Equity Interests definition
Examples of Equity Interests in a sentence
The outstanding Equity Interests of all such Persons are validly issued, fully paid and THIRD AMENDED AND RESTATED CREDIT AGREEMENT – PAGE 123 non-assessable and are owned by Consolidated Parties, directly or indirectly, in the manner set forth on Schedule 8.1.13(b), free and clear of all Liens (other than ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ and other Liens arising under or contemplated in connection with the Credit Documents).
Furthermore, nothing contained in the Credit Documents shall require any Borrower or Guarantor to pledge as Collateral more than 65% of the total outstanding voting Equity Interests of any Foreign Subsidiary that is a CFC or any Foreign Subsidiary Holdco.
Permit Parent to own, directly or indirectly, less than 100% of the Equity Interests of each Obligor except as a result of a permitted Disposition; provided, that for so long as the Refinery Asset Borrowing Base Component is greater than $0, Parent shall own, directly or indirectly, 100% of the Equity Interest of Calumet Montana.
In connection therewith, the Borrower shall not certificate any of its Equity Interests so long as the Borrower shall not have elected that such Equity Interests to be securities governed by Article 8 of the UCC of the applicable jurisdiction.
The Borrower does not own or hold the Equity Interests in any other Person.