Equitix Holdco definition

Equitix Holdco. Equitix Ether Bidco Limited, a newly-incorporated private limited company incorporated in Guernsey;
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Examples of Equitix Holdco in a sentence

  • The Restructuring Agreement also includes certain co-operation provisions as between Equitix Holdco, Bidco and certain of their affiliates.

  • Bidco and Equitix Holdco have agreed that the Equitix Acquisition will be effected through the subscription by Equitix Holdco in cash for loan notes issued by Aqueduct Midco Limited, the holding company of Bidco, pursuant to the Equitix Bridge Loan, for the purposes of partially funding the Acquisition.

  • In connection with the Equitix Acquisition, Bidco and Equitix Holdco, among others, have entered into the Restructuring Agreement on or around the date of this Announcement, pursuant to which the parties have agreed certain restructuring steps to occur as soon as reasonably practicable following the Effective Date, to effect the Equitix Acquisition (which shall result in Equitix Holdco owning 50 per cent.

  • The KKR Investor and Equitix Holdco have agreed to obtain the affirmative consent of the other shareholder (for so long as that shareholder holds an equity percentage of ordinary and voting shares of at least 25 per cent.

  • In connection with the Equitix Acquisition, the KKR Investor and Equitix Holdco have entered into a shareholders’ agreement on the date of this Announcement, which will take effect from completion of the Equitix Acquisition (the “Shareholders’ Agreement”).

  • There are also customary conduct of business gap controls that will apply between the Effective Date and the Equitix Acquisition Effective Date, before Equitix Holdco acquires the AssetCo Issuance Shares.

  • Such loan notes shall be transferred by Equitix Holdco to Aqueduct Newco 2 Limited, an indirectly wholly-owned subsidiary of Bidco (the “KKR Investor”), in consideration for the KKR Investor procuring the issuance of the AssetCo Issuance Shares to Equitix Holdco.

  • Any existing letters of credit that have been issued under the existing financing arrangements of the ▇▇▇▇ ▇▇▇▇▇ Group to support obligations relating to the AssetCo Group shall be backstopped and/or replaced by the KKR Investor and Equitix Holdco pro rata to their ownership interest in the ordinary shares of ▇▇▇▇ ▇▇▇▇▇ Investments Limited from time to time.

  • Prior to the issuance of the AssetCo Issuance Shares to Equitix Holdco, Bidco shall be required to arrange for the listing of ▇▇▇▇ ▇▇▇▇▇ to be cancelled, and for ▇▇▇▇ ▇▇▇▇▇ to be re-registered as a private limited company.

  • Bidco intends to implement the Acquisition and Equitix Holdco intends to implement the Equitix Acquisition.

Related to Equitix Holdco

  • Holdco has the meaning set forth in the Preamble.

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

  • US Holdco means, notwithstanding anything in the Indenture to the contrary, Brookfield Infrastructure US Holdings I Corporation; and

  • Topco has the meaning set forth in the Preamble.

  • Foreign Subsidiary Holdco means any Restricted Subsidiary which is organized under the laws of the United States (as defined for purposes of Section 956 of the Code) that has no material assets other than the Capital Stock and, if any, Indebtedness of (1) one or more Foreign Subsidiaries that are “controlled foreign corporations” as defined by Section 957 of the Code or (2) any other Foreign Subsidiary Holdco.