Equityholder definition
Examples of Equityholder in a sentence
The Equityholder shall not create, incur, assume or suffer to exist any Indebtedness of the Equityholder that would result in the Equityholder’s Asset Coverage Ratio, as of the last day of its most recent fiscal quarter, to be less than the greater of (x) 150% and (y) the ratio required for a business development company under the 1940 Act.
There is not now, nor will there be at any time in the future, any agreement or understanding between the Borrower and the Equityholder (other than as expressly set forth herein and the other Transaction Documents) providing for the allocation or sharing of obligations to make payments or otherwise in respect of any Taxes, fees, assessments or other governmental charges.
The Transaction Documents delivered, together with the Constituent Documents of the Borrower, to the Facility Agent represent all material agreements between the Equityholder, on the one hand, and the Borrower, on the other.
The Equityholder shall not enter into any agreement granting any other party the right to consent to any amendment, waiver or modification of this Agreement.
All such assets are transferred to the Borrower without recourse to the Equityholder, except as described herein and in the Sale Agreement and the Master Participation Agreement.