VCOC Letters definition

VCOC Letters means those certain letters, in the form of Exhibit L, among certain Holders, the Issuer and the Note Parties party thereto, dated as of the Closing Date, relating to certain “venture capital operating company” rights.
View Source
VCOC Letters means, the letters dated as of the Effective Date, executed by the Borrower in favor of Highbridge Principal Strategies - Specialty Loan Institutional Fund III-L, L.P. and Highbridge Principal Strategies - Specialty Loan Institutional Fund III, L.P. regarding certain management rights, in form and substance satisfactory to such Lenders.
View Source
VCOC Letters means those letter agreements, by and between Issuer and Subscriber and/or any of its Affiliates, substantially in the form attached hereto as Attachment 3.
View Source

Examples of VCOC Letters in a sentence

  • The Administrative Agent shall have received VCOC Letters in form and substance acceptable to the Holders.

  • Assuming the VCOC Letters constitute the valid and binding obligations of such applicable Purchaser or other Affiliate thereof party thereto, on the Closing Date, the VCOC Letters will be valid and binding obligations of the Company enforceable against the Company in accordance with their terms, subject to the Enforceability Exceptions.

  • The execution, delivery and performance of this Agreement, the Indenture, the Notes, the VCOC Letters and each Issuer Agreement (the “Transaction Agreements”) and the consummation of the transactions contemplated herein and therein (collectively, the “Transactions”), have been duly authorized by the Board of Directors and all other necessary corporate action on the part of the Company.

  • If applicable, assuming the VCOC Letters constitute the valid and binding obligations of the Purchaser or other Affiliate thereof party thereto, on the Closing Date, the VCOC Letters will be valid and binding obligations of the Company enforceable against the Company in accordance with their terms, subject to the Enforceability Exceptions.

  • The execution, delivery and performance of this Agreement, the Indenture, the Notes, the VCOC Letters and the Issuer Agreement (the “Transaction Agreements”) and the consummation of the transactions contemplated herein and therein (collectively, the “Transactions”), have been duly authorized by the Board of Directors and all other necessary corporate action on the part of the Company.

Related to VCOC Letters

  • Commitment Letters has the meaning set forth in Section 4.6(b).

  • Advisory letter means a nondisciplinary letter to notify a

  • Private Letter Ruling has the meaning set forth in the recitals.

  • Representation Letters means the representation letters and any other materials (including, without limitation, a Ruling Request and any related supplemental submissions to the IRS) delivered or deliverable by, or on behalf of, Parent, SpinCo and others in connection with the rendering by Tax Advisors and/or the issuance by the IRS of the Tax Opinions/Rulings.

  • Equity Agreements has the meaning set forth in Section 5.1.