Topco definition
Examples of Topco in a sentence
To the extent the Company and its Subsidiaries do not contribute or otherwise transfer at or immediately prior to the Closing an amount in cash equal to the Funding Capacity to the DAP Issuer, the Topco holding the U.S. retail pharmacy segment of the Company shall contribute or otherwise transfer, in cash, any such remaining unfunded Funding Capacity to the DAP Issuer concurrently with the Closing, on terms agreed prior to the Closing by Parent and the Company.
The Parent Entities hereby represent and warrant that, giving effect to the Carveout Transactions, immediately following the closing of the Reinvestment, the relative proportion of the equity interests at each Topco held by the Specified Holders, on the one hand, and the Parent Entities and their respective Affiliates, on the other hand, shall be identical at each such Topco.
As promptly as practicable (and in any event within 30 days) following the date hereof, Parent shall (and it shall cooperate with the Equity Financing Sources and their other Affiliates, as applicable, to) cause the Equity Financing Sources to cause each Topco and each Affiliate of Parent (other than the Equity Financing Sources) who becomes a party to any Financing Letter to (i) be formed and (ii) enter into a joinder to this Agreement, in form and substance reasonably satisfactory to the Company.