid or payable pursuant to this Agreement to any Person, such amounts as it is required to deduct and withhold with respect to the making of such payment under applicable Law.
Except for the equity interests of the Target Companies listed on Section 5.4 of the Company Disclosure Schedules, the Company does not (and, following the Reorganization, SPV Holdco will not) own or have any rights to acquire, directly or indirectly, any equity interests of, or otherwise Control, any Person.
At the SPV Merger Effective Time, the SPV Holdco Merger shall have the effects set forth in this Agreement and the applicable provisions of the Cayman Act.
The Company, SPV Holdco, Pubco, Merger Sub I and Merger Sub II each agrees and acknowledges that such irrevocable waiver is material to this Agreement and specifically relied upon by SPAC to induce SPAC to enter in this Agreement, and each of the Company, SPV Holdco, Pubco, Merger Sub I and Merger Sub II further intends and understands such waiver to be valid, binding and enforceable against such Party and each of its Affiliates under applicable Law.
Neither Remark SPV Holdco LLC (“Holdco SPV”) nor Remark Holdings SPV, Inc.
At the SPV Merger Effective Time, the register of members of SPV Holdco shall be closed and thereafter there shall be no further registration of transfers on the register of members of the SPV Surviving Company of the SPV Holdco Ordinary Shares that were issued and outstanding immediately prior to the SPV Merger Effective Time.