Examples of Target Opco in a sentence
In connection with the Acquisition, CSC Holdings, LLC will also repay all outstanding indebtedness under the Existing Target Opco Credit Agreement and the existing Newsday Credit Facility and the Existing Senior Notes and the Existing Target Notes will remain outstanding.
As of the Closing Date, no Loan Party has incurred any Indebtedness since the Effective Date, except as would have been permitted pursuant to Section 4.04 of Annex I or pursuant to the Existing Target Opco Credit Agreement.
From the date of the Target Opco Borrower Notice and subject to the satisfaction of the requirements set forth in Section 2.10 and Section 3.02 of the Credit Agreement, NMGC shall be a “Borrower” and the “Target Opco Borrower” for all purposes under the Credit Agreement, and NMGC agrees to perform all of the obligations of a Borrower under, and be bound in all respects by the terms of, the Credit Agreement as if it were a signatory party thereto as Borrower.
Any reduction of the Purchase Tranche Commitment below the Purchase Tranche Target Opco Sublimit then in effect shall reduce the Purchase Tranche Target Opco Sublimit by a like amount.
Holdco Borrower, and if applicable, Target Opco Borrower, shall have delivered to Administrative Agent a Notice of Borrowing meeting the requirements of Section 2.1.1.2.
Vertical integration models rather than horizontal integration, native applications rather than browser application, premium rather than free.
All capitalized terms used in this Target Opco Borrower Notice and not otherwise defined herein shall have the meanings assigned to them in the Credit Agreement.
Such Obligor shall not, and shall not permit any Significant Subsidiary to, enter into any transaction with any of its Affiliates (other than, in the case of Target Opco Borrower, any Subsidiary of Target Opco Borrower and in the case of any other Obligor, any Obligor or any Subsidiary of Company) unless such transaction is on terms no less favorable to such Obligor or such Significant Subsidiary than if the transaction had been negotiated in good faith on an arm’s-length basis with a non-Affiliate.
Target Opco shall have provided written notice offering to prepay the Target Private Placement Notes to the holders thereof in accordance with Section 8.3 of the Target Note Purchase Agreement and the amount of Backstop Tranche Loans borrowed shall not exceed the amount required to repay the holders of Target Private Placement Notes accepting such offer in accordance with the Target Note Purchase Agreement (and to pay related interest, fees and expenses).
All capitalized terms used in this Target Opco Borrower Request and Assumption Agreement and not otherwise defined herein shall have the meanings assigned to them in the Credit Agreement.