Summit Holdings definition

Summit Holdings means Summit Materials Holdings L.P., a Delaware limited partnership.
Summit Holdings means Summit Materials Holdings L.P., a Delaware limited partnership and subsidiary of Summit.
Summit Holdings shall have the meaning specified in the recitals.

Examples of Summit Holdings in a sentence

  • Its sole material asset is a controlling equity interest in Summit Holdings.

  • On October 26, 2011, PLDT completed the acquisition of a controlling interest in Digital Telecommunications Phils., Inc., or Digitel, from JG Summit Holdings, Inc., or JGSHI, and its affiliates, or JG Summit Group.

  • The limited partnership agreement of Summit Holdings provides for pro rata cash distributions (“tax distributions”) to the holders of the LP Units in an amount generally calculated to provide each holder of LP Units with sufficient cash to cover its tax liability in respect of the LP Units.

  • The Parent Company is a majority owned subsidiary of JG Summit Holdings, Inc.

  • Prior to the IPO and related Reorganization, the capital structure of Summit Holdings consisted of six different classes of limited partnership units, each of which was subject to unique distribution rights.

  • Under the terms of a transaction and management fee agreement between Summit Holdings and Blackstone Management Partners L.L.C. (“BMP”), whose affiliates include controlling stockholders of the Company, BMP provided monitoring, advisory and consulting services to the Company through March 17, 2015.

  • JGSPC was incorporated in 1994 as a joint venture between JG Summit Holdings, Inc.

  • Tax Distributions – The holders of Summit Holdings’ LP Units, including Summit Inc., incur U.S. federal, state and local income taxes on their share of any taxable income of Summit Holdings.

  • There are no significant restrictions on the ability of SMLP or Summit Holdings to obtain funds from its subsidiaries by dividend or loan.

  • On October 26, 2011, PLDT completed the acquisition of a controlling interest in Digital Telecommunications Phils., Inc., or Digitel, from JG Summit Holdings, Inc., or JGSHI, and certain other seller- parties.

Related to Summit Holdings

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

  • 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.

  • 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.

  • 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.

  • Summit means the Summit of the Heads of State or Government of SADC established by Article 9 of this Treaty;

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