Capricorn Holdings definition

Capricorn Holdings shall have the meaning assigned to such term in the preamble of this Agreement.
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Capricorn Holdings has the meaning set forth in the Recitals of this Agreement.
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Capricorn Holdings has the meaning set forth in the Recitals of this Agreement. “Capricorn Holdings Operating Agreement” has the meaning set forth in Section 5.1(c).
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Examples of Capricorn Holdings in a sentence

  • The proportions of the equity interests contributed to Seadrill Capricorn Holdings by each of Seadrill and the Company under Section 2.7 are such that, following those contributions and the contribution of IPO proceeds described in Section 3.4(c) by the Company to Seadrill Capricorn Holdings, Seadrill and the Company, respectively, will own 49% and 51% limited liability company interests in Seadrill Capricorn Holdings.

  • In consideration for the capital contributions by Seadrill and the Company to Seadrill Capricorn Holdings described in this Section 2.7, Seadrill Capricorn Holdings will issue 4,900 of its units to Seadrill and 4,100 of its units to the Company (additional units will be issued to the Company as set forth in Section 3.4(c)).

  • An instrument in writing by the Company, Seadrill Operating and Seadrill Capricorn Holdings, on the one hand, or Seadrill and Seadrill Americas, on the other hand, may waive compliance by the other with any term or provision of this Agreement that such other Party was or is obligated to comply with or perform.

  • Seadrill Capricorn Holdings shall issue to the Company units representing limited liability company interests in Seadrill Capricorn Holdings in exchange for $14.79 million in cash, and Seadrill Capricorn Holdings shall issue to Seadrill units representing limited liability company interests in exchange for $14.21 million in cash.

  • Seadrill shall sell and transfer to Seadrill Capricorn Holdings, and Seadrill Capricorn Holdings shall purchase from Seadrill, the remaining 29.2531% ownership interest in Seadrill Hungary in exchange for the issuance by Seadrill Capricorn Holdings to Seadrill of the Capricorn Note (the “Seadrill Hungary Purchase Price”).

  • Issuance of Company Units to Seadrill; Issuance of Seadrill Capricorn Holdings Units to Seadrill and the Company.

  • If more than one (1) position is open in that classification, the selection is made from the top three (3) applicants.

  • Any exercise by Capricorn Holdings of its rights under this clause shall not limit or affect any other rights or remedies available to any party under this Agreement or otherwise.

  • The Company shall contribute to Seadrill Capricorn Holdings a 36.0809% ownership interest in Seadrill Hungary, in exchange for units in Seadrill Capricorn Holdings.

  • In exchange for the contributions in Section 2.4 and Section 2.7, Seadrill Capricorn Holdings shall issue 4,900 units to Seadrill.


More Definitions of Capricorn Holdings

Capricorn Holdings has the meaning assigned to such term in the preamble hereto.
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Capricorn Holdings shall have the meaning assigned to such term in the preamble of this Agreement. “Cash Equivalents” shall mean any of the following:
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Related to Capricorn 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.

  • Holdco has the meaning set forth in the Preamble.

  • Holdings as defined in the preamble hereto.

  • Foreign Holding Company means any Domestic Subsidiary substantially all of the assets of which consist of Equity Interests and/or Indebtedness of one or more Foreign Subsidiaries or other Foreign Holding Companies.

  • OpCo has the meaning set forth in the Preamble.

  • Indirect holdings means all securities of a company that are held in an account or fund, including a mutual fund, that is managed by one or more persons who are not employed by the state treasurer or a retirement system, if the state treasurer or retirement system owns shares or interests either:

  • CFC Holding Company means each Domestic Subsidiary that is treated as a partnership or a disregarded entity for United States federal income tax purposes and that has no material assets other than assets that consist (directly or indirectly through disregarded entities or partnerships) of Equity Interests or indebtedness (as determined for United States tax purposes) in one or more CFCs.

  • Oaktree means Oaktree Capital Management, LLC and its Affiliates, including any partnerships, separate accounts or other entities managed by Oaktree.

  • Topco has the meaning set out in the Preamble;

  • MLP has the meaning given such term in the introduction to this Agreement.

  • Acquisition Subsidiary shall have the meaning ascribed to it in the preamble hereto.

  • 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.

  • CFC Holdco means any Domestic Subsidiary that has no material assets other than Equity Interests of one or more Foreign Subsidiaries that are CFCs.

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

  • Atlas means Automated Transportation Logistics Activity System. ATLAS is a computerized information system to which all Shippers have access upon request. ATLAS enables Shippers to nominate and release product and to monitor and coordinate the movement of Petroleum Products while on Carrier's system.

  • Newco has the meaning set forth in the first paragraph of this Agreement.

  • GP means Gottbetter & Partners, LLP.

  • CEC means the California Energy Commission or its successor agency.

  • Parent means a “parent corporation,” whether now or hereafter existing, as defined in Section 424(e) of the Code.

  • New Parent shall have the meaning assigned to such term in the definition of the term “Change in Control”.

  • SAP Parent means SAP SE, a European Company (Societas Europaea, SE) established under the laws of Germany and the European Union, registered with the commercial register of the local court of Mannheim, Germany, under HRB 719915, with registered office in Walldorf, Germany, and business address at Dietmar-Hopp-Allee 16, 69190 Walldorf, Germany.

  • 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.

  • Natural parent means a minor's biological or adoptive parent, and includes the minor's noncustodial parent.

  • Constellation has the meaning assigned to that term in the Recitals.

  • Operating Company has the meaning set forth in the preamble.

  • 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;