ACL Holdings definition

ACL Holdings shall have the meaning set forth in the first paragraph hereof.
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ACL Holdings has the meaning set forth in the preamble hereto.
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Examples of ACL Holdings in a sentence

  • ACL Holdings shall mandatorily redeem all Senior Preferred Membership Interests and Junior Preferred Membership Interests in year 15 at the amount of the Redemption Value (plus accrued and unpaid yield thereon) of such Membership Interests at such time.

  • ACL Holdings shall also take such steps, or cause one or more of its Subsidiaries to take such steps, as may be necessary to cause ACL Holdings and/or one or more of its Subsidiaries to assume the Vectura Employee Benefit Plans identified on Schedule 6.2(a) (the "Assumed Vectura Employee Benefit Plans").

  • No Vectura Party nor its Affiliate has employed any broker, finder, consultant or other intermediary in connection with the Recapitalization Transactions who would have a valid claim for a fee or commission from CSX, ACL Holdings or any Subsidiary of ACL Holdings in connection with the Recapitalization Transactions.

  • Student conduct records resulting in a sanction of conduct suspension or conduct expulsion will be retained indefinitely.

  • Any such transaction shall also be a Change of Control, and any such transaction which would not also otherwise trigger tag-along rights as provided above shall trigger a liquidation of ACL Holdings.

  • Except as set forth in this Agreement, whether or not the Recapitalization Transactions are consummated, all advisory, legal and other costs and expenses incurred in connection with this Agreement and the transactions contemplated hereby shall be paid by the Party incurring such costs and expenses (it being understood that such costs and expenses incurred by ACL Holdings or ACL prior to the Closing shall be for the account of CSX).

  • At ACL Holdings' option, Senior Preferred Membership Interests may be exchanged into current-pay subordinated notes containing the same features as such Membership Interests at any time contemporaneously with or following ACL Holdings' conversion to a Subchapter C corporation.

  • ACL Holdings shall assist CSX and Vectura in the preparation of the Initial Statements, and CSX and Vectura shall be provided full access to any properties, books and records in ACL Holdings possession for such purpose.

  • It is understood and agreed by the Parties that ACL Holdings and ACL shall have no liability or expense under any Financing Letter except upon consummation of the Recapitalization Transactions, all such liability or expense to be borne by the Vectura Parties.

  • Following the Closing, ACL Holdings shall pay (or reimburse the appropriate Party for) any sales, use, transfer, recording or other Taxes (other than Income Taxes) imposed in connection with the Recapitalization Transactions.

Related to ACL Holdings

  • 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.

  • Holdings as defined in the preamble hereto.

  • Holdings LLC Agreement means the Amended and Restated Limited Liability Company Agreement of Holdings dated as of the Closing Date.

  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;

  • Intermediate Holding Company means any Subsidiary of Holdings (of which Holdings, directly or indirectly, owns 100% of the issued and outstanding Equity Interests) that, directly or indirectly, owns 100% of the issued and outstanding Equity Interests of the Lead Borrower.

  • Holdco has the meaning set forth in the Preamble.

  • Mutual holding company means that term as defined in section 10(o) of the home owners' loan act, chapter 64, titles III and IX of Public Law 101-73, 12 U.S.C. 1467a, and OTS regulations governing mutual holding companies.

  • Intermediate Holdco as defined in the preamble to this Agreement.

  • financial holding company means a financial holding company as defined in point (20) of Article 4(1) of Regulation (EU) No 575/2013;

  • Foreign Holding Company means any Subsidiary all or substantially all of the assets of which are comprised of Equity Interests in one or more Foreign Subsidiaries or CFC Debt.

  • Foreign Subsidiary Holding Company means any Domestic Subsidiary that is a direct parent of one or more Foreign Subsidiaries and holds, directly or indirectly, no other assets other than Equity Interests of Foreign Subsidiaries and other de minimis assets related thereto.

  • Acquisition Subsidiary shall have the meaning set forth in the Preamble.

  • OpCo has the meaning set forth in the Preamble.

  • CFC Holding Company means any Domestic Subsidiary that owns no material assets (directly or indirectly) other than Equity Interests and debt of one or more CFCs or Domestic Subsidiaries that are themselves CFC Holding Companies.

  • Successor Holdings has the meaning assigned to such term in Section 6.03(a)(v).

  • Intermediate Holdings shall have the meaning assigned to such term in the introductory paragraph of this Agreement.

  • Topco has the meaning set out in the Preamble;

  • RSC means the Regional Security Coordinator(s) (RSC(s)) appointed for CCR Hansa, unless it is explicitly otherwise stated, according to Article 77(1)(a) of the SO Regulation that will perform the tasks allocated to this(these) RSC(s) according to Article 77(1)(c)(i) of the SO Regulation;

  • Permitted Holdings Debt has the meaning assigned to such term in Section 6.01(a)(xviii).

  • Qualified Holdings means, as to any Recipient, all Shares owned beneficially or of record by: (i) such Recipient, or (ii) such Recipient's Customers, but in no event shall any such Shares be deemed owned by more than one Recipient for purposes of this Plan. In the event that more than one person or entity would otherwise qualify as Recipients as to the same Shares, the Recipient which is the dealer of record on the Fund's books as determined by the Distributor shall be deemed the Recipient as to such Shares for purposes of this Plan.

  • Intermediate Parent means any Subsidiary of Holdings and of which the Borrower is a subsidiary.

  • Management Group means at any time, the Chairman of the board of directors, the Chief Executive Officer, the President, any Managing Director, Executive Vice President, Senior Vice President or Vice President, any Treasurer and any Secretary of Holdings or other executive officer of Holdings or any Subsidiary of Holdings at such time.

  • Bank Holding Company means a company registered as such with the Board of Governors of the Federal Reserve System pursuant to 12 U.S.C. §1842 and the regulations of the Board of Governors of the Federal Reserve System thereunder.