Equity Syndication definition
Examples of Equity Syndication in a sentence
Notwithstanding the entry into or consummation of any Equity Syndication, the Equity Commitment Letter shall remain in full force and effect (it being agreed that no Equity Syndication shall in any way reduce or otherwise limit the aggregate commitment or liability of Sponsor under the Equity Commitment Letter or any obligations or liability of Guarantor under the Limited Guarantee).
Parent shall deliver notice to the Company promptly (and in any event within 24 hours) following the completion of the Equity Syndication.
For the avoidance of doubt, if any of the foregoing cease to be satisfied with respect to any Applicable Investor following the Equity Syndication Period End Date, Parent and its Affiliates shall cause such Applicable Investor to be excluded from the Equity Syndication.
The Company shall, promptly after the Equity Syndication Period End Date, make or cause to be made a notification to DDTC, as provided for in 22 C.F.R. § 122.4(b) and DDTC’s 60-Day Notice Guidance, and promptly respond to all questions and comments received from DDTC regarding such notification.
Parent, Merger Sub and the Company will, and will cause their respective Representatives to, reasonably cooperate, at Parent’s expense, to facilitate the Equity Syndication.
Without limiting the generality of the foregoing, the Company and Parent shall, within five business days after the Equity Syndication Period End Date, prepare and file the notifications required under the HSR Act and any applicable foreign antitrust or competition laws or regulations in connection with the Merger.
As promptly as practicable after the date of this Agreement, but in any event no later than 10 business days following the Equity Syndication Period End Date, the Company shall prepare and cause to be filed with the SEC, in preliminary form, a proxy statement relating to the Company Members’ Meeting (together with any amendments or supplements thereto, the “Proxy Statement”).
During the period commencing on the Closing Date and ending on the second anniversary of the Closing Date, no Holder shall Transfer any Shares or PECs, except pursuant to a Transfer to a Permitted Transferee or in connection with a Permitted Equity Syndication, in each case, in compliance with the provisions of this Agreement.
Holdco shall also arrange for a meeting of all syndicatees pursuant to a Permitted Equity Syndication with the chief executive officer of the Group on an annual basis.
All communications hereunder shall be in writing and effective only upon receipt and (A) if to the Underwriters, shall be sufficient in all respects if delivered, mailed or sent to the Representative in care of Ladenburg T▇▇▇▇▇▇▇ & Co. Inc., 5▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ – 1▇▇▇ ▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇, Attention: Equity Syndication Desk (facsimile no.