Direct Parent definition

Direct Parent means Avis Budget Holdings, LLC, a limited liability company organized under the laws of the State of Delaware.

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Direct Parent means Avis Budget Holdings, LLC, a limited liability company organized under the laws of the State of Delaware. “Disinterested Directors” means, with respect to any Affiliate Transaction, one or more members of the Board of Directors of the Company,

Direct Parent means, with respect to any Subsidiary, any Wholly Owned Subsidiary of the Borrower that directly owns any Equity Interests of such Subsidiary.

Examples of Direct Parent in a sentence

The board of directors of Direct Parent, in its capacity as sole stockholder of Merger Sub, has, and not subsequently rescinded, modified or withdrawn in any way: (i) determined that this Agreement and the transactions contemplated hereby, including the Merger, are advisable and fair to and in the best interests of Merger Sub and Direct Parent and (ii) authorized and approved this Agreement and the transactions contemplated hereby, including the Merger.
Upon the terms and subject to the conditions set forth in this Agreement and in accordance with the DGCL, at the Effective Time, Merger Sub shall be merged with and into the Company, the separate existence of Merger Sub shall cease, and the Company shall continue as the surviving corporation in the Merger (hereinafter referred to for the periods at and after the Effective Time as the “Surviving Corporation”) as a wholly-owned direct subsidiary of Direct Parent.
All of the issued and outstanding capital stock of Merger Sub is, and at the Effective Time will be, owned by Direct Parent.

More Definitions of Direct Parent

Direct Parent has the meaning given to such term in the preamble.

Direct Parent. AMPNI Holdings Co. Limited, a limited liability company incorporated under the laws of the Republic of Cyprus.

Direct Parent shall have the meaning set forth in the Recitals.

Direct Parent means Energy XXI USA, Inc., a Delaware corporation, and the direct parent of the Company, and any and all successors thereto.

Direct Parent means, with respect to an Owner, the Person that directly owns or holds the limited liability company interests, membership interests or other equity interests of such Owner, but shall not include any Affiliates, who may own or control such Person or who may indirectly own such Owner indirectly by virtues of its direct or indirect ownership of such Person.

Direct Parent shall have the meaning set forth in the Preamble.

Direct Parent means EVgo Swift Pledgor LLC, a Delaware limited liability company.