Fincos definition
Examples of Fincos in a sentence
Except under the circumstances described in clause (iii) below, if at any time none of the Fincos has a ▇▇▇▇▇’▇ Rating, S&P Rating or Fitch Rating, Level V Status shall exist with respect to Loans to any Borrower other than Harley.
However, unvested options to acquire a maximum of 225,704 shares of Clear Channel common stock that are not “in the money” on the date of the merger may not, by their terms, be cancelled prior to their stated expiration date; the Fincos and Merger Sub have agreed to allow these stock options to be converted into stock options to acquire shares of CCM Parent Class A common stock.
The recitals contained herein and in the 2021 Notes, except the Trustee’s certificates of authentication, shall be taken as the statements of the Fincos, and the Trustee assumes no responsibility for their correctness.
The Fincos have in place (including taking into account the services to be provided under the Ancillary Agreements), all measures in line with industry practice (i) to protect the Information Technology Systems, including any data stored therein, against unauthorized access and damages caused by computer viruses or similar programs, and (ii) to carry on the conduct of their business in the normal course in the event of any failure of the Information Technology Systems.
The Fincos and Merger Sub have informed us that they anticipate converting approximately 625,000 shares of Clear Channel restricted stock held by management and employees pursuant to the May 2007 equity grants into CCM Parent Class A common stock on a one-for-one basis.
The Fincos have validly in place (including immediately following the Closing, taking into account the services to be provided under the Ancillary Agreements) all support and maintenance agreements required for operation of the Information Technology Systems.
Taking into account legal and tax constraints, the Parties will discuss in good faith how such price increase shall be allocated among the Fincos.
Insofar as open source software is used by the Fincos, it is only open-source software which does not lead or which is used by the Fincos in a manner that does not lead, to a so-called "viral effect", meaning, in particular, that it does not establish any material obligation to grant licenses to third parties and/or to disclose source code.
The purchase price for the Fincos shall be as set forth in Section 2.5(a) above (the “Fincos Purchase Price”).
If at any time none of the Fincos has a ▇▇▇▇▇’▇ Rating, S&P Rating or Fitch Rating, Level IV Status shall exist with respect to Loans to any Borrower other than Harley.