Equity Interests definition
Examples of Equity Interests in a sentence
Schedule 3.07 sets forth as of the date hereof the name and jurisdiction of incorporation, formation or organization of the Borrower and each of its Subsidiaries and the percentage of each class of Equity Interests owned by the Pledgor, Borrower or Parent, as applicable, indicating the ownership thereof.
With respect to each Company Subsidiary, the Equity Interests of such Company Subsidiary constitute all of the outstanding equity interests of such Company Subsidiary and all such Equity Interests are duly authorized, validly issued, fully paid and nonassessable.
Each of MUFG Bank, Ltd., U.S. Bank Trust Company, National Association or their respective Affiliates may make loans to, issue letters of credit for the account of, accept deposits from, acquire Equity Interests in and generally engage in any kind of banking, trust, financial advisory, underwriting or other business with the Borrower and its respective Affiliates as though such Person were not an Agent hereunder and without notice to or consent of the Lenders.
All Equity Interests of such Group Companies are duly and validly issued and are fully paid and non-assessable.
Solely for U.S. federal, and applicable state and local, income tax purposes, it is intended that Purchaser was deemed to have exercised its option to purchase all of the Equity Interests in each Company Subsidiary on the Option Agreement Effective Date in a transaction described in Section 1001 of the Code in respect of the Station Assets in exchange for the Purchase Price (the “Intended Tax Treatment”).