Apax definition

Apax means Apax Partners LLP and funds or partnerships related, managed or advised by any of them or any Affiliate of any of them.

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Apax means Apax Partners, L.P.

Apax means any of the Apax group of funds, or their respective Affiliates, that directly or indirectly own or control voting shares of the Corporation

Examples of Apax in a sentence

• Where Apax retains any equity in New Holdings (other than following an IPO, which is treated below) or the surviving entity of such transaction, this stub equity would be treated as proceeds received by Apax in the Exit and valued as set forth below.

• In addition, in the case of an IPO, if at any time after the second anniversary of the IPO, the trailing twenty-day average closing price implies a value of the equity held by Apax such that, if it were sold, it would result in Apax having achieved a minimum return threshold, then that return threshold will be deemed to have been met.

• Such participation will be pro-rata on a fully-diluted basis (taking into account all shares and outstanding options held by them) and will be at the same per share price received by Apax in the sale.

• For purposes of computing Apax’s return, all fees (including management and closing fees) received by Apax and its affiliates will be considered proceeds of its investment.

• If Apax receives non-cash proceeds: (i) securities for which a trading market exists and that are freely saleable would be valued based upon a trailing twenty-day average closing price basis and (ii) other securities and non-cash assets would be valued in good faith by the Board.

More Definitions of Apax

Apax means Apax US VII, L.P. and/or the various partnerships comprising the funds known as Apax Europe V (such partnerships being comprised of Apax Europe V - A, L.P., Apax Europe V - B, L.P., Apax Europe V C GmbH & Co. KG, Apax Europe V - D, L.P., Apax Europe V - E, L.P., Apax Europe V - F, C.V., Apax Europe V - G, C.V., Apax Europe V - 1, LP and Apax Europe V - 2, LP);

Apax has the meaning set forth in the preamble to this Agreement.

Apax means Apax Partners LLP;

Apax means the Investor, as such term is defined in the Securityholders Agreement.

Apax means Apax Europe VI-A, L.P., Apax Europe VI-1, L.P. and Apax US VII, L.P. and their Affiliates that from time to time hold shares of Company Common Stock received pursuant to the Purchase Agreement or the Ancillary Agreement or in respect of any such shares. References to Apax include all of its private equity funds, including co-invest and side-by-side entities, that hold Company Common Stock from time to time as Permitted Transferee under this Agreement, so long as such entities continue to be advised by Apax Partners L.P. and Apax Partners LLP.

Apax means Apax Europe V - A, L.P., Apax Europe V - B, L.P., Apax Europe V - C GmbH & Co KG, Apax Europe V - D, L.P., Apax Europe V - E, L.P., Apax Europe V - F, C.V., Apax Europe V - G, C.V. each acting by its investment manager Apax Partners Europe Managers Limited;

Apax means Apax Partners Worldwide LLP.