Examples of USWS Holdings in a sentence
Senior Secured Term Loan Credit Agreement among U.S. Well Services, Inc., USWS Holdings LLC, U.S. Well Services, LLC, the Subsidiary Guarantors, the Initial Lenders, and CLMG Corp.
As of the date of this Agreement, USWS Holdings owns all of the shares of capital stock or other securities of, or interest in, each of its Subsidiaries, which are listed on Exhibit 21 to USWS’s most recent Form 10-K filing with the SEC.
The proceeds from the sale of the Purchased Securities (net of the expenses related thereto) shall be used by USWS (or USWS Holdings or U.S. Well Services, LLC, as applicable) (a) to pay the extension fee and other costs and expenses associated with or required as a condition to, the amendment to USWS’s Senior Secured Term Loan Credit Agreement, dated May 7, 2019, by and among USWS Holdings, the guarantors and lenders named therein, and CLMG Corp.
Under this method of accounting, USWS Holdings is treated as the acquirer and MPAC is treated as the acquired party.
These forward - looking statements include, but are not limited to, statements with respect to the completion of the transac tions contemplated by the definitive merger and contribution agreement among MPAC, USWS Holdings and the other parties named therein and the future ope rat ing and financial performance, business plans and prospects of the combined company.
USWS Holdings and U.S. Well Services, LLC shall have executed the Term Loan Amendment on terms which are reasonably satisfactory to the Purchasers.
Each share of the Issuer’s Class B Common Stock, together with one common unit representing limited liability company interests in USWS Holdings LLC, is exchangeable for one share of Class A Common Stock.
Includes $10.3 million of deferred underwriting commission, $14.2 million other costs, including advisory, legal and accounti ng fees, and $1.0 million for the cash portion of a “change in control” bonus for the current Chief Executive Officer of USWS Holdings, who will become President and Chief Executive Officer of MPAC at closing.
On November 9, 2018, MPAC acquired USWS Holdings (the “Transaction”) pursuant to a Merger and Contribution Agreement, dated as of July 13, 2018 (as amended, the “Merger and Contribution Agreement”).
LOOKING STATEMENTS Certain statements contained in this presentation (“Presentation”), which reflect the current views of Matlin & Partners Acqu isi tion Corporation (“MPAC”), U.S. Well Services, LLC (“USWS”), and USWS Holdings LLC, a holding company for USWS (“USWS Holdings”), with respect to future ev ents and financial performance, and any other statements of a future or forward - looking nature, constitute “forward - looking statements” for the pur poses of federal securities laws.