Divided LLC definition

Divided LLC means a limited liability company which has been formed upon the consummation of an LLC Division.
Divided LLC means any LLC which has been formed upon the consummation of an LLC Division.
Divided LLC means any Delaware LLC which has been formed as a consequence of a Division (excluding any dividing Delaware LLC that survives a Division).

Examples of Divided LLC in a sentence

  • Other than Permitted Dispositions or transactions expressly permitted by Sections 6.3 or 6.9, Borrower will not, and will not permit any of its Subsidiaries to convey, sell, lease, license, assign, transfer, or otherwise dispose of (or enter into an agreement to convey, sell, lease, license, assign, transfer, or otherwise dispose of) any of its or their assets (and including any disposition of property to a Delaware Divided LLC pursuant to a Delaware LLC Division).

  • Hickman Road], Pending Proof Of Dram InsuranceDocuments: I01F.PDF I.1.G. Consideration Of Approval Of Renewal Of 12-Month Class C Liquor License (LC) (Commercial) With Outdoor Service And Sunday Sales Privileges For House Divided, LLC, D/B/A Poncho’s Friendly Confines [292 W.

  • Cause (i) 100% of the issued and outstanding Equity Interests of each Domestic Subsidiary (including, without limitation, each Subsidiary that is a Delaware Divided LLC), other than any FSHCO, directly owned by a Loan Party and (ii) 65% (or such greater percentage that could not reasonably be expected to cause any material adverse tax consequences) of the issued and outstanding Equity Interests entitled to vote (within the meaning of Treas.

  • No Loan Party shall own or create directly or indirectly any Subsidiaries (including without limitation, the formation of any Subsidiary that is a Delaware Divided LLC), other than those existing on the date of this Agreement, those created to own service centers or those consented to by the Lender.

  • I owe him a debt of gratitude for looking through the material that follows, though of course the responsibility for any errors that remain is my own.


More Definitions of Divided LLC

Divided LLC means any Delaware limited liability company which has been formed as a consequence of a Division (excluding any dividing Delaware limited liability company that survives a Division).
Divided LLC means any limited liability company which has been formed upon the consummation of an LLC Division. “Documentation Agent” means, solely with respect to the Term A Facility and the Revolving Credit Facility, BMO Harris Bank, N.A. and
Divided LLC means any limited liability company which has been formed upon the consummation of an LLC Division. “Dollars” or “$” refers to lawful money of the United States of America.
Divided LLC means any limited liability company that has been formed upon consummation of an LLC Division.Fifth Amended and Restated Credit Agreement
Divided LLC means a limited liability company which has been formed upon the consummation of an LLC Division. “Dollars” or “$” means the lawful currency of the United States of America.
Divided LLC means any LLC which has been formed upon the consummation of an LLC Division. “Dollar” or “$” means the lawful currency of the United States.
Divided LLC means any LLC which has been formed upon the consummation of an LLC Division. “Dollar” and “$” mean lawful money of the United States. “Domestic Subsidiary” means any direct or indirect Subsidiary that is organized under the laws of the United States, any state or commonwealth thereof, or the District of Columbia. “Drug Acquisition” means any acquisition (including any license or any acquisition of any license) solely or primarily of all or any portion of the rights in respect of one or more drugs or pharmaceutical products, whether in development or on market (including related intellectual property), but not of Equity Interests in any Person or any operating business unit unless such rights constitute all or substantially all of such Person’s or operating business’ assets. “Early Opt-in Effective Date” means, with respect to any Early Opt-in Election, the sixth (6th) Business Day after the date notice of such Early Opt-in Election is provided to the Lenders, so long as the Administrative Agent has not received, by 5:00 p.m. (New York City time) on the fifth (5th) Business Day after the date notice of such Early Opt-in Election is provided to the Lenders, written notice of objection to such Early Opt-in Election from Lenders comprising the Required Lenders. “Early Opt-in Election” means the occurrence of: (a) a determination by the Administrative Agent, or a notification by the Borrower to the Administrative Agent that the Borrower has made a determination, that U.S. dollar-denominated syndicated credit facilities currently being executed, or that include language similar to that contained in Section 3.03(c), are being executed or amended (as applicable) to incorporate or adopt a new benchmark interest rate to replace LIBOR, and (b) the joint election by the Administrative Agent and the Borrower to replace LIBOR with a Benchmark Replacement and the provision by the Administrative Agent of written notice of such election to the Lenders. “EEA Financial Institution” means (a) any credit institution or investment firm established in any EEA Member Country which is subject to the supervision of an EEA Resolution Authority, (b) any entity established in an EEA Member Country which is a parent of an institution described in clause (a) of this definition, or (c) any financial institution established in an EEA Member Country which is a Subsidiary of an institution described in clauses (a) or (b) of this definition and is subject to consolidated supervision with it...