Thrift Holding definition

Thrift Holding is defined on the first page of this Agreement.
View Source

Examples of Thrift Holding in a sentence

  • If ▇▇▇▇▇’ interest shall not have been paid directly to ▇▇▇▇▇ by the Maker, Thrift Holding agrees to remit, contemporaneously with its receipt thereof, ▇▇▇▇▇’ interest in any such payment.

  • As of the Effective Date, Affinity Insurance Group, Inc., Affinity Group Thrift Holding Corp.

  • Thrift Holding is the holder of a capital note issued by Affinity Bank Holdings Inc.

  • Thrift Holding agrees (i) to pay, directly to CIBC Capital Markets (“CIBC”), a fee in the amount of $450,000 committed to be paid by AOA Holding LLC, an affiliate of ▇▇▇▇▇, in connection with the funding of the purchase of the participation pursuant to this Participation Agreement, and (ii) to reimburse AOA for the allocable portion of CIBC’s legal fees, $72,581, such payments to be made by Thrift Holding contemporaneously with the receipt of funds by Thrift from ▇▇▇▇▇ hereunder.

  • Thrift Holding hereby grants to ▇▇▇▇▇ a participation in the Capital Note to the extent of $15 million of principal thereof, together with (i) interest on such $15 million at the rate set forth in the Capital Note from the date hereof and (ii) any pro rata premium, penalty or other amounts payable in respect of the Capital Note by the terms thereof.

  • Thrift Holding is the owner of the Capital Note, free and clear of any liens, mortgages, charges, security interests, encumbrances or other restrictions or limitations and has the legal right and authority to grant to ▇▇▇▇▇ a participation in the Capital Note as provided herein.

  • All payments made in respect of the Capital Note shall be first applied to accrued interest on ▇▇▇▇▇’ interest therein and then to the principal amount of ▇▇▇▇▇’ interest therein, Thrift Holding agreeing that it shall retain no payment in respect of the Capital Note until the participation of ▇▇▇▇▇ therein has been paid in full to ▇▇▇▇▇.

Related to Thrift Holding

  • Parent Holding Company means any direct or indirect parent entity of Holdings which holds directly or indirectly 100% of the Equity Interest of Holdings and which does not hold Capital Stock in any other Person (except for any other Parent Holding Company).

  • CFC Holding Company means a Subsidiary, substantially all of the assets of which consist of Equity Interests or Indebtedness of (a) one or more CFCs or (b) one or more CFC Holding Companies.

  • 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.

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

  • 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.