Firmamento definition
Examples of Firmamento in a sentence
On or after the Effective Date, after release of the security interest of the FRN Holders over the shares of Servicios originally owned by Firmamento and release of the security interest of the Mexican Government over the equity interests of Firmamento originally owned by Principia and Loral SatMex Ltd.
Until the trust referred to above has been finalized and executed, Ediciones and LoralSat, no later than 12:00 (noon) on December 30, 1997, will grant a pledge of the shares of Firmamento which they own and which represent 100% of the subscribed and paid capital of Firmamento.
The by-laws of Satmex will be revised and simplified, including eliminating existing veto rights afforded to Firmamento, and will also be revised in a manner acceptable to the Bondholders consistent with the voting and governance matters set forth herein, subject to applicable regulatory approvals that do not have a material impact on the provisions herein.
In its capacity as controlling shareholder of LoralSat, that the financial statements of Ediciones will reflect only an equity capital of U.S. $12,000.00 (twelve thousand dollars), legal currency of the United States of America, and assets constituting an equity interest representing the equity capital of Firmamento, which together with the equity interest held by Ediciones, represents 100% of the subscribed and paid equity capital of Firmamento.
That it is holder of an equity interest representing the equity capital of Firmamento, which together with the equity interest held by LoralSat, represents 100% of the subscribed and paid equity capital of Firmamento, and all of which is free and clear of any liens or limits on ownership.
The First Priority Senior Secured Notes will not be guaranteed in any manner by Servicios or by Firmamento; consequently, the trusts over the shares of Satmex originally owned by Servicios and over those of Servicios originally owned by Firmamento will be terminated as of the Effective Date.
In its capacity as controlling shareholder of Ediciones, that the financial statements of Ediciones will reflect only an equity capital of $20,000,000.00 (twenty million pesos 00/100) M.N., and assets constituting an equity interest representing the equity capital of Firmamento, which together with the equity interest held by Loral, represents 100% of the subscribed and paid equity capital of Firmamento.
That it is holder of an equity interest representing the equity capital of Firmamento, which together with the equity interest held by Ediciones, represents 100% of the subscribed and paid-in equity capital Firmamento.